Risk Manager - Construction

Turner & Townsend • $90K — $120K *
Richmond, VA 23223In-Person
Real Estate & Construction
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in construction management, cost management, quantity surveying, or related field
  • 5-7 years of relevant experience
  • Experience with construction project procurement and contract management
  • Background in Program Management or Program Controls environment
  • Expertise in risk identification and management techniques
  • Exceptional communication, analytical, and negotiation skills
  • Thorough understanding of construction contracts and delivery methods
  • Proficient in process mapping and root cause analysis
  • Familiarity with web-based database tools like ARM and Tableau
  • Highly self-motivated and customer-focused

Responsibilities

  • Maintain visibility of risk factors to facilitate budget profiling
  • Inform investment planning using risk data
  • Monitor risk exposure and assess remaining budgets
  • Collaborate with contractors on risk assessments
  • Produce timely risk reports for threat and opportunity status
  • Conduct quantitative risk assessments to guide contingency planning
  • Proactively improve risk management services for clients
  • Create and adhere to risk management plans per client requirements
  • Conduct regular risk reviews and develop response plans
  • Lead cost-effective risk assessment processes
  • Integrate risk management with project controls and reporting
  • Collaborate to eliminate redundancies and improve processes
  • Facilitate knowledge transfer within the risk team and to clients
  • Map value streams to identify and minimize waste
  • Manage supplier performance metrics and improvement plans
  • Support expert witnesses in legal matters
  • Handle construction stage contract and claims management
  • Assess contractual claims and provide strategic advice
  • Evaluate delay recovery measures and manage change controls
  • Supervise valuation of completed works and settle final accounts

Benefits

  • Opportunity for professional growth in a well-established firm
  • Involvement in large-scale and diverse projects
  • Collaborative work environment that fosters knowledge sharing
  • Access to advanced risk management tools and methodologies
  • Competitive benefits package tailored for project professionals
Full Job Description
Job Description

Turner & Townsend is looking forRisk Manager to join our growing team. The ideal individual will be an experienced risk professional that has supported large scale construction projects.

Responsibilities:
  • Maintain visibility of threat/opportunity trigger points to facilitate risk cost profiling, timely drawdown of risk budget or retirement of threat/opportunity.
  • Use risk data to inform investment planning.
  • Monitor overall risk exposure and assess the remaining risk budget.
  • Work with contractors to assess contractors held risks and their views on client held risks that impact upon them.
  • Produce risk reports as required, in a timely manner, to support the effective communication of threat and opportunity status.
  • Conduct quantitative risk assessment (cost and schedule) to inform project contingency levels.
  • Initiate a proactive approach to the review, development and improvement of risk management services for the client.
  • Undertake end-to-end project risk management practices on multiple projects/programs.
  • Undertake the creation of risk management plans and processes in adherence to client requirements, processes, policies, and frameworks.
  • Conduct risk reviews at regular intervals, identify and analyze, determine response plans, ensure that project and program risk profiles are being monitored and reported.
  • Lead and run a comprehensive schedule and cost-effective risk assessment (QCRA & QSRA) process is delivered.
  • Establish integration of the risk management function within the program and project controls team, with direct touch points to cost and schedule management, change control, and reporting.
  • Work proactively and collaboratively with program and project control teams to eliminate redundancies and identify improvement opportunities.
  • Provide opportunities to facilitate the transfer of knowledge within the immediate risk team, to the greater project controls team, and to the client. The transfer of knowledge may include informal one-on-one discussions with client stakeholders and more formal presentations to clients and colleagues.
  • Create value stream mapping to quantify pain points and develop solutions to minimize waste (both in terms of speed and cost).
  • Collaborate on the supplier performance management program including the collection of performance metrics and tracking supplier improvement action plans.
  • Demonstrate a level of support to expert witnesses in arbitral or ligation processes.
  • Lead, manage, and carry out construction stage contract and claims management.
  • Carry out assessment of contractual claims in accordance with the contract.
  • Provide strategic and contractual advice on disputes and related resolution issues.
  • Evaluate delay recovery measures.
  • Carry out change management and construction stage cost control.
  • Supervise the measurement and valuation of completed works and variations.
  • Manage the settlement of final accounts with contractors
  • SOX control responsibilities may be part of this role, which are to be adhered to where applicable.


Qualifications
  • Bachelor's degree in construction management, cost management, quantity surveying, engineering or field related to construction.
  • Minimum 5-7 years of applicable experience
  • Relevant construction project procurement and contract management experience.
  • Demonstrated experience within a Program Management or Program Controls environment
  • Deep knowledge and experience with risk identification, facilitation and techniques.
  • Strong communication, analytical and negotiation skills.
  • In-depth understanding of construction contracts, commercial models, and delivery methods.
  • Proficient in process mapping, root causes analysis, problem solving, and value-stream mapping.
  • Familiarity with web-based database tools - ARM, Predict, Tableau
  • Highly self-motivated, analytical, and customer centric.
  • Excellent communication skills.


Additional Information

*On-site presence and requirements may change depending on our clients' needs.*

About Turner & Townsend

Turner & Townsend Careers

Joining Turner & Townsend offers a unique opportunity to contribute to some of the most exciting projects worldwide. As a global leader in professional services, Turner & Townsend is at the forefront of transforming the industry through expertise, innovation, and leadership.

Explore Job Opportunities

Turner & Townsend is constantly seeking skilled professionals eager to drive innovation and lead industry standards. With a variety of job opportunities available, candidates can find positions that match their skills and career aspirations. Explore employment options that span across critical sectors such as construction, project management, and consultancy.

Experience Professional Growth

Turner & Townsend is committed to the professional growth and continuous development of its team members. The company supports career advancement through robust training programs, including leadership development and diversity training, ensuring every team member has the tools and knowledge to succeed.

Internship Programs

For those starting their career journey, Turner & Townsend offers internship programs that provide a rich learning environment. Interns gain hands-on experience, working alongside seasoned professionals and contributing to impactful projects. These internships are a gateway to full-time employment and a flourishing career within the company.

Cultivating a Diverse and Inclusive Culture

Turner & Townsend prides itself on fostering an inclusive culture where diversity is celebrated. The company believes that a diverse workforce enhances creativity and drives innovation. Employees from various backgrounds are encouraged to share their unique perspectives, promoting a collaborative and supportive workplace.

Benefits and Employee Wellbeing

Understanding the importance of a work-life balance, Turner & Townsend offers comprehensive benefits designed to support the wellbeing of its team. Benefits include health care, flexible working conditions, and competitive retirement plans, all aimed at enhancing the quality of life for employees.

Join the Team

Turner & Townsend is hiring! Search open positions that align with your professional skills and interests. The company is looking for passionate, curious, and solution-driven team players. Prepare your resume, sharpen your interview skills, and get ready to join a team where your contributions will be valued and your career will flourish.

Networking and Career Development

Turner & Townsend encourages continuous networking and professional development. By participating in industry conferences and company-hosted events, employees can build valuable relationships and stay current with industry trends.

Stay Connected

Keep up to date with the latest from Turner & Townsend: - **Read Careers Blog**: Gain insights from experts and stay informed about the latest company news and industry trends. - **Job Alert Emails**: Personalize your subscription to receive job alerts and insider tips tailored to your preferences. Discover exciting and rewarding opportunities that await at Turner & Townsend. Turner & Townsend is not just a place to work—it's a place where careers are made, innovation thrives, and opportunities abound. Join the team and be part of shaping the future of the industry.
Learn more about Turner & Townsend
Industry
Real Estate & Construction
* Ladders Estimates

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