RISK COORDINATOR :
The Risk Coordinator supports the delivery and maintenance of comprehensive, consistent, and realistic risk management plans, registers along with the actions management across bid, projects, business segments, and departments to enhance overall business performance by minimizing surprises.
- Ensure compliance with Health, Safety & Environmental (HSE) responsibilities and Information Security policies.
- Uphold company and client core values in all aspects of risk coordination and stakeholder engagement.
- Facilitate effective communication between the risk management department and key internal and external stakeholders.
- Create and maintain standardized risk register templates tailored to each major product or project type.
- Apply appropriate project-specific risk impact ranges based on business segment and bid/project context.
- Facilitate the risk management activities on all bid/ proposals and conduct full risk assessments and Monte Carlo analysis of all priority 1 bids/ proposals adhering to the bid submission timeline.
- Analyze Monte Carlo simulation outputs and prepare presentation materials to communicate key costs, schedule risk areas, and contingency levels for all priority 1 bids/ proposals.
- Develop comprehensive risk management action plans for each identified risk.
- Lead risk kick-off meetings after contract award, review the proposal stage risks and hand over the residual risks to the Project Manager.
- Collaborate closely with Project Managers to ensure full adherence to the risk procedure, including attending the monthly RIMAR sessions held by the project team.
- Monitor the implementation of project risk management processes, ensuring RIMAR documentation is accurate and compliant.
- Oversee the execution of risk mitigation actions, critically evaluate risk quality - including definitions, rating rationale, and close-out statuses etc. demonstrating proactive risk governance.
- On need basis conduct the Monte Carlo analysis on the execution projects or verify the analysis outputs by the project team.
- Monitor departmental risk management processes and facilitate quarterly department and business segment risk reviews.
- Review and refine the risk management process to ensure it remains fit for purpose.
- Provide risk management guidance and training as required for the stakeholders.
- Communicate effectively with a diverse, multinational team across multiple locations.
- Perform any other duties or tasks as requested by the Department Manager to support the effective functioning and development of the Risk Management department.
QUALIFICATIONS:
- Relevant degree and/or certification as a Risk Management Analyst, or equivalent professional experience.
- Minimum of 8 years’ industry experience, including hands-on expertise in setting up risk registers and conducting Monte Carlo simulations (optional, training will be provided).
- At least 5 years of experience in Project Management / Project Controls, with a strong focus on risk and cost-related activities, preferably including the development of project cashflows.
- Excellent analytical skills, with strong oral and written communication abilities.
- Good working knowledge of risk management principles, analysis techniques, and industry-standard tools such as @RISK
