Turner & Townsend
A global consultancy business serving clients in the real estate, infrastructure and natural resources sectors.
Senior Risk Consultant – Life Sciences Construction
Location
Massachusetts
Posted
49 days ago
Salary
Not specified
Bachelor Degree7 yrs expEnglish
Job Description
• Identify, assess, and manage risks associated with construction projects
• Conduct comprehensive risk assessments across various stages of construction projects, including planning, design, execution, and completion.
• Identify potential risks (financial, operational, environmental, legal, safety-related, etc.) that may impact the delivery of construction projects.
• Use risk management tools and techniques to assess the likelihood and impact of identified risks.
• Develop and recommend strategies for mitigating identified risks, including insurance, contingency planning, contract management, and other proactive measures.
• Collaborate with project managers, engineers, and contractors to implement risk management plans and ensure that mitigation actions are followed.
• Continuously monitor the risk landscape throughout the project lifecycle to track new risks and changes in existing risks.
• Prepare and present regular risk reports to senior management, highlighting potential issues, risk exposure, and the effectiveness of mitigation actions.
• Assist in updating the project risk register to reflect evolving risk profiles.
• Use quantitative and qualitative risk analysis techniques (such as Monte Carlo simulations, decision trees, and sensitivity analysis) to model potential risk scenarios and their impact on project objectives.
• Perform cost-benefit analysis of risk management strategies to determine the most cost-effective solutions.
• Communicate risk-related issues clearly to stakeholders, including clients, contractors, and project teams.
• Facilitate discussions on risk tolerance and ensure alignment with the project’s risk management framework.
• Ensure that risk management processes and activities align with relevant industry standards, regulations, and best practices.
• Assist in ensuring compliance with health and safety regulations and environmental guidelines during project execution.
• Participate in training sessions to enhance risk management knowledge and improve project risk handling capabilities across the organization.
Job Requirements
- Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction
- Minimum 7 years of applicable experience
- Experience in construction management is highly preferred.
- Proficient in Microsoft Office Suite, especially Excel for risk analysis and reporting.
- Knowledge of construction processes, contract management, and project management principles.
- Detail-oriented, with the ability to identify potential risks that might not be immediately apparent.
- Strong problem-solving and critical thinking skills.
- Strong communication skills
Benefits
- On-site presence and requirements may change depending on our client's needs
- Opportunity to affect change
- Healthy, productive and flexible working environment that respects work-life balance
- Equal opportunity employer that celebrates diversity
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