Risk Manager

Alstom; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A global transportation company is seeking a Risk Management Specialist in Toronto. The role focuses on owning the Risk, Saving & Opportunity (RSO) processes, managing the risk register, and ensuring effective communication with stakeholders. Ideal candidates will have 5-7 years of experience in risk management and a background in engineering. If you're ready for the challenge, we want to hear from you!

Qualifications

• 5-7 years of experience in risk management.
• Experience with QCRA and QSRA for large projects.
• Strong understanding of risk management methodologies.

Responsibilities

• Be the RSO process owner within the project.
• Develop and maintain the risk register.
• Deliver clear, actionable risk reporting to stakeholders.

Skills

Risk management

Analytical skills

Stakeholder management

Education

BA's degree in Engineering

AACE Certified (DRMP)/PMI-RMP

IPMA-D, PMP certification

Tools

Monte Carlo Risk assessment tool

Risk Management software (e.g. ARM, SAFRAN)

Job description

Req ID:495037

At Alstom, we understand transport networks and what moves people. From high-speed trains, metros, monorails, and trams, to turnkey systems, services, infrastructure, signalling and digital mobility, we offer our diverse customers the broadest portfolio in the industry. Every day, more than 80 000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars.

Objective

Be the RSO (Risk, Saving & Opportunity) process owner within the project from the bid phase to project termination

Working in close collaboration with the Project Manager (PM), owner of risk management in the project team, advising on risk management of the project (tender, contract, or program execution)

Comply with the risk management plan, procedures, and requirements of the assigned scope of work

Experience in facilitating input collection workshops to develop and run an integrated Quantitative Risk Analysis (QRA) model, and presenting the results, to inform target price

Responsible to develop and maintain the risk register using best practices such as but not limited to:,

• Defining risks including risk description, cause, effect, mitigation and other fields

• Manage efficiently risk deliverable including risk reporting
• Facilitate the synchronization and communication of internal stakeholders
• Report pro-actively the risk KPIs to variousstakeholders(customer, core team, corporate)

Responsibilities:

RSO (Risk, Saving & Opportunity) Training:

Ensure that Project members are trained at an appropriate level in the discipline of Risk Management by running seminars and training courses.

RSO (Risk, Saving & Opportunity) Identification and Assessment:

Act as a support to Project Team for the identification and the assessment of risks, opportunity and the implementation and follow-up of mitigation actions.

Act as leader on risk, saving and opportunity identification ‘brainstorming’ sessions.

Propose risk owners within the Project for approval by the Project Manager.

Evaluate each identified risk and opportunity in collaboration with the risk owners.

Follow up with risk owners to ensure the mitigation actions are on track, including escalation where required

Review contractor risks impacting project cost and schedule and reflect them in the risk register

RSO (Risk, Saving & Opportunity) Mitigation and Monitoring:

Act as a support to risk owners for the definition, the implementation and the follow-up of mitigation actions.

Ensure that the approved risk mitigation actions are integrated into the main Project schedule and budget, by linking with the project schedule and cost control team.

Monitor progress on risks and risk mitigation actions.

RSO (Risk, Saving & Opportunity) Quantification:

Liaise with Project Manager, Core Team, and risk owners to develop scoring rationale for the risks and opportunities

Work closely with scheduling to prepare a high-level schedule (or assess detailed schedules) to be used for quantitative schedule risk analysis and define the link between risks, duration uncertainties, and schedule activities

Liaise with Bid/Cost manager for pricing risks

Perform integrated quantitative cost and schedule risk analysis using Risk Management software (e.g. ARM, SAFRAN etc.)

RSO (Risk, Saving & Opportunity) Reporting:

Create and maintain consolidated Risk and Opportunity Register.

Deliver clear, actionable risk reporting and dashboards to senior leadership and stakeholders that includes interpretation of QCRA/QSRA results (e.g. Distribution S Curve Graph, Sensitivity Analysis, Tornado Chart and Deep Dive Schedule Logic)

Supporting project team on all other project deliverables including but not limited to internal presentations for TLW, QCDP, TRM, TTM and external deliverables including defending risk report and analysis

Performance measurements:

Evaluate risk and opportunity registers at the project and program level, ensuring quality standards are met

Clear mitigation plans with Person in Charge identified

Traceability of the information and decisions for Monthly Project Review, Sector Project Review

Deeper investigation with the Core Team in case of main risk occurring on a project

Develop and maintain risk KPI and any other risk performance metrics for the project

Incorporating risk and opportunity contingency in ODY.C and periodically reviewing it during execution to keep proper check on contingencies spent.

Educational Requirements

BA's degree in Engineering

AACE Certified (DRMP)/PMI-RMP is an asset

IPMA-D, PMP certification is an asset

Experience & Competencies

5-7 years of experience in Risk management

Experienced with utilizing the Monte Carlo Risk assessment tool.

QCRA and QSRA experience for a multi-million dollar Railway/infrastructure project

Comprehensive understanding of risk management principles, methodologies, and tools

Strong analytical skills for comprehensive risk and opportunity assessments

Project management background

Good knowledge of railway products and systems

Is used to work with internal processes (Tenders, Projects, Engineering, Industrial, Sourcing, Supply Chain, Quality, and their interfaces)

Excellent stakeholder management and collaboration skills

You don’t need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family, you’ll be proud. If you’re up for the challenge, we’d love to hear from you!

Important to note

As a global business, we’re an equal-opportunity employer that celebrates diversity across the 63 countries we operate in. We’re committed to creating an inclusive workplace for everyone.