Senior Advisor - Portfolio Risk Coordination and Management

North Star Associates Inc.; Montreal; On-site; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Advisor for Portfolio Risk Coordination and Management. This pivotal role involves leading the design and implementation of risk management processes to ensure effective oversight and data-driven decisions. You will collaborate with project managers and stakeholders to develop risk management plans, monitor risk allowances, and facilitate workshops. This is a fantastic opportunity to join an experienced portfolio management team in a dynamic environment, where your expertise will drive strategic asset uplift programs and optimize portfolio strategies. If you have a strong background in risk management within heavy industries, this role is perfect for you.

Benefits

Opportunity to work in an experienced portfolio management team

Site-specific training provided

Personal protective equipment provided

Qualifications

• 5+ years of experience in risk management within heavy industry.
• Proven experience in developing risk management roadmaps.

Responsibilities

• Develop and implement portfolio risk management processes and frameworks.
• Identify and prepare risk management plans with project stakeholders.
• Calculate and monitor project risk allowances and prepare reports.

Skills

Risk Management

Portfolio Risk Management

Project Risk Management

Collaboration

Data Analysis

Education

Bachelor's degree in economics, engineering, or business-related discipline

Tools

MS Excel

Primavera P6

Job description

Senior Advisor - Portfolio Risk Coordination and Management

About Us:

At North Star, we provide exceptional project management that sets a clear course for success. We unite the best people, processes, and technology to deliver projects safely, on-time, and on-budget. We are experts in the design, construction, and maintenance of a wide range of heavy industrial and infrastructure projects in mining, energy, road construction, and more.

About the role:

We are looking for a Senior Advisor, Portfolio Risk Coordination & Management to lead the design, implementation, and continuous improvement of project and portfolio risk management processes and frameworks. This role will play a crucial part in ensuring effective risk oversight, enabling data-driven decisions and optimizing portfolio strategy.

What We Offer:

• Opportunity to work in an experienced portfolio management team.
• Role can be based in Montreal, Labrador City, or Sept-Îles.

Key Responsibilities:

Reporting to the Portfolio Manager, you will:

• Develop and implement portfolio risk management processes, methodologies, frameworks, and controls to minimize risk exposure.
• Identify, evaluate, and prepare risk management plans in collaboration with project managers, project controllers, and stakeholders.
• Calculate and monitor project and portfolio risk allowances, preparing risk reports and mitigation plans for leadership review.
• Partner with HSES, Enterprise Risk teams, and contractors/consultants to define mitigation strategies for material risks.
• Provide independent risk reviews and challenge sponsors on risk classifications and associated consequences.
• Support the Post Investment Review (PIR) process, ensuring lessons learned from a risk perspective inform future projects.
• Follow up with risk owners to ensure mitigation actions are executed and asset risks are closed post-project completion.
• Facilitate risk management workshops as needed.

What You'll Need to Succeed:

• Minimum of 5 years of experience in risk management, portfolio risk management, and/or project risk management in a heavy industry context.
• Proven experience in developing roadmaps for risk and strategically driven asset uplift programs.

Preferred Qualifications:

• Advanced MS Excel skills for risk-related data modeling.
• Intermediate experience with Primavera P6.
• Strong ability to work collaboratively with cross-functional teams.
• Bachelor's degree in economics, engineering, or a business-related discipline.

Please note that you will be required to work in an industrial environment, requiring hands-on field supervision. This may include working at heights, dirty/dusty and noisy environments, and confined spaces. All personal protective equipment and site-specific training will be provided.

A negative pre-employment drug and alcohol test, along with an acceptable driving record are important parts of our safety program and are requirements for employment.

North Star Associates is strongly committed to employment equity. We welcome applications from all qualified candidates who are eligible to work in Canada without sponsorship. We thank all candidates for their interest and wish to advise that only those selected for an interview will be contacted.

Find out more about North Star Associates by visiting our website at www.nsainc.ca.