Manager - Corporate Risk Management

PeopleStrong; Mumbai; On-site; INR 1,800,000 - 2,500,000; Full time

Job summary

L&T Group is seeking a Risk Management professional to drive pre-bid and execution risk reviews, assessing contractual and commercial exposures across projects in India and international markets. The role emphasizes adherence to ERM processes and bank guarantee considerations.

The candidate should have strong analytical skills, EPC exposure, and experience in risk governance, with qualifications in construction/project management and related risk disciplines.

Qualifications

• Bachelor's Degree in Engineering (Civil / Mechanical)
• Construction Management or Project Management qualifications preferred (NICMAR / RICS)
• Experience in Risk Management and Contract/Commercial management
• EPC project execution experience preferred

Responsibilities

• Assess tender documents during the pre-bid stage and identify key project risks.
• Prepare risk profiles covering contractual, execution, commercial, counterparty, country, regulatory risks.
• Provide risk-related inputs and recommendations to support informed bid decisions.
• Coordinate and facilitate Pre-Bid Risk Reviews and Execution Risk Reviews across L&T businesses.
• Prepare project-specific risk assessments, risk profiles, portfolio analyses, and review reports.
• Support management in evaluating project risk exposure and mitigation strategies.

Skills

Risk Management

Contract Management

Commercial Management

Financial Analysis

Planning

Cost Management

Tendering & Contracts

Education

BTech

PGP ACM

Master in Construction Project Management

NICMAR / RICS or equivalent

Job description

Risk Management Contract Management Commercial Management Financial Analysis Planning Cost Management Tendering & Contracts

Bachelor of Technology (BTech) Post Graduate Program in Advanced Construction Management (PGP ACM) Master in Construction Project Management

Job Description

Role Purpose

Support the assessment, evaluation, and monitoring of project and enterprise risks across the L&T Group by facilitating pre-bid and execution risk reviews, reviewing contractual and commercial exposures, supporting bank guarantee recommendations, and ensuring adherence to Enterprise Risk Management (ERM) processes.

Key Responsibilities

• Assess tender documents during the pre-bid stage and identify key project risks.
• Prepare comprehensive risk profiles covering:
  • Contractual Risks
  • Execution Risks
  • Commercial Risks
  • Counterparty Risks
  • Country Risks
  • Regulatory Risks (India and international markets)
  • Technology and Obsolescence Risks
• Provide risk-related inputs and recommendations to support informed bid decisions.
• Coordinate and facilitate Pre-Bid Risk Reviews and Execution Risk Reviews across L&T businesses.
• Organize and participate in project/site visits as required.
• Prepare project-specific risk assessments, risk profiles, portfolio analyses, and review reports.
• Support management in evaluating project risk exposure and mitigation strategies.

3. Bank Guarantee Review & Recommendation Support

• Review requests for issuance and extension of bank guarantees for projects across the L&T Group.
• Evaluate proposals from contractual, commercial, and risk perspectives.
• Provide recommendations to support decision-making regarding bank guarantee approvals and extensions.
• Ensure adherence of Independent Companies (ICs) to the Enterprise Risk Management (ERM) framework and related processes.
• Coordinate with IC Risk Teams to facilitate effective implementation of ERM requirements.
• Monitor compliance with risk management policies, procedures, and reporting requirements.
• Support continuous improvement initiatives relating to risk governance and risk management practices.

Preferred Candidate Profile

Education

Bachelor's Degree in Engineering (Civil / Mechanical).

Additional qualifications in Construction Management or Project Management (NICMAR / RICS or equivalent), Risk Management.

Experience

• Relevant experience in Risk Management, Project Management, Contract Management, Commercial Management, or related functions.
• EPC project execution experience is preferred.
• Contractual and Commercial Acumen
• Stakeholder Management
• Analytical & Problem-Solving Skills
• Report Writing & Presentation Skills
• Cross-functional Coordination and Facilitation