Project Risk Manager (Offshore Oil & Gas)

ErthaMilestone; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading project management firm in Singapore seeks a Project Risk Management Manager to identify, analyze, and mitigate risks throughout the project lifecycle. This role is critical for ensuring project success by embedding risk management practices and providing strategic oversight. Ideal candidates will have a strong background in risk governance and the ability to lead risk identification workshops effectively.

Qualifications

• Experience in project risk management across the project lifecycle.
• Proven track record in risk governance and leadership.
• Ability to use qualitative and quantitative risk analysis techniques.

Responsibilities

• Establish and implement project risk management framework.
• Chair risk review boards and provide comprehensive reporting.
• Facilitate risk workshops and lead risk analysis.
• Develop and oversee risk response plans and contingency measures.
• Monitor and update risk landscape and project risk register.
• Foster a culture of proactive risk management within the organization.

Skills

Risk Management Framework Development

Risk Identification & Analysis

Risk Mitigation & Response Planning

Continuous Risk Monitoring

Leadership & Mentoring

Risk Tool Management

Education

Degree in Project Management, Risk Management, or related field

Tools

Risk management software

Job description

Job Type: Full Time

Job Description

Project Interface Coordination Department

Job Summary

The Project Risk Management Manager is dedicated to identifying, analyzing, and mitigating risks that could threaten the successful delivery of projects. This role involves embedding risk management practices into the entire project lifecycle, from initiation to closure, to protect project scope, budget, and timelines. By providing strategic oversight and actionable mitigation plans, this manager ensures that potential threats are proactively addressed and opportunities are captured. The purpose is to instill confidence in project execution and safeguard the organization’s strategic investments from uncertainty.

A. Strategic Framework & Governance

• Risk Management Framework Development: Establish, implement, and maintain the project risk management framework, including policies, procedures, methodologies, and risk appetite thresholds for the project portfolio.
• Project Risk Governance & Reporting: Chair risk review boards and provide regular, comprehensive risk reporting to project sponsors, senior leadership, and steering committees, highlighting critical risks, mitigation effectiveness, and overall project exposure.

B. Core Risk Process Execution

• Proactive Risk Identification & Analysis: Facilitate risk workshops and interviews across all project phases to identify potential threats and opportunities. Lead qualitative and quantitative risk analysis (e.g., Monte Carlo simulations) to assess impact on project objectives (cost, schedule, scope, quality).
• Risk Mitigation & Response Planning: Develop, document, and oversee the implementation of robust risk response plans and contingency measures. Ensure risk owners are assigned and action plans are executed.
• Continuous Risk Monitoring & Control: Monitor the risk landscape for trigger conditions and new emerging risks. Track the status of identified risks and the effectiveness of mitigation actions, updating the project risk register accordingly.
• Risk Tool & System Management: Select, implement, and manage risk management software and tools to enable efficient tracking, analysis, and reporting of project risks.
• Leadership, Training & Culture: Lead and mentor project teams and junior risk staff on risk management principles. Foster a culture of proactive risk identification and open communication throughout the organization.
• Integration with Project Management: Ensure risk management is fully integrated into the project lifecycle, from initiation and planning to execution and closure, including change control processes.