Quantitative Cost Risk Analyst (Construction)

SmartRecruiters, Inc.; Hobbs (NM); On-site; USD 90,000 - 130,000; Full time

Job summary

Turner & Townsend is seeking a Risk Manager to join our growing team. The ideal candidate will have extensive risk management experience supporting large-scale construction and capital projects, including data centers, critical infrastructure, aviation, life sciences, and energy & natural resources.

Responsibilities include leading risk assessments, monitoring risk budgets, creating risk management plans, and coordinating with program controls to integrate cost and schedule management.

Qualifications

• Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction.
• Minimum 3 years of applicable experience
• Relevant construction project procurement and contract management experience.
• Demonstrated experience within a Program Management or Program Controls environment
• Deep knowledge and experience with risk identification, facilitation and techniques.

Responsibilities

• Maintain visibility of threat/opportunity trigger points to facilitate risk cost profiling, timely drawdown of risk budget or retirement of threat/opportunity.
• Use risk data to inform investment planning.
• Monitor overall risk exposure and assess the remaining risk budget.
• Work with contractors to assess contractors held risks and their views on client held risks that impact upon them.
• Produce risk reports as required, in a timely manner, to support the effective communication of threat and opportunity status.
• Conduct quantitative risk assessment (cost and schedule) to inform project contingency levels.
• Initiate a proactive approach to the review, development and improvement of risk management services for the client.
• Undertake end-to-end project risk management practices on multiple projects/programs.
• Undertake the creation of risk management plans and processes in adherence to client requirements, processes, policies, and frameworks.
• Conduct risk reviews at regular intervals, identify and analyze, determine response plans, ensure that project and program risk profiles are being monitored and reported.
• Lead, manage, and carry out construction stage contract and claims management.
• Carry out assessment of contractual claims in accordance with the contract.
• Provide strategic and contractual advice on disputes and related resolution issues.
• Carry out change management and construction stage cost control.
• Supervise the measurement and valuation of completed works and variations.
• Manage the settlement of final accounts with contractors
• SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Skills

Risk identification

Stakeholder management

Data analysis

Communication

Negotiation

Education

Bachelor's degree in construction management

Tools

ARM

Predict

Tableau

Job description

• Full-time

Company Description

Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.

Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success.

Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.

We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.

Job Description

Turner & Townsend is looking for a Risk Manager to join our growing team. The ideal individual will be an experienced risk professional that has supported large scale construction projects.

The successful candidate will bring experience supporting the delivery of construction and capital projects within one or more of Turner & Townsend's key markets, includingdata centers, critical infrastructure, aviation, life sciences, and energy & natural resources. Exposure to complex projects, stakeholder management, and multidisciplinary teams across these sectors is preferred.

Responsibilities:

• Maintain visibility of threat/opportunity trigger points to facilitate risk cost profiling, timely drawdown of risk budget or retirement of threat/opportunity.
• Use risk data to inform investment planning.
• Monitor overall risk exposure and assess the remaining risk budget.
• Work with contractors to assess contractors held risks and their views on client held risks that impact upon them.
• Produce risk reports as required, in a timely manner, to support the effective communication of threat and opportunity status.
• Conduct quantitative risk assessment (cost and schedule) to inform project contingency levels.
• Initiate a proactive approach to the review, development and improvement of risk management services for the client.
• Undertake end-to-end project risk management practices on multiple projects/programs.
• Undertake the creation of risk management plans and processes in adherence to client requirements, processes, policies, and frameworks.
• Conduct risk reviews at regular intervals, identify and analyze, determine response plans, ensure that project and program risk profiles are being monitored and reported.
• Lead and run a comprehensive schedule and cost-effective risk assessment (QCRA & QSRA) process is delivered.
• Establish integration of the risk management function within the program and project controls team, with direct touch points to cost and schedule management, change control, and reporting.
• Work proactively and collaboratively with program and project control teams to eliminate redundancies and identify improvement opportunities.
• Provide opportunities to facilitate the transfer of knowledge within the immediate risk team, to the greater project controls team, and to the client. The transfer of knowledge may include informal one-on-one discussions with client stakeholders and more formal presentations to clients and colleagues.
• Create value stream mapping to quantify pain points and develop solutions to minimize waste (both in terms of speed and cost).
• Collaborate on the supplier performance management program including the collection of performance metrics and tracking supplier improvement action plans.
• Demonstrate a level of support to expert witnesses in arbitral or ligation processes.
• Lead, manage, and carry out construction stage contract and claims management.
• Carry out assessment of contractual claims in accordance with the contract.
• Provide strategic and contractual advice on disputes and related resolution issues.
• Carry out change management and construction stage cost control.
• Supervise the measurement and valuation of completed works and variations.
• Manage the settlement of final accounts with contractors
• SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Qualifications

• Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction.
• Minimum 3 years of applicable experience
• Relevant construction project procurement and contract management experience.
• Demonstrated experience within a Program Management or Program Controls environment
• Deep knowledge and experience with risk identification, facilitation and techniques.
• Strong communication, analytical and negotiation skills.
• In-depth understanding of construction contracts, commercial models, and delivery methods.
• Proficient in process mapping, root causes analysis, problem solving, and value-stream mapping.
• Familiarity with web-based database tools – ARM, Predict, Tableau
• Highly self-motivated, analytical, and customer centric.

Additional Information

*On-site presence and requirements may change depending on our client's needs*

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life.

To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

Turner & Townsend is an equal opportunity employer.

We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

Please find out more about us at www.turnerandtownsend.com/ and https://www.heery.com/

All your information will be kept confidential according to EEO

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Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property ofTurner & Townsend and arenot subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team,to submit candidates for review.