Risk Management Specialist

McDermott International, Ltd; Houston (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

McDermott International, Ltd. is seeking candidates for an upcoming Risk Management Specialist role in Houston, TX. This position focuses on applying risk and opportunity management principles to support project risk activities across tendering, handover, and execution phases.

The role emphasizes collaboration with project teams, data-driven decision support, and maintaining risk registers while continually improving risk management processes for energy projects.

Qualifications

• Bachelor's Degree in Engineering, Construction, Business, Project Management, or related discipline or equivalent.
• 3-6 years supporting project risk management, controls, engineering, construction or EPC activities.
• Solid understanding of risk and opportunity management principles and best practices.
• Experience in energy/oil & gas, chemicals, or EPC preferred.
• Strong analytical and data management skills; proficient in digital tools, databases, Office, and Power BI.
• Exposure to quantitative risk analysis techniques and methodologies preferred.
• Experience with project risk management systems or related software preferred.
• Ability to analyze data, identify trends, and provide insights for decisions.
• Strong organizational skills with attention to detail and multi-priority management.
• Collaborative across project disciplines and proactive with stakeholders.
• Strong written and verbal communication skills.
• Self-motivated, organized, detail-oriented, and able to work across time zones.
• Affiliate or Associate membership in a relevant professional institution preferred.

Responsibilities

• Carry out PROM activities for projects during tendering, handover and execution.
• Engage with project discipline teams to facilitate risk management and stakeholder participation.
• Participate in risk review meetings with teams, partners, and clients as required.
• Perform quantitative risk analysis and support contingency management.
• Maintain risk and opportunity registers with current risks, actions, and owners.
• Assist in identification, assessment, analysis, and monitoring of risks and opportunities.
• Prepare and deliver updates for risk reports, dashboards and reporting requirements.
• Collect, organize, validate, and maintain risk data and project information.
• Support development and improvement of McDermott's risk tools and processes.
• Collaborate with project teams to promote effective risk practices and continuous improvement.

Skills

Risk management principles

Data analysis

Power BI

Stakeholder engagement

Project coordination

Education

Bachelor's degree in Engineering/PM

Tools

Microsoft Office Suite

Power BI

Risk management systems

Job description

Job Description

We are currently exploring potential candidates for an upcoming role at McDermott. While this position is not yet open for active recruitment, we want to connect with talented individuals who may be interested in future projects with us. If you are passionate about building energy's future and want to be considered when this role becomes available, we encourage you to submit your details.

Job Description

We are currently exploring potential candidates for an upcoming role at McDermott. While this position is not yet open for active recruitment, we want to connect with talented individuals who may be interested in future projects with us. If you are passionate about building energy's future and want to be considered when this role becomes available, we encourage you to submit your details.

Job Overview

The Risk Management Specialist applies their knowledge of risk and opportunity management principles and, with a moderate level of guidance from colleagues and leadership, supports a range of project risk management activities. They are responsible for analyzing practical solutions using established processes and procedures while developing knowledge of the Company, its processes, and customers. The Risk Management Specialist understands key business drivers and applies technical judgment, experience, and established methodologies to support effective project risk and opportunity management.

Responsibilities

Key Tasks and Responsibilities

• Carry out Project Risk & Opportunity Management (PROM) activities for projects during the tendering, handover, and execution phases.
• Engage with project discipline teams to facilitate the risk management process and ensure effective stakeholder participation.
• Participate in project risk review meetings with project teams, JV/consortium partners, and clients as required.
• Perform quantitative risk analysis and support project contingency management activities.
• Maintain project risk and opportunity registers, ensuring risks, opportunities, mitigation actions, ownership, and status updates remain current throughout the project lifecycle.
• Assist in the identification, assessment, analysis, and monitoring of project risks and opportunities.
• Prepare and deliver updates for project risk reports, dashboards, and business line risk and opportunity reporting requirements.
• Collect, organize, validate, and maintain project risk management data and associated project information.
• Support the maintenance, administration, and continuous development of McDermott's project risk and opportunity management tools and processes.
• Collaborate with project teams to promote effective risk management practices and continuous improvement initiatives.

Qualifications

Essential Qualifications and Education

• Bachelor's Degree in Engineering, Construction, Business, Project Management, or a related discipline, or an equivalent combination of technical training and experience.
• 3-6 years of experience supporting project risk management, project controls, engineering, construction, or EPC project execution activities.
• Strong understanding of project risk and opportunity management principles, processes, and best practices.
• Previous exposure to the energy, oil & gas, chemicals, or EPC industry is preferred.
• Excellent analytical and data management skills with proficiency in digital tools, databases, Microsoft Office applications, and Power BI.
• Previous exposure to quantitative risk analysis techniques and methodologies is preferred.
• Experience working with project risk management systems, databases, or related software tools is preferred.
• Ability to analyze data, identify trends, correlations, and provide meaningful project insights to support decision-making.
• Strong organizational skills with the ability to manage multiple priorities while maintaining attention to detail.
• Ability to collaborate effectively across project disciplines and proactively engage with stakeholders.
• Strong written and verbal communication skills.
• Self-motivated, organized, detail-oriented, and capable of working across multiple time zones and project environments.
• Affiliate or Associate membership in a relevant professional institution is preferred.