Risk Manager

The Commercial Risk Manager is responsible for the risk management process of a major multi-contract offshore wind project from procurement phase through construction to commercial operation. The Commercial Risk Manager participates in the development of risk management processes and is in charge of implementing those processes within the project.
The Commercial Risk Manager works closely together with Commercial Manager, Project
Managers, Project Planners, Quantity Surveyors and Project Engineers.

Principal Accountabilities
The Commercial Risk Manager is responsible for the following key activities:-

• Facilitating the risk management process of a major multi-contract offshore wind
project from procurement phase through construction to commercial operation. This
includes facilitation of risk workshops on package and project level as well as
commercial risk analysis, valuation and modelling
• Management and administration of project risk register. Ensuring that all risk response plans are executed
• Managing and facilitating risk and scenario modelling to determine project confidence
• data as required
• Collating, integrating, evaluating and reporting project risks (commercial, technical,
• political, financial, HSE, etc).
• Working together with centrally coordinated risk management functions to ensure that
• project complies with risk management directives and that lessons learnt and best
• practices are shared across projects
• Enhancement and execution of the ‘Project Risk Management Plan’

Knowledge & Skills

Essential

• Risk management/ controlling experience ideally within major project environment
• Ability to develop and implement risk management strategies within large construction project environment with multiple stakeholders, thereby promoting a risk management culture
• Good understanding of risk valuation, project insurances and risk transfer
• Excellent analytical skills and highly proficient with MS Excel
• Excellent communication capabilities with the ability to communicate effectively both verbally and in writing in English
• Highly motivated with the ability to work independently
• Degree qualified in risk management or an economic, business or engineering discipline

Desirable

• Good understanding of project insurances and risk transfer
• Proficient with a project planning tool such as Primavera or MS Project
• Extended financial modelling skills
• Claims management experience and proficiency in legal text analysis/ interpretation

• Cost management / quantity surveyor experience or qualifications
• Proficient with a specialist risk management software, such as Active Risk Manager, @Risk or Pertmaster, to undertake quantitative risk modelling and Monte Carlo simulations