Frequently, we are on the lookout for the industry-leading talent that our clients are seeking. One role that comes through our doors regularly is that of a Project Risk Analyst. Employees in this role are responsible for assisting with the overall management of comprehensive corporate risk management or insurance programs with a concentration on risk identification, risk transfer, and risk retention techniques. Risk analysts coordinate closely with operations and project management, safety, human resources, legal and estimating while implementing risk management policies and procedures to protect project execution. If this sounds like a job that you would be interested in pursuing, here is some additional information that can help you better understand the role.
Essential Duties and Responsibilities
Project Risk Analysts are expected to lead and provide technical support to the management of project risk through the facilitation of regular risk reviews at the contract and project level. They provide cost and schedule risk modeling, prepare detailed project risk reports as required for the reporting cycle, and are responsible for taking an active role in the continuous improvement of the risk management function. They demonstrate technical risk management acumen – including the building and running of detailed quantitative cost and schedule risk models and the interpretation of analysis results. They ensure that all program team members comply with the risk management plan, procedures, requirements of an assigned scope of work.
Risk analysts review plans and lead activities related to mitigation, planning, control, review and reporting as well as identify project risks, input data for assigned scope and assist in continuous improvement risk management process. Employers count on these individuals to work closely with program delivery teams and program control teams and to perform day-to-day management of the Active Risk Manager (ARM) systems.
Educational and Technical Requirements
Project risk analysts should have a minimum of 5+ years of related experience. They should also hold a bachelor of Engineering, with a note that Analytical or Finance Degrees are considered acceptable as is any other equivalent qualification. Those candidates who hold Project Management Professional (PMP) certification and Risk Management qualification are especially in demand. Overall, employers are looking for candidates with excellent people skills and a proven ability to communicate effectively with a variety of internal and external stakeholders. Candidates should have excellent MS Office skills, including Excel, Word, and PowerPoint, as well as experience in using industry standard software packages and applications such as Active Risk Manager (ARM), Primavera Risk Analysis (PRA), Sword Active Risk, etc.
Williams is proud to be an equal opportunity employer; we greatly value and respect the diversity of our candidates. As is the case with all job opportunities with Williams, we thank all our candidates for their interest. However, given the high number of interested candidates, often we are only able to contact those candidates we have selected to move forward in the application process. In order to ensure you are given full consideration for this position, or any other, please ensure your candidate application is filled out, accurate and up to date.
For more information about Risk Analyst opportunities as well as other open roles, connect with our recruiting team today.
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