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Risk Manager

ALSTOM
$113,565 - $143,799 a year
Toronto, Ontario
1 day ago

Req ID:495037


At Alstom, we understand transport networks and what moves people. From high-speed trains, metros, monorails, and trams, to turnkey systems, services, infrastructure, signalling and digital mobility, we offer our diverse customers the broadest portfolio in the industry. Every day, more than 80 000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars.

Objective
Be the RSO (Risk, Saving & Opportunity) process owner within the project from the bid phase to project termination
Working in close collaboration with the Project Manager (PM), owner of risk management in the project team, advising on risk management of the project (tender, contract, or program execution)
Comply with the risk management plan, procedures, and requirements of the assigned scope of work
Experience in facilitating input collection workshops to develop and run an integrated Quantitative Risk Analysis (QRA) model, and presenting the results, to inform target price
Responsible to develop and maintain the risk register using best practices such as but not limited to:,
  • Defining risks including risk description, cause, effect, mitigation and other fields
  • Manage efficiently risk deliverable including risk reporting
  • Facilitate the synchronization and communication of internal stakeholders
  • Report pro-actively the risk KPIs to various stakeholders (customer, core team, corporate)

Responsibilities:
RSO (Risk, Saving & Opportunity) Training:
Ensure that Project members are trained at an appropriate level in the discipline of Risk Management by running seminars and training courses.

RSO (Risk, Saving & Opportunity) Identification and Assessment:
Act as a support to Project Team for the identification and the assessment of risks, opportunity and the implementation and follow-up of mitigation actions.
Act as leader on risk, saving and opportunity identification ‘brainstorming’ sessions.
Propose risk owners within the Project for approval by the Project Manager.
Evaluate each identified risk and opportunity in collaboration with the risk owners.
Follow up with risk owners to ensure the mitigation actions are on track, including escalation where required
Review contractor risks impacting project cost and schedule and reflect them in the risk register

RSO (Risk, Saving & Opportunity) Mitigation and Monitoring:
Act as a support to risk owners for the definition, the implementation and the follow-up of mitigation actions.
Ensure that the approved risk mitigation actions are integrated into the main Project schedule and budget, by linking with the project schedule and cost control team.
Monitor progress on risks and risk mitigation actions.

RSO (Risk, Saving & Opportunity) Quantification:
Liaise with Project Manager, Core Team, and risk owners to develop scoring rationale for the risks and opportunities
Work closely with scheduling to prepare a high-level schedule (or assess detailed schedules) to be used for quantitative schedule risk analysis and define the link between risks, duration uncertainties, and schedule activities
Liaise with Bid/Cost manager for pricing risks
Perform integrated quantitative cost and schedule risk analysis using Risk Management software (e.g. ARM, SAFRAN etc.)

RSO (Risk, Saving & Opportunity) Reporting:
Create and maintain consolidated Risk and Opportunity Register.
Deliver clear, actionable risk reporting and dashboards to senior leadership and stakeholders that includes interpretation of QCRA/QSRA results (e.g. Distribution S Curve Graph, Sensitivity Analysis, Tornado Chart and Deep Dive Schedule Logic)
Supporting project team on all other project deliverables including but not limited to internal presentations for TLW, QCDP, TRM, TTM and external deliverables including defending risk report and analysis

Performance measurements:
Evaluate risk and opportunity registers at the project and program level, ensuring quality standards are met
Clear mitigation plans with Person in Charge identified
Traceability of the information and decisions for Monthly Project Review, Sector Project Review
Deeper investigation with the Core Team in case of main risk occurring on a project
Develop and maintain risk KPI and any other risk performance metrics for the project
Incorporating risk and opportunity contingency in ODY.C and periodically reviewing it during execution to keep proper check on contingencies spent.

Educational Requirements
BA's degree in Engineering
AACE Certified (DRMP)/PMI-RMP is an asset
IPMA-D, PMP certification is an asset

Experience & Competencies
5-7 years of experience in Risk management
Experienced with utilizing the Monte Carlo Risk assessment tool.
QCRA and QSRA experience for a multi-million dollar Railway/infrastructure project
Comprehensive understanding of risk management principles, methodologies, and tools
Strong analytical skills for comprehensive risk and opportunity assessments
Project management background
Good knowledge of railway products and systems
Is used to work with internal processes (Tenders, Projects, Engineering, Industrial, Sourcing, Supply Chain, Quality, and their interfaces)
Excellent stakeholder management and collaboration skills

You don’t need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family, you’ll be proud. If you’re up for the challenge, we’d love to hear from you!


Important to note

As a global business, we’re an equal-opportunity employer that celebrates diversity across the 63 countries we operate in. We’re committed to creating an inclusive workplace for everyone.



Job Segment: Risk Management, Supply Chain Manager, Project Manager, Supply Chain, Supply, Finance, Operations, Technology

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