Risk Analyst

Turner & Townsend are seeking a Risk Analyst to identify, assess, and manage risks associated with construction projects. This position involves working closely with project teams, contractors, clients, and stakeholders to ensure that potential risks are mitigated and managed effectively throughout the lifecycle of construction projects.  Responsibilities: Conduct comprehensive risk assessments across various stages of construction projects, including planning, design, execution, and completion. Identify potential risks (financial, operational, environmental, legal, safety-related, etc.) that may impact the delivery of construction projects. Use risk management tools and techniques to assess the likelihood and impact of identified risks. Develop and recommend strategies for mitigating identified risks, including insurance, contingency planning, contract management, and other proactive measures. Collaborate with project managers, engineers, and contractors to implement risk management plans and ensure that mitigation actions are followed. Continuously monitor the risk landscape throughout the project lifecycle to track new risks and changes in existing risks. Prepare and present regular risk reports to senior management, highlighting potential issues, risk exposure, and the effectiveness of mitigation actions. Assist in updating the project risk register to reflect evolving risk profiles. Use quantitative and qualitative risk analysis techniques (such as Monte Carlo simulations, decision trees, and sensitivity analysis) to model potential risk scenarios and their impact on project objectives. Perform cost-benefit analysis of risk management strategies to determine the most cost-effective solutions. Communicate risk-related issues clearly to stakeholders, including clients, contractors, and project teams. Facilitate discussions on risk tolerance and ensure alignment with the project’s risk management framework. Compliance and Standards: Ensure that risk management processes and activities align with relevant industry standards, regulations, and best practices. Assist in ensuring compliance with health and safety regulations and environmental guidelines during project execution. Participate in training sessions to enhance risk management knowledge and improve project risk handling capabilities across the organization.