What are the responsibilities and job description for the Risk Associate (Commercial/Technical) position at Jacobs?
Jacobs is seeking candidates for a Risk Associate (Commercial/Technical) to implement risk management methodology and risk management tools, providing supporting guidance to stakeholders to ensure requirements are understood, applied and used consistently.
* Manage program/project risk for specific clients following Cost and Schedule Risk Analysis (CSRA) guidelines.
* Define risk management framework (policy, strategy, plan), establish risk management process, and organize risk management resources with leadership support.
* Conduct Risk Assessment Workshops and Training with the project teams and program departments, identify and define risks, evaluate potential impact, and develop effective risk mitigation measures to diminish potential budget and schedule impacts to projects or the program.
* Manage the assessment, evaluation, prioritization, and update of risks for all Programs or Projects classified as A (high risk) or B (medium risk). Monitor and measure the associated mitigation actions to prevent risk occurrence.
* Participate in regular risk reviews to identify, capture, and sanction risks, able to apply Monte Carlo analysis to inform and recommend appropriate mitigation actions and ensure progress to recovery plans.
* Direct and review the cost of mitigation action, budget and actual (both in the risk register and work breakdown structure) and evaluate risks to ensure the Program or Project contingency reserve value is accurate and rigorous cost controls are applied. Perform cost / benefit analysis against contingency reserve actions.
* Prepare weekly, monthly, semi-annual, and annual reports for risk data, and conduct multiple Risk Assessment Briefings for client and program management.
* BS degree in Construction Management, Engineering, Architecture, or related field
* At least 5 years of industry experience, or similar role, or 4 years of related experience in lieu of BS degree
* Knowledge of risk methodology and tools, knowledge of key functional disciplines including Engineering, Operations and Procurement
* Effective & persuasive in building a network of contacts, creating strong relationships with performing functional areas and clients
Ideally You'll Also Have:
* Excellent analytical, organizational, interpersonal, verbal, and written skills
* Manage program/project risk for specific clients following Cost and Schedule Risk Analysis (CSRA) guidelines.
* Define risk management framework (policy, strategy, plan), establish risk management process, and organize risk management resources with leadership support.
* Conduct Risk Assessment Workshops and Training with the project teams and program departments, identify and define risks, evaluate potential impact, and develop effective risk mitigation measures to diminish potential budget and schedule impacts to projects or the program.
* Manage the assessment, evaluation, prioritization, and update of risks for all Programs or Projects classified as A (high risk) or B (medium risk). Monitor and measure the associated mitigation actions to prevent risk occurrence.
* Participate in regular risk reviews to identify, capture, and sanction risks, able to apply Monte Carlo analysis to inform and recommend appropriate mitigation actions and ensure progress to recovery plans.
* Direct and review the cost of mitigation action, budget and actual (both in the risk register and work breakdown structure) and evaluate risks to ensure the Program or Project contingency reserve value is accurate and rigorous cost controls are applied. Perform cost / benefit analysis against contingency reserve actions.
* Prepare weekly, monthly, semi-annual, and annual reports for risk data, and conduct multiple Risk Assessment Briefings for client and program management.
* BS degree in Construction Management, Engineering, Architecture, or related field
* At least 5 years of industry experience, or similar role, or 4 years of related experience in lieu of BS degree
* Knowledge of risk methodology and tools, knowledge of key functional disciplines including Engineering, Operations and Procurement
* Effective & persuasive in building a network of contacts, creating strong relationships with performing functional areas and clients
Ideally You'll Also Have:
* Excellent analytical, organizational, interpersonal, verbal, and written skills
