Risk Specialist - ( 240000Z8 )
Description Many of the world's top engineers and scientists come together in our Water business because they view a community's interaction with water a bit differently-as a single holistic system, rather than unconnected networks divided by jurisdictional boundaries. Working throughout the hydrologic cycle, we are delivering sustainable solutions to make sure water is where it should be and available when needed. Our experts guide our work with scientific rigor, an innovative spirit, and a vision for growth. Every day, we help communities improve, reuse, and protect this precious resource for future generations. By 2025 we're hiring 2,000 people (like you) to join our team. Grow with us, H2O+U.
Your Opportunity Stantec have been partnering with our clients for more than 60 years to improve the quality of life around the world. We operate with the strength of a $4.8B company paired with the agility of an established Water practice to deliver some of the most iconic and cutting-edge projects around the world. This proud legacy has fostered a culture of innovation and safety, leading our team to design the world's most impactful water projects-projects vital to both local and global communities.
Our Burnaby Water Team is growing, and we want you to join our Water Team to work alongside others who share your passion to support communities through exciting and unique water, wastewater, general civil infrastructure and renewal projects as well as water resources and natural system projects.
You will participate with a team of professionals in the management of construction of large-scale Water and Wastewater Treatment Plant projects. The projects will be in various phases from conceptual planning, through design, construction, and occupancy. Your role as a contributor on our professional consulting services team is to work independently on large projects of high complexity.
Come join our Water team and work alongside others who share your passion to support communities.
Your Key Responsibilities - Ensure that an appropriate risk management framework is in place and authorizes the risk management policy.
- Direct strategy and review strategic risks.
- Monitor key risk indicators for any trends or signals that risks are increasing.
- Oversee the management of key risks and implementation of risk treatment plans.
- Monitor the effectiveness of the risk management framework.
- Work with Expert Advisors, Senior Management and the Design Engineer's Risk team to Identify Actionable Mitigation Strategies for Top Risks from current program risk register.
- Maintain and update the current program risk register if needed/if there are significant changes to project conditions by working with the Design Engineer, Contractor, and Owner.
- Assign Risk Owners for the top risks on the project and gather quarterly status
- updates/commentary on how the risks are currently trending (is the probability still the same etc.)
- Responsible for overseeing and managing the risks on the project and making sure mitigation strategies are being implemented by the Design Engineer and Contractor. Escalate any potential issues to senior management in case of adverse impact to either project cost, schedule.
- Work with Expert Advisors and the Design Engineer's Risk team to re-run current risk models/re-quantify risk reserve value if there are any significant changes to the risk register and provide updated risk reserve number to senior management.
- Conduct peer reviews of the Design Engineer's risk model, confirm the validity and accuracy of risk reserve estimates when presented.
Qualifications Your Capabilities and Credentials - Familiarity with Monte Carlo simulation and any experience with applicable software, such as P6 Risk Analyzer, is an asset.
- Understanding of design and construction contracts and the relationship between risk management and controls/management functions including project management, change control, planning & scheduling, cost & commercial management, and reporting.
- Evidence of previous experience in definition and delivery of risk management plans within projects.
- Strong communication, interpersonal and facilitation skills.
- Collaborative working style and behaviors
Education and Experience - Qualification to Degree level in a relevant cost or construction related subject will be beneficial.
- University Degree in Construction Management, Civil Engineering, Business, or related discipline
- M.A.Sc. or M.B.A. degree in Civil Engineering, Economics, Statistics, or related field is a strong asset.
- Certification in risk management (e.g. PMI-RMP).
- More than seven (7) years of relevant experience in quantitative/qualitative cost/schedule risk assessment on large Programs and Projects.
- Extensive experience with Quantitative Risk Analysis (QRA) is mandatory.
- Experience using Enterprise Risk Management tools, for example, Active Sr. Risk Analyst (ARM), Predict! and Oracle PPM (P6R) is an asset.
- Experience in the delivery of risk throughout the program/project lifecycle including support of financial/funding decisions and delivery/implementation of stage gates at Program level.
- Experience with large construction or infrastructure projects
Typical office environment working with computers and remaining sedentary for long periods of time. Field work may include exposure to the elements including inclement weather.
This description is not a comprehensive listing of activities, duties or responsibilities that may be required of the employee and other duties, responsibilities and activities may be assigned or may be changed at any time with or without notice.
Stantec is a place where the best and brightest come to build on each other's talents, do exciting work, and make an impact on the world around us. Join us and redefine your personal best. The experience will forever shape your future.
Pay transparency laws require employers to provide the following information for positions that may be in the following jurisdiction(s):
Salary Range(s): - Lower Mainland $81,200 - Lower Mainland $117,800 Min/Max Pay Range for postings located in BC (Lower Mainland includes Vancouver & Burnaby)
The final agreed upon compensation is based on individual education, qualifications, experience, and work location. At Stantec certain roles are bonus eligible.
Benefits Summary: Regular full-time and part-time employees will have access to health, dental, and vision plans, a well-being program, health care spending account, wellness spending accounts, group registered retirement savings plan, employee stock purchase program, group tax-free savings account, life and accidental death & dismemberment (AD&D) insurance, short-term/long-term disability plans, emergency travel benefits, tuition reimbursement, professional membership fee coverage, and paid time off.
Temporary/casual employees will have access to group registered retirement savings plan, employee stock purchase program, and group tax-free savings account.
The benefits information listed above may not apply to union positions because benefits for such positions are governed by applicable collective bargaining agreements.
Primary Location : Canada-British Columbia-Burnaby
Organization : BC-1117 Water-CA British Columbia
Employee Status : Regular
Job Level : Individual Contributor
Travel : No
Schedule : Full-time
Job Posting : Jul 1, 2024, 10:47:59 AM
Req ID: 240000Z8
Stantec provides equal employment opportunities to all qualified employees and applicants for future and current employment and prohibit discrimination on the grounds of race, color, religion, sex, national origin, age, marital status, genetic information, disability, protected veteran status, sexual orientation, gender identity or gender expression. We prohibit discrimination in decisions concerning recruitment, hiring, referral, promotion, compensation, fringe benefits, job training, terminations or any other condition of employment. Stantec is in compliance with local, state and federal laws and regulations and ensures equitable opportunities in all aspects of employment. EEO including Disability/Protected Veterans