Risk Manager

Parsons Corporation

What You'll Be Doing:

• Develop, implement and maintain a comprehensive Risk Management Framework for the project, aligned with contractual requirements, industry best practices (e.g., ISO 31000), and the Project Management / Construction Management (PM/CM) plan.
• Proactively identify and assess risks (threats and opportunities) across all project phases - design, procurement, construction, commissioning - including technical, financial, schedule, safety/security, compliance, contractual, and environmental risks.
• Maintain and manage the Risk Register / Risk Database, ensuring all risks and opportunities are logged, analysed, prioritized, mitigated, and tracked until closure.
• Develop and implement risk mitigation, mitigation plans, contingency plans, and mitigation strategies, in coordination with project management, contractors, safety, legal, and other stakeholders.
• Provide periodic risk reporting to senior management and project leadership: summarize risk status, emerging threats, mitigation status, contingency usage, residual risks, and risk-related recommendations.
• Facilitate risk workshops, reviews, and briefings with stakeholders (client, PMC, contractors, consultants) to raise awareness, embed risk mitigation, and ensure alignment on risk treatment.
• Leads and directs the delivery of Project Quantitative Risk Analysis (cost and time).
• Collaborate closely with other project control functions (cost control, schedule control, quality assurance, safety/health/security, legal/compliance, document control) to ensure integrated risk management and avoid siloed risk treatment.
• Monitor and ensure compliance with governance, regulatory, safety, security, environmental, and contractual obligations; assess legal and regulatory risk exposures and embed compliance in the risk framework.
• Provide training and guidance to project teams and stakeholders on risk management principles, processes, tools, and best practices.

What Required Skills You'll Bring:

• Bachelor s degree (Engineering, Construction Management, Risk Management, Business Administration, or related field) advanced degree preferred.
• Minimum 12 years of experience in risk management, project risk, or construction project risk management; prior experience on large-scale or complex construction/ infrastructure projects strongly preferred.
• Strong understanding of construction project lifecycle (design procurement construction commissioning), contract structures, and project controls.
• Demonstrated knowledge of risk management methodologies and standards (e.g., ISO 31000), and proficiency in risk analysis tools (e.g., risk registers, risk scoring, quantitative risk analysis, contingency modelling, @Risk, SAFRAN ,Primavera Risk Analysis, etc.)
• Excellent analytical, problem-solving, and decision-making skills; ability to evaluate complex risks and develop practical mitigation plans.
• Strong communication and interpersonal skills ability to engage with senior management, contractors, multidisciplinary teams, and stakeholders; communicate risk clearly across technical and non-technical audiences.
• Strong organizational, planning, and reporting capability; diligent documentation and follow-through.
• Ability to lead risk workshops, briefings, and training; promote a risk-aware culture across the project.
• Proactive, detail-oriented, and capable of working under pressure with tight deadlines.