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Project Controls Risk Analyst
4 weeks ago
Job Summary:
CB&A is seeking a dynamic and resourceful individual to develop into a dedicated Risk Analyst to join the Business Operations team working with Southern Company Services Technical Shared Services function. The Risk Analyst will be responsible for identifying, analyzing, and managing risks associated with large-scale capital projects, utilizing the @Risk tool for quantitative risk assessment. The ideal candidate will have a strong background in risk analysis, project management, and proficiency with @Risk software to aid in decision-making and ensure the successful completion of projects within scope, time, and budget constraints.
Key Responsibilities:
- Conduct detailed risk assessments on major capital projects, identifying potential risks related to cost, schedule, quality, safety, and performance.
- Utilize @Risk software to perform quantitative risk analysis, modeling, and simulations to predict probabilities and impacts, facilitating effective risk mitigation strategies.
- Collaborate with project managers and stakeholders to gather data and understand project intricacies and potential risk factors.
- Develop and maintain risk registers, ensuring all identified risks are logged, categorized, and prioritized according to their potential impact.
- Prepare and present regular risk reports and dashboards to project teams and senior management, highlighting key risk areas and mitigation plans.
- Work closely with the project team to develop and implement risk mitigation and contingency plans, ensuring they are integrated into project schedules and budgets.
- Monitor and review the effectiveness of risk management strategies and update plans as necessary in response to changes in project scope or external factors.
- Provide training and support to project team members on the use of @Risk and best practices in risk management.
- Participate in project review meetings and contribute to the continuous improvement of risk management processes and tools.
Qualifications:
- Bachelor's degree in Finance, Engineering, Business Administration, or a related field. Advanced degree or professional certification (e.g., PMI-RMP, CRMA) is a plus.
- Minimum of 3 years of experience in risk management or a related field is preferred, with specific experience in capital projects.
- Proficiency with @Risk software and a strong understanding of risk assessment methodologies and tools is preferred.
- Demonstrated ability to conduct complex data analysis and develop risk models.
- Excellent communication, presentation, and interpersonal skills to effectively interact with project teams and stakeholders at all levels.
- Strong organizational skills with the ability to manage multiple tasks and projects in a dynamic environment.
- Knowledge of project management principles and experience in a project-driven industry.
Physical Requirements:
This job operates in both a professional office environment and at project sites, requiring occasional travel and on-site assessments.
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