Risk Management Specialist

About TMG Construction

TMG Construction is a leading construction company that provides high-quality services to its clients. We are committed to delivering projects on time, within budget, and with the highest level of quality.

Job Description:

We are seeking a highly skilled Risk Management Specialist to join our team. The successful candidate will be responsible for managing risk associated with IDIQ, lump sum, and design-build contracting. This includes drafting, reviewing, and negotiating contracts, as well as tracking and managing contract terms and conditions.

Key Responsibilities:

• Provide legal and financial due-diligence to prequalify new subcontractors
• Draft, negotiate, track, and manage business-related terms and conditions associated with subcontract Master Agreements
• Work with TMG Business Development to review draft contracts and insurance requirements prior to proposal/bid submission
• Review Owner contracts for matters involving risk, insurance coverage requirements, and operational issues that could create unmanageable and/or excessive risks that TMG needs to manage
• Work with TMG's operational staff, its leadership, and third parties to identify contractual terms and conditions that are indifferent to the interests of the varying stakeholders for the purpose of negotiating language that is acceptable to all parties
• Utilize TMG IT infrastructure to track the status of contracts and subcontract Master Agreements in a manner that copies of contracts are available real-time to extended stakeholders when needed
• Work with TMG Accounting to identify, add, and adjust insurance requirements on a project-by-project basis as needed
• Work with TMG's Leadership to define and standardize acceptable levels of risk
• Teach risk management throughout the TMG organization
• Track the small business and minority status of the subcontractors that work with TMG
• Make the information readily available to the organization utilizing TMG IT Infrastructure for the purpose of TMG being able to meet minority goals
• For each new contract that TMG undertakes, identify and provide TMG Operations and Accounting with contract flow-down, regulatory, and other contract compliance language
• Ensure compliance with all FAR regulations, Buy America Act, etc...
• Provide legal and financial due-diligence associated with TMG's subcontractor Bond Waiver process
• Draft and review Joint Venture (JV) Mentoring and Operating Agreements to include compliance with all SBA rules and regulations
• Draft and review Partnering Agreements
• Identify any regulatory reporting requirements that are associated with new contracts that TMG undertakes and work with TMG Operations and Accounting to ensure timely reporting
• Work with company advisors, such as auditors, bankers, insurance agents, bonding agents, surety company representatives, consultants, and lawyers as needed
• Attend industry-appropriate events and networking to apprise TMG leadership of market changes to risk management and compliance

Requirements:

• Bachelor's degree in Business Administration, Paralegal, or a related degree with no less than seven (7) years of experience managing risk associated with IDIQ, lump sum, and design-build contracting
• Strong communication skills with the ability to effectively interact at all levels of the organization
• Proven past experience serving as a contract administrator
• Knowledge of federal, state, and local laws related to the construction industry
• Proficiency with spreadsheets, email, and other software used in the construction industries
• Knowledge of Microsoft Office software, managing information in a database-centric networked environment
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations

Salary Range:

$80,000 - $110,000 per year

About Benefits:

TMG Construction offers a mix of voluntary and company-paid health and welfare benefits, vacation, sick, and holiday paid time off, a 401k match, and we fully support training and professional growth.

About Diversity and Inclusion:

TMG Construction provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.