Senior Risk Manager
Flexton
Senior Risk Manager
Flexton is a growing IT services and staffing company serving some of the world's most renowned and Fortune-listed companies across industries such as eCommerce, HighTech, Banking & Financial Services, Insurance, and Healthcare. With a global presence spanning the US, Canada, Europe, Colombia, Mexico, and India, Flexton offers its clients cost-effective solutions through onsite, offshore, and nearshore models. Flexton provides its employees with opportunities for growth, meaningful work, and continuous learning!
Lead and administer the integrated project risk-management program.
Establish and maintain risk-management processes, procedures, and governance frameworks.
Ensure consistent application of risk-management practices across project functions and work packages.
Integrate risk management with project controls, cost management, schedule management, change management, and project execution.
Establish risk-management roles, responsibilities, escalation paths, and accountability.
Facilitate risk reviews, risk workshops, and management discussions.
Identify, assess, quantify, monitor, and communicate project risks and opportunities.
Develop and maintain the project risk register.
Ensure risks are documented with causes, consequences, likelihood, impacts, ownership, and response strategies.
Identify risk interdependencies and relationships between risks.
Assign and monitor risk ownership and accountability.
Perform and/or oversee quantitative cost and schedule risk analyses.
Develop risk-based cost and schedule models using appropriate quantitative methodologies.
Evaluate the potential impact of risks on project cost and schedule objectives.
Conduct probabilistic analysis, scenario modeling, sensitivity analysis, and risk-driver analysis as required.
Support development of confidence levels, contingency estimates, and management reserve recommendations.
Work with risk owners to develop practical and measurable risk mitigation strategies.
Establish mitigation actions, responsible parties, target dates, and expected outcomes.
Monitor the implementation and effectiveness of mitigation activities.
Track overdue, ineffective, or deteriorating mitigation actions and escalate significant risks.
Evaluate residual risk following implementation of mitigation measures.
Integrate risk management with project planning, scheduling, engineering, procurement, construction, installation, testing, and commissioning activities.
Monitor emerging conditions that could create new risks or opportunities.
Conduct forward-looking assessments of project risk exposure.
Identify trends and leading indicators that may affect project objectives.
Assess the impact of major project changes on the existing risk profile.
Support change-control and management decision processes through risk analysis.
Evaluate cumulative and interconnected risks across project functions.
Provide early warning of emerging issues and potential project impacts.
Prepare periodic risk reports, dashboards, and executive-level risk summaries.
Present significant risks, opportunities, trends, and mitigation status to project leadership.
Prepare risk information for formal project reviews and management assessments.
Communicate significant changes in risk exposure to appropriate stakeholders.
Develop clear visualizations of risk trends, exposure, mitigation status, and risk drivers.
Facilitate risk workshops and cross-functional risk reviews.
Provide guidance and training to project personnel on risk identification, assessment, response planning, and monitoring.
Promote consistent application of risk-management methodologies across project teams.
Identify opportunities to improve risk-management processes, tools, and reporting.
Capture and apply lessons learned from risk events and mitigation activities.
Recommend process improvements based on project experience, industry practices, and emerging risk-management methodologies.
Provide objective, data-driven, and decision-ready risk information to senior leadership.
Required Qualifications
- Bachelor's degree in Engineering, Project Management, Risk Management, Business, Finance, or a related discipline.
- Minimum of ten (10) years of experience in project risk management, program management, project controls, or related disciplines.
- Demonstrated experience leading risk-management programs for large-scale, complex, multidisciplinary projects.
- Strong knowledge of qualitative and quantitative risk-management methodologies.
- Experience performing cost and schedule risk analysis.
- Experience developing, maintaining, and managing project risk registers.
- Demonstrated ability to identify, assess, quantify, monitor, and mitigate project risks.
- Experience developing risk mitigation strategies and tracking corrective actions.
- Strong understanding of project cost, schedule, engineering, procurement, and execution processes.
- Experience collaborating with project managers, engineering teams, project controls teams, and functional stakeholders.
- Ability to analyze complex data, identify risk trends, and communicate impacts to senior leadership.
- Strong analytical, problem-solving, organizational, and communication skills.
- Experience with risk-management tools, project controls systems, scheduling tools, or data-analysis software.
- Ability to facilitate risk workshops, stakeholder meetings, and executive-level risk reviews.
Preferred Qualifications
- Advanced degree or professional certification in Risk Management, Project Management, Engineering, Finance, or a related field.
- Professional certifications such as Project Management Professional (PMP), Risk Management Professional (PMI-RMP), or equivalent.
- Experience supporting large-scale engineering, infrastructure, technology, research, or industrial projects.
- Experience with quantitative risk analysis tools and Monte Carlo simulation methodologies.
- Experience integrating risk management with cost, schedule, and earned-value management processes.
- Experience supporting major capital projects or complex technical programs.
- Experience developing executive dashboards, risk reports, and decision-support materials.
- Familiarity with industry-standard project risk-management frameworks and best practices.
- Experience with enterprise risk-management, project controls, scheduling, or cost-management platforms.
- Experience leading cross-functional risk workshops and senior management risk reviews.
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