Risk Management Specialist

5 days ago


Mumbai, Maharashtra, India Larsen & Toubro Full time

Risk Management Key Responsibilities:

As a Risk Management Specialist at Larsen & Toubro, you will:

Develop a Comprehensive Risk Register:

  • Identify and capture all project-related risks.

Conduct Risk Assessments:

  • Evaluate the impact and likelihood of identified risks.

Quantify Risks:

  • Create risk models/scenarios to support decision-making.

Risk Mitigation Strategies:

  • Develop risk mitigation plans and strategies in collaboration with project teams.
  • Monitor the implementation of risk mitigation measures and adjust strategies as necessary.

Reporting and Communication:

  • Prepare regular risk reports for senior management, highlighting key risk factors and mitigation progress.
  • Provide timely updates on risk status to project stakeholders.

Contractual Risk Management:

  • Review and analyse contracts to identify potential contractual risks and recommend modifications as needed.

Compliance and Awareness:

  • Ensure compliance with contractual risk management requirements.
  • Foster a culture of risk awareness and responsibility within the organization.

Lessons Learned:

  • Document and analyze lessons learned from completed projects to improve risk management processes for future projects.


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