Chief Risk Strategist

3 days ago

Bengaluru, Karnataka, India beBeeRisk Full time ₹ 1,50,00,000 - ₹ 2,50,00,000
Job Description

This role is responsible for providing risk management professional advice to project and programme managers. Key Responsibilities:

  • Lead the retrieval and analysis of background information from project and programme managers/project documentation, its environment, and lessons learnt from previous related projects.
  • Research into projects' key stakeholders prior to risk workshops to inform the capture of appropriate risks.
  • Organise and facilitate risk workshops with all relevant team members and external stakeholders to ensure effective contributions to the forming of the risk register.
  • Capture all risks to the appropriate level of detail, applying a range of techniques such as brainstorming workshops, prompt lists, Delphi techniques, and one-to-one interviews.
  • Provide independent challenge based on expert experience to ensure all relevant risks are considered, proposing new ideas based on previous experience or knowledge of similar projects.
  • Ensure all required information is captured clearly and unambiguously within the Risk Register, including owners, actions, dates, categories, assumptions, and risk mitigation actions.
  • Administration responsibility of risk management database.
  • Define the project or programme risk appetite to determine the risk tolerance level in relation to project overall cost and using your own professional judgement establish whether a risk should be assessed quantitatively/qualitatively.
  • Carry out complex project and programme Quantitative Cost Risk Analysis (QCRA) and Programme Schedule Risk Analysis (QSRA) using industry-recognised risk analysis software to ensure suitable project budget and deliverable project schedule is established.
  • Review QRA model outputs and provide recommendations to key stakeholders and the project team on the significance of the potential delays and/or cost increase.
  • Be the risk technical specialist actively contributing to relevant working/steering groups.
  • Identify and report risk trends and highlighting the top risks (Critical and High) to project delivery. Actively review and monitor those risks to reduce the overall risk profile.
  • Work to tight deadlines and timescales, resulting from significantly changeable priorities, producing quality, complex reports and analyses based on risk and issues relating to each project.
  • Prepare and lead on periodic reports to inform others, including the production and update of Risk Management written reports and provision of any associated information in a timely manner, to meet the wider project reporting and management requirements, ensuring quality outputs.
  • Close liaison with Project Managers of any outstanding risk management activities undertaken by them to ensure risk is managed effectively on their projects.
  • Actively input into the continuous improvement of the Risk Management Department.

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