Our client is looking for a Risk and Commercial Manager to work on the RTS Project in Johor Bahru where they are managing all systems work.
The Risk and Commercial Manager is responsible for overseeing the risk management and commercial activities within the project on behalf of Jacobs team. This role involves identifying, assessing, and mitigating risks to the project, working with the WPCs, as well as managing commercial aspects of delivery. The ideal candidate will have a strong background in risk management, commercial operations, and strategic planning.
Key Responsibilities
Risk Management
- Risk Identification and Assessment: Identify potential risks that could impact the organization, including financial, operational, strategic, and compliance risks. Conduct thorough risk assessments to evaluate the likelihood and impact of these risks.
- Risk Mitigation Strategies: Develop and implement risk mitigation strategies to minimize the impact of identified risks. This includes creating contingency plans and recommending risk transfer mechanisms such as insurance.
- Risk Monitoring and Reporting: Continuously monitor risk exposure and report on risk status to senior management. Ensure that risk management processes are integrated into the organization's strategic planning and decision-making.
- Reporting: Provide monthly reports on top risks and their mitigation / progress.
Commercial Management
- Variations and scope changes: Working alongside the engineering team and project director review and advise on commercial aspects of project changes. Support the project director in all commercial negotiations.
- Financial Analysis and Reporting: Conduct financial analysis to support commercial decision-making. Prepare and present reports on commercial performance, including revenue, costs, and profitability.
- Strategic Planning: Collaborate with senior management to develop and implement commercial strategies that support the organization's growth and profitability. Identify new business opportunities and market trends.
Leadership and Collaboration
- Team Leadership: Lead and mentor a team of risk and commercial professionals. Provide guidance and support to ensure the team achieves its objectives.
- Cross-Functional Collaboration: Work closely with other departments, including finance, operations, legal, and compliance, to ensure a cohesive approach to risk and commercial management.
- Stakeholder Engagement: Engage with internal and external stakeholders to communicate risk and commercial strategies. Build strong relationships to support the organization's objectives.
Working Conditions
Location: Johor
Travel: Occasional travel may be required.
Work Hours: Full-time position with standard business hours. Some flexibility may be required based on project needs.