Job Description
TI Corp is a Crown Corporation that has a mandate to deliver $13.3 Billion in major infrastructure on behalf of the BC Ministry of Transportation and Infrastructure. TI Corp offers a very attractive Total Compensation Package Vacation starts at 5 weeks and you earn 1 day per year to a maximum of 6 weeks; however, if you join us from the BC Public Service your starting point will be commensurate with your earned years of service. Learning and Development – TI Corp is dedicated to professionally growing staff and building internal capacity, through mentorship, active succession planning, learning and development financial assistance, and membership dues. We offer the same extended health benefits that are offered to included BC Public Servants plus a $1000 Health Spending Account annually. We are part of the BC Public Sector Pension Plan – if you join us from other Public Service or Public Sector organizations who are part of this pension plan, your pension will continue seamlessly. Overview The Risk Manager is responsible for overseeing risk management for TI Corp both corporately and for major infrastructure projects being delivered. This role will be responsible for ensuring compliance and consistency in risk management practices across the assigned projects. Key Accountabilities Manage and execute the project risk process for major infrastructure projects in collaboration with finance, project controls, commercial & contracts team, estimating, scheduling and key project stakeholders. Prepare comprehensive risk reporting tailored to the relevant audience including Board members, Audit and Risk Management Committee members, Due Diligence Committees and leadership teams. Provide risk advisory services to the project teams during different phases of the project cycle including: Managing risk identification, assessment, quantification; Analyzing risk related to project execution, budgeting, scheduling, and resource allocation; Quantifying risk to provide a health check on contingency reserve balance; providing recommendations for adjusting contingency reserve levels; Assist risk owners in developing and implementing mitigation strategies; Follow up on and report on mitigation action implementation status in collaboration with the risk owners; Advising on risk management best practices and strategies; and value the risk impacts and assess the reasonability of the input data for risk quantification and valuation. Manage materialized risks or issues and monitor and report the resolution progress. Provide support in developing, maintaining and continuously improving the organization's overall risk management process and strategy. Provide support in implementing new initiatives aimed at enhancing the risk management process. Collaborate with the Risk Director to manage the Corporate Risk Register including assisting in risk identification, assessment, mitigation and monitoring activities to ensure alignment with Corporate strategic goals and regulatory requirements. Support in developing risk awareness among staff by providing or recommending training within the organization. Develop and implement standardized templates for risk management and reporting. Remain current about relevant legislative changes and ensure they are implemented and communicated. Qualifications Bachelor's Degree in Business, Commerce, Accounting, Finance, Economics, Statistics, or another related field, or a combination of related education and experience. Demonstrated knowledge in the development of risk strategy and risk planning on large infrastructure projects or programs. Knowledge of and demonstrated experience with risk management practices. Detailed knowledge and ability to implement best practices for quantitative risk analysis for cost and schedule. Knowledge of engineering and construction terms, procurement, regulation and commercial contracting practices is an asset. Knowledge of statistics and experiences with risk quantitative analysis is preferred. Exceptional interpersonal skills, including strong communication abilities and a proven aptitude for building meaningful and professional relationships with stakeholders. Holding people accountable from a place of influence rather than direct authority. Proficiency in the use of risk management tools such as Risk is an asset. Notes: You must be eligible to permanently work in Canada Collection Notice: Your personal information is collected from LinkedIn by Transportation Investment Corporation (TI Corp) pursuant to 26(c), 26(e), and 27(1)(a)(i) of the Freedom of Information and Protection of Privacy Act for the purpose of TI Corp recruitment. This includes information you provide through LinkedIn, as well as information about you that is generated by LinkedIn, such as your connections to other TI Corp employees on LinkedIn, how well the skills you have identified on LinkedIn match our job requirements, and what other TI Corp jobs you have applied for on LinkedIn By proceeding, you are authorizing TI Corp to indirectly collect this information. Please note, you can also apply to TI Corp jobs by visiting [include link here]. If you have any questions about the collection of your personal information, please contact the Privacy Officer at privacyticorp.ca