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  • Job reference: RMS0111588

Risk Engineer

  • Sector: Engineering
  • Location: Houston
  • Job type: Contract
  • Date posted: 05/06/2012
This vacancy has now expired.
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The Company:
Our majour Oil & Gas Client is in need of a Risk Engineer in Houston, Texas.

The Role:
To support various Downstream and mid-stream onshore projects. Major Downstream project risk experience preferred.

Establish, create, and maintain risk management system. Sound understanding of and ability to apply both qualitative and quantitative risk management theories, tools, and techniques. Identify appropriate responsible parties for risk ownerships and allocate register entries. Structure and populate the risk management tool, enable user training and establish/implement the process for regular status reviews.
Organize, frame, and facilitate risk workshops: Meeting facilitation, engage with multiple project and stakeholder personnel and gather data in order to develop/refresh the Opportunity/Risk Register. Challenge and encourage alternate views in order to fully explore potential scenario outcomes. Stimulate identification of mitigating actions and qualitative impact and likelihood assessments. Secure buy-in from team members.
Perform probabilistic cost and schedule risk analysis – build simplified project schedule model , map the technical, economic, commercial, organizational, and political parameters and opportunity/risk register entries to the model elements, and quantify these impacts into duration/cost ranges. Assess and establish appropriate probability distributions for each element. Analyze and iterate the model output and develop overview presentation material to explain the results and key schedule risk areas.
Develop overview reports of risk/opportunity status for management. Implement and manage risk management plans using company’s risk management standards.
Maintain and manage risk registers. Present risk management status to project leadership team and generate monthly risk management reports.
Interface with project team members to discuss and challenge risk status and closeout references.
Interpret and explain cost schedule and risk analysis output to project leadership and review teams.

Essential Skills / Qualifications:
Engineering degree and/or certification as a Risk Management Analyst or equivalent experience
Minimum 12 years experience as a Risk Management Analyst
Excellent analytical, written, and oral communication skills
Experience facilitating risk/opportunity brainstorming workshops.
Fully versed with Risk Management and Analysis principles, techniques and industry standard tools, such as Pertmaster and @Risk.
Experience in managing small teams of junior personnel.
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