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  • Job reference: RMS0161504

Risk Management Analyst

  • Sector: Oil & Gas
  • Location: Houston
  • Job type: Contract
  • Date posted: 07/10/2015
  • Time left:
    d h m s
This vacancy has now expired.
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The Company:
Our Client, a major oil & gas operator, is currently looking to add a Risk Management Analyst.

The Role:
To deliver and maintain standard, consistent and realistic risk management plan, system and register for each project.

Principal Accountabilities:
- 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 to gather data in order to develop/refresh the Opportunity/Risk Register.
- Challenge and encourage alternate views 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 & Schedule Risk Analysis- Build simplified project schedule model, map the Technical, Economic, Commercial, Organisational and Political (TECOP) parameters and Opportunity/Risk
- Register entries to the model elements, and quantify these impacts into duration/ cost ranges (including the unknown unknowns).
- Assess and establish appropriate probability distributions for each element.
- Analyse 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 utilizing Company’s risk management standards.
- Maintain and manage risk registers.
- Present risk management status to Project Leadership Team & generate monthly risk management reports.
- Interface with project team members to discuss and challenge risk status and close out references
- Interpret and explain Cost Schedule & Risk Analysis output to Project Leadership and Review teams.

Essential Skills / Qualifications:
Experience and Qualifications:
- Engineering Degree and/or Certification as a Risk Management Analyst or equivalent experience.
- Minimum 12 years industry experience as Risk Management Analyst
- Excellent analytical, oral and written 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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