The Risk Management Professional is responsible for developing the Program and Project Risk Management Plan in support of new vessel construction by Seaspan Shipyards under the Federal Fleet Renewal Program (FFRP). Key responsibilities include leading the development, implementation and management of VSY Integrated Risk Framework, risk appetite, policies, procedures and management information requirement covering program, operational, financial and IT risks for FFR Program; and modelling of various project risk scenarios, providing project and program risk metrics and reports. Providing risk, opportunity and issue information and explanations to senior levels of the management team and support to risk owners across all functions involved in the FFR program is a key part of this roles.
The Risk Management Professional works closely with the Risk Review Boards/Committees, Shipyards senior team, project managers, and the corporate Risk management team to ensure all risk identified will be quantified and all possible mitigation action plans are created and executed.
- Leads the development, implementation and management of VSY Integrated Risk Framework, risk appetite, policies, procedures and management information requirement covering program, operational, financial and IT risks.
- Creates, updates and communicates program Risk & Opportunities and program Risk metrics including trend analysis on Risk retirement and mitigation. The metrics will be utilized by Seaspan Executive, Program Directors and Project managers to determine the status of the project Risks and identify where problems may be occurring.
- Contributes to the management and improvement of FFRP Risk Management Sanction process.
- Drives a proactive risk culture across Seaspan Vancouver Shipyards that is infused across the entire organization; actively promotes the awareness and application of risk management across the organization.
- Partners with the Program Management and various Business areas to ensure identification of critical business processes, and to ensure that all key risks are properly identified, assessed, monitored, controlled and reported in a timely fashion. To ensure theming can be undertaken to highlight and drive prioritization of systemic issues at both level of VSY and Canada.
- Supports the risk loaded IPS (Integrated Program Schedule) modelling and simulation process.
- Ensures reliable data is produced and that measurement/modelling of risks are refined to facilitate more complete analysis/evaluation of risk scenarios.
- Creates Risk models and analysis to support strategic initiatives and evaluation of FFR projects and contracts. Support the development of Risk models required to determine the potential outcomes of various contract scenarios.
- Proactively manages, develops and maintain intra-level relationships across the project, program and portfolio.
- Leads, drives, and embeds best practice and pragmatic risk management across the organization; and creates updates and maintains a full suite of Risk, Opportunity and Issue Processes.
- Advises VSY Senior Management and PMO Office of any significant changes to the risk environment and evidence of emerging risks.
- Monitors emerging program risks and assists with various program risks control boards/meetings.
- Undertakes independent assurance of adequacy and effectiveness of VSY’s management of its risks, controls and processes.Creates updates and communicates Risk Register and mitigation plans to demonstrated consistency of information and in line with corporate risk strategy.Creates and updates Risk, Opportunity and Issue registers including interpretations and explanations as a critical tool to determine the overall status and future expected outcome of the project.
- Manages the risk identification process, creates the Risk Response Plans and provides assistance to Risk Owner to access risk category, probability and impact.Supports weekly and monthly Risk review process for the monitoring, trending, variance analysis, forecasting and action tracking.
- Assists VP Program Management and the Director, Program Controls & Analysis in presenting and explaining Risk and Opportunity metrics and analyses of probable outcome.
- Engages Program and Project teams in active Risk Management and provides guidance around quantitative assessment of the risks.Mentor and support the development of Seaspan personnel for managing Risks & Opportunities in their area.
Education and Experience
- A bachelor’s degree in Business Administration, Engineering or Project Management. Risk Management Professional (PMI-RMP) certification or a similar certification in Risk Management area is required.
- MBA degree is preferred.
- 8-10+ years of progressing and relevant experience as a Risk Management professional in a complex multi-project or program environment preferably shipbuilding.
Skills, Knowledge and Required Competencies
- High levels of computer literacy including Microsoft Word, Excel. PowerPoint and MS Project and Primavera P6.
- Excellent working knowledge of an advance Risk toolset (e.g. Pertmaster or Primavera Risk Analysis).
- Excellent working knowledge in project management processes; such as scheduling, budgeting, scope and change management.
- Experience in leading and delivering risk assessments, stress testing and scenario analysis.
- Enhanced analytical skills (both qualitative and quantitative) including the ability to gather and synthesize data into meaningful metrics or analysis and interpret and convey results to a broad audience in simple terms
- Excellent oral and written communications, including the ability to communicate with others with tact and diplomacy.
- Strong attention to detail and organizational skills.
- Above average problem solving skills.
- Ability to work well under pressure while being adaptable and open-minded to change and improvements.
- Ability to lead or work within a team environment but also independently.
- Strong influencing, interpersonal and communication skills.
- Knowledge of contractual arrangements.
Seaspan is committed to Employment Equity, supports diversity in the workplace, and encourages applications from all qualified individuals including, women, members of visible minorities, aboriginal persons, and persons with disabilities.