Project Risk Manager

Job summary

The Project Risk Manager will lead the risk management function by identifying, assessing, and mitigating project risks, opportunities, and savings. They will facilitate workshops, maintain risk registers, and provide actionable insights through quantitative analysis and reporting to senior leadership.

Job details

Req ID:531881 At Alstom, we understand transport networks and what moves people. From high-speed trains, metros, monorails, and trams, to turnkey systems, services, infrastructure, signalling and digital mobility, we offer our diverse customers the broadest portfolio in the industry. Every day, more than 80 000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars. Could you be the full-time Senior Risk Manager in Toronto we’re looking for? Your future role Take on a new challenge and apply your risk management expertise in a cutting-edge field. You’ll work alongside collaborative, forward-thinking, and results-driven teammates and lead the Risk Management function in the Project team. You'll play a critical role in ensuring the effective identification, assessment, and mitigation of risks, savings, and opportunities within our projects. Day-to-day, you’ll work closely with teams across the business (Project Managers, Core Teams, Scheduling, and Cost Control), facilitate workshops to gather inputs for risk analysis, and provide actionable insights through robust risk reporting and dashboards. With your team, you’ll take care of creating and maintaining the consolidated Risk and Opportunity Registers, but also leading quantitative risk analyses to inform target pricing and schedule planning. We’ll look to you for: Monitoring the deployment of the Risk Management strategy for the project Leading the governance of project risks, opportunities and contingency management. Ensuring full adherence to Alstom risk management process as well as project members are trained in Risk Management through seminars and training courses Supporting project teams in identifying and assessing risks, opportunities, and mitigation actions Leading brainstorming sessions for risk, saving, and opportunity identification Collaborating with risk owners to define, implement, and monitor mitigation actions Developing scoring rationales for risks and opportunities, and integrating them into project schedules and budgets Supporting contract, commercial and bid teams with risk-based decision making Performing integrated quantitative cost and schedule risk analyses using Risk Management software Ensure effective integration of risk management into project controls, cost management and schedule management processes Delivering clear, actionable risk reporting and dashboards to senior leadership and stakeholders Monitoring and reporting risk KPIs and ensuring quality standards are met All about you We value passion and attitude over experience. That’s why we don’t expect you to have every single skill. Instead, we’ve listed some that we think will help you succeed and grow in this role: A Bachelor’s degree in Engineering 10+ years of experience in risk management Experience with Monte Carlo Risk Assessment tools Proficiency in QCRA and QSRA for multi-million-dollar railway or infrastructure projects Comprehensive understanding of risk management principles, methodologies, and tools Strong analytical skills for risk and opportunity assessments Project management experience Good knowledge of railway products and systems Experience working with internal processes (Tenders, Projects, Engineering, Industrial, Sourcing, Supply Chain, Quality, and their interfaces) Excellent stakeholder management and collaboration skills AACE Certified (DRMP)/PMI-RMP or IPMA-D, PMP certification is an asset Things you’ll enjoy Join us on a life-long transformative journey – the rail industry is here to stay, so you can grow and develop new skills and experiences throughout your career. You’ll also: Enjoy stability, challenges, and a long-term career free from boring daily routines Work with new security standards for rail signalling Collaborate with transverse teams and helpful colleagues Contribute to innovative projects Utilise our agile and collaborative working environment Steer your career in whatever direction you choose across functions and countries Benefit from our investment in your development, through award-winning learning Progress towards leadership roles in risk management or project management Benefit from a fair and dynamic reward package that recognises your performance and potential, plus comprehensive and competitive social coverage (life, medical, pension) Compensation The expected compensation for this role is $110,000 – $145,000 CAD per year, plus benefits and eligibility for an annual performance bonus. Final compensation will be based on skills, experience, and internal equity. Use of Artificial Intelligence in Hiring We do not use artificial intelligence in the recruiting process for this role. Interview Process & Candidate Communication Candidates who participate in an interview for this role will be informed of the hiring decision within 45 days of their final interview date. This job posting represents an existing vacancy. You don’t need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family, you’ll be proud. If you’re up for the challenge, we’d love to hear from you! Important to note As a global business, we’re an equal-opportunity employer that celebrates diversity across the 63 countries we operate in. We’re committed to creating an inclusive workplace for everyone.

What you’ll do

The Project Risk Manager will lead the risk management function by identifying, assessing, and mitigating project risks, opportunities, and savings. They will facilitate workshops, maintain risk registers, and provide actionable insights through quantitative analysis and reporting to senior leadership.

Requirements

Candidates must hold a Bachelor's degree in Engineering and possess over 10 years of experience in risk management. Proficiency in Monte Carlo assessment tools and experience with railway or infrastructure projects are essential.

Benefits

• Life insurance
• Medical insurance
• Pension plan
• Performance bonus
• Professional development

Listed skills

• Risk Management · Preferred
• Project management · Preferred
• Stakeholder Management · Preferred
• Budgeting · Preferred
• Data analysis · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Risk management
• Monte Carlo analysis
• QCRA
• QSRA
• Project management
• Stakeholder management
• Quantitative risk analysis
• Risk reporting
• Budgeting
• Schedule planning
• Railway systems
• Data analysis
• Governance
• Risk mitigation
• Strategic planning
• Cost Control
• Project Schedules
• Workplace Inclusivity
• Supply Chain
• PMI Risk Management Professional
• Workshop Facilitation
• Project Controls
• Planning
• Risk Management Strategies
• Analytical Skills
• Agile Methodology
• Artificial Intelligence
• Brainstorming
• Cost Management
• Dashboard
• Management
• Decision Making
• Communication
• Contingency Management
• Equities
• Leadership
• Innovation
• Key Performance Indicators (KPIs)
• Risk Management
• Project Management
• Project Management Professional Certification
• Project Risk Management
• Quality Management
• Risk Analysis
• Stakeholder Management
• Transport Networks
• Scheduling
• Collaboration
• Mitigation

Job areas

• Management & Leadership
• Engineering
• Transportation
• Consulting
• Project Risk Manager
• Risk Manager
• Management and Organization Analysts
• Financial Risk Specialists

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