Risk Specialist/Risk Lead (Contract) Talent Pool
Bruce Power View all jobs
- Canada
- Permanent
- Full-time
- Risk Specialist
- Risk Lead
- Risk Analysis & Assessment
- Lead/support team-led probability and impact assessments using empirical data, benchmarks, and structured analytical frameworks
- Facilitate the assessment of current/target probability and impacts, and define SMART responses aligned to risk tolerance
- Challenge assumptions and bias to support objective, evidence-based evaluations
- Perform Quantitative Risk Assessments (QRAs), including cost and schedule risk modelling, across projects
- Quantitative Modelling & Analysis
- Develop cost/schedule simulations and interpret outputs to validate contingency
- Facilitate QRA ranging sessions on both cost and schedule and translate results for project teams and leaders
- Model distributions, sensitivities, and scenarios using cost/schedule tools
- Interpret simulation results to challenge deterministic plans, identify contingency gaps, and recommend adjustments
- Project & Estimating Support
- Embed risk management in the project lifecycle; facilitate risk workshops, brainstorming sessions, and risk identification meetings
- Maintain and audit risk registers for accuracy, completeness, and governance compliance
- Separate realized risks from unrealized forecast costs; support disciplined projections
- Support estimate peer reviews; validate risk assumptions and EMV/EU calculations
- Reporting & Communication
- Produce risk reports and executive summaries on weekly/monthly/month-end cycles
- Participate in IPTs, governance reviews (PGRs), constructability reviews, and risk workshops; monitor emerging risks/opportunities
- Advise teams on risk principles, tool use, and risk register best practices
- Portfolio Risk
- Assess vendor/supply chain risks (labour, currency, market volatility) across program/portfolio
- Identify systemic risks and partner with stakeholders on contingency and escalation plans
- Other duties as assigned
- Four-year university degree in a related field, plus post-graduate study in project management, or equivalent education
- Alternatively, 2+ years in a construction-related role (project coordination, cost control, scheduling, estimating, HSE, foreman/GF) or 2+ years in a junior risk role (or equivalent)
- Familiarity with PMI Project Management Body of Knowledge (PMBOK®); certification by the Project Management Institute (PMI) as a Project or Program Management Professional (PMP, PgMP) (asset)
- Certification by the Project Management Institute (PMI) as a Risk Management Professional (PMI-RMP) and/or demonstrated familiarity with PMI approach to risk management (strong asset)
- Certification by the Association for Advancement of Cost Engineering International (AACEI) as a Risk Management Professional (DRMP) and/or familiarity with AACEI standards for risk, schedule, and cost management (strong asset)
- Hands-on experience with ARM (SWORD), @Risk, PRA, Acumen Risk, P6, advanced Excel, and PowerPoint (strong asset)
- Statistical knowledge (asset)
- Experience in a highly regulated environment, such as a nuclear facility (asset)
- Ensure compliance with project risk management policies, plans, processes, and procedures
- Develop and implement risk management approaches at the project, program, and portfolio levels
- Provide analytical expertise to develop project, program, and portfolio risk profiles
- Develop, recommend, and monitor risk behaviour observations (reviewed at least annually)
- Standardize and implement risk management processes, including simulation output analysis
- Provide functional leadership and advice in project risk management practices
- Stay current on project risk management methodologies and best practices
- As required, serve as senior Risk Specialist for high-priority projects or programs
- Risk Simulation Development, Modelling & Analysis
- Serve as subject matter expert for development of cost and schedule risk simulations using @Risk, Primavera Risk Analysis, and Active Risk Manager
- Support risk, cost, and schedule ranging sessions with strong practical and theoretical expertise
- Build simulation models and continuously improve modelling efficiency using Bruce Power tools
- Interpret simulation results for project delivery organizations
- Coach and training risk specialists on interpreting results and key drivers behind simulation outputs
- Present period-over-period risk profile changes for major programs
- Reporting & Analytics
- Produce risk reports and executive summaries on weekly, monthly, and month-end cycles
- Participate in IPT meetings, governance reviews (PGRs), constructability reviews, and risk workshops; track emerging risks and opportunities
- Portfolio Risk
- Serve as subject matter expert for risk principles, tools, and risk register best practices
- Identify cross-PDO risk themes and partner with stakeholders to develop strategic response plans
- Risk Leadership & Influence
- Lead risk management within the Centre of Excellence; promote consistent practices across Integrated Project Teams and the portfolio
- Champion a proactive, analytics-driven risk culture and risk-informed decision-making
- Provide thought leadership on emerging practices and methods; translate into practical framework improvements
- Improve risk standards, tools, templates, and methods based on gaps, feedback, and industry best practices
- Mentorship & Coaching
- Mentor junior risk specialists and project teams on risk practices, including simulation development and interpretation
- Provide peer review and coaching on risk registers, probability and impact assessments, and QRA assumptions to build consistency
- Lead by example in facilitation and stakeholder engagement during high-consequence risk discussions
- Develop new practitioners through informal training, knowledge sharing, and reference materials
- Other duties as required
- Four-year university degree in a related field, plus post-graduate study in business management theory, project management, or equivalent education
- Familiarity with PMI Project Management Body of Knowledge (PMBOK®); certification by the Project Management Institute (PMI) as a Project or Program Management Professional (PMP, PgMP) (asset)
- Certification by the Project Management Institute (PMI) as a Risk Management Professional (PMI-RMP) and/or demonstrated familiarity with PMI approach to risk management (strong asset)
- Certification by the Association for Advancement of Cost Engineering International (AACEI) as a Risk Management Professional (DRMP) and/or familiarity with AACEI standards for risk, schedule, and cost management (strong asset)
- Advanced knowledge of project risk management, quantitative methods, and statistical probability across project methodologies
- Ability to interpret and coordinate project risk model inputs, outputs, and related processes
- A period of 8 - 10 years is considered necessary to gain this experience
- Experience in a highly regulated environment, such as a nuclear facility (asset)