Commercial Risk Manager - Primoris Heavy Civil
Commercial Risk Manager - Primoris Heavy Civil
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Job Description
Primoris Heavy Civil Services located in Houston TX is searching for a Commercial Risk Manager. The successful candidate will have a deep understanding of the construction industry specifically with heavy civil/industrial projects and will be adept at navigating complex contracts managing project risks and maintaining relationships with key stakeholders. Primoris is ranked in the top 1 of the prestigious Top 600 Specialty Contractors List by Engineering NewsRecord (ENR). Join our team today!
Position Overview:
The Commercial Manager will be responsible for managing the commercial aspects and identifying potential risks across projects within the organization. Reporting directly to the SVP this role will be crucial in overseeing contractual obligations ensuring risk mitigation strategies are in place and protecting the companys financial and operational interests. The ideal candidate will have a deep understanding of the construction industry specifically in heavy civil projects and will be adept at navigating complex contracts managing project risks and maintaining relationships with key stakeholders.
Key Responsibilities:
- Risk Assessment and Mitigation: Identify potential project risks (e.g. financial operational) and develop comprehensive risk management strategies. Monitor and update risk registers for all ongoing projects.
- Financial Oversight: Collaborate with project teams to ensure accurate budgeting forecasting and financial reporting relating to risk management. Manage claims and variations to maintain profitability and reduce financial risk.
- Project Support: Assist project managers with managing the commercial aspects of each project including ensuring timely notices and managing project issues related to scope changes delays and disputes.
- Contract Management: Review and analyze contracts for both clients and subcontractors ensuring the terms are aligned with the companys objectives and risk tolerance. Work closely with legal teams to mitigate exposure and ensure compliance with industry regulations.
- Insurance and Bonding: Oversee the companys insurance and bonding needs for each project ensuring proper coverage managing claims and ensuring compliance with contractual insurance requirements.
- Stakeholder Communication: Act as a key point of contact for internal and external stakeholders regarding risk and commercial matters. Provide regular updates and reports to senior leadership.
- Compliance and Best Practices: Ensure all projects adhere to company policies procedures and industry best practices. Stay uptodate on relevant industry laws trends and regulations that may impact project risks or financials.
Qualifications:
- Education: Bachelors degree in Construction Management Civil Engineering Business or related field. A masters degree or relevant certifications (e.g. PMP) are a plus.
- Experience: Minimum of 710 years of experience in commercial management or risk management in the heavy civil/industrial construction industry. A track record of success in managing largescale infrastructure projects.
- Skills and Competencies:
- Strong understanding of construction contracts procurement processes and risk management methodologies.
- Excellent analytical and problemsolving skills with the ability to make datadriven decisions.
- Proficiency in project management software (e.g. Viewpoint Procore or similar platforms).
- Ability to effectively communicate complex issues to senior management and external stakeholders.
- Strong negotiation and conflict resolution skills.
- Knowledge of applicable regulations safety standards and industry trends.
Key Attributes:
- Proactive and resultsoriented with the ability to prioritize and manage multiple highstakes tasks.
- Exceptional interpersonal and leadership skills able to build relationships with diverse teams and stakeholders.
- Strong attention to detail and a focus on maintaining high standards of quality and risk mitigation across all projects.
About Us:
Primoris was formed in 2004 and is currently traded on the NYSE under the symbol PRIM. We provide a wide range of construction maintenance and engineering services for power generation oil and gas chemical pipeline utilities and distribution and civil infrastructure clients. Primoris is ranked in the top 1 of the prestigious Top 600 Specialty Contractors List by Engineering NewsRecord (ENR) having built projects throughout the U.S. and Canada. For additional information please visit www.prim.
Primoris Heavy Civil supported by the bonding capacity and resources of Primoris has expanded into an even larger role within the heavy civil and transportation industries. Heavy Civil provides highway port airfield and marine (intermodal transportation) construction services to governmental entities such as the Departments of Transportation and the US Army Corps of Engineers as well as private commercial and industrial clients. Heavy Civil is comprised of operating units that include Texas Operations Louisiana Operations and Concrete Paving Operations. With a commitment to excellence and safety we operate across a range of complex and highvalue projects and were growing fast. We are seeking a skilled and experienced Commercial/Risk Manager to join our dynamic team and support the companys ongoing success.
Required Experience:
Manager
Employment Type
Full-Time
