Risk & Contract Manager
The Walsh Group - Walsh Construction & Archer Western · Chicago, IL
- On site
- Contract
- $160,000 / year
- Chicago, IL
Job highlights
- Manage commercial and financial risks on large transit project.
- Oversee project contracts and financial matters.
- Develop strategies to reduce risk and maximize recovery.
- Ensure project compliance with contractual agreements.
- Support project team with operational and contractual insights.
About the role
Risk and Contract Manager
The Transportation Division is currently seeking a Risk and Contract Manager for a project located in Chicago, IL. The Commercial Manager will participate with ownership and management in strategic business development and client relationships on a large public transit project in Chicago, IL. Provide strategic guidance on commercial / financial risks and opportunities for the Project. Provide management of day-to-day project commercial issues, finances and/or contracts. Provide support to Project Leader through understanding of contracts, drafting key project correspondence and focusing on how to protect company/project long term interests. Provide feedback to ownership and management regarding the avoidance of pitfalls and lessons learned. Develop strategies to reduce risk in procurement and in performing projects.
Responsibilities
- Provide strategic consultation to avoid claims, company exposure, and develop positions to maximize recovery.
- Understanding and underwriting risk during project execution.
- Gain knowledge and understanding of project finances and accounting and provide strategic guidance reducing risks and maximizing opportunities.
- Master understanding of Owner contract and sub/vendor agreements to keep Project in compliance with contractual provisions and industry standards.
- Gain knowledge and understanding of commercial and operation procedures and suggest improvements as needed.
- Provide management of project controls to ensure all corporate / project processes and procedures are implemented.
- Gain knowledge and understanding of field operations to support the project team as needed and to support the contractual position of the company.
- Expectation and courage to challenge the status quo and seek continuous improvement.
Qualifications
- Bachelor or Juris Doctorate degree
- Minimum 6 years’ industry experience for Bachelor’s degree
- Minimum 4 years’ industry experience for Juris Doctorate degree
- Leadership skills and ability to be creative in finding solutions
- Strong written and verbal communication skills
- Strong organization skills with attention to detail
- Ability to work in fast-paced environment and meet all project deadlines
- Must be a team player and have flexibility/desire to take on numerous tasks
- Assignment may require employees to be located at project site office full time so out of town travel is possible
Salary
$125K - $160K
Key skills/competency
- Risk Management
- Contract Management
- Commercial Acumen
- Financial Analysis
- Strategic Planning
- Negotiation
- Problem-Solving
- Communication Skills
- Attention to Detail
- Construction Industry Knowledge
Skills & topics
- Risk Management
- Contract Management
- Commercial Manager
- Construction Project Management
- Financial Risk
- Contract Negotiation
- Legal
- Procurement
- Chicago Jobs
- Transportation Projects
How to get hired
- Tailor your resume: Highlight risk management and contract negotiation experience relevant to large construction projects.
- Showcase leadership: Emphasize your ability to provide strategic guidance and creative solutions in your application.
- Demonstrate industry knowledge: Detail your experience with owner contracts, sub/vendor agreements, and project finances.
- Prepare for interviews: Be ready to discuss how you've identified and mitigated risks in fast-paced environments.
Technical preparation
Behavioral questions
Frequently asked questions
- What are the key responsibilities of a Risk and Contract Manager at The Walsh Group?
- The Risk and Contract Manager at The Walsh Group is responsible for providing strategic guidance on commercial and financial risks, managing day-to-day project commercial issues, finances, and contracts, and developing strategies to reduce risk in procurement and project execution. They also ensure project compliance with contractual provisions and industry standards.
- What qualifications are needed for the Risk and Contract Manager role at The Walsh Group?
- Candidates need a Bachelor's or Juris Doctorate degree with a minimum of 6 years of industry experience for a Bachelor's degree or 4 years for a JD. Strong leadership, communication, organization skills, attention to detail, and the ability to work in a fast-paced environment are also required.
- Is this a remote or on-site position for the Risk and Contract Manager role at The Walsh Group?
- This Risk and Contract Manager position is primarily based in Chicago, IL, and the assignment may require employees to be located at the project site office full-time, indicating an on-site or hybrid work arrangement. Out-of-town travel may also be possible.
- What is the salary range for the Risk and Contract Manager position at The Walsh Group?
- The stated salary range for the Risk and Contract Manager position at The Walsh Group is $125,000 - $160,000 per year. Actual base pay depends on factors like experience, skills, and market demands.
- How can I apply for the Risk and Contract Manager job at The Walsh Group?
- To apply for the Risk and Contract Manager job at The Walsh Group, you should submit your application through their official careers portal. Ensure your resume highlights relevant experience in risk management, contract negotiation, and the construction industry.
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