• | Conducting risk assessments and evaluating potential risk and losses; |
• | Identifying project and procurement risks; |
• | Reviewing and auditing claims; |
• | Recommending alternative solutions, methodologies and strategies for risk mitigation and management; |
• | Assisting in prioritization and assignment of risks; |
• | Assisting in the development and/or implementation of Risk Management Plans; |
• | Developing and managing the implementation of Risk Management Plans (safety programs) to identify, analyze, plan, track, evaluate and control project risks on a continuous basis throughout the project life cycle; |
• | Coaching, mentoring and training project teams in risk mitigation techniques; |
• | Developing and implementing business continuity plans; |
• | Developing crisis and emergency communication and/or management planning strategies; |
• | Reviewing the organization's insurance and risk management programs and making recommendations regarding coverage improvements, administration, loss control and financing mechanisms; |
• | Providing leadership and support to the design, implementation and evaluation of clients products/services performance measures, risk management and risk mitigation strategies; |
• | Documenting process improvements; |
• | Preparing reports for internal or external publication (Corporate Services, Policy, Communications) |
• | Liaising with and interviewing stakeholders, as required, to obtain, clarify and exchange information, in-order to co-ordinate and manage the Risk Assessment Process; |
• | Identifying, confirming and documenting the risk tolerance for the process, project, program, or strategic risk and using this tolerance to guide all analysis, assessment and recommendations undertaken or produced; |
• | Identifying, confirming and documenting the objectives and priorities specific to the process, project, program or strategic direction being assessed, feasibility studies; |
• | Identifying relevant risks and opportunities (including, but not limited to, economic, political, operational, legal, reputation, technical, organizational, accounting, banking and social risks) that threaten the objectives and priorities; |
• | Utilizing both quantitative and qualitative techniques, as appropriate, to assess the likelihood that a risk event will occur; and/or the impact if the risk event occurs; |
• | Recommending a ranked-order for risks and opportunities identified; |
• | Recommending and documenting suggested Risk Responses necessary to manage the likelihood and/or impact of the identified risks; |
• | Performing Control Risk Assessments and analysis, which may include statistical sampling and analysis of existing controls; |
• | Assisting with the on-going monitoring of risk and assisting with the implementation of risk response/mitigation strategies; |
• | Preparing draft and finalized risk assessments, briefing notes, presentations and papers related to risk management, and developing and updating risk management plans; and |
• | Providing advice with respect to risk management best practices and providing guidance and direction to assist in managing risk. |