Project Manager - Commercial Risk

Modern Niagara • Vaughan, ON

14h • CA$105,000 - CA$125,000

About The Position

The Project Manager - Commercial Risk supports project teams throughout the project lifecycle by identifying, assessing, and mitigating commercial and contractual risks. This role provides guidance on contract interpretation, claims management, dispute avoidance, and commercial strategy to help protect Modern Niagara's interests while supporting successful project delivery. Commercial risk management is critical to delivering profitable, well-managed projects. This role helps project teams understand contractual obligations, maintain defensible positions, proactively manage and mitigate risk, and navigate complex commercial challenges. Through strong governance, risk assessment, and stakeholder collaboration, the Commercial Risk Manager helps minimize exposure while protecting project outcomes and supporting long-term business success.

Requirements

• 7+ years of experience supporting large, complex infrastructure, industrial, commercial, or institutional construction projects.
• Experience working within a general contractor, mechanical contractor, or major project environment.
• Strong understanding of contract administration, commercial risk management, and project governance.
• Experience reviewing and interpreting construction contracts and commercial agreements.
• Knowledge of claims management, dispute avoidance, dispute resolution, and schedule-related risk management.
• Strong analytical and problem-solving skills, with the ability to assess complex commercial issues and develop practical solutions.
• Experience supporting project teams through multiple phases of the project lifecycle.
• Strong written and verbal communication skills, including the ability to prepare and review formal project correspondence.
• Ability to manage multiple priorities while maintaining a high level of accuracy and attention to detail.
• Strong stakeholder management, negotiation, and relationship-building skills.

Nice To Haves

• Bachelor's degree in Engineering, Construction Management, Quantity Surveying, Finance, Business, or a related discipline.
• Experience with major infrastructure, P3, Design-Build, or Progressive Design-Build projects.
• Experience within the mechanical contracting industry.
• Professional designation such as P.Eng., PMP, PQS, MBA, or equivalent combination of education and experience.
• Experience participating in project advisory, governance, or risk review committees.
• Advanced knowledge of schedule management, extension of time (EOT) analysis, and entitlement assessments.
• Experience supporting procurement, subcontract negotiation, and contractual risk allocation strategies.

Responsibilities

• Identify, evaluate, and mitigate commercial and contractual risks throughout all stages of project delivery.
• Provide interpretation of contract clauses and advise project teams on contractual rights, obligations, entitlements, and risk exposure.
• Support project teams in maintaining robust project documentation to support claims, dispute resolution, and contractual positions.
• Assist project teams in developing proactive claim avoidance strategies to minimize commercial exposure and maximize entitlement opportunities.
• Support the VP, Risk Management with commercial risk initiatives and project advisory activities.
• Participate in pre-award activities including contract reviews and risk allocation assessments.
• Support Procurement and Legal teams in the review, drafting, and negotiation of subcontracts, Letters of Intent (LOIs), and Purchase Orders (POs).
• Participate in and support Project Advisory Committees in the assessment, monitoring, and mitigation of risk.
• Monitor adherence to corporate risk management policies, procedures, and governance requirements.
• Support claims management, dispute avoidance, dispute resolution, and schedule-related commercial matters, including extension of time (EOT) considerations.
• Provide commercial guidance and support to project teams on major infrastructure, ICI, and alternative delivery projects.
• Build collaborative relationships with project stakeholders to promote early identification and resolution of commercial issues.

Benefits

• Performance based bonus opportunities.
• Defined Contribution Pension Plan with a generous employer contribution.
• Flexible Health and Dental benefits with tiered options to meet the needs of you and your family.
• An annual health spending account to support your overall wellness.
• 24/7 confidential support through our Employee and Family Assistance Program with access to comprehensive resources and professional services.
• A competitive vacation package with additional vacation granted throughout your tenure with the organization.
• Employer Paid Parental Leave Top Up.
• Annual Community Day dedicated to volunteering and giving back to the communities where we live and work.
• Corporate Discounts through various vendors across Canada for programs such as fitness, mobile phones, travel, home and auto insurance and many others.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree