Risk Management Specialist

McDermott•Houston, TX

About The Position

The Risk Management Specialist applies risk and opportunity management principles to support project risk management activities with moderate guidance from colleagues and leadership. The role analyzes practical solutions using established processes and procedures, develops knowledge of the company, its processes, and customers, and applies technical judgment, experience, and established methodologies to support effective project risk and opportunity management. This is a prospective role at McDermott that is not yet open for active recruitment. The company is inviting interested candidates to submit their details for consideration when the role becomes available.

Requirements

  • Bachelor's degree in Engineering, Construction, Business, Project Management, or a related discipline, or an equivalent combination of technical training and experience.
  • 3–6 years of experience supporting project risk management, project controls, engineering, construction, or EPC project execution activities.
  • Strong understanding of project risk and opportunity management principles, processes, and best practices.
  • Excellent analytical and data management skills, with proficiency in digital tools, databases, Microsoft Office applications, and Power BI.
  • Ability to analyze data, identify trends and correlations, and provide meaningful project insights to support decision-making.
  • Strong organizational skills and ability to manage multiple priorities while maintaining attention to detail.
  • Ability to collaborate effectively across project disciplines and proactively engage with stakeholders.
  • Strong written and verbal communication skills.
  • Self-motivated, organized, detail-oriented, and capable of working across multiple time zones and project environments.

Nice To Haves

  • Previous exposure to the energy, oil and gas, chemicals, or EPC industry.
  • Previous exposure to quantitative risk analysis techniques and methodologies.
  • Experience working with project risk management systems, databases, or related software tools.
  • Affiliate or Associate membership in a relevant professional institution.

Responsibilities

  • Carry out Project Risk & Opportunity Management (PROM) activities during project tendering, handover, and execution phases.
  • Engage with project discipline teams to facilitate risk management and ensure effective stakeholder participation.
  • Participate in project risk review meetings with project teams, JV or consortium partners, and clients as required.
  • Perform quantitative risk analysis and support project contingency management activities.
  • Maintain project risk and opportunity registers, keeping risks, opportunities, mitigation actions, ownership, and status updates current throughout the project lifecycle.
  • Assist with the identification, assessment, analysis, and monitoring of project risks and opportunities.
  • Prepare and deliver updates for project risk reports, dashboards, and business line risk and opportunity reporting requirements.
  • Collect, organize, validate, and maintain project risk management data and associated project information.
  • Support the maintenance, administration, and continuous development of McDermott's project risk and opportunity management tools and processes.
  • Collaborate with project teams to promote effective risk management practices and continuous improvement initiatives.
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