Risk Specialist/Risk Lead (Contract) Talent Pool

Bruce Power•Kincardine, ON

43d•Onsite

About The Position

Bruce Power is seeking Risk Specialists and Risk Leads for contract opportunities at the Bruce Power site through a contract partner. These dynamic opportunities require individuals who thrive in a fast paced and integrated team environment. The Risk Specialist, as part of the Centre of Excellence, supports Integrated Project Teams to identify and analyze project risks and develop risk communication and behaviour observations. The role serves as the technical subject matter expert for Bruce Power’s risk management systems and challenges project assumptions. It also supports the shift to analytics-driven risk management by delivering high-value insights across a diverse portfolio of construction and capital projects. The Risk Lead, as part of the Centre of Excellence, is a senior member of the project risk management team, who provides functional leadership to risk specialists and priority capital projects to ensure consistent application of project risk management practices.

Requirements

Four-year university degree in a related field, plus post-graduate study in project management, or equivalent education
Alternatively, 2+ years in a construction-related role (project coordination, cost control, scheduling, estimating, HSE, foreman/GF) or 2+ years in a junior risk role (or equivalent)
Familiarity with PMI Project Management Body of Knowledge (PMBOK®)
Certification by the Project Management Institute (PMI) as a Risk Management Professional (PMI-RMP) and/or demonstrated familiarity with PMI approach to risk management (strong asset)
Certification by the Association for Advancement of Cost Engineering International (AACEI) as a Risk Management Professional (DRMP) and/or familiarity with AACEI standards for risk, schedule, and cost management (strong asset)
Hands-on experience with ARM (SWORD), @Risk, PRA, Acumen Risk, P6, advanced Excel, and PowerPoint (strong asset)
Statistical knowledge (asset)
Experience in a highly regulated environment, such as a nuclear facility (asset)
Four-year university degree in a related field, plus post-graduate study in business management theory, project management, or equivalent education
Certification by the Project Management Institute (PMI) as a Project or Program Management Professional (PMP, PgMP) (asset)
Advanced knowledge of project risk management, quantitative methods, and statistical probability across project methodologies
Ability to interpret and coordinate project risk model inputs, outputs, and related processes
A period of 8 - 10 years is considered necessary to gain this experience

Nice To Haves

Certification by the Project Management Institute (PMI) as a Project or Program Management Professional (PMP, PgMP) (asset)
Certification by the Project Management Institute (PMI) as a Risk Management Professional (PMI-RMP) and/or demonstrated familiarity with PMI approach to risk management (strong asset)
Certification by the Association for Advancement of Cost Engineering International (AACEI) as a Risk Management Professional (DRMP) and/or familiarity with AACEI standards for risk, schedule, and cost management (strong asset)
Hands-on experience with ARM (SWORD), @Risk, PRA, Acumen Risk, P6, advanced Excel, and PowerPoint (strong asset)
Statistical knowledge (asset)
Experience in a highly regulated environment, such as a nuclear facility (asset)

Responsibilities

Lead/support team-led probability and impact assessments using empirical data, benchmarks, and structured analytical frameworks
Facilitate the assessment of current/target probability and impacts, and define SMART responses aligned to risk tolerance
Challenge assumptions and bias to support objective, evidence-based evaluations
Perform Quantitative Risk Assessments (QRAs), including cost and schedule risk modelling, across projects
Develop cost/schedule simulations and interpret outputs to validate contingency
Facilitate QRA ranging sessions on both cost and schedule and translate results for project teams and leaders
Model distributions, sensitivities, and scenarios using cost/schedule tools
Interpret simulation results to challenge deterministic plans, identify contingency gaps, and recommend adjustments
Embed risk management in the project lifecycle; facilitate risk workshops, brainstorming sessions, and risk identification meetings
Maintain and audit risk registers for accuracy, completeness, and governance compliance
Separate realized risks from unrealized forecast costs; support disciplined projections
Support estimate peer reviews; validate risk assumptions and EMV/EU calculations
Produce risk reports and executive summaries on weekly/monthly/month-end cycles
Participate in IPTs, governance reviews (PGRs), constructability reviews, and risk workshops; monitor emerging risks/opportunities
Advise teams on risk principles, tool use, and risk register best practices
Assess vendor/supply chain risks (labour, currency, market volatility) across program/portfolio
Identify systemic risks and partner with stakeholders on contingency and escalation plans
Ensure compliance with project risk management policies, plans, processes, and procedures
Develop and implement risk management approaches at the project, program, and portfolio levels
Provide analytical expertise to develop project, program, and portfolio risk profiles
Develop, recommend, and monitor risk behaviour observations (reviewed at least annually)
Standardize and implement risk management processes, including simulation output analysis
Provide functional leadership and advice in project risk management practices
Stay current on project risk management methodologies and best practices
Serve as senior Risk Specialist for high-priority projects or programs
Serve as subject matter expert for development of cost and schedule risk simulations using @Risk, Primavera Risk Analysis, and Active Risk Manager
Support risk, cost, and schedule ranging sessions with strong practical and theoretical expertise
Build simulation models and continuously improve modelling efficiency using Bruce Power tools
Interpret simulation results for project delivery organizations
Coach and training risk specialists on interpreting results and key drivers behind simulation outputs
Present period-over-period risk profile changes for major programs
Track emerging risks and opportunities
Serve as subject matter expert for risk principles, tools, and risk register best practices
Identify cross-PDO risk themes and partner with stakeholders to develop strategic response plans
Lead risk management within the Centre of Excellence; promote consistent practices across Integrated Project Teams and the portfolio
Champion a proactive, analytics-driven risk culture and risk-informed decision-making
Provide thought leadership on emerging practices and methods; translate into practical framework improvements
Improve risk standards, tools, templates, and methods based on gaps, feedback, and industry best practices
Mentor junior risk specialists and project teams on risk practices, including simulation development and interpretation
Provide peer review and coaching on risk registers, probability and impact assessments, and QRA assumptions to build consistency
Lead by example in facilitation and stakeholder engagement during high-consequence risk discussions
Develop new practitioners through informal training, knowledge sharing, and reference materials
Other duties as assigned