Commercial Risk Manager - Primoris Heavy Civil

Primoris Heavy Civil Services located in Houston, TX is searching for a Commercial Risk Manager.

The successful candidate will have a deep understanding of the construction industry, specifically with heavy civil/industrial projects, and will be adept at navigating complex contracts, managing project risks, and maintaining relationships with key stakeholders.

Primoris is ranked in the top 1% of the prestigious Top 600 Specialty Contractors List by Engineering News-Record (ENR).

Join our team today!

Position Overview:

The Commercial Manager will be responsible for managing the commercial aspects and identifying potential risks across projects within the organization.

Reporting directly to the SVP, this role will be crucial in overseeing contractual obligations, ensuring risk mitigation strategies are in place, and protecting the company’s financial and operational interests.

The ideal candidate will have a deep understanding of the construction industry, specifically in heavy civil projects, and will be adept at navigating complex contracts, managing project risks, and maintaining relationships with key stakeholders.

Key Responsibilities:


* Risk Assessment and Mitigation: Identify potential project risks (e.g., financial, operational) and develop comprehensive risk management strategies.

Monitor and update risk registers for all ongoing projects.


* Financial Oversight: Collaborate with project teams to ensure accurate budgeting, forecasting, and financial reporting relating to risk management.

Manage claims and variations to maintain profitability and reduce financial risk.


* Project Support: Assist project managers with managing the commercial aspects of each project, including ensuring timely notices and managing project issues related to scope changes, delays, and disputes.


* Contract Management: Review and analyze contracts for both clients and subcontractors, ensuring the terms are aligned with the company’s objectives and risk tolerance.

Work closely with legal teams to mitigate exposure and ensure compliance with industry regulations.


* Insurance and Bonding: Oversee the company’s insurance and bonding needs for each project, ensuring proper coverage, managing claims, and ensuring compliance with contractual insurance requirements.


* Stakeholder Communication: Act as a key point of contact for internal and external stakeholders regarding risk and commercial matters.

Provide regular updates and reports to senior leadership.


* Compliance and Best Practices: Ensure all projects adhere to company policies, procedures, and industry best practices.

Stay up-to-date on relevant industry laws, trends, and regulations that may impact project risks or financials.

Qualifications:


* Education: Bachelor’s degree in Construction Management, Civil Engineering, Business, or related field.

A master’s degree or relevant certifications (e.g., PMP) are a plus.


* Experience: Minimum of 7-10 years of e...