Subcontractor Risk Management Analyst

at  Ledcor

Location: Vancouver, BC, Canada
Date Posted: Oct 29, 2024
Job ID: R21949
Job Status: Full-Time
Description
Job Summary:
Join our growing team as a Risk Management Analyst, reporting to the Manager of Subcontractor Risk Management! In this exciting role, you’ll leverage your knowledge of subcontractor risk management to support the Subcontractor Risk Management team and drive the Subcontractor Default Insurance (SDI) program forward. You’ll analyze subcontractor qualification submittal packages, cultivate strong relationships with project teams and subcontractors, and lead engaging training sessions with project teams to support the use of SDI while championing risk management best practices. This position provides excellent growth potential as you develop your skills in subcontractor risk management.
We are accepting applicants from Vancouver, Edmonton, Calgary, and Toronto. This position is hybrid, with 1-3 days a week in the office.
We offer a competitive compensation package, comprehensive training, benefits, RRSP contributions, and strong potential for career growth, with opportunities for advancement within our diverse organization.
Ready to take the next step? Apply today and start building your future with us!

Essential Responsibilities:

• Review and analyze financial statements, work-on-hand schedules, and liquidity/working capital levels to assess subcontractor risk.
• Evaluate and rate all subcontractor prequalification information, ensuring compliance with Ledcor’s risk management strategy and maintaining secure documentation.
• Propose effective subcontractor insurance risk mitigation strategies based on financial and operational insights.
• Identify and resolve issues within the SDI program using established precedents and risk management expertise.
• Communicate SDI program policies and procedures clearly to internal and external stakeholders.
• Deliver training on subcontractor risk management and SDI policies, ensuring compliance and promoting a risk-aware culture.
• Develop subcontractor risk management reports for regional and executive leaders

Qualifications:

• Minimum of 4 years of experience in risk management, underwriting or surety with a strong preference for candidates with a background in the commercial construction sector or subcontractor risk management.
• Comprehensive understanding of financial statements, financial analysis and accounting principles
• Strong communication skills, both verbal and written, with the ability to effectively engage with subcontractors, project teams, and regional leaders.
• Proven analytical capabilities, problem-solving skills, and sound professional judgment, combined with high accuracy in handling large data sets and expertise in working with complex pivot tables in Excel.
• Exceptional organizational abilities, with a demonstrated capacity to prioritize tasks and manage multiple projects simultaneously while adhering to tight deadlines.

Work Conditions:

• We welcome applicants from Vancouver, Edmonton, Calgary, and Toronto.
• This role is hybrid, requiring one to three days a week in the office.

Additional Information:
Company Description
Ledcor Building offers full-service construction for commercial, residential, institutional, and light industrial projects, along with expertise in green building. Our depth of knowledge and expertise come from building hundreds of projects – of all sizes – across North America each year.
But when you work for Ledcor, your experience will go far beyond the project. Do you want a career that means more? Join our True Blue team now!
Employment Equity
At Ledcor we believe diversity, equity, and inclusion should be part of everything we do. We are proud to be an equal-opportunity employer. All qualified individuals, regardless of race, color, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status or any other identifying characteristic are encouraged to apply.
Our True Blue team consists of individuals from all backgrounds who contribute diverse perspectives and experiences to Ledcor. For more information about Ledcor’s Inclusion and Diversity initiatives, please visit our I&D page. Adjustments will be provided in all parts of our hiring process. Applicants need to make their needs known in advance by submitting a request via email.
1055 West Hastings St, Vancouver, B

• Review and analyze financial statements, work-on-hand schedules, and liquidity/working capital levels to assess subcontractor risk.
• Evaluate and rate all subcontractor prequalification information, ensuring compliance with Ledcor’s risk management strategy and maintaining secure documentation.
• Propose effective subcontractor insurance risk mitigation strategies based on financial and operational insights.
• Identify and resolve issues within the SDI program using established precedents and risk management expertise.
• Communicate SDI program policies and procedures clearly to internal and external stakeholders.
• Deliver training on subcontractor risk management and SDI policies, ensuring compliance and promoting a risk-aware culture.
• Develop subcontractor risk management reports for regional and executive leader