What are the responsibilities and job description for the Project Risk Analyst position at LyondellBasell Industries?
LyondellBasell
Basic Function
The Global Projects Risk Management (GPRM) function is responsible for the implementation and integration of risk management throughout all phases of capital projects and turnarounds execution. This includes providing risk management support to our Global Projects and Global Turnaround teams which undertake a large portfolio of capital investments to help shape the future growth of the company.
You will be the Project Risk Analyst supporting Risk Managers for individual capital projects and turnarounds.
In this role, you will provide support to Risk Managers by creating project risk plans, develop projects risk registers, undertake qualitative and quantitative analysis and provide risk facilitation, guidance and training to Project/TA teams.
Roles & Responsibilities
Part of your core role will involve working with teams to develop risk registers to make sure the risks are up to date and that appropriate risk responses are in place and are acted upon. Also, you will provide regular reports to Project and Turnaround Directors/Managers and give impartial independent assurance that the risk statuses of the projects or turnarounds are monitored efficiently. In addition, other core responsibilities include:
- Facilitate the identification and analysis of risk management on projects and turnarounds throughout the project lifecycle on small to midsize projects (Typically $10MM )
- Support the development of Project Risk Management Execution Plans on projects that are right-sized to project needs and meet existing corporate risk expectations/requirements
- Ensure that projects and turnarounds have a risk register to record outputs of the risk process and risks are updated in the database. Ensures the risk data is accurate, timely and relevant and that appropriate risk responses such as dedicated actions plans are in place and being acted upon within agreed timeframes and escalated if timeframes are missed
- Carry out qualitative and quantitative assessments and review with Risk Managers in order to give the best advice to project/turnaround teams on proposed risk-based contingencies
- Provide regular reports to project directors/managers on the risk status of projects including Risk Management KPIs and provide advice on the management of contingency
- Assist and carry out the development of management reporting related to changes in the risk profile such as highlighting contingency vs risk exposure on projects
- Identify trends and interdependencies through reviewing the causes and consequences of different risks throughout the portfolio.
- Can confidently explain the value and benefits of risk management to stakeholders
- Keeps relevant knowledge up-to-date by attending seminars, training sessions, and workshops, as necessary to develop and ensure success of project risk management principles
- Is able to independently work multiple projects and turnarounds simultaneously with some supervision
- Work on departmental initiatives
Area of Expertise:
- Have a background in and understanding of the capital project and turnaround environment within a client, consultant, or contractor organization, preferably the Oil and Gas or Chemicals industries.
- Have a basic understanding and application of project management, project controls and/or turnaround processes such as engineering, scheduling and planning, estimating, cost, etc.
- Enjoys and is confident in facilitating risk management in front of stakeholders at all levels within the project and turnaround teams.
- Ability to build or learn to build quantitative risk models to accurately represent the complexities of cost and schedule risk.
- Exceptional interpersonal skills with an ability to communicate and drive collaboration among diverse audiences.
Min. Qualifications
- Bachelor’s degree in an Engineering, Construction or other related field required
- A minimum of 6 years of experience in a professional environment including significant exposure to Capital Projects or Turnarounds
- English required; any other languages (particularly Dutch, German, Italian, French or Spanish) a plus
- Membership of the Project Management Institute of similar project management profession e.g. PMI-RMP, PMP, IPMA is a plus
Additional Information
- The home office (Houston Engineering Center) is located at 202 N Castlegory, Houston, TX 77049
- This is a hybrid role, with expectations to be present in the office 2 days per week
- May be required to travel to contractors’ offices or manufacturing sites within Houston and surrounding areas.
- May be required to travel outside of surrounding Houston area (<5%)
Competencies
We are LyondellBasell – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to champion our employees, and unlock value for customers, investors and society. LyondellBasell places high priority on diversity, equity and inclusion and is strongly committed to our planet, the communities where we operate and our future workforce. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.
Must be at least 18 years of age and must be legally authorized to work in the United States (US) on a permanent basis without visa sponsorship.
LyondellBasell does not accept or retain unsolicited résumés or phone calls and/or respond to them or to any third party representing job seekers.
LyondellBasell is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, veteran status, and other protected characteristics. The US EEO is the Law poster is available here.
