Manager - Corporate Risk Management

• Corporate Risk Management (L&T Group)

Role Purpose Support the assessment, evaluation, and monitoring of project and enterprise risks across the L&T Group by facilitating pre-bid and execution risk reviews, reviewing contractual and commercial exposures, supporting bank guarantee recommendations, and ensuring adherence to Enterprise Risk Management (ERM) processes.

Key Responsibilities 1. Tender Risk Assessment & Risk Profiling

• Assess tender documents during the pre-bid stage and identify key project risks.

• Prepare comprehensive risk profiles covering:

• Contractual Risks

• Execution Risks

• Commercial Risks

• Counterparty Risks

• Country Risks

• Regulatory Risks (India and international markets)

• Technology and Obsolescence Risks

• Provide risk-related inputs and recommendations to support informed bid decisions.

2. Pre-Bid & Execution Risk Reviews

• Coordinate and facilitate Pre-Bid Risk Reviews and Execution Risk Reviews across L&T businesses.
• Organize and participate in project/site visits as required.
• Prepare project-specific risk assessments, risk profiles, portfolio analyses, and review reports.
• Support management in evaluating project risk exposure and mitigation strategies.

3. Bank Guarantee Review & Recommendation Support

• Review requests for issuance and extension of bank guarantees for projects across the L&T Group.
• Evaluate proposals from contractual, commercial, and risk perspectives.
• Provide recommendations to support decision-making regarding bank guarantee approvals and extensions.

4. Enterprise Risk Management (ERM) Compliance

• Ensure adherence of Independent Companies (ICs) to the Enterprise Risk Management (ERM) framework and related processes.
• Coordinate with IC Risk Teams to facilitate effective implementation of ERM requirements.
• Monitor compliance with risk management policies, procedures, and reporting requirements.
• Support continuous improvement initiatives relating to risk governance and risk management practices.

Preferred Candidate Profile Education

• Bachelor's Degree in Engineering or equivalent discipline.
• Additional qualifications in Risk Management, Finance, Business Management, or related fields will be an advantage.

Experience

• Relevant experience in Risk Management, Project Management, Contract Management, Commercial Management, or related functions.
• EPC project execution experience is preferred.

Key Competencies

• Risk Assessment & Risk Analysis
• Contractual and Commercial Acumen
• Project Execution Understanding
• Enterprise Risk Management (ERM)
• Stakeholder Management
• Analytical & Problem-Solving Skills
• Report Writing & Presentation Skills
• Cross-functional Coordination and Facilitation