Sr Prinicipal Risk
$170k - $190k per yearHatch
Requisition ID: 101720
Job Category: Project Controls
Location: Mississauga, ON, Canada
Join a company that is passionately committed to the pursuit of a better world through positive change. With more than 70 years of business and technical expertise in mining , energy , and infrastructure , our 10,000 colleagues in 150 countries tirelessly work toward bettering the industries in which we operate. With practical solutions that are safe, innovative and sustainable, we think globally while acting locally.
Join our Project Delivery Group (PDG), a dynamic team of professionals passionately committed to world-class project delivery across the globe. With expertise in sustainable studies, asset building and operations, and industry-leading efficiencies, our best-in-class team leverages methodologies, governance and systems that are unparalleled in the engineering space. Are you looking for an opportunity to join a diverse group of professionals who are committed to remaining exceptional? We look forward to hearing from you.
Position Summary
Reporting to the Engagement Manager and functionally to the Global Director, Risk Solutions, the Principal Risk Specialist will work closely with clients and engagement teams in different regions to strengthen their approach to risk management across their organizations and capital investments. The role provides independent, unbiased risk expertise that enables clients to make confident, risk‑informed decisions—from strategic planning through design, execution, and operations. This support reduces cost and schedule variability, improves predictability, and helps unlock opportunities that enhance overall project outcomes. In addition, the role will support the Global Director, Risk Solutions in advancing and expanding the global Risk Management Practice, while also contributing to raising the profile and effectiveness of the Risk Management function within the WCA region.
Key Responsibilities
- Develop effective relationships with clients, Pursuit and Engagement Managers and teams, Business Unit and Business Practices Directors
- Develop project-specific risk management plans
- Plan and facilitate risk workshops and risk reviews
- Plans and facilitate quantitative cost and schedule risk analysis
- Plan and facilitate hazard studies (i.e. HAZAN, HAZOPs) and other safety studies or hazard assessments (i.e. LOPA, SIL, FMEA, Root Cause Analysis)
- Plan and facilitate decision analysis and value engineering workshops
- Maintain project risk register to ensure all risks and their characteristics are appropriately and accurately documented; ensure risk response actions are being developed, executed, updated and completed as planned
- Guide the engagements and business units through appropriate steps of qualitative and quantitative risk assessment and prepare realistic and actionable risk treatment plans for the identified threats and opportunities that are consistent with standard organizational practices and strategic objectives
- Provide Engagement Managers and Business Unit Directors with timely assessment of the current status of all risks, the occurrence of any triggers, the effectiveness of any treatment plans that are being executed and implementation recovery plans for those that are not working as expected
- Communicate and train engagement and business unit team members in risk management processes and procedures
- Assess the effectiveness of risk management processes across the organization and advise engagement and higher-level management on how to enhance risk management effectiveness over time
- Assist with the development of risk management procedures and functional guides
- Contribute to fostering a knowledge sharing culture by actively participating in the risk knowledge networks and collaborative forums
- Assist the Global Director Risk Management with business development, proposal development at local and lobal level and client engagement
Qualifications and Requirements
- Post-secondary degree from a recognized university, ideally in engineering or business. A professional risk or project management designation is desirable (i.e., CRM, PMI-RMP, GARP, PMP etc.,); MBA, PhD is nice to have
- Minimum 20 year experience in a risk management role, workshop facilitation involving large groups of people, leading hazard study workshops (HAZAN, HAZOP, Construction and Commissioning Safety Studies) and other technical analysis techniques (i.e. LOPA, SIL, machine guarding). Process Safety Management or Process Safety Engineering experience or certification is nice to have
- Expert knowledge in the application of International Risk Management Standards, i.e. ISO 31000, ISO 31010, IEC 62198, PRAM and PMI.
- Expert knowledge of the risk management process and know how to adapt it to the client and project needs; understand how risk creates value on projects.
- Expert knowledge with bow-tie analysis and related software
- Expert knowledge of quantitative models of cost and schedule, including quantitative risk analysis tools (i.e. @Risk, Safran, PRA)
- Proficiency in Microsoft applications; Working experience with modern risk management information systems and software. (i.e. Predict!, CURA, ARM, etc.)
- Good understanding of and experience with project management, cost estimating and project scheduling principles, tools and techniques
- Strong team player with excellent interpersonal and oral and written communication skills in English. Similar skills in a second language such as French, Spanish, Portuguese or Chinese are desirable
- Ability to oversee the risk management programs of concurrent multiple projects.
- Ability to manage competing priorities effectively - routine requirement to work to deadlines imposed by client which might require completion of unplanned risk management activities in a short time frame
- Ability to establish and maintain relationships with internal and external clients; establish trust, credibility and respect
- Skilled in the production of reports and presentations
- Ability to travel to other Hatch offices or project sites as required, sometimes extensively and on relatively short notice
- Must be a self-starter and problem solver, with the ability to work both independently and as part of a team
Base salary range: $170,000 - $190,000
At Hatch, we are committed to fair and equitable compensation practices. In accordance with legislated pay transparency requirements, the expected salary range for this position is based on current market data and aligned with internal pay structures to ensure consistency and fairness.
Your individual compensation within this range will depend on factors such as skills, experience, qualifications and location. In addition to base pay, our total rewards package may include performance-based incentives, comprehensive benefits, and other programs designed to support your well-being and growth.
Why join us?
- Work with great people to make a difference
- Collaborate on exciting projects to develop innovative solutions
- Flexible work environment
- Long term career development
- Think globally, work locally
Don't meet every single requirement? You don't need to. At Hatch, we are building a diverse, inclusive workplace that fosters innovation. If you're interested in this role, we encourage you to apply even if your past experiences don't perfectly align with the skills we've listed.
We're committed to fostering a workforce that reflects the diversity of the communities in which we operate and serve. Hatch is an Equal Opportunity Employer that considers applicants without regard to age, race, color, national origin, citizenship, religion, creed, gender, sexual orientation, marital status, disability, veteran, or any other protected status. If you have any accommodation requirements, please let us know. We'll do our best to meet your needs in accordance with applicable local legislation.
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