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Loureiro Engineering Associates, Inc.

Integrated engineering, environmental, and construction services

Director of Enterprise Risk

Risk ManagementPosted on Nov 11
Full-timePlainville, CT, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in business, construction management, engineering, finance, risk management, law, or a related field.
  • A minimum of 10 years of relevant experience in commercial management, contracts, risk management, procurement, insurance, subcontractor management, or related disciplines.
  • Demonstrated ability to identify, evaluate, and manage material commercial and project risks, and translate that experience into practical controls, processes, and organizational standards.
  • Demonstrated experience managing contractual, commercial, subcontractor, procurement, or insurance-related risk.
  • Sit for prolonged periods at a desk and work on a computer.
  • Lift up to 15 pounds.
  • Operate standard office equipment and keyboards.
  • Push, pull, and place materials on level surfaces and in overhead cabinets.

Responsibilities

  • Develop and continually improve enterprise-wide standards, controls, approval thresholds, delegated authorities, and exception processes for identifying, evaluating, managing, and monitoring material business risks.
  • Partner with executive and operating leaders to ensure material risks are understood, evaluated at the appropriate level, and escalated when outside established standards or authority.
  • Monitor risk and compliance trends, recurring exceptions, and emerging exposures, and provide leadership with appropriate visibility into the company's risk profile.
  • Establish and maintain enterprise standards for subcontractor and third-party qualification, approval, monitoring, and compliance, including ownership and oversight of the subcontractor management system.
  • Establish qualification requirements addressing safety, insurance, financial capacity, licensing, and other appropriate risk considerations, including processes for reviewing and approving exceptions.
  • Partner with operating teams to ensure subcontractor and vendor risks are appropriately evaluated before commitments are made, while operating leaders retain responsibility for selection, buyout, and performance.
  • Establish and maintain standards and processes for reviewing client, subcontractor, vendor, purchase order, and other commercial commitments.
  • Review contractual and commercial risks within delegated authority and ensure material or unusual risks are appropriately identified, documented, and escalated.
  • Coordinate with operating leaders, administrative leaders, insurance advisors, outside legal counsel, and other resources as appropriate to support informed commercial decisions.
  • Establish and monitor controls governing procurement and buyout, including competitive bidding, authorization thresholds, documentation requirements, sole-source procurement, and other exceptions.
  • Establish and maintain subcontractor and vendor insurance requirements and oversee certificate of insurance compliance, deficiencies, and exceptions.
  • Partner with operating leadership and administrative leadership to continually improve procurement and risk-transfer controls, while operating leaders retain responsibility for purchasing, subcontractor selection, and project execution.
  • Develop the systems, processes, reporting, and organizational capabilities necessary to support the evolution of a comprehensive enterprise risk-management function.
  • Expand the function over time, as appropriate, to encompass claims, insurance and bonding, major project risk, procurement risk, acquisition and joint-venture risk, and other material enterprise risks.
  • Promote an enterprise risk-management culture that creates transparency, supports informed risk-taking, strengthens accountability, and enables effective execution.

Desired Qualifications

  • Experience within engineering, construction, environmental services, industrial services, or another project-based business is preferred.

About the Company

Loureiro Engineering Associates, Inc.

Integrated engineering, environmental, and construction services

Loureiro Engineering Associates, Inc. provides integrated engineering, environmental, and construction services to deliver superior project results and exceptional client experiences. They manage complex projects by applying technical skills with a strong emphasis on client service, continuous learning, and accountability. Their process combines engineering, environmental, and construction capabilities with a culture in which every employee is an owner, inspiring ownership, accountability, and proactive problem-solving. Compared with competitors, Loureiro focuses on taking the reins, navigating bumps, and responding faster and more completely to client needs, aiming to exceed expectations and deliver projects that benefit clients, stakeholders, and communities. The company’s goal is to deliver ingenuity and flexibility that translate into measurable project success and an outstanding client experience across its breadth of services.

Company size
51-200
Company stage
Not listed
Total funding
Not listed
Headquarters
Plainville, CT
Founded
1975

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