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Risk Qualification Analyst

Power Construction Company
Chicago, IL, United States
Full-time

DEPARTMENT OVERVIEW

As Power Construction Company, LLC ("Power") explores new markets and different geographies, complexities are increasing, and risk elements are changing.

At the same time, Power is developing its next generation of leaders. Empowering this generation with risk knowledge is a key imperative for Power's continued success.

The risk management team provides Power and its companies a unique strategic advantage by expertly navigating risk complexities and helping create a generation of leaders well-versed in risk management.

POSITION OVERVIEW

The Risk & Qualification Analyst provides direct support to the VP of Risk Management by overseeing the company's subcontractor prequalification program and subcontractor default insurance.

The Risk company's internal and external partners. The Risk & Qualification Analyst will serve as an internal business partner by developing productive business relationships;

using information to understand internal business partners' expectations, needs, and circumstances; and anticipating and recognizing issues / problems and responding quickly.

RESPONSIBILITIES

SUBCONTRACTOR QUALIFICAITON

Management and administration of the company's subcontractor qualification program :

  • Monitor and review qualification workflows.
  • Assist the onboarding of subcontractors to obtain all necessary documentation required for the qualification process.
  • Provide support to subcontractors in completing their qualification via self-service questionnaire.
  • Assess and analyze financial, safety and insurance documents submitted via the self-service questionnaire.
  • Assess and apply proper risk mitigation techniques.
  • Communicate qualification concerns to senior management and project teams.
  • Monitor subcontractor's prequalification limits, approval status, and adherence to any risk mitigation plans.
  • Coordinate qualification meetings and track risk mitigation measures.
  • Learn and utilize technology used in tracking compliance, following established review processes.

CONTRACT ADMINISTRATION

Assist in the administration and issuance of subcontracts and corporate compliance programs

Collaborate with the Contract and Compliance Analyst in the issuance of subcontract agreements and administrating the company's various administrative compliance programs.

QUALIFICATIONS

  • Bachelor's degree with a focus in business
  • Analysis and reporting skills
  • Attention to detail
  • Communication, both written and verbal, to various levels within the organization while using discretion with confidential information
  • Proficient with Microsoft Suite and easily adaptable to other in-house software applications
  • Ability to learn and acquire specialized knowledge related to performance of job duties and accomplishment of department and corporate goals

Power Construction is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

Power Construction is committed to increasing opportunities for historically disadvantaged workers (including women and members of disproportionately affected racial and ethnic groups), as well as residents of marginalized communities.

16 days ago
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