05 Nov
|
Larsen and Toubro
|
Kurla
05 Nov
Larsen and Toubro
Kurla
• 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
• 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.
• 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.
• 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.
📌 Manager - Corporate Risk Management (Kurla)
🏢 Larsen and Toubro
📍 Kurla