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Corporate Risk Director

Corporate Risk Director

BNBuildersSan Diego, CA, United States
2 days ago
Job type
  • Full-time
Job description

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Collaborative people. Progressive builders.

Collaborative people. Progressive builders. Consistently recognized as a best workplace, and for our commitment to safety, sustainability, and community partnerships, BNBuilders hires the very best in the construction industry and strives to create an environment that encourages innovation, responsibility, and client satisfaction. If you are looking to be a part of an open, supportive team and receive exciting challenges that promote personal and professional growth, look no further than BNBuilders!

Job Summary

The Corporate Risk Director (CRD) is responsible for identifying, analyzing, and mitigating contractual and insurance issues that may negatively affect BNBuilders' operation and financial performance. The CRD is accountable for the process by which subcontract, material purchase, and other vendor agreements are issued and ultimately executed and assists with the prime contracting process. The role is also accountable for monitoring and enforcing compliance with all subcontractor and owner insurance requirements; the issuance of performance and payment bonds; the issuance of lien and stop notice release bonds; and other related duties in support of both operational and legal matters. Additionally, the CRD is involved with the company's Subcontractor Default Insurance program and works with our regional leadership teams to maximize enrollment; works to continuously improve the subcontracting and insurance compliance process; provides internal education and training and works in consultation and collaboration with the Chief Operations Officer, General Counsel, Chief Financial Officer, Regional Business Leads and others in carrying out the duties and responsibilities of the role.

Salary range : $175,000.00 - $225,000.00 annually (companywide)

Benefits

  • Group medical, vision and dental insurance including a choice of two benefit plans – a PPO plan and a high deductible / Health Saving Account Plan with company contribution to HSA.
  • Company-paid Short- & Long-Term Disability plans, group Life Insurance, and AD&D plans.
  • Untracked / unmeasured vacation.
  • Sick Leave accrued at 1 hour of sick leave for every 30 hours worked with a carryover of 80 hours.
  • 9 paid Holidays each year.
  • Paid Parental Leave.
  • Annual Discretionary Bonus based on company profitability and your manager’s assessment of your performance.
  • A 401(k) savings plan with company match details described in the text.
  • Employee Stock Ownership Plan (ESOP) with eligibility after 1 year of service (100% company funded).
  • Vehicle / vehicle allowance, fuel card, and toll pass.

Job Responsibilities

  • Embodies and reinforces company core values and desired culture and helps to ensure our culture thrives during growth.
  • Collaborate with senior leadership to understand the organization's goals and strategies as it relates to contracts and risk.
  • Maintain knowledge of industry trends and legislation to ensure company's compliance.
  • Oversees the Contracts Manager who is responsible for the issuance of subcontract and other vendor agreements across the company.
  • Provides leadership and management to Risk Team - Risk Coordinators and Contract Administrators.
  • Monitors subcontractor insurance compliance and addresses non-compliance with the Regional Operations Director.
  • Facilitates Prime Contract Insurance requirements review and issuance of a compliant Certificate of Insurance from broker.
  • Prepare Prime Contract Agreements (when requested) for review by the Regional Leadership Team.
  • QC check prime contracts prior to execution.
  • Digitally archive all executed Prime Contracts and Owner Change Orders.
  • Supports Regional Leadership Teams in negotiating MSAs and other contract types with Subcontractors, suppliers, and other professional services.
  • Manages Subcontractor Default Insurance program including project enrollment, subcontractor prequalification, and quarterly reporting.
  • Supports the renewal of BNB's Insurance coverage with assistance from CFO and ultimately makes recommendations to leadership.
  • Instates and administers a subcontractor prequalification program for all subs, even those not enrolled in SDI.
  • Responsible for procuring Bonds and Surety.
  • Works with General Counsel and COO to ensure Subcontractor and Design Consultant agreements comply with applicable state statutes.
  • Custodian of all BNB template / specimen contracts.
  • Works with preconstruction groups to prepare bid packages with all attachments and other documents that will apply.
  • Captures and tracks KPI's and metrics to support subcontracting process and compliance with insurance.
  • Supports company efforts to increase participation from Disadvantaged Businesses.
  • Tracks major subcontractor utilization for each region.
  • Responsible for organizing negotiated Prime and Subcontract MSA's and Labor Agreements in an accessible way for project teams.
  • Builds and nurtures strong relationships with business leaders and stakeholders to drive Contract and Risk initiatives.
  • Other duties as assigned.

    • Qualifications

  • Bachelor's degree in construction management or construction science. JD is not required but is desirable.
  • Ten (10) years of experience as a construction risk manager; construction project manager; construction attorney or paralegal, and / or construction insurance professional.

    • Physical Demands : The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this position, the employee is frequently required to sit, communicate, reach and manipulate objects, tools or controls. The position requires mobility. Duties involve moving materials weighing up to 10 pounds on a regular basis and up to 25 pounds on an occasional basis. Manual dexterity and coordination are required over 50% of the work period while operating equipment such as computer keyboard, mouse, calculator and similar machines.

    Work Environment : The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. BNBuilders believes in collaboration, team building, and a strong supervisor / employee relationship. To accomplish this, the duties of this role are not performed in a remote capacity, and we expect that all employees will complete work in an office / job site setting. This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

    Our Commitment to Inclusion

    BNBuilders is committed to fostering, cultivating, and preserving an inclusive culture centered on our individual uniqueness. Our people are the most valuable asset we have. We are working towards making lasting changes to have a workplace where everyone feels safe and has a sense of belonging.

    Note : BNBuilders retains the discretion to add to or change the duties of this position at any time.

    Seniority level

  • Director

    • Employment type

  • Full-time

    • Job function

  • Finance and Sales
  • Industries
  • Construction

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    Director Risk • San Diego, CA, United States