Project Manager - Commercial Risk

Role Summary The Project Manager - Commercial Risk supports project teams throughout the project lifecycle by identifying, assessing, and mitigating commercial and contractual risks. This role provides guidance on contract interpretation, claims management, dispute avoidance, and commercial strategy to help protect Modern Niagara's interests while supporting successful project delivery. Why This Role Matters to Modern Niagara Commercial risk management is critical to delivering profitable, well-managed projects. This role helps project teams understand contractual obligations, maintain defensible positions, proactively manage and mitigate risk, and navigate complex commercial challenges. Through strong governance, risk assessment, and stakeholder collaboration, the Commercial Risk Manager helps minimize exposure while protecting project outcomes and supporting long-term business success. Key Impact / Purpose * Protect Modern Niagara's commercial interests through proactive risk identification, assessment, and mitigation. * Support project teams with contract interpretation, claims management, dispute avoidance, and entitlement preservation. * Strengthen commercial governance and adherence to corporate risk management policies. * Improve project outcomes by supporting informed decision-making throughout the project lifecycle. Duties and Responsibilities: * Identify, evaluate, and mitigate commercial and contractual risks throughout all stages of project delivery. * Provide interpretation of contract clauses and advise project teams on contractual rights, obligations, entitlements, and risk exposure. * Support project teams in maintaining robust project documentation to support claims, dispute resolution, and contractual positions. * Assist project teams in developing proactive claim avoidance strategies to minimize commercial exposure and maximize entitlement opportunities. * Support the VP, Risk Management with commercial risk initiatives and project advisory activities. * Participate in pre-award activities including contract reviews and risk allocation assessments. * Support Procurement and Legal teams in the review, drafting, and negotiation of subcontracts, Letters of Intent (LOIs), and Purchase Orders (POs). * Participate in and support Project Advisory Committees in the assessment, monitoring, and mitigation of risk. * Monitor adherence to corporate risk management policies, procedures, and governance requirements. * Support claims management, dispute avoidance, dispute resolution, and schedule-related commercial matters, including extension of time (EOT) considerations. * Provide commercial guidance and support to project teams on major infrastructure, ICI, and alternative delivery projects. * Build collaborative relationships with project stakeholders to promote early identification and resolution of commercial issues. Must Haves: * 7+ years of experience supporting large, complex infrastructure, industrial, commercial, or institutional construction projects. * Experience working within a general contractor, mechanical contractor, or major project environment. * Strong understanding of contract administration, commercial risk management, and project governance. * Experience reviewing and interpreting construction contracts and commercial agreements. * Knowledge of claims management, dispute avoidance, dispute resolution, and schedule-related risk management. * Strong analytical and problem-solving skills, with the ability to assess complex commercial issues and develop practical solutions. * Experience supporting project teams through multiple phases of the project lifecycle. * Strong written and verbal communication skills, including the ability to prepare and review formal project correspondence. * Ability to manage multiple priorities while maintaining a high level of accuracy and attention to detail. * Strong stakeholder management, negotiation, and relationship-building skills. Nice to Haves: * Bachelor's degree in Engineering, Construction Management, Quantity Surveying, Finance, Business, or a related discipline. * Experience with major infrastructure, P3, Design-Build, or Progressive Design-Build projects. * Experience within the mechanical contracting industry. * Professional designation such as P.Eng., PMP, PQS, MBA, or equivalent combination of education and experience. * Experience participating in project advisory, governance, or risk review committees. * Advanced knowledge of schedule management, extension of time (EOT) analysis, and entitlement assessments. * Experience supporting procurement, subcontract negotiation, and contractual risk allocation strategies. This is a new position. Expected annual compensation; $105,000 - $125,000. Modern Niagara offers a competitive total compensation package including: * Performance based bonus opportunities. * Defined Contribution Pension Plan with a generous employer contribution. * Flexible Health and Dental benefits with tiered options to meet the needs of you and your family. * An annual health spending account to support your overall wellness. * 24/7 confidential support through our Employee and Family Assistance Program with access to comprehensive resources and professional services. * A competitive vacation package with additional vacation granted throughout your tenure with the organization. * Employer Paid Parental Leave Top Up. * Annual Community Day dedicated to volunteering and giving back to the communities where we live and work. * Corporate Discounts through various vendors across Canada for programs such as fitness, mobile phones, travel, home and auto insurance and many others. * Here at Modern Niagara, because we know our people are the best in the industry, we pride ourselves on providing a total compensation package that rewards employees for their hard work and supports employees and their families in their overall wellbeing. About Modern Niagara Who We Are Modern Niagara helps building owners, managers, and general contractors meet the mechanical, electrical, integrated building technology, and building services needs of their buildings across Vancouver, Calgary, Edmonton, Toronto, Southwestern Ontario, and Ottawa. We are committed to having a positive and meaningful impact on Canada’s infrastructure — and on the communities where we live, learn, work, and heal. We build for life. Our Culture & Values We value passion, initiative, determination, professionalism, and teamwork. Health and safety are embedded in everything we do, and our award-winning safety culture consistently performs well above industry standards. Diversity, Equity & Inclusion at Modern Niagara We are committed to building a diverse, equitable, and inclusive organization where everyone has access to opportunity, feels a sense of belonging, and can thrive. We actively work to remove barriers faced by members of equity-seeking groups (including women, Indigenous, Black, racialized, 2SLGBTQIA+ people, people with disabilities, and newcomers to Canada) in the construction industry. We encourage applications from candidates of all backgrounds and lived experiences and are committed to a barrier-free hiring process. If you require accommodation at any stage of the recruitment process, please contact us at [email protected] so we can make appropriate arrangements. We appreciate every applicant’s interest in joining Modern Niagara. Only those selected for an interview will be contacted.

The Project Manager - Commercial Risk identifies, assesses, and mitigates commercial and contractual risks throughout the project lifecycle. They provide guidance on contract interpretation, claims management, and dispute avoidance to protect the company's interests and ensure successful project delivery.

Candidates must have 7+ years of experience in large, complex construction projects and a strong understanding of contract administration and risk management. Proficiency in reviewing construction contracts and managing commercial disputes is essential for this role.

• Performance based bonus • Defined contribution pension plan • Flexible health and dental benefits • Annual health spending account • Employee and family assistance program • Vacation package • Employer paid parental leave top up • Annual community day • Corporate discounts

• Problem solvingPreferred

Identified from the job description. Confirm important requirements above.

• Contract administration
• Commercial risk management
• Project governance
• Claims management
• Dispute avoidance
• Dispute resolution
• Contract interpretation
• Risk assessment
• Stakeholder management
• Negotiation
• Relationship building
• Analytical skills
• Problem solving
• Construction project management
• Schedule management
• Project Documentation
• Business Success
• Industry Standards
• Quantity Surveying
• Professionalism
• Risk Mitigation
• Project Delivery
• Construction
• Management
• Decision Making
• Procurement
• Construction Management
• Contract Interpretation
• Contract Management
• Dispute Resolution
• Finance
• Governance
• Problem Solving
• Risk Management
• Project Management
• Project Governance
• Systems Development Life Cycle
• Project Stakeholders
• Purchasing
• Relationship Building
• Risk Analysis
• Safety Culture
• Stakeholder Management
• Verbal Communication Skills
• Collaboration
• Master Of Business Administration (MBA)
• Mitigation
• Teamwork
• Detail Oriented
• Mobile Phones

• Construction
• Management & Leadership
• Legal
• Engineering
• Finance & Accounting
• Commercial Risk Manager
• Project Manager (General)
• Management and Organization Analysts
• Project Management Specialists

Minimum education

Professional degree

Minimum experience

7+ years

Posting language

English

Working hours

40 hours per week