• 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 1. 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. 3. 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. 4. 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.