Commonwealth Holdings, Inc. is the parent company of three subsidiaries that deliver comprehensive electrical and technology solutions across multiple states. Commonwealth Electric Company of the Midwest provides full-service electrical contracting, Confluence Technology Group specializes in low-voltage systems and technology integration, and Rydalch Electric is a long-standing leader in Utah’s construction industry, offering electrical construction services for commercial, institutional, and industrial markets. Together, these companies operate across Arizona, Iowa, Nebraska, and Utah, serving diverse sectors with expertise and reliability.
With a Commitment to Excellence, Commonwealth uses a combination of disciplines, expertise, and our four core values (Customers, Employees, Character, and Mastery) to serve our customers with the highest quality of work. We employ hundreds of skilled employees nationwide, so if you are interested in becoming part of our team, keep on reading!
What We Offer:
Employee Ownership: As employee owners, a key component to our company culture is that every team member has a stake in our success. Your hard work directly contributes to the growth and prosperity of the company, and you share in the rewards.
Work-Life Balance: We understand how important work-life balance and personal wellbeing are, which is why we’re committed to fostering a supportive environment that prioritizes both—because when you thrive, we all do.
Benefits: Qualified employees are offered comprehensive and competitive benefits package to protect them and their families from the unknown.
Mentorship: Each new team member is paired with a mentor who provides guidance, support, and valuable insights throughout your onboarding experience and beyond.
Career Development: With access to continuous learning opportunities and training programs, you can advance your career and stay at the forefront of industry innovations.
Leadership Development: Whether you are just starting out or looking to take the next step in your career, we provide opportunities for leadership development to provide you the tools and support you need to succeed.
Position Summary: The Vice President of Risk Management will serve as a strategic leader responsible for overseeing all aspects of legal and contractual risk across the company’s contracting operations. This role will ensure that risk management practices align with the company’s business objectives and compliance requirements, while enabling growth and operational excellence. The VP will collaborate closely with executive leadership, operations, pre-construction, and legal teams to proactively identify, assess, and mitigate risks.
Key Responsibilities:
- Lead the review, negotiation, and redlining of customer, subcontractor, and vendor agreements.
- Develop and maintain standard contract templates and master service agreements.
- Ensure all contracts comply with company risk thresholds and legal standards.
- Advise project teams on claims, delays, and dispute resolution strategies.
- Coordinate with outside counsel on litigation and pre-litigation matters.
- Support documentation and evidence gathering for claims and legal proceedings.
- Develop and implement company-wide risk mitigation strategies and compliance policies.
- Monitor regulatory changes and ensure adherence to local, state, and federal laws.
- Lead internal audits and risk assessments related to construction operations.
- Educate and mentor project teams on contract terms, insurance provisions, and risk management best practices.
- Promote a culture of risk awareness and proactive issue resolution.
- Partner with Pre-Construction and Business Development teams to evaluate risks in new ventures and proposals.
- Provide executive leadership with regular reports on risk exposure and mitigation efforts.
- Demonstrate and uphold the company’s Core Values: Customers, Employees, Character, and Mastery
Required Qualifications:
- Strong understanding of construction law, insurance, indemnification, and dispute resolution.
- Proven ability to balance legal risk with business strategy in a fast-paced environment.
- Exceptional communication, analytical, and leadership skills.
- Ability to translate complex legal concepts into practical business guidance.
- Experience with enterprise risk management (ERM) systems.
- Familiarity with electrical contracting operations and project lifecycle.
- Certification in Risk Management (e.g., CRM, ARM) or Construction Safety (e.g., CHST, CSP) Preferred
Qualifications:
- Education: Juris Doctor (J.D.) required; active bar license preferred.
- Experience: Substantial experience in legal affairs, risk management, or contract negotiation, with at least 5 years in the construction or electrical contracting industry.
Commonwealth is an Equal Opportunity Employer. It is our policy not to discriminate against qualified applicants on the basis of race, religion, national origin, gender, gender identity, sexual orientation, veteran or disability status, or any other status covered under the Equal Employment Opportunity Act. Women and minorities are encouraged to apply.
