Risk Management Specialist
$86.46k - $98.82kSTV
STV is seeking a highly analytical and proactive Risk Management Specialist to join our Project Controls team. This role is critical to supporting successful program and project delivery by identifying, assessing, and mitigating risks related to quality, schedule, and financial performance. The ideal candidate brings a strong foundation in construction risk management, advanced analytical capabilities, and the ability to translate complex risk data into actionable insights for project stakeholders. Key Responsibilities Risk Identification & Assessment Lead and facilitate structured risk identification workshops with project teams and stakeholders Utilize industry-standard tools and methodologies to identify and evaluate risks impacting project timelines, budgets, and quality Analyze project documentation, including schedules, contracts, and site conditions, to uncover vulnerabilities Perform cost and schedule uncertainty modeling, including Monte Carlo simulations, to evaluate potential variance from baseline assumptions Develop and maintain comprehensive risk registers and event models Risk Strategy & Policy Development Develop and implement Risk Management Plans (RMPs) aligned with project and program requirements Establish standardized risk management processes and frameworks to protect client interests Support continuous improvement of risk methodologies, tools, and reporting practices Collaboration & Stakeholder Engagement Partner with project managers, program leadership, and subject matter experts (SMEs) to ensure integrated risk management across all project phases Provide risk advisory support to project teams during planning, execution, and closeout Communication & Reporting Translate complex risk assessments into clear, actionable insights for project teams and leadership Prepare and present risk reports, dashboards, and executive-level summaries Facilitate risk review meetings with internal and client stakeholders Monitoring & Controls Continuously monitor projects for emerging risks and changing conditions Update risk mitigation strategies and response plans as needed Provide regular reporting on risk exposure, mitigation progress, and forecast impacts to senior leadership Required Qualifications Education: Bachelor's degree in Construction Management, Civil Engineering, or a related field required Experience: Minimum of 5 years of experience in project or program risk management within construction, infrastructure, or related industries Certifications: Risk Management Professional (RMP), Project Risk Management Professional (PRMP), or Decision & Risk Management Professional (DRMP) preferred Ability to obtain certification within six (6) months is strongly encouraged Key Skills & Competencies Analytical Expertise: Strong data analysis, modeling, and problem-solving capabilities, including quantitative risk analysis Technical Skills: Experience with risk modeling tools, schedule analysis, and cost forecasting methodologies Communication: Ability to distill complex risk concepts into clear, business-focused insights Collaboration: Proven ability to work effectively across multidisciplinary project teams Attention to Detail: Strong focus on accuracy, documentation, and process consistency Compensation Range: $86,464.77 - $98,816.88 Benefits Health insurance, including an option with a Health Savings Account Dental insurance Vision insurance Flexible Spending Accounts (Healthcare, Dependent Care and Transit and Parking where applicable) Disability insurance Life Insurance and Accidental Death & Dismemberment 401(k) Plan Retirement Counseling Employee Assistance Program Paid Time Off (starting at 16 days) Paid Holidays (9 days) Back-Up Dependent Care (up to 10 days per year) Parental Leave (up to 80 hours) Continuing Education Program Professional Licensure and Society Memberships #J-18808-Ljbffr
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