Risk Manager

Risk Manager
Lead risk assessments, develop mitigation strategies, and create decision-ready insights for major capital projects.

Job #136951

Construction

Richmond, Virginia

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Talascend is currently seeking a Risk Manager for a contract opportunity with our client in Richmond, Virginia .


Overview


The Risk Manager leads the integrated project risk management program for a major capital project. The role involves establishing disciplined risk governance, maintaining alignment among risk registers, estimates, schedules, budgets, contingency and change processes, and converting risk information into decision-ready insights for leadership.


Responsibilities

• Develop and maintain the project Risk Management Plan in accordance with client work instructions and approval requirements.
• Lead cross-functional risk workshops and maintain the integrated Risk Register, including risk ownership, mitigation actions, due dates, residual exposure, and escalation status.
• Perform qualitative and quantitative cost and schedule risk assessments using three-point estimating, Monte Carlo simulation, sensitivity analysis, and scenario modeling.
• Develop confidence-based cost and schedule forecasts and assess contingency adequacy, forecast movement, and key risk drivers.
• Integrate risk outputs with project estimates, budgets, schedules, forecasts, change processes, and contingency accounts.
• Monitor mitigation effectiveness, challenge unsupported assumptions, and escalate material or overdue risks through project governance.
• Prepare risk dashboards, executive summaries, and decision-support materials for project reviews and stage-gate decisions.
• Coordinate with the Trend & Change Manager to maintain traceability when risks become trends or formal changes.

Qualifications

• Bachelor's degree in engineering, construction management, project management, business, finance or a related discipline.
• Minimum 15 years of relevant experience in project controls, project risk, cost/schedule risk analysis, or major capital projects.
• Demonstrated experience leading qualitative and quantitative risk processes on complex capital programs.
• Working knowledge of integrated cost, schedule, change, estimating, and contingency management processes.
• Hands-on experience with Monte Carlo simulation, three-point estimating, sensitivity analysis, and confidence-level forecasting.
• Ability to facilitate senior, cross-functional workshops and translate complex risk information into clear management decisions.
• Strong written communication, executive presentation, and stakeholder-management skills.

Preferred Qualifications

• Pharmaceutical, biotechnology, life sciences, or other regulated manufacturing capital-project experience.
• Owner's Representative, PMC, EPCM or IPMT delivery experience on projects exceeding $500 million TIC.
• Experience with Primavera P6, Oracle Primavera Risk Analysis, Safran Risk, Acumen Risk, EcoSys, change management system, Power BI or similar platforms.
• Professional certification such as PMI-RMP, AACE DRMP, PMP, CCP, PSP or equivalent.
• Experience supporting stage-gate and capital-funding governance.

Shift


This position is based on a standard working hours schedule. No additional shifts are specified.

We thank all applicants for their interest. However, only those qualified individuals who closely meet the qualifications of the position will be contacted. The details of the position are only a summary, other duties may be assigned as necessary.


Background Check and Drug Screen may be required.