Risk Management Specialist
STV · New York, NY · 5 days ago
Finance$86k–$99k/yrFull-time
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
Pay & Benefits
Compensation Range: $86,464.77 - $98,816.88
STV offers:
- 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