Risk Management Specialist

Posted 23 Days Ago
Be an Early Applicant
2 Locations
In-Office
86K-99K Annually
Senior level
Professional Services
The Role
The Risk Management Specialist identifies, assesses, and mitigates risks in construction projects, facilitating workshops, developing management plans, and reporting insights to stakeholders.
Summary Generated by Built In

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

STV offers the following 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

STV is committed to paying all of its employees in a fair, equitable, and transparent manner. The listed pay range is STV’s good-faith salary estimate for this position. Please note that the final salary offered for this position may be outside of this published range based on many factors, including but not limited to geography, education, experience, and/or certifications.

Not sure this role is the perfect match? We encourage you to apply if STV’s work and values resonate with you. We know great candidates don’t always meet every qualification, and research shows women and people of color are less likely to apply unless they do. At STV, we believe strong talent comes from a wide range of backgrounds, and your skills and experience may align with this or another opportunity as we continue to grow.

Skills Required

  • Bachelor's degree in Construction Management, Civil Engineering, or a related field
  • Minimum of 5 years of experience in project or program risk management
  • Risk Management Professional (RMP), Project Risk Management Professional (PRMP) or Decision & Risk Management Professional (DRMP)

STV Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about STV and has not been reviewed or approved by STV.

  • Healthcare Strength Health coverage is described as comprehensive with multiple plan options and telehealth, and is often characterized as good to above average for an engineering/consulting firm. Benefits such as company-paid life/disability and FSAs further support the overall healthcare offering.
  • Retirement Support Offerings include a 401(k) with employer contributions and a discretionary annual contribution, aligning with a benefits package portrayed as competitive. Some indications suggest additional employer contributions may occur in certain years.
  • Parental & Family Support PTO, company holidays, paid parental leave, and resources like an Employee Assistance Program and backup childcare are presented as family-supportive elements. These components are frequently cited as positives within the overall package.

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The Company
HQ: New York, NY
3,050 Employees
Year Founded: 1912

What We Do

STV offers professional services for the infrastructure that powers our lives. We are experts in transportation systems, building design, water systems and other essential infrastructure. Harnessing national expertise to solve local challenges, STV works with public and private sector clients to make communities better – now and for the future. Our expertise includes architectural, engineering, planning, environmental, program and construction management (PM/CM) and advisory services.

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