Capital Project Risk Management Specialist

Infrastructure Ontario; Toronto; On-site; CAD 105,000 - 116,000; Full time

Benefits offered by this job

Pension plan

Health & dental coverage

Parental leave top-up

Healthcare Spending Account

Wellness benefits

Professional development

Job summary

Infrastructure Ontario (IO) is seeking a Capital Project Risk Management Specialist to drive risk management across its capital portfolio and promote best practices. You will develop risk registers, perform quantitative analyses, and work with delivery teams to mitigate risks.

The role requires a university degree and several years in risk management or project controls, with experience in cost/schedule analyses and dashboards. IO offers extensive benefits and a central Toronto location.

Qualifications

• University degree in engineering or related discipline.
• Several years in project controls, risk management or infrastructure delivery.
• Experience facilitating risk assessments and maintaining risk registers.
• Knowledge of quantitative cost/schedule risk analysis methods and tools.
• Familiarity with cost management, scheduling, forecasting and change management.
• Experience preparing reporting and dashboards for decision-making.
• Strong analytical, problem-solving and stakeholder-management skills.
• Ability to influence project teams across disciplines.
• Experience with QCRA, QSRA or ARM is an asset.

Responsibilities

• Facilitate project-level risk assessments across assigned projects.
• Develop and monitor project risk registers throughout the lifecycle.
• Conduct quantitative risk analysis for cost and schedule risk.
• Manage risk management systems and databases.
• Prepare risk reports, metrics and analyses for governance.
• Collaborate with delivery teams and stakeholders to mitigate risks.
• Deliver risk management training and guidance.
• Support continuous improvement of risk processes and tools.

Skills

Risk management

Stakeholder management

Facilitation

QCRA/QSRA

ARM experience

Project controls

Cost management

Education

University degree in Engineering or related discipline

Tools

QCRA

QSRA

ARM

Job description

Infrastructure Ontario (IO), an Ontario crown corporation, provides a wide range of services to support the Ontario government’s initiative to modernize and maximize the value of public infrastructure and realty. IO has been recognized domestically and internationally for the way it does business and the success it has had with its major projects, real estate services, infrastructure lending, commercial projects, and development mandate. IO delivers some of the most complex, ambitious commercial and land development solutions for the Province and continues to evolve and expand its capabilities to maximize its public impact and deliver on its vision of creating a connected, modern and competitive Ontario.

Position Purpose

The Capital Project Risk Management Specialist supports the implementation and continuous improvement of risk management practices across Infrastructure Ontario's capital project portfolio. The role facilitates project-level risk assessments, manages risk registers and reporting, conducts quantitative risk analysis, and works closely with project delivery teams to identify, assess, and mitigate project risks. The position promotes consistent application of risk management frameworks, tools, and best practices across a variety of asset classes and delivery models.

What You Will Do

• Facilitate project-level risk assessments and support the implementation of risk management processes across assigned projects.
• Develop, maintain, and monitor project risk registers, ensuring risks are accurately identified, assessed, and managed throughout the project lifecycle.
• Conduct quantitative risk analysis for project cost and schedule risks and support contingency planning, forecasting, and reporting activities.
• Manage and maintain risk management systems and databases, ensuring timely, complete, and accurate project information.
• Prepare project risk reports, metrics, and analyses to support decision-making and project governance.
• Collaborate with project delivery teams, project controls professionals, technical specialists, and external stakeholders to support proactive risk identification and mitigation strategies.
• Deliver risk management training, workshops, and guidance to promote consistent application of risk management frameworks and practices.
• Support continuous improvement initiatives related to risk management processes, tools, reporting, and analytics.

Who You Are

• University degree in Engineering, Construction Management, Project Management, Business, Finance, Economics, or a related discipline an asset.
• Several years of experience in project controls, risk management, infrastructure delivery, construction, engineering, or a related environment.
• Experience facilitating risk assessments and maintaining project risk registers within complex project environments.
• Knowledge of quantitative cost and schedule risk analysis methodologies and associated software tools.
• Familiarity with project controls disciplines such as cost management, scheduling, forecasting, and change management.
• Experience preparing project reporting, dashboards, and analytical materials to support decision-making.
• Strong analytical, problem-solving, facilitation, and stakeholder management skills.
• Ability to influence project teams and build collaborative relationships across multiple disciplines.
• Experience with Quantitative Cost Risk Analysis (QCRA), Quantitative Schedule Risk Analysis (QSRA), Active Risk Manager (ARM), or similar risk management applications is considered an asset.

What We Offer

• Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve.
• A Defined Contribution Pension Plan, with Infrastructure Ontario contributing the equivalent of 5% of a full-time employee’s annual salary and will also match any employee contribution up to an additional 5% of their annual salary. To provide further options for planning and saving for the future, IO offers a Group Retirement Savings Plan and Group Tax Free Savings Account to eligible employees.
• A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
• A pregnancy and parental leave program that offers expecting, eligible employees a top-up to 95% of their annual base salary for 31 weeks, and our parental leave program offers eligible employees a top-up to 95% of their annual base salary for 15 weeks.
• Access to our $1000 Healthcare Spending Account to top up expenses not covered in the benefits program and a Lifestyle Account that expands the eligibility of health and wellness options and can include coverage for gym memberships and fitness equipment, nutrition counselling or financial planning.
• Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues’ well‑being. IO will also cover the costs associated with up to two membership and licence fees per year for eligible colleagues if directly related to the employee’s role.
• Access to a suite of virtual healthcare options to support non-urgent medical needs
• A convenient, central location at 1 Dundas St West, easily accessible by public transit.

We offer a competitive hiring range of $105,100 to $116,200 (PM2 level), pay will align with skills, knowledge and experience of the candidate.

This posting will close on October 2, 2026 at 11:59 pm.

Interviews will occur on a rolling basis until the role is filled.

Candidates of any race, gender, sexual orientation, ability, religion, place of origin or any other community are encouraged to apply, and their lived experience will be taken into consideration as applicable to the posted position.

At Infrastructure Ontario, we use AI in our applicant tracking system to improve the efficiency and fairness of recruitment. Your application will be reviewed by both AI and our hiring team for a thorough evaluation. Please note that final hiring decisions are made solely by our experienced hiring team.