Risk Analyst

Jacobs Engineering Group Inc.; Toronto; Hybrid; CAD 75,000 - 115,000; Full time

Job summary

Jacobs Engineering Group Inc. in Toronto is seeking a Risk Analyst to join a growing team. The role focuses on managing program risk, performing CSRA, and applying advanced risk modelling to support major construction projects.

A hybrid work model is offered with in-office two days per week. The ideal candidate has 2+ years in risk management or 7+ years of related experience, strong communication and collaboration skills, and familiarity with risk methodologies across engineering, operations,

Qualifications

• Bachelor's degree in Construction Management, Engineering, Architecture, or related field.
• At least 2 years in risk management, or 7+ years in lieu of a degree.
• Experience with project controls (estimate/cost and schedule).
• Knowledge of risk methodologies and tools; collaboration with Engineering, Operations and Procurement.
• Strong networking and client relationship-building capabilities.

Responsibilities

• Support the overall goals and priorities of the Risk Management team.
• Manage program/project risk for specific clients including CSRA (Cost and Schedule Risk Analysis).
• Perform complex commercial and financial risk analysis/modelling to aid client decisions on major construction.
• Utilize AI tools to enhance delivery and efficiency.
• Lead risk reviews; apply Monte Carlo analysis and advise on mitigation actions and costs.

Skills

Risk analysis

Monte Carlo analysis

Project controls

Data-driven decision making

Team collaboration

Education

Bachelor's degree in Construction Management, Engineering, Architecture, or related field

Job description

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good.

Your impact

We're seeking a talented Risk Analyst to join our growing, dynamic team in Toronto. We'll lean on you for demonstrated strong teamwork skills, communication skills, quality discipline, workload awareness, and commercial/financial acumen. To be successful in this role, you'll have the ability to work a Hybrid model coming in two days a week at our assigned Jacobs office nearest you across the United States.

Key Responsibilities

• Support the overall goals and priorities of the Risk Management team.
• Manage program/project risk for specific clients including Cost and Schedule Risk Analysis (“CSRA”).
• Perform complex commercial and financial risk analysis/modelling enabling clients to make informed decisions for major construction.
• Utilize advance Artificial Intelligence (“AI”) tools to enhance delivery and increase efficiency.
• Lead and participate in regular risk reviews to identify, capture, and sanction risks, able to apply advance Monte Carlo analysis to inform and recommend appropriate mitigation actions and financial impacts.
• Manage the assessment, evaluation, prioritization, and update of risks for several Programs or Projects. Monitor and measure the associated mitigation actions to prevent risk occurrence.
• Conduct risk assessment workshops and training with the project teams and program departments, identify and define risks, evaluate potential impact, and develop effective risk mitigation measures to diminish potential budget and schedule impacts to projects or the program.
• Define risk management framework (policy, strategy, plan), establish risk management process, and organize risk management resources with leadership support.
• Direct and review the cost of mitigation action, budget and actual (both in the risk register and work breakdown structure) and evaluate risks to ensure the Program or Project contingency reserve value is accurate and rigorous cost controls are applied. Perform cost / benefit analysis against contingency reserve actions.
• Prepare weekly, monthly, semi-annual, and annual reports for risk data, and conduct multiple Risk Assessment Briefings for client and program management.
• Engage in performing QA/QC tasks for all client deliverables including completion to QA/QC logs.
• Effective team communication, running regularly scheduled team meetings, and ensuring cross project alignment.

Bring your curiosity, passion for innovation, and talent for multi-tasking in a fast-paced environment. We’ll help you grow, pursue and fulfill what inspires you – so we can make big impacts on the world, together.

Here’s what you’ll need

• Bachelors degree in Construction Management, Engineering, Architecture, or related field.
• At least 2 years in risk management, or similar role, or 7+ years of related industry experience in lieu of Bachelors degree.
• Experience or vast understanding of Project Controls (estimate/cost and schedule).
• Excellent knowledge of risk methodology and tools, knowledge of key functional disciplines including Engineering, Operations and Procurement.
• Effective & persuasive in building a network of contacts, creating strong relationships with performing functional areas and clients.

Ideally, you’ll also have

• Experience working on major construction projects/programs.
• Excellent analytical, organizational, interpersonal, verbal, and written skills.
• Familiarity with IOS 31000 or similar standards, although not a requirement.

#LI-ID1

The base salary range for this position is $75,000.00 to $115,000.00. This range reflects the minimum and maximum target for new hire salaries for the position across Ontario, Canada locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. This job posting is for an existing vacancy.

At Jacobs, we use AI-driven recruitment to match top talent with opportunity—however, human connection and fairness remain at the heart of every hiring decision.

Jacobs welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request an accommodation, please select here .

We value collaboration and believe that in‑person interactions are crucial for both our culture and client delivery. We empower employees with our hybrid working policy, allowing them to split their work week between Jacobs offices/projects and remote locations enabling them to deliver their best work.

Your application experience is important to us, and we’re keen to adapt to make every interaction even better. If you require further support or reasonable adjustments with regards to the recruitment process (for example, you require the application form in a different format), please contact the team via Careers Support .