Risk Analyst, Transit/Rail

Jacobs; Toronto; Hybrid; CAD 90,000 - 135,000; Full time

Job summary

Jacobs is seeking a Risk Analyst to join a major Transit/Rail Program in Toronto. You will identify, analyze, monitor, and report project risks across a complex infrastructure program, collaborating with controls, scheduling, cost management, and engineering teams to ensure effective risk management throughout the lifecycle.

The role requires 5+ years in risk management, experience with large capital projects, and strong analytical skills using Excel and Power BI.

Qualifications

• Minimum 5 years of experience in project risk management or related fields.
• Experience with large-scale infrastructure or capital programs such as transit or rail.
• Proficiency in risk assessment methods (qualitative & quantitative).
• Advanced Excel and BI tool proficiency (Power BI).
• Experience with ARM, Primavera Risk Analysis or similar software.

Responsibilities

• Facilitate risk workshops with project teams and stakeholders.
• Maintain the project risk register in ARM or equivalent system.
• Support qualitative and quantitative risk analyses including cost and schedule risk.
• Contribute to risk modeling and Monte Carlo simulations to assess contingencies.
• Prepare risk reports and dashboards for leadership and client reporting.

Skills

Risk management

Data analysis

Excel

Power BI

Education

Bachelor's degree in Engineering/Project Management/Construction Management/Business/Risk Management

Tools

Active Risk Manager

Primavera Risk Analysis

Safran Risk

Primavera P6

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

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. We're creating innovative solutions to make the world smarter, more connected, and more sustainable.

Our business provides planning, engineering, architectural, construction management, and program management services for some of the world's most complex projects. We partner with public and private sector clients to deliver solutions that improve mobility, enhance communities, and create lasting value.

We are currently seeking a Risk Analyst to join our team supporting a major Transit/Rail Program in Toronto. In this role, you will play a key part in identifying, analyzing, monitoring, and reporting project risks across a complex infrastructure program. Working closely with project controls, scheduling, cost management, engineering, and delivery teams, you will help ensure effective risk management practices are implemented throughout the project lifecycle.

As a Risk Analyst, you will support the development and implementation of project risk management processes and contribute to informed decision-making through quantitative and qualitative risk assessments.

Key Responsibilities Include

• Facilitate risk identification workshops with project teams, clients, consultants, contractors, and key stakeholders.
• Maintain and administer the project risk register within Active Risk Manager (ARM) or equivalent risk management software.
• Ensure risk data quality, consistency, and completeness across assigned project scope.
• Support qualitative and quantitative risk analysis activities, including cost and schedule risk assessments.
• Assist with Monte Carlo simulations and risk modeling to evaluate project uncertainties and contingency requirements.
• Monitor risk mitigation strategies and track implementation progress.
• Prepare risk reports, dashboards, and presentations for project leadership and client reporting requirements.
• Support periodic risk reviews and risk governance activities in accordance with approved Risk Management Plans.
• Collaborate closely with project controls, scheduling, estimating, commercial, engineering, and construction teams to validate risk assumptions.
• Contribute to the continuous improvement of risk management processes, procedures, and tools across the program.
• Support the Program Risk Director and project leadership in maintaining compliance with contractual and organizational risk management requirements.

Here’s what you’ll need

• Bachelor's degree in Engineering, Project Management, Construction Management, Business, Finance, Risk Management, or a related discipline.
• Minimum 5 years of experience in project risk management, project controls, project management, or major infrastructure delivery environments.
• Experience supporting large-scale infrastructure, transit, rail, transportation, utilities, or major capital projects.
• Knowledge of project risk management principles, methodologies, and industry best practices.
• Experience using Active Risk Manager (ARM), Primavera Risk Analysis, Safran Risk, or similar risk management software.
• Experience performing qualitative and quantitative risk assessments, including cost and schedule risk analysis.
• Strong analytical and problem-solving skills with the ability to interpret complex project data and provide actionable insights.
• Advanced proficiency with Microsoft Excel, Power BI, and Microsoft Office Suite.
• Excellent written and verbal communication skills with the ability to facilitate workshops and engage effectively with diverse stakeholders.
• Ability to work collaboratively within multidisciplinary project teams in a fast-paced environment.

Ideally, You’ll Also Have

• Experience supporting major transit, rail, transportation, or public infrastructure programs.
• Working knowledge of Primavera P6 scheduling software.
• Understanding of cost estimating, project controls, forecasting, and earned value management principles.
• PMI-RMP, PMP, AACE, or other recognized risk/project management certifications.
• Experience working within owner, consultant, or program management organizations on large capital programs.

Posted Salary Range Minimum

90,000.00

Posted Salary Range Upper

135,000.00

The base salary range for this position is $90,000.00 to $135,000.00. 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.