Project Risk Manager (West Alton)

Ameren Services Company; St. Louis (MO); Hybrid; USD 111,000 - 172,000; Full time

Benefits offered by this job

Medical coverage on date of hire

Cash balance pension plan

401(k) with company match

Minimum of 15 days paid vacation and

12 paid holidays

Paid parental leave and family careg

Flexibility with hybrid work schedule

Job summary

Ameren Missouri seeks a Project Risk Manager to own the end-to-end risk process for major capital projects. You will maintain the risk register, perform probabilistic cost/schedule analyses, size contingencies, and ensure robust risk governance and reporting to leadership.

You will lead a team, collaborate across Project Controls, Cost Engineering, and scheduling units, and mentor analysts while driving continuous improvement in risk management practices.

Qualifications

• Bachelor's degree in Engineering, Business, Construction Management, finance, or a related field.
• Eight years of experience in estimating, budgeting, forecasting, construction management, scheduling, and risk/management.
• Experience in project risk management or controls on large capital projects with quantitative cost/schedule risk modeling.

Responsibilities

• Lead the project risk management process for West Alton, maintaining the risk register and tracking mitigation.
• Provide leadership in quantitative cost and schedule risk analysis, including probabilistic modeling and Monte Carlo.
• Manage contingency sizing, drawdown tracking, and validation against risk profile and project changes.
• Collaborate with Project Controls, Cost Engineering, Planning/Scheduling, PM, and engineers to align risk data with reporting.
• Develop risk reporting dashboards and present top risks and mitigation progress to leadership.
• Mentor risk analysts and drive process improvements and governance practices.

Skills

Risk management

Project controls

Cost risk modeling

Monte Carlo analysis

Education

Bachelor's degree in Engineering, Business, Construction Management, finance, or a related field

Tools

Project controls software

Risk modeling software

Job description

About Ameren Missouri

Ameren Missouri has been providing electric and gas service for more than 100 years, and our electric rates are among the lowest in the nation. Ameren Missouri's mission is to power the quality of life for our 1.2 million electric and 132,000 natural gas customers in central and eastern Missouri. Our service area covers 64 counties and more than 500 communities including the greater St. Louis area.

Our benefits include:

• Medical coverage on date of hire
• 100% employer paid cash balance pension plan
• 401(k) with company match fully vested on date of hire
• Minimum of 15 days paid vacation and 12 paid holidays
• Paid parentalleave and family caregiver leave

Visit our Benefits & Perks Page for more information on benefits provided to regular full-time employees.

About The Position

The Project Risk Manager owns the risk-management process end-to-end - maintaining the risk register, running probabilistic cost and schedule modeling, and sizing and tracking contingency. Reporting to the Manager of Project Controls, the role ensures risks are identified, quantified, owned, and mitigated, and that contingency reflects a defensible view of exposure. The Project Risk Manager has ownership of the project risk methodology and tools and is accountable for the overall quality of the project's quantitative risk analysis.

Key responsibilities include:

• Lead the project risk management process for West Alton, including maintaining the risk register, facilitating regular risk reviews, assigning risk ownership, tracking mitigation actions, and ensuring risks are identified, assessed, quantified, and managed throughout the project lifecycle.
• Provide technical leadership and subject matter expertise in quantitative cost and schedule risk analysis, including probabilistic modeling, Monte Carlo analysis, contingency methodologies, and risk-adjusted forecasting.
• Manage project contingency by sizing, allocating, tracking drawdown, and validating assumptions against the current risk profile, project changes, and input from internal subject matter experts.
• Partner with Project Controls, Cost Engineering, Planning/Scheduling, the Project Manager, Project Director, Engineer of Record, and constructor counterparts to ensure risk, cost, schedule, and contingency data remain aligned and are reflected in project reporting.
• Develop and deliver risk reporting, dashboards, and recommendations for project leadership and governance groups, including clear triggers for action and visibility into top risks, contingency exposure, and mitigation progress.
• Lead, mentor, and provide technical direction to risk and controls analysts, including prioritizing work, evaluating technical proficiency, and recommending development opportunities to department leadership.
• Identify and implement process improvements, lessons learned, standards updates, and governance practices that strengthen risk management, cost/risk tracking, reporting accuracy, and compliance with Ameren and regulatory requirements.

Qualifications

• Bachelor's degree from an accredited college or university required. Bachelor's degree in Engineering, Business, Construction Management, finance, or a related field preferred.
• Eight years of relevant experience in estimating, budgeting, forecasting, construction management, project scheduling, risk analysis/management or project management is required.
• Experience must include project risk management or project controls on large capital projects, with hands-on quantitative cost and schedule risk modeling (e.g., Monte Carlo); power or non-lump-sum delivery experience preferred.

Important Location Information:

The work location and arrangement for this position will transition as follows:

• Upon hire: Hybrid work arrangement at the Ameren Development Resource Center (DRC), 11149 Lindbergh Business Ct., St. Louis, MO 63123, for approximately 18-24 months.

• Future state: Following this period, the position is planned to transition to the West Alton Energy Center, 8501 N State Route 94, West Alton, MO 63386-1009, as a full-time onsite position.

In addition to the above qualifications, the successful candidate will demonstrate:

Effective oral and written communication skills, the ability to adapt to multiple requests, and the ability to work in a team environment are preferred. Experience with standard office, financial, project controls, and risk/probabilistic modeling software is preferred, along with knowledge of contingency methodologies. Knowledge of power generation plant systems and corresponding maintenance, operations, and construction practices is preferred.

Additional Information

Ameren's selection process includes a series of interviews and may include an applicant assessment process. Specific details will be provided to qualified candidates.

Compensation Range:

$111,100.00 - $172,200.00

At Ameren, base salary is one component of a competitive compensation package for employees. Our pay ranges are broad to allow for movement within our organization and to accommodate different skill sets and levels of expertise. We take into consideration a variety of factors including, but not limited to, skills, abilities, experience, education, credentials, and internal equity when determining the base salary offered. Roles are eligible for additional rewards including annual incentive payments based on individual and company performance.

End date:

If end date is listed, the posting will come down at 12:00 am on that date:

Wednesday November 18, 2026

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ethnicity, age, disability, genetic information, military service or status, pregnancy, marital status, sexual orientation, gender identity or expression, or any other class, trait, or status protected by law.