Risk Cost Analyst

Noble Hearts HR Consulting Inc.; Sacramento (CA); On-site; USD 80,000 - 110,000; Full time

Job summary

Noble Hearts HR Consulting & Staffing seeks a Risk Cost Analyst for ongoing infrastructure programs in Sacramento, CA. The role provides analytical and administrative support to risk and cost management within the Project Controls and Project Financial office.

Responsibilities include gathering data for risk/cost assessments, monitoring cost drivers, performing cost modeling and scenario analyses, and preparing reports for senior analysts. Local candidates preferred; on-site work required.

Qualifications

• Bachelor's degree in Finance, Business, Construction Management, Engineering, or related field plus 3–5 years in risk/cost roles.
• Familiarity with risk management and cost analysis concepts.
• Strong organizational, communication, and analytical skills.
• Ability to work collaboratively with cross-functional teams and follow established procedures.
• Experience with large-scale infrastructure projects preferred.

Responsibilities

• Assist in gathering data for risk and cost assessments across project processes.
• Support monitoring of project cost drivers, market factors, and external conditions affecting budgets and risk exposure.
• Perform preliminary analyses using qualitative and quantitative methods, including cost modeling and scenario analysis.
• Assist in integrating risk findings into cost estimates, forecasts, and contingency planning efforts.
• Support the development and tracking of risk mitigation strategies with project controls, estimating, and scheduling teams.
• Prepare draft reports, presentations, and summaries for review by senior risk and cost analysts.
• Maintain organized records of risk registers, cost assessments, and supporting documentation.
• Provide general administrative and analytical support to ensure consistency and accuracy in risk and cost management processes.

Skills

Organizational skills

Communication skills

Analytical skills

Risk management concepts

Cost analysis concepts

Education

Bachelor's degree in Finance/Business/Construction Management/Engineering

Tools

Excel

@Risk

Primavera Risk Analysis

Job description

Risk Cost Analyst

Industry: Infrastructure | Construction | Engineering
Location: Sacramento, California
Work Arrangement: On- Site
Employment Type: Full-Time
Compensation: Competitive | Based on Experience

Build Your Career on California's Largest Infrastructure Projects

Noble Hearts HR Consulting & Staffing is proactively building a talent pipeline for upcoming Risk Cost Analyst opportunities with a leading infrastructure consulting organization. These positions will support major transportation and public infrastructure programs alongside engineering, construction management, and project delivery teams.

We anticipate multiple openings over the coming months and are seeking highly organized professionals who thrive in fast-paced project environments and are passionate about delivering accurate, compliant, and efficient document management.

Position Summary

The Risk Cost Analyst position sits within the Project Controls and Project Financial office. This role provides analytical and administrative support to the risk and cost management functions of the Program. The Risk Cost Analyst assists in collecting data, performing risk and cost analyses, preparing reports, and maintaining documentation to ensure effective monitoring and management of risks and associated costs.

Key Responsibilities

• Assist in gathering data for risk and cost assessments across project processes
• Support the monitoring of project cost drivers, market factors, and external conditions that may affect budgets and risk exposure
• Perform preliminary analyses using established qualitative and quantitative methods, including cost modeling and scenario analysis
• Assist in integrating risk findings into cost estimates, forecasts, and contingency planning efforts
• Support the development and tracking of risk mitigation strategies in collaboration with project controls, estimating, and scheduling teams
• Prepare draft reports, presentations, and summaries for review by senior risk and cost analysts
• Maintain organized and up-to-date records of risk registers, cost assessments, and supporting documentation
• Provide general administrative and analytical support to ensure consistency and accuracy in the risk and cost management processes

Qualifications

Required

• Bachelor's degree in Finance, Business, Construction Management, Engineering, or related field plus 3-5 years of experience in risk, cost, or project support roles
• Familiarity with risk management and cost analysis concepts
• Strong organizational, communication, and analytical skills
• Ability to work collaboratively with cross-functional teams and follow established procedures

Preferred

• Experience supporting large-scale projects or infrastructure programs
• Familiarity with risk and cost management tools (e.g., Excel, @Risk, Primavera Risk Analysis)
• Ability to manage multiple tasks, prioritize work, and meet deadlines

Location Requirements

Candidates should:

• Candidates should be local to the area.

Why Join This Opportunity?

• Work on some of California's most impactful infrastructure projects.
• Collaborate with industry-leading engineering and construction professionals.
• Support projects that improve transportation, mobility, and public infrastructure.
• Join an organization committed to operational excellence and continuous improvement.
• Advance your career within a dynamic, collaborative project environment.

Why Noble Hearts HR Consulting & Staffing?

At Noble Hearts HR Consulting & Staffing, we connect exceptional professionals with organizations shaping the future of infrastructure, engineering, and construction. Our personalized recruiting approach focuses on matching top talent with meaningful career opportunities that support long-term success.

Equal Employment Opportunity

Noble Hearts HR Consulting & Staffing and our client are Equal Opportunity Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other status protected under applicable federal, state, or local law.

Hashtags

#RiskCostAnalyst #CostRiskAnalysis #CostEngineering #RiskManagement #CostEstimation #QuantitativeRiskAnalysis #CostControl #ProjectControls #ConstructionRisk #ProjectCostManagement #CostForecasting #ScheduleRiskAnalysis #InfrastructureProjects #CapitalProjects