Risk Manager

Lusternational; Sacramento (CA); On-site; USD 125,000 - 200,000; Full time

Benefits offered by this job

Unlimited flexible time off

Health, dental, and vision insurance

401(k) plan with guaranteed employer"s

Paid holidays

Paid parental leave

Job summary

Lusternational seeks a seasoned Risk Manager to support high-value heavy-civil infrastructure programs, including highways, bridges, and transit. You will manage risk registers, quantify cost and schedule exposure, and set contingency positions for funding agencies and boards.

Ideal candidates have 10+ years in risk management on large-scale projects, with proficiency in CPM scheduling, Monte Carlo analyses, and industry-standard tools.

Qualifications

• Bachelor’s degree in civil engineering, construction management, or related field, or equivalent.
• 10+ years of risk management experience for large, complex heavy-civil projects.
• Experience running quantitative cost and schedule risk analysis and deriving contingencies.
• Working knowledge of CPM scheduling and cost forecasting to test exposure in the risk register.

Responsibilities

• Develop and maintain the program’s risk management plan, process, and governance.
• Facilitate risk workshops with staff, designers, and contractors and maintain the risk register.
• Quantify cost and schedule exposure through Monte Carlo or similar simulations and make contingency recommendations.
• Analyze baseline schedules for logic, calendar, and float; verify exposure aligns with risk register.
• Track mitigation actions and ensure timely closure by owners.
• Evaluate change proposals and time impact analyses for program exposure and support negotiations.
• Review risk allocation in procurement and contracts to assign risks appropriately.
• Reconcile risk position with forecasts and changes; report exposure via dashboards and briefs.
• Coordinate risk across third-party interfaces and active facilities.
• Prepare risk and contingency sections for funding submittals and board packages.
• Calibrate models with actual outcomes and benchmarks, improving the risk process.

Skills

CPM scheduling

Cost forecasting

Quantitative risk analysis

Monte Carlo simulation

Primavera P6

Primavera Risk Analysis

Deltek Acumen Fuse

@Risk

Power BI

Microsoft Office

Education

Bachelor’s degree in civil engineering or related field

Master’s degree in civil engineering/construction management (preferred)

Tools

Primavera Risk Analysis

Deltek Acumen Fuse

@Risk

Primavera P6

Power BI

Oracle Cloud Analytics

Job description

About the Positions

We’re seeking Risk Managers to support large, complex heavy civil infrastructure programs, including highways, roads, bridges, transit (bus and rail), aviation (international airports), and water/wastewater projects delivered through both traditional and alternative delivery methods. You’ll run risk management on your assigned program, keep the risk register honest, quantify the cost and schedule exposure actually being carried, and set contingency positions that hold up in front of funding agencies, oversight bodies, and a board. Most of the people who do this work well came up through scheduling, estimating, or construction management, so depth in one of those matters more here than a general risk background.

This post is for future roles and not for a specific opportunity that is available right now. We accept applications and conduct interviews in advance of upcoming hiring needs. When a candidate is selected, their profile is activated in our talent pool for this specialty area. We notify our talent pool candidates first whenever we have a project need.

Responsibilities

may include, but are not limited to, the following:

• Develop and maintain the program’s risk management plan, process, and governance framework, and keep them aligned with contract requirements and funding agency standards.
• Facilitate risk identification and assessment workshops with program staff, designers, and contractors, and keep the program risk register current with ranked threats and opportunities.
• Quantify cost and schedule exposure through Monte Carlo or comparable simulation, and convert the results into contingency recommendations tied to a stated confidence level.
• Analyze the baseline schedule and monthly updates for logic, calendar, and float integrity, and evaluate whether the schedule carries the exposure the risk register says it does.
• Track mitigation actions to closure, hold action owners to their committed dates, and elevate where mitigation has stalled.
• Evaluate change proposals, delay claims, and time impact analyses for program exposure, and support the program’s negotiating position with quantified cost and schedule findings.
• Review risk allocation in procurement and contract documents, and recommend terms that place each risk with the party best able to carry it.
• Reconcile the risk position against cost forecasts, schedule updates, and change logs so risk drivers trace to specific time and cost outcomes, and report exposure through dashboards and written briefs.
• Coordinate risk across third-party interfaces, including utility owners, railroads, and adjacent contracts, and on active facilities that have to keep operating through construction.
• Prepare the risk and contingency sections of funding submittals, board packages, and independent oversight reviews, and defend the assumptions behind them.
• Calibrate models against actual program outcomes, benchmark contingency draw against comparable programs, and improve the risk process as the program produces lessons.

Attributes

• Excellent written and verbal communication and interpersonal skills.
• Excellent multi-tasking and organizational skills.
• Collaborative mindset that fosters teamwork, trust, and positive relationships.
• Natural curiosity, problem-solving abilities, and a commitment to continuous improvement.

Minimum Qualifications

• Bachelor’s degree in civil engineering, construction management, construction engineering, or engineering management, or related field, or equivalent combination of education and experience.
• 10+ years of risk management experience for large (>$500M), complex, heavy-civil infrastructure projects.
• Experience facilitating risk workshops and building and maintaining a program risk register across the project lifecycle.
• Experience running quantitative cost and schedule risk analysis and converting the results into contingency and mitigation recommendations.
• Working knowledge of CPM scheduling and cost forecasting practice, enough to test whether a program’s schedule and cost position reflects the exposure in the risk register.
• Experience with industry standard risk analysis and scheduling software (e.g., Primavera Risk Analysis, Deltek Acumen Fuse, @Risk, Primavera P6, etc.).
• Proficiency with Microsoft Office Suite/Office 365 (e.g., Outlook, Teams, Word, PowerPoint, etc.).

Preferred Qualifications

• Master’s degree in civil engineering, construction management, construction engineering, or engineering management.
• Active professional certifications such as PMI-RMP or PMP (PMI), and/or DRMP or CCP (AACE).
• Experience leading the owner’s risk management function on a program exceeding $1B in construction value.
• Experience setting and defending contingency levels in front of executive boards, funding agencies, and independent oversight or audit bodies.
• Experience evaluating contractor delay claims and time impact analyses, including concurrent delay, and supporting the owner’s negotiation position.
• Experience managing risk on bridge and structures packages, on water and wastewater facilities, or across third-party interfaces with railroads, utility owners, and airport or transit operations groups.
• Experience standing up a risk management process on a program that did not have one, and coaching project teams into using it.
• Proficiency with Microsoft Power BI, Oracle Cloud Analytics, or other dashboard KPI reporting software.

Compensation Details

Expected Salary: $125k-$200k/year ($60-$96/hour). Luster provides the salary range that the company in good faith believes it might offer for this position based on the successful candidate’s level and years of experience, knowledge, skills, abilities, education, certifications, licenses, geographic location, etc. Luster reserves the right to ultimately pay more or less than the posted range depending on circumstances not related to any status protected by local, state, and/or federal law.

Just LOOK at the Benefits We Offer!

• Unlimited flexible time off
• Paid holidays
• Paid parental leave
• Health, dental, and vision insurance
• Flexible spending accounts (healthcare and dependent or elder care)
• Long-term disability insurance
• Short-term disability insurance
• Life insurance and accidental death and dismemberment
• 401(k) plan with guaranteed employer contribution
• Formal career planning and development program
• $2,500 annually toward professional development
• Wellness program with monthly wellness stipend
• Company cell phone or cell phone plan reimbursement
• Free personalized meal planning and nutrition support with a registered dietitian
• Free personal financial planning services
• Employee assistance program
• Employee discounts
• Employee referral bonus

Specific plan details and coverage for each benefit noted above will be provided upon offer.

Luster is committed to creating an inclusive work environment with a diverse workforce. All qualified applicants will receive consideration for employment without regard to criminal history, race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. This employer participates in E‑Verify. The employer will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS) with information from each new employee’s I‑9 to confirm work authorization.

All positions may be subject to a background check and drug test once a conditional offer of employment is made for any convictions directly related to its duties and responsibilities, in accordance with all applicable local, state, and/or federal regulations.

This job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required for the position.