Senior Risk & Cost Analyst - Rail Program Leadership

Luster-National; Sacramento (CA); On-site; USD 125,000 - 205,000; Full time

Benefits offered by this job

Unlimited flexible time off

Paid holidays

Paid parental leave

Health, dental, and vision insurance

Flexible spending accounts (healthcare

Dependent or elder care)

Long-term disability insurance

Short-term disability insurance

Life insurance and accidental death &

Disability

401(k) plan with guaranteed employer

Formal career planning and development

$2,500 annually toward professional de

Wellness program with monthly stipend

Company cell phone plan reimbursement

Meal planning and nutrition support

Personal financial planning services

Employee assistance program

Employee referral bonus

Job summary

Luster-National seeks a Senior Risk Cost Analyst (w/Risk Focus) to support the project controls and program finance office on a large-scale rail transit program. You’ll quantify exposure, work contingency numbers, and report to leadership on risks and proposed actions.

This long-term, full-time, on-site role is located in Sacramento, CA. You will collaborate with risk, cost management, and scheduling teams to develop mitigation strategies and integrate risk into cost forecasts.

Qualifications

• Bachelor’s degree in engineering, construction management, finance, business, or related field or equivalent combination of education and experience.
• 8+ years of experience in risk, cost, or project controls on large, complex infrastructure projects in passenger transit or transportation sectors.
• Experience with qualitative and quantitative risk analysis, including risk modeling, scenario analysis, and data analytics.
• Experience developing and monitoring risk mitigation strategies with project controls, estimating, and scheduling teams.
• Experience maintaining a program risk register and associated cost and contingency forecasts.
• Experience preparing risk reports and recommendations for senior program leadership.
• Proficiency with risk and cost management tools (e.g. @Risk, Primavera Risk Analysis, Deltek Acumen, Safran Risk, Excel).
• Proficiency with Microsoft Office Suite/Office 365.

Responsibilities

• Conduct recurring risk assessments across program processes to identify threats to continuity and performance.
• Monitor cost drivers, escalation trends, and market conditions affecting risk profile.
• Analyze and quantify program risk exposure using qualitative and quantitative methods.
• Assess financial, operational, legal, regulatory, and reputational risks to determine mitigation strategies.
• Develop, implement, and monitor risk mitigation strategies with project controls, estimating, and scheduling teams.
• Integrate risk analysis results into cost estimates, forecasts, and contingency positions.
• Evaluate contractor and consultant risk submittals for methodology and assumptions.
• Prepare risk and cost reports for program leadership with recommendations.
• Maintain records of risk assessments, mitigation plans, and risk register.
• Improve risk and cost management practices and detection/monitoring methods.

Skills

Risk analysis

Cost management

Project controls

Data analytics

Communication skills

Team collaboration

Problem-solving

Education

Bachelor's degree in Engineering/Construction Management/Finance

Tools

@Risk

Primavera Risk Analysis

Deltek Acumen

Safran Risk

Excel

Power BI

Job description

Luster-National seeks a Senior Risk Cost Analyst (w/Risk Focus) to support the project controls and program finance office on a large-scale rail transit program. You’ll quantify exposure, work contingency numbers, and report to leadership on risks and proposed actions.

This long-term, full-time, on-site role is located in Sacramento, CA. You will collaborate with risk, cost management, and scheduling teams to develop mitigation strategies and integrate risk into cost forecasts.