Senior Risk & Cost Analyst – Rail Programs

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

Long-term disability insurance

Short-term disability insurance

Life insurance and accidental death &

401(k) plan with employer contribution

Career development program

$2,500 annually toward professional 1

Job summary

Luster National is seeking a Senior Risk Cost Analyst (w/Risk Focus) to support the project controls and program finance office on a major rail transit program in Sacramento, CA. You will quantify exposure, manage contingencies, and report risks and recommended actions to program leadership.

Responsibilities include risk assessments, cost analysis, mitigation strategy development, and maintaining the program risk register using tools like @Risk and Excel.

Qualifications

• Bachelor’s degree in engineering, construction management, finance, business, or related field.
• 8+ years of experience in risk, cost, or project controls on large, complex heavy-civil infrastructure projects in passenger transit or transportation sectors.
• Demonstrated success performing qualitative and quantitative risk analysis, including risk modeling, scenario analysis, and data analytics.
• Experience developing, implementing, and monitoring risk mitigation strategies with project controls, estimating, and scheduling teams.
• Demonstrated success maintaining a program risk register and the 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 (e.g., Outlook, Teams, Word, PowerPoint).

Responsibilities

• Conduct recurring risk assessments across program processes to identify threats to program continuity and performance.
• Monitor internal and external factors that affect the program’s risk profile, including cost drivers, escalation trends, and market conditions.
• Analyze and quantify program risk exposure using qualitative and quantitative methods, including risk modeling, scenario analysis, and data analytics.
• Assess financial, operational, legal, regulatory, and reputational risks to determine appropriate mitigation strategies.
• Develop, implement, and monitor risk mitigation strategies and control measures with project controls, estimating, and scheduling teams.
• Integrate risk analysis results into cost estimates, forecasts, and contingency positions.
• Evaluate contractor and consultant risk submittals, assessing methodology, assumptions, and consistency with program requirements.
• Prepare risk and cost reports for program leadership, highlighting key risks, potential impacts, and recommended actions.
• Maintain accurate and current records of risk assessments, mitigation plans, and the program risk register.
• Improve risk and cost management practices, identifying areas of refinement in how risks are detected, monitored, and managed.

Skills

risk analysis

risk modeling

data analytics

communication

team collaboration

multi-tasking

problem solving

Education

Bachelor’s degree in engineering/ construction management/ finance/ business

Tools

@Risk

Primavera Risk Analysis

Deltek Acumen

Safran Risk

Excel

Power BI

Oracle Cloud Analytics

Job description

Luster National is seeking a Senior Risk Cost Analyst (w/Risk Focus) to support the project controls and program finance office on a major rail transit program in Sacramento, CA. You will quantify exposure, manage contingencies, and report risks and recommended actions to program leadership.

Responsibilities include risk assessments, cost analysis, mitigation strategy development, and maintaining the program risk register using tools like @Risk and Excel.