Senior Risk Manager

WSP in the U.S.; Houston (TX); On-site; USD 110,000 - 160,000; Full time

Job summary

WSP USA is seeking a Senior Risk Manager to join our Project Controls group in Houston, TX. You will lead risk management on complex projects, develop risk frameworks, and drive quantitative analyses to support strategic decisions.

Responsibilities include building risk registers, performing QCRA/QSRA, advising on contingency ranges, and training junior staff while ensuring compliance with industry standards such as ISO 31000 and PMI guidelines.

Qualifications

• Bachelor’s degree in Engineering, Construction Management, Economics, Finance, or relevant field.
• 12 years of experience in risk management; construction management; project management; and/or contract or change management
• Knowledge of general risk management and project control standards and frameworks (AACE International, APM, IRM, PMI, ISO 31000)
• Experience in facilitating quantitative risk analysis (QRA) workshops on cost and schedule
• Experience in conceptualizing and developing risk models using analytical methods
• Working knowledge of cost risk analysis software (@Risk, Acumen Risk, Crystal Ball) and schedule risk analysis software (OPC, Primavera Risk Analysis)
• Experienced in development and management of diverse teams
• Experience in preparing risk reports and documentation
• Proven track record of upholding workplace safety and adherence to WSP policies
• Exercise responsible and ethical decision-making regarding company funds, resources and conduct and adhere to WSP’s Code of Conduct and related policies

Responsibilities

• Act as the risk management subject matter expert on assigned project, program, portfolio being accountable for the risk management performance on assigned commissions.
• Develop effective risk management framework / strategy.
• Plan, design, and implement risk management processes tailored to the client’s needs and aligned with best practice (e.g., AACE International, Project Management Institute, ISO 31000).
• Facilitate structured discussions and workshops to elicit assumptions, quantify uncertainty, and validate economic risk drivers with technical and project stakeholders.
• Develop and maintain project and/or program risk registers with input from project and client team members.
• Develop and maintain quantitative economic risk models to evaluate the probability and impact of alternative project outcomes, including downside and upside scenarios.
• Conduct quantitative cost and schedule risk analysis (QCRA/QSRA) using probabilistic and simulation based methods to evaluate forecast uncertainty and outcome distributions.
• Analyze economic drivers of project risk, including market conditions, labor and commodity trends, productivity assumptions, and systemic risk factors.
• Prepare economic risk assessments, forecasts, and scenario analyses to support project managers, executives, and clients in strategic decision making.
• Advise project leadership on risk adjusted contingency and schedule reserve ranges based on quantitative economic analysis.
• Prepare project and/or program risk reports as required.
• Support project teams in developing and implementing appropriate internal and external response plans for critical risks.
• Work with project teams to determine appropriate contingency and schedule reserve amounts.
• Provide training to junior risk managers and other staff as required.
• Strong attention to detail while maintaining a big-picture point of view.
• Ability to manage challenging behaviors and maintain effective working relationships based on diplomacy while maintaining independence and not swayed in judgment or course of actions.
• Demonstrate strong organizational, analytical, and multi-tasking skills (i.e., ability to handle multiple projects simultaneously).
• Performs other duties as assigned.
• Travel as required

Skills

Risk management

Quantitative risk analysis

Workshop facilitation

Leadership

Training

Education

Bachelor’s degree in Engineering/Construction Management/Economics/Finance

Tools

@Risk

Acumen Risk

Crystal Ball

OPC

Primavera Risk Analysis

Power BI

P6

MS Project

Job description

This Opportunity

WSP is seeking a Senior Risk Manager to join our Project Controls group in Houston, TX.

Job Description

This Opportunity

WSP is seeking a Senior Risk Manager to join our Project Controls group in Houston, TX.

Your Impact

• Act as the risk management subject matter expert on assigned project, program, portfolio being accountable for the risk management performance on assigned commissions.
• Develop effective risk management framework / strategy.
• Plan, design, and implement risk management processes tailored to the client’s needs and aligned with best practice (e.g., AACE International, Project Management Institute, ISO 31000).
• Facilitate structured discussions and workshops to elicit assumptions, quantify uncertainty, and validate economic risk drivers with technical and project stakeholders.
• Develop and maintain project and/or program risk registers with input from project and client team members.
• Develop and maintain quantitative economic risk models to evaluate the probability and impact of alternative project outcomes, including downside and upside scenarios.
• Conduct quantitative cost and schedule risk analysis (QCRA/QSRA) using probabilistic and simulation based methods to evaluate forecast uncertainty and outcome distributions.
• Analyze economic drivers of project risk, including market conditions, labor and commodity trends, productivity assumptions, and systemic risk factors.
• Prepare economic risk assessments, forecasts, and scenario analyses to support project managers, executives, and clients in strategic decision making.
• Advise project leadership on risk adjusted contingency and schedule reserve ranges based on quantitative economic analysis.
• Prepare project and/or program risk reports as required.
• Support project teams in developing and implementing appropriate internal and external response plans for critical risks.
• Work with project teams to determine appropriate contingency and schedule reserve amounts.
• Provide training to junior risk managers and other staff as required.
• Strong attention to detail while maintaining a big-picture point of view.
• Ability to manage challenging behaviors and maintain effective working relationships based on diplomacy while maintaining independence and not swayed in judgment or course of actions.
• Demonstrate strong organizational, analytical, and multi-tasking skills (i.e., ability to handle multiple projects simultaneously).
• Performs other duties as assigned.
• Travel as required

Who You Are

Required Qualifications:

• Bachelor’s degree in Engineering, Construction Management, Economics, Finance, or relevant field
• 12 years of experience in risk management; construction management; project management; and/or contract or change management
• Knowledge of general risk management and project control standards and frameworks, (e.g., AACE International, APM, IRM, Project Management Institute, ISO 31000).
• Experience in facilitating quantitative risk analysis (QRA) workshops on cost and schedule.
• Experience in conceptualizing and developing risk models using analytical methods.
• Working knowledge of cost risk analysis software (@Risk, Acumen Risk, Crystal Ball etc.) and schedule risk analysis software (OPC, Primavera Risk Analysis, etc.).
• Experienced in development and management of diverse teams.
• Experience in preparing risk reports and documentation
• Proven track record of upholding workplace safety and ability to abide by WSP’s health, safety and drug/alcohol and harassment policies
• Exercise responsible and ethical decision-making regarding company funds, resources and conduct and adhere to WSP’s Code of Conduct and related policies and procedures

Preferred Qualifications

• Engineering / Economics / Project Controls Management background.
• Experience in multiple sectors (e.g., transportation, energy, aviation etc.) and familiar with project/program delivery processes.
• PMP, PMI-RMP or other certification
• Experience in effectively reporting and communicating risk analysis outcomes to wider project team.
• Experience in Strategic and / or Enterprise Risk Management is a plus
• Experience in FTA funded programs
• Knowledge and understanding of Federal, state, and local transportation administration regulations and policies
• Practical Knowledge of Power BI and other reporting suite tools.
• Commercial acumen in relation to business development
• Knowledge of planning tools (e.g., P6, MS Project)

About WSP

ABOUT US

WSP USA is the U.S. operating company of WSP, one of the world’s leading engineering and professional services firms. Dedicated to serving local communities, we are engineers, planners, technical experts, strategic advisors and construction management professionals. WSP USA designs lasting solutions in the buildings, transportation, energy, water and environment markets. With more than 15,000 employees in over 300 offices across the U.S., we partner with our clients to help communities prosper.

www.wsp.com

WSP provides a flexible and agile workplace model while meeting client needs. Employees are also afforded a comprehensive suite of benefits including medical, dental, vision, disability, life, and retirement savings focused on providing health and financial stability throughout the employee’s career.

At WSP, we want to give our employees the challenges they seek to grow their careers and knowledge base. Your daily contributions to your team will be essential in meeting client objectives, goals and challenges. Are you ready to get started?

WSP USA (and all of its U.S. companies) is an Equal Opportunity Employer Race/Age/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Disability or Protected Veteran Status.

The selected candidate must be authorized to work in the United States.

NOTICE TO THIRD PARTY AGENCIES:

WSP does not accept unsolicited resumes from recruiters, employment agencies, or other staffing services. Unsolicited resumes include any resume or hiring document sent to WSP in the absence of a signed Service Agreement where WSP has expressly requested recruitment/staffing services specific to the position at hand. Any unsolicited resumes, including those submitted to hiring managers or other business leaders, will become the property of WSP and WSP will have the right to hire that candidate without reservation – no fee or other compensation will be owed or paid to the recruiter, employment agency, or other staffing service.