Risk Cost Analyst

Noble Hearts HR Consulting•Sacramento, CA
•Onsite

About The Position

The Risk Cost Analyst works within the Project Controls and Project Financial office, providing analytical and administrative support to the program’s risk and cost management functions. The role supports major transportation and public infrastructure programs alongside engineering, construction management, and project delivery teams. It involves collecting data, conducting preliminary risk and cost analyses, preparing reports, and maintaining documentation to support effective monitoring and management of risks and associated costs. The position is based onsite in Sacramento, California, and candidates should be local to the area.

Requirements

  • Bachelor’s degree in Finance, Business, Construction Management, Engineering, or a related field.
  • 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.
  • Candidates should be local to the Sacramento area.

Nice To Haves

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

Responsibilities

  • Gather data for risk and cost assessments across project processes.
  • Support 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.
  • 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, up-to-date records of risk registers, cost assessments, and supporting documentation.
  • Provide general administrative and analytical support to promote consistency and accuracy in risk and cost management processes.

Benefits

  • Opportunity to work on impactful California infrastructure projects.
  • Collaboration with engineering and construction professionals.
  • Opportunity to support transportation, mobility, and public infrastructure projects.
  • Career advancement in a dynamic, collaborative project environment.
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