Risk Manager

Luster National•New York, NY

10d•$125,000 - $200,000

About The Position

Luster is seeking Risk Managers for future roles supporting large, complex heavy-civil infrastructure programs, including highways, roads, bridges, transit, aviation, and water/wastewater projects using traditional and alternative delivery methods. The Risk Manager will lead risk management for an assigned program, maintain a reliable risk register, quantify cost and schedule exposure, and develop contingency positions that can be supported before funding agencies, oversight bodies, and boards. Experience in scheduling, estimating, or construction management is particularly relevant. This posting is for future hiring needs rather than a currently available specific opportunity. Applications and interviews may occur in advance, and selected candidates may be placed in a talent pool for notification when a project need arises. The role includes developing risk governance and processes; facilitating risk workshops; conducting quantitative cost and schedule analysis; evaluating schedules, cost forecasts, changes, and claims; coordinating mitigation and third-party risks; and reporting risk and contingency positions to program stakeholders and oversight groups. Risk Managers also calibrate models against actual outcomes and improve processes using lessons learned.

Requirements

Bachelor’s degree in civil engineering, construction management, construction engineering, engineering management, or a related field, or an 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 conducting quantitative cost and schedule risk analysis and converting results into contingency and mitigation recommendations.
Working knowledge of CPM scheduling and cost forecasting sufficient to assess whether schedule and cost positions reflect risk-register exposure.
Experience with industry-standard risk analysis and scheduling software, such as Primavera Risk Analysis, Deltek Acumen Fuse, @Risk, or Primavera P6.
Proficiency with Microsoft Office Suite/Office 365, including tools such as Outlook, Teams, Word, and PowerPoint.
Excellent written and verbal communication and interpersonal skills.
Excellent multitasking and organizational skills.
Collaborative mindset that fosters teamwork, trust, and positive relationships.
Curiosity, problem-solving abilities, and commitment to continuous improvement.

Nice To Haves

Master’s degree in civil engineering, construction management, construction engineering, or engineering management.
Active professional certification(s), 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 before 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, water and wastewater facilities, or third-party interfaces involving railroads, utility owners, and airport or transit operations groups.
Experience establishing a risk management process on a program that lacked one and coaching project teams in its use.
Proficiency with Microsoft Power BI, Oracle Cloud Analytics, or other dashboard KPI reporting software.

Responsibilities

Develop and maintain the program’s risk management plan, process, and governance framework in alignment with contract requirements and funding agency standards.
Facilitate risk identification and assessment workshops with program staff, designers, and contractors, and maintain a ranked program risk register covering threats and opportunities.
Quantify cost and schedule exposure using Monte Carlo or comparable simulation and convert results into contingency recommendations tied to a stated confidence level.
Analyze baseline schedules and monthly updates for logic, calendar, and float integrity, and assess whether the schedule reflects the exposure represented in the risk register.
Track mitigation actions through completion, hold action owners to committed dates, and escalate stalled mitigation.
Evaluate change proposals, delay claims, and time impact analyses for program exposure, and support the program’s negotiating position with quantified 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 with cost forecasts, schedule updates, and change logs; trace risk drivers to specific time and cost outcomes; and report exposure through dashboards and written briefs.
Coordinate risk across third-party interfaces, including utility owners, railroads, adjacent contracts, and active facilities that must continue operating during construction.
Prepare risk and contingency sections of funding submittals, board packages, and independent oversight reviews, and defend the underlying assumptions.
Calibrate models against actual program outcomes, benchmark contingency draw against comparable programs, and improve the risk process using lessons learned.