Senior Risk Manager

Flexton•Berkeley, CA

About The Position

Flexton is seeking a Senior Risk Manager to lead and administer an integrated project risk-management program. The role establishes and maintains risk-management processes, procedures, and governance frameworks, ensuring practices are consistently applied across project functions and work packages. It integrates risk management with project controls, cost and schedule management, change management, and project execution, and establishes roles, responsibilities, escalation paths, and accountability. The Senior Risk Manager identifies, assesses, quantifies, monitors, and communicates project risks and opportunities; maintains the project risk register; analyzes risk interdependencies; and oversees quantitative cost and schedule risk analysis. The role develops risk-based cost and schedule models, conducts probabilistic and scenario analysis, and supports confidence levels, contingency estimates, and management reserve recommendations. It works with risk owners to define, monitor, and evaluate mitigation strategies and escalates significant or deteriorating risks. The role integrates risk management with planning, scheduling, engineering, procurement, construction, installation, testing, and commissioning. It monitors emerging conditions, project changes, cumulative risks, trends, and leading indicators, providing early warning of potential impacts. It prepares risk reports, dashboards, visualizations, and executive summaries; presents significant risks and mitigation status to project leadership; facilitates cross-functional workshops and reviews; and provides guidance and training to project personnel. It also captures lessons learned and recommends improvements to processes, tools, and reporting. This is a W2 position paying $195 per hour, with a desired start date of August 17, 2026, and a desired end date of August 16, 2027.

Requirements

Bachelor's degree in Engineering, Project Management, Risk Management, Business, Finance, or a related discipline.
At least 10 years of experience in project risk management, program management, project controls, or related disciplines.
Demonstrated experience leading risk-management programs for large-scale, complex, multidisciplinary projects.
Strong knowledge of qualitative and quantitative risk-management methodologies.
Experience performing cost and schedule risk analysis.
Experience developing, maintaining, and managing project risk registers.
Demonstrated ability to identify, assess, quantify, monitor, and mitigate project risks.
Experience developing risk mitigation strategies and tracking corrective actions.
Strong understanding of project cost, schedule, engineering, procurement, and execution processes.
Experience collaborating with project managers, engineering teams, project controls teams, and functional stakeholders.
Ability to analyze complex data, identify risk trends, and communicate impacts to senior leadership.
Strong analytical, problem-solving, organizational, and communication skills.
Experience with risk-management tools, project controls systems, scheduling tools, or data-analysis software.
Ability to facilitate risk workshops, stakeholder meetings, and executive-level risk reviews.

Nice To Haves

Advanced degree or professional certification in Risk Management, Project Management, Engineering, Finance, or a related field.
Professional certification such as Project Management Professional (PMP), Risk Management Professional (PMI-RMP), or equivalent.
Experience supporting large-scale engineering, infrastructure, technology, research, or industrial projects.
Experience with quantitative risk analysis tools and Monte Carlo simulation methodologies.
Experience integrating risk management with cost, schedule, and earned-value management processes.
Experience supporting major capital projects or complex technical programs.
Experience developing executive dashboards, risk reports, and decision-support materials.
Familiarity with industry-standard project risk-management frameworks and best practices.
Experience with enterprise risk-management, project controls, scheduling, or cost-management platforms.
Experience leading cross-functional risk workshops and senior management risk reviews.

Responsibilities

Lead and administer the integrated project risk-management program.
Establish and maintain risk-management processes, procedures, governance frameworks, roles, responsibilities, escalation paths, and accountability.
Ensure consistent risk-management practices across project functions and work packages, integrated with project controls, cost and schedule management, change management, and project execution.
Facilitate risk reviews, workshops, stakeholder meetings, and management discussions.
Identify, assess, quantify, monitor, and communicate project risks and opportunities; develop and maintain the project risk register.
Document risk causes, consequences, likelihood, impacts, ownership, response strategies, and interdependencies; assign and monitor risk ownership.
Perform or oversee quantitative cost and schedule risk analyses and develop risk-based models using appropriate methodologies.
Conduct probabilistic analysis, scenario modeling, sensitivity analysis, and risk-driver analysis as required.
Evaluate risk impacts on project cost and schedule objectives and support confidence levels, contingency estimates, and management reserve recommendations.
Work with risk owners to develop measurable mitigation strategies, actions, responsibilities, target dates, and expected outcomes.
Monitor mitigation implementation and effectiveness, evaluate residual risk, and escalate overdue, ineffective, or deteriorating actions and significant risks.
Integrate risk management with planning, scheduling, engineering, procurement, construction, installation, testing, and commissioning activities.
Monitor emerging conditions, trends, leading indicators, project changes, and cumulative or interconnected risks; provide forward-looking assessments and early warning of potential impacts.
Support change-control and management decisions through risk analysis.
Prepare periodic risk reports, dashboards, executive summaries, visualizations, and information for formal project reviews and management assessments.
Present significant risks, opportunities, trends, risk drivers, exposure changes, and mitigation status to project leadership and appropriate stakeholders.
Provide guidance and training on risk identification, assessment, response planning, and monitoring; promote consistent methodologies across project teams.
Capture and apply lessons learned, identify process and tool improvements, and recommend improvements based on project experience, industry practices, and emerging methodologies.
Provide objective, data-driven, decision-ready risk information to senior leadership.