Risk Analyst

Role Overview

Responsibilities

• Conduct risk assessments across business operations and identify threats and vulnerabilities.
• Plan and perform QSRAs using project schedules, logic, calendars, constraints, milestones, and critical paths.
• Plan and perform QCRAs using cost estimates, cost breakdown structures, assumptions, allowances, and estimating uncertainty.
• Use Monte Carlo simulations to quantify cost exposure and determine P50, P80, P90, and contingency requirements.
• Manage risk registers, risk models, simulations, dashboards, reporting, and mitigation tracking in Active Risk Manager.
• Develop cost and schedule risk models in Excel with Palisade @RISK.
• Perform sensitivity, tornado, contribution, and correlation analyses.
• Prepare P6 schedules for risk analysis and analyze schedule drivers and completion dates in Primavera Risk Analysis.
• Analyze financial data and business metrics for risk exposure and trends.
• Prepare risk reports and presentations for senior management and stakeholders.
• Monitor regulatory and internal risk-policy compliance.
• Recommend risk mitigation strategies and controls.

Essential Qualifications

• A bachelor’s degree in engineering, project management, risk management, construction management, or a related discipline is required.
• At least five years of relevant experience in project risk management, project controls, or quantitative risk analysis is required.
• Hands-on experience with QSRAs, QCRAs, Active Risk Manager, Palisade @RISK, Primavera Risk Analysis, Monte Carlo simulation, and probabilistic risk modeling is required.
• Strong knowledge of schedules, cost estimates, risk registers, project controls, probability distributions, confidence levels, risk exposure, sensitivity, and risk drivers is required.

Preferred Qualifications

• Experience with Primavera P6 and integration of schedule data into quantitative risk models is preferred.
• Experience in major capital projects, infrastructure, construction, energy, oil and gas, transportation, or similar industries is preferred.
• PMP, PMI-RMP, APM, IRM, or equivalent certification is preferred.
• Knowledge of ISO 31000, contingency management, and risk-based forecasting is preferred.

About Egis Group