Risk Analyst
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Key skills for this role
About the Role
In a world of possibilities, pursue one with endless opportunities. Imagine Next! At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself.
Key Skills for This Role
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Overview
In a world of possibilities, pursue one with endless opportunities.
Imagine Next!
At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself.
Guided by our leadership vision of valuing people, embracing agility, and fostering growth, we cultivate an innovative culture that empowers you to achieve your full potential.
Unleash your talent and redefine what’s possible. **Job Description:**
Parsons is looking for an amazingly talented **Risk Analyst** to join our team!
In this role you will get to Identify, assess, and monitor project risks across all phases of the project lifecycle.
What You'Ll Be Doing
- Develop and maintain the Risk Register, ensuring risks are clearly defined, categorized, and regularly updated.
- Perform qualitative and quantitative risk analysis to evaluate probability, impact, and overall risk exposure.
- Support the development of risk mitigation and response strategies in coordination with project teams.
- Facilitate risk workshops with contractors, project managers, and internal departments.
- Validate contractor risk inputs and ensure alignment with project scope, schedule, and cost assumptions.
- Track risk trends, triggers, and emerging threats, escalating critical risks to management when required.
- Integrate risk data with project schedules and cost reports to assess potential impacts on timelines and budgets.
- Support scenario analysis (best case, most likely, worst case) for time and cost outcomes.
- Contribute to contingency planning and recommend appropriate risk allowances.
- Prepare risk reports and dashboards for management, highlighting key risks, exposure levels, and mitigation status.
- Ensure consistency and accuracy in risk reporting across all projects and stakeholders.
- Collaborate with planning, commercial, and reporting teams to support risk-informed decision-making.
- Identify and implement improvements to risk management processes, tools, and frameworks.
What Required Skills You'Ll Bring
- Bachelors degree in Engineering (or related field) and typically 3+ years of related work experience.
- Familiar with Risk software like ARM/ Safran..etc.
- P6 Primavera and MS Office
- Parsons equally employs representation at all job levels no matter the race, color, religion, sex (including pregnancy), national origin, age, disability or genetic information.
- We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars!
- Imagine next and join the Parsons quest—APPLY TODAY!
- Parsons is aware of fraudulent recruitment practices.
- To learn more about recruitment fraud and how to report it, please refer to https://www.parsons.com/fraudulent-recruitment/.
Financial Wellness
We care about your financial wellbeing.
Parsons offers competitive pay and retirement plans to help you build wealth for the future while giving you the flexibility to diversify your investments.
Work Life Harmony
Balance in life is important and time away from the office is imperative to allow you to refresh and focus your attention on the things that matter to you.
Parsons supports your time away by providing paid time off and paid flexible holidays.
Career Development
We are committed to fostering the personal and professional growth of our employees.
Develop and advance yourself though our comprehensive training, educational and mentorship programs.
Veteran Support
We provide Industry leading benefits to support veterans and active-duty members to provide security for you and your family by offering robust leave and benefits; including paid active-duty military leave and paid time off when transitioning back to civilian life.
Mind & Body
At Parsons we inspire healthier habits, heathier minds, and a healthier you through our wellness program.
Participate in our weekly Meditation Mondays and Wellness Wednesdays.
Wellness, at Parsons, is more than just your annual checkup.
Health
Health is not a one size fits all.
At Parsons, we offer a robust Employee Assistance Program as well as comprehensive medical, dental and vision plans through large, national carriers with the choice of regional PPO, HDHP, or HMO networks.
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