Risk Cost Analyst
Risk Cost Analyst
Position Title
Risk Cost Analyst
Location
Sacramento, CA or Fresno, CA
Work Arrangement
Hybrid
Salary Range
$115,000–$210,000
About the Company
For over 30 years, our client's organization has been an industry leader providing Project Management Solutions to their clients on their Capital Construction Projects. Focusing in the Transportation, Utilities, Oil, Gas, Water and other Large Construction Projects, their Project Controls Professionals have worked on some of the largest Capital Construction Projects throughout the US. They are Certified as a Federal Service Disabled, Veteran Owned Small Business (SDVOSB) and State of California Small Business and Disabled Veteran Business Enterprise (SB/DVBE).
Position Summary
The Risk Cost Analyst supports the risk and cost management functions within the Project Controls and Project Financial office. This role provides analytical and administrative support to help monitor project risks, evaluate cost impacts, support contingency planning, and maintain documentation related to risk exposure across a large capital construction program.
Key Responsibilities
- Assist in gathering and organizing data for risk and cost assessments across project processes
- Support monitoring of cost drivers, market conditions, and external factors that may affect budgets and program risk exposure
- Perform preliminary qualitative and quantitative analyses, including cost modeling and scenario analysis
- Assist in integrating risk findings into cost estimates, forecasts, and contingency planning efforts
- Support the development and tracking of risk mitigation strategies in coordination with project controls, estimating, and scheduling teams
- Prepare draft reports, presentations, and summaries for review by senior team members
- Maintain organized and current risk registers, cost assessments, and supporting documentation
- Provide general analytical and administrative support to help ensure consistency and accuracy in risk and cost management processes
Minimum Qualifications
- 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
- Hands-on experience with risk and cost management tools such as Excel, @Risk, Primavera Risk Analysis, and Monte Carlo analysis
- Familiarity with risk management and cost analysis concepts
- Strong organizational, analytical, and communication skills
- Ability to work collaboratively with cross-functional teams and follow established processes
Preferred Qualifications
- Experience supporting large-scale infrastructure or capital construction programs
- Experience supporting risk register development, maintenance, and reporting
- Exposure to enterprise- or program-level risk management implementation is highly beneficial
- Ability to manage multiple priorities, work independently, and meet deadlines
This job description provides only a summary of the typical functions associated with this role and is not intended to represent an exhaustive or comprehensive list of all responsibilities, tasks, or duties. The actual responsibilities, tasks, and duties assigned may differ from those outlined, and additional duties may be assigned. Duties, responsibilities, and activities may change at any time, with or without notice. SmartHire is not legally responsible for any changes to the jobholder’s responsibilities or activities implemented by our clients that differ from those described herein.