
Project Risk Controls Analyst
Posted 1 day ago

Posted 1 day ago
This is a fully remote position, open to applicants in Illinois.
• Identify, evaluate, quantify, monitor, and convey project risks and opportunities throughout the entire project lifecycle.
• Collaborate closely with project leadership, estimating, scheduling, preconstruction, and operational teams.
• Support the Michels Risk Management Framework and enhance decision-making through risk awareness.
• Facilitate comprehensive risk reviews.
• Assist in conducting quantitative analyses for cost and schedule risks.
• Create three-point estimates.
• Align risks with cost accounts and schedule activities.
• Provide assistance with uncertainty, correlation, sensitivity, and Monte Carlo analyses.
• Generate risk dashboards, heat maps, trend reports, and presentations for executive levels.
• Monitor mitigation efforts and emerging risks.
• Contribute to the ongoing enhancement of risk management procedures, tools, training, metrics, and reporting.
• Bachelor’s degree in construction management, engineering, project management, finance, business analytics, economics, or a related discipline; equivalent education and relevant experience may be acceptable.
• 2 to 5 years of experience in project risk management, project controls, estimating, scheduling, preconstruction, cost analysis, construction operations, or a related area.
• Experience in supporting large or complex projects in construction, infrastructure, energy, utilities, transportation, marine, or industrial sectors is preferred.
• Knowledge of project cost, schedule, and risk principles, including contingency and uncertainty.
• Experience in developing or assisting with quantitative cost and schedule risk analyses is preferred.
• Familiarity with three-point estimating, Monte Carlo simulation, uncertainty modeling, correlation, and sensitivity analysis is preferred.
• Ability to interpret project data and effectively communicate key risk drivers, mitigation status, emerging exposures, and potential impacts on project objectives.
• Strong analytical, organizational, and problem-solving capabilities.
• High proficiency in Microsoft Office, especially Excel and PowerPoint.
• Experience with Primavera P6 and/or Safran Risk Manager is desirable.
• Excellent written and verbal communication skills with the ability to collaborate effectively across project teams and leadership.
• Willingness to travel as required for project meetings, risk workshops, and training sessions.
• Average annual training investment of $5,000 per employee.
• Comprehensive benefits package.
• Health insurance coverage.
• Dental insurance coverage.
• Vision insurance coverage.
• Competitive paid time off plans.
• Life insurance coverage.
• Flexible spending accounts.
• Health savings account options.
• Short-term disability insurance.
• Long-term disability insurance.
• 401(k) retirement plan.
• Legal assistance plan.
• Identity theft protection and monitoring services.
• 15 to 25 days of paid time off.
• 8 paid holidays each year.
• Unlimited opportunities for those who demonstrate hard work and dedication.
Penn Interactive
Penn Interactive
Freedom Mortgage
Get handpicked remote jobs straight to your inbox weekly.