Risk Manager

About the Positions 

We’re seeking Risk Managers to support large, heavy-civil infrastructure programs—including highways, roads, bridges, transit (including rail and bus), and airport projects delivered through both traditional and alternative methods. You will build and run robust risk-management frameworks, lead risk workshops, quantify cost and schedule exposure, and turn raw data into practical mitigation strategies. By flagging threats early, shaping contingency plans, and keeping every stakeholder attuned to the big picture, you’ll help projects stay resilient, predictable, and ready for success.  

This posting is for future roles and not for a specific opportunity that is available right now. We accept applications and conduct interviews in advance of upcoming hiring needs. When a candidate is selected, their profile is activated in our talent pool for this specialty area. We notify our talent pool candidates first whenever we have a project need. This posting targets Denver, CO.   

Responsibilities may include, but are not limited to, the following:  

• Establish and maintain risk-management plans, processes, and governance framework, ensuring they align with contract requirements and funding-agency standards.  
• Facilitate qualitative and quantitative risk-identification workshops; populate and continuously update the risk register, ranking threats and opportunities by probability and impact.  
• Review baseline CPM schedules and monthly updates for logic integrity, calendar accuracy, and risk readiness; run schedule audits and “what-if” recovery scenarios to trim critical path duration and mitigate emerging delays.  
• Perform Monte Carlo or comparable simulations to quantify potential cost and schedule exposure, generate P-curves, recommend contingency levels tied to confidence targets, and integrate results with earned-value KPIs for holistic reporting.  
• Merge risk data with schedules, cost forecasts, and change logs so that risk drivers trace directly to time- and cost-impact scenarios; track mitigation actions, assign owners, and report variances through clear dashboards and narrative briefs.  
• Conduct forensic schedule analyses to evaluate contractor delay claims—quantifying excusable versus non-excusable and concurrent delays—and advise leadership on commercial exposure and negotiation strategy.  
• Support procurement by evaluating commercial and delivery risks, advising on risk allocation, and drafting appropriate contract clauses and contingency provisions.  
• Prepare risk sections for funding applications, board packages, and independent oversight reviews, and defend assumptions or results before auditors and dispute panels when necessary.  
• Champion continuous improvement by calibrating models with historical data, benchmarking against industry norms, mentoring project teams in risk awareness, and refreshing processes as lessons are learned.  

Attributes 

• Excellent written and verbal communication and interpersonal skills. 
• Excellent multitasking and organizational skills. 
• Collaborative mindset that fosters teamwork, trust, and positive relationships. 
• Natural curiosity, problem-solving abilities, and a passion for continuous improvement. 

Minimum Qualifications 

• Bachelor’s degree in engineering, construction management, finance, or related field, or equivalent combination of education/experience.   
• 10+ years of hands-on risk management experience for large (>$500M), complex, heavy-civil infrastructure projects.   
• Experience working on projects delivered through traditional and alternative methods (e.g., DBB, DB, CM/GC, and P3).   
• Experience running Monte Carlo simulations and translating results into actionable mitigation and contingency recommendations. 
• Experience facilitating risk workshops, developing and maintaining detailed risk registers, and integrating risk outputs with schedules and cost-control systems. 
• Proficiency with schedule risk analysis software (e.g. Primavera Risk, Deltek Acumen Fuse, @Risk, etc.).  
• Proficiency with industry standard project management software (e.g., Primavera P6 or MS Project). 
• Proficiency with Microsoft Office Suite/Office 365 (e.g., Outlook, Teams, Word, PowerPoint, etc.). 

Preferred Qualifications 

• Active professional certifications such as PMI-RMP, AACE DRMP, CCP, or PMP (through PMI). 
• Experience in risk management as an owner’s rep on large civil-infrastructure programs. 
• Experience with large projects in the following sectors: highways, roads, bridges, transit (including rail and bus), and/or airports.  
• Experience preparing and defending quantitative risk analyses and contingency recommendations before executive boards, external funders, and audit bodies.  
• Experience with advanced analytics and visualizations, including Power BI, Tableau, and API integrations that link risk outputs to live dashboards. 

Compensation Details 

The salary range listed for this role is $120k-$190k/year ($57-$91/hour). The final salary offered will be based on multiple factors and thoughtfully aligned with each candidate’s level of experience, breadth of skills, total education achieved, certifications/licenses that have been obtained, geographic location, etc. 

Just LOOK at the Benefits We Offer! 

• Unlimited flexible time off  
• Paid holidays  
• Paid parental leave  
• Health, dental, and vision insurance  
• Flexible spending accounts (healthcare and dependent or elder care)  
• Long-term disability insurance  
• Short-term disability insurance  
• Life insurance and accidental death and dismemberment 
• 401(k) plan with guaranteed employer contribution  
• Formal career planning and development program  
• $2,500 annually toward professional development  
• Wellness program with monthly wellness stipend  
• Company cell phone or cell phone plan reimbursement  
• Free personalized meal planning and nutrition support with a registered dietitian  
• Free personal financial planning services  
• Employee assistance program  
• Employee discounts  
• Employee referral bonus 
• Specific plan details and coverage for each benefit noted above will be provided upon offer. 

Luster is committed to creating an inclusive work environment with a diverse workforce. All qualified applicants will receive consideration for employment without regard to criminal history, race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. This employer participates in E-Verify. The employer will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS) with information from each new employee's I-9 to confirm work authorization.

All positions may be subject to a background check and drug test once a conditional offer of employment is made for any convictions directly related to its duties and responsibilities, in accordance with all applicable local, state, and/or federal regulations.

This job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required for the position.

Luster does not accept unsolicited resumes. In the absence of a signed agreement, Luster will not consider or agree to payment of any kind. Any unsolicited resumes presented to Luster personnel, including those submitted to Luster hiring managers, are deemed to be the property of Luster.

Please email hiring@luster.com for accommodations necessary to complete the application process.