Risk Manager (EVG)

Position Overview :

PACO Group (PACO) is seeking an experienced Risk Manager to oversee the identification, quantification, and mitigation of project risks on major transportation and infrastructure programs. The Risk Manager will be responsible for developing and maintaining the Project Complexity and Qualitative Risk Assessment (PCQRA) and performing Quantitative Risk Assessments (QRA) for both cost and schedule in accordance with client standards and contractual requirements. This position will support ongoing project delivery efforts with agencies such as the Metropolitan Transportation Authority (MTA), Port Authority of NY & NJ (PANYNJ), NJ Transit, Amtrak, DDC, and other regional public owners.

Key Responsibilities and Duties :

• Develop and manage a comprehensive Risk Management Plan in alignment with client (e.g., MTA C&D) standards and project requirements.
• Facilitate risk identification and analysis workshops with project stakeholders, including client representatives, design consultants, and PACO controls staff.
• Develop and maintain a detailed Risk Register for each project, capturing probability, impact, mitigation strategies, and residual exposure.
• Conduct Quantitative Risk Assessments (QRA) using Monte Carlo simulation tools to quantify cost and schedule uncertainties and determine contingency allowances.
• Prepare quarterly risk-based contingency updates and integrate outcomes into project baselines, forecasts, and performance dashboards.
• Coordinate with estimating and scheduling teams to ensure cost, schedule, and risk data are fully integrated.
• Analyze design, environmental, procurement, and construction-phase risks to support decision-making at major milestones (e.g., IPB, Updated Baseline, RFP).
• Support procurement evaluations by reviewing proposer risk strategies and alternative technical concepts.
• Provide narrative summaries and visualizations of key risks, trends, and mitigations for bi-weekly, monthly, and executive-level reports.
• Collaborate with project leadership to ensure proactive risk identification, effective communication, and timely implementation of mitigation measures.

Required Qualifications :

Preferred Qualifications :

Skills and Competencies :

Work Environment and Schedule :

Compensation :

Benefits Summary :

EEO Diversity Statement :

PACO Group, Inc. is committed to furthering opportunities for everyone in the national construction market. The firm periodically reaffirms this commitment through an active affirmative action plan. It provides Equal Employment Opportunities (EEO) to all employees without unlawful discrimination regarding race, creed, color, national origin, sex, age, disability, marital status, religion, military status, pregnancy, sexual orientation, or citizenship status. As an equal opportunity employer, we have recruited, hired, promoted, and retained an ethnically and socially diverse professional staff. Our efforts to date have produced a multidisciplinary workforce - a record of diversity that extends to the highest levels of the firm's management.