Senior Risk Manager
WSP • Houston, TX • Full Time
Posted on Fri, Aug 28, 2026
This Opportunity
WSP is seeking a Senior Risk Manager to join our Project Controls group in Houston, TX.
Your Impact
- Act as the risk management subject matter expert on assigned project, program, portfolio being accountable for the risk management performance on assigned commissions.
- Develop effective risk management framework / strategy.
- Plan, design, and implement risk management processes tailored to the client’s needs and aligned with best practice (e.g., AACE International, Project Management Institute, ISO 31000).
- Facilitate structured discussions and workshops to elicit assumptions, quantify uncertainty, and validate economic risk drivers with technical and project stakeholders.
- Develop and maintain project and/or program risk registers with input from project and client team members.
- Develop and maintain quantitative economic risk models to evaluate the probability and impact of alternative project outcomes, including downside and upside scenarios.
- Conduct quantitative cost and schedule risk analysis (QCRA/QSRA) using probabilistic and simulation based methods to evaluate forecast uncertainty and outcome distributions.
- Analyze economic drivers of project risk, including market conditions, labor and commodity trends, productivity assumptions, and systemic risk factors.
- Prepare economic risk assessments, forecasts, and scenario analyses to support project managers, executives, and clients in strategic decision making.
- Advise project leadership on risk adjusted contingency and schedule reserve ranges based on quantitative economic analysis.
- Prepare project and/or program risk reports as required.
- Support project teams in developing and implementing appropriate internal and external response plans for critical risks.
- Work with project teams to determine appropriate contingency and schedule reserve amounts.
- Provide training to junior risk managers and other staff as required.
- Strong attention to detail while maintaining a big-picture point of view.
- Ability to manage challenging behaviors and maintain effective working relationships based on diplomacy while maintaining independence and not swayed in judgment or course of actions.
- Demonstrate strong organizational, analytical, and multi-tasking skills (i.e., ability to handle multiple projects simultaneously).
- Performs other duties as assigned.
- Travel as required
Who You Are
Required Qualifications:
- Bachelor’s degree in Engineering, Construction Management, Economics, Finance, or relevant field
- 12 years of experience in risk management; construction management; project management; and/or contract or change management
- Knowledge of general risk management and project control standards and frameworks, (e.g., AACE International, APM, IRM, Project Management Institute, ISO 31000).
- Experience in facilitating quantitative risk analysis (QRA) workshops on cost and schedule.
- Experience in conceptualizing and developing risk models using analytical methods.
- Working knowledge of cost risk analysis software (@Risk, Acumen Risk, Crystal Ball etc.) and schedule risk analysis software (OPC, Primavera Risk Analysis, etc.).
- Experienced in development and management of diverse teams.
- Experience in preparing risk reports and documentation
- Proven track record of upholding workplace safety and ability to abide by WSP’s health, safety and drug/alcohol and harassment policies
- Exercise responsible and ethical decision-making regarding company funds, resources and conduct and adhere to WSP’s Code of Conduct and related policies and procedures
Preferred Qualifications:
- Engineering / Economics / Project Controls Management background.
- Experience in multiple sectors (e.g., transportation, energy, aviation etc.) and familiar with project/program delivery processes.
- PMP, PMI-RMP or other certification
- Experience in effectively reporting and communicating risk analysis outcomes to wider project team.
- Experience in Strategic and / or Enterprise Risk Management is a plus
- Experience in FTA funded programs
- Knowledge and understanding of Federal, state, and local transportation administration regulations and policies
- Practical Knowledge of Power BI and other reporting suite tools.
- Commercial acumen in relation to business development
- Knowledge of planning tools (e.g., P6, MS Project)
AuditFriendly salary estimate
The employer did not post a salary for this role. Based on AuditFriendly's salary intelligence model (comparable live postings, role, seniority, and location), we estimate base pay of $125,000–$174,000 per year (median ~$150,000). This is an AuditFriendly estimate, not an employer-provided figure.
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