Project Risk Manager (Mega Projects)
The Project Risk Manager is accountable for comprehensive and cross-functional project risk identification, prioritization, and response planning. This role facilitates risk workshops, documents and codifies risk information, analyzes risk and project information, and provides risk findings to the project team and project leadership. This role embeds risk management within the broader project controls ecosystem linking cost, schedule, change, performance, and governance to provide early warning and credible forecasts. This raises risk awareness and supports the maximizing of risk response effectiveness.
The position partners closely with engineering, procurement, construction, contracts, and senior leadership to systematically identify, quantify, mitigate, and communicate risks and opportunities across all phases of the project lifecycle from conceptual design through commissioning and startup.
This position will be based out of the Nexus Cleveland Office with up to 50% travel to Akron, OH.
Key Accountabilities
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Establish and govern an enterprise grade project-level risk management framework aligned to mega-project governance with project controls, stage gates, and executive oversight
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Integrate qualitative and quantitative risk analysis with cost and schedule forecasting to support contingency setting, forecasting, and project management decisions
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Serve as an independent, objective advisor to project leadership on project health, uncertainty, and emerging threats with authority to challenge assumptions and forecasts
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Enable proactive, analytics-based decision-making through clear risk reporting, trends, and early warning indicators through integrated cost/schedule analytics and scenario modeling.
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Embed a strong risk culture across the project team, emphasizing risk ownership, monitoring, mitigation execution, and accountability
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Own integration of risk into project forecasts and contingency strategy
Core Responsibilities
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Develop and maintain the project risk management plan, risk taxonomy, scoring criteria, and governance cadence
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Lead structured, cross functional risk identification and mitigation workshops across engineering, procurement, construction, and commissioning
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Maintain a high-quality, audit ready risk register with clear risk statements, ownership, triggers, and residual risk
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Perform cost and schedule quantitative risk analysis, quantifying uncertainty into probabilistic cost and schedule forecasts
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Validate and recommend contingency levels based on quantitative analysis, track risk burndown, and assess mitigation effectiveness over time
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Lead integration with project controls on baseline strategy, forecast credibility, progress measurement, and performance trends
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Evaluate supply chain and execution risks, including long lead equipment, fabrication, logistics, labor, productivity, and site constraints and assess impact on cost, schedule and execution strategy.
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Interface with contracts and commercial teams to assess risk allocation, change exposure, and claims risk
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Monitor regulatory, permitting, interconnection, and stakeholder related risks
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Produce concise executive level dashboards, narratives, and decision support materials
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Support stage gate reviews, independent project assessments, and assurance activities
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Perform Monte Carlo based Cost and Schedule Risk Analysis
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Define and standardize risk workshop methodology and facilitation approach
Qualifications
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Bachelor’s degree in Engineering, Construction Management, Project Management, or related discipline
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8+ years of experience in project analysis, risk management, project controls, or major capital project delivery
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Experience supporting large megaprojects ($500M+; multibillion preferred)
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Proficient in project governance methodologies like the Project Definition Rating Index (PDRI) and Front End Loading (FEL) Index
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Strong understanding of integrated project controls, including cost, schedule, risk, change, and performance management
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Experience capturing and documenting lessons learned
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Demonstrated experience applying quantitative risk analysis to real world project decisions
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Ability to translate complex project data into clear, defensible insights for senior leadership
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Excellent facilitation, analytical, writing, and executive communication skills
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Preferred – strong understanding of the project lifecycle, information maturity
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Preferred – demonstrated ability to manage information uncertainty to drive proactive risk management
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Experience in EPC/EPCm environments on complex, multi-stakeholder projects
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Demonstrated ability to influence senior stakeholders and drive risk-informed decision making.
Competitive Benefits
Learn more about ourcompetitive benefits in detail.
Why Nexus?
Nexus Engineering Group, a distinguished independent full-service engineering, procurement, and construction management (EPCM) firm, provides comprehensive support to clients from concept through startup. With over a decade of demonstrated engineering and design success, Nexus stands out as the firm of choice for those valuing integrity and expertise.
At Nexus, you will be part of a talented and passionate team dedicated to excellence and innovation. We foster a collaborative and engaging work environment, making it a place where you’ll enjoy contributing to impactful projects. Joining Nexus means aligning with a firm renowned for its creativity, dedication, and relentless focus on achieving client goals.
Nexus Engineering Group, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, disability, sex, sexual orientation, gender identity or expression, age, national origin, veteran status, genetic information, union status and/or beliefs, or any other characteristic protected by federal, state, or local law.
Sponsorship & Work Authorization
We do not sponsor employees for work authorization in the U.S. for this position.
Third-Party Recruiting Policy
Learn more about our third-party recruiting policy.