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Added 6 mins ago
SEO & Online Marketing Specialist
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Full-time
Our streamlined and cost-effective operations enable us to quickly implement and comply with government funding guidelines, making us the ideal choice for organizations in the Arctic region.
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Jacobs

Risk Analyst

Toronto, ON, Canada

Pay: $75,000 to $115,000 USD / year
Job type: Full-time
Apply by: Oct 23, 2026
Experience: At least 2 years in risk management, or similar role, or 7+ years of related industry experience in lieu of Bachelors degree.
Posting language: English
Posted: Sep 23, 2026

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Original job description

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good.

Your impact

We're seeking a talented Risk Analyst to join our growing, dynamic team in Toronto. We'll lean on you for demonstrated strong teamwork skills, communication skills, quality discipline, workload awareness, and commercial/financial acumen. To be successful in this role, you'll have the ability to work a Hybrid model coming in two days a week at our assigned Jacobs office nearest you across the United States.

Key Responsibilities

Support the overall goals and priorities of the Risk Management team.
Manage program/project risk for specific clients including Cost and Schedule Risk Analysis (“CSRA”).
Perform complex commercial and financial risk analysis/modelling enabling clients to make informed decisions for major construction.
Utilize advance Artificial Intelligence (“AI”) tools to enhance delivery and increase efficiency.
Lead and participate in regular risk reviews to identify, capture, and sanction risks, able to apply advance Monte Carlo analysis to inform and recommend appropriate mitigation actions and financial impacts.
Manage the assessment, evaluation, prioritization, and update of risks for several Programs or Projects. Monitor and measure the associated mitigation actions to prevent risk occurrence.
Conduct risk assessment workshops and training with the project teams and program departments, identify and define risks, evaluate potential impact, and develop effective risk mitigation measures to diminish potential budget and schedule impacts to projects or the program.
Define risk management framework (policy, strategy, plan), establish risk management process, and organize risk management resources with leadership support.
Direct and review the cost of mitigation action, budget and actual (both in the risk register and work breakdown structure) and evaluate risks to ensure the Program or Project contingency reserve value is accurate and rigorous cost controls are applied. Perform cost / benefit analysis against contingency reserve actions.
Prepare weekly, monthly, semi-annual, and annual reports for risk data, and conduct multiple Risk Assessment Briefings for client and program management.
Engage in performing QA/QC tasks for all client deliverables including completion to QA/QC logs.
Effective team communication, running regularly scheduled team meetings, and ensuring cross project alignment.

Bring your curiosity, passion for innovation, and talent for multi-tasking in a fast-paced environment. We’ll help you grow, pursue and fulfill what inspires you – so we can make big impacts on the world, together. 

Here's what you'll need

Bachelors degree in Construction Management, Engineering, Architecture, or related field.
At least 2 years in risk management, or similar role, or 7+ years of related industry experience in lieu of Bachelors degree.
Experience or vast understanding of Project Controls (estimate/cost and schedule).
Excellent knowledge of risk methodology and tools, knowledge of key functional disciplines including Engineering, Operations and Procurement.
Effective & persuasive in building a network of contacts, creating strong relationships with performing functional areas and clients.

Ideally, you'll also have

Experience working on major construction projects/programs.
Excellent analytical, organizational, interpersonal, verbal, and written skills.
Familiarity with IOS 31000 or similar standards, although not a requirement.

Posted Salary Range Minimum

75,000.00

Posted Salary Range Upper

115,000.00

The base salary range for this position is $75,000.00 to $115,000.00. This range reflects the minimum and maximum target for new hire salaries for the position across Ontario, Canada locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. This job posting is for an existing vacancy.

At Jacobs, we use AI-driven recruitment to match top talent with opportunity - however, human connection and fairness remain at the heart of every hiring decision.

Jacobs welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request an accommodation, please select here.

We value collaboration and believe that in-person interactions are crucial for both our culture and client delivery. We empower employees with our hybrid working policy, allowing them to split their work week between Jacobs offices/projects and remote locations enabling them to deliver their best work.

Your application experience is important to us, and we’re keen to adapt to make every interaction even better. If you require further support or reasonable adjustments with regards to the recruitment process (for example, you require the application form in a different format), please contact the team via Careers Support.

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More about this job

Responsibilities

Manage project and program risks, including cost and schedule analysis, risk reviews, Monte Carlo modeling, mitigation planning, and contingency assessments. Establish risk management processes, lead workshops and briefings, prepare reports, and ensure quality and alignment across client deliverables and teams.

Requirements

A bachelor's degree in construction management, engineering, architecture, or a related field is required, along with at least two years of risk management experience; seven or more years of related industry experience may substitute for the degree. Candidates should understand project controls, cost estimating and scheduling, risk methodologies and tools, and key engineering, operations, and procurement disciplines.

Skills

Risk Management
Cost And Schedule Risk Analysis
Financial Risk Modeling
Project Controls
Monte Carlo Analysis
Risk Assessment
Risk Mitigation
Contingency Planning
Cost-Benefit Analysis
Artificial Intelligence Tools
Quality Assurance And Quality Control
Communication
Teamwork
Analytical Skills
Commercial Acumen
Client Relationship Building

Visa sponsorship

Not detected in the job text

Keywords

Risk Management
Cost And Schedule Risk Analysis
Project Controls
Cost Estimating
Schedule Analysis
Financial Risk Analysis
Risk Modeling
Monte Carlo Analysis
Artificial Intelligence
Risk Reviews
Risk Assessment Workshops
Risk Registers
Risk Mitigation
Contingency Reserves
Cost-Benefit Analysis
Work Breakdown Structure
Quality Assurance
Quality Control
Risk Management Framework
Risk Management Policy
Risk Management Strategy
Risk Management Plan
Construction Projects
Engineering
Operations
Procurement
ISO 31000
Client Reporting

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