Financial Risk Analyst

Overview

This range is provided by Brooksource. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

$35.00/hr - $50.00/hr

Position Title: Risk and Financial Management Support Specialist

Reports To: Project Manager / PMO Director

FLSA Status: Contract/Full-Time Equivalent

The Risk and Financial Management Support Specialist will provide dedicated support to large-scale tier 1 VSP IT modernization projects. This role bridges two critical functions: (1) managing risk and issue tracking and (2) supporting financial oversight, including budget tracking, spend plan updates, and reporting. The specialist will work closely with Project Managers and the PMO to ensure risks, issues, and financials are documented, reported, and communicated accurately and on time.

• Subject Matter Expertise
  • Develop subject matter expertise through formal and informal training and partnering with key project team members for knowledge transfer thereby providing additional value add to the team through the lens of risk management
  • Utilize the aforementioned subject matter expertise and a natural curiosity to better identify risks and issues and the corresponding mitigation plan on a project
  • Partner with Project Managers to identify, track, and mitigate risks throughout the lifecycle of the project; raise awareness to Project Managers before thresholds are exceeded
  • Solicit for, gather, document and actively manage risks and issues with a regular cadence during the lifecycle of the project with project team members and stakeholders. Propose mitigation strategies and seek buy-in where appropriate. Review cadence via status meetings, calendar, milestone, project phase or stage-gate-based
  • Attend project status meetings, scrum readouts, and key bureau sessions to capture risks and issues in real time
  • Maintain the project’s risk and issue register, including probability, impact, mitigation strategies, and cost implications (as applicable)
  • Distinguish between internal risks (managed within the project) and external risks (reportable to VITA)
  • Deliver a concise and complete monthly risk readout as agreed up with the project manager
  • Coordinate with PMO to ensure risk reporting is aligned, consistent, and audit-ready
  • Act as an advisor — providing insights to PMs without overriding their authority
  • Support project financial tracking, including spend plan updates, variance analysis, and budget forecasting
  • Assist with preliminary budget data entry and validation for Planview and other
  • Assist in gathering and organizing staff time allocation data for projects
  • Collaborate with Project Managers to create insightful analytics and compelling presentations for executive review and reporting
  • Support VITA-VSP liaison with external agency and state reporting.

• Reporting & Compliance
  • Coordinate with project managers to ensure mandated reporting requirements are met (risk, issue, and budget submissions)
  • Support compliance with State audit, procurement, and risk management standards
  • Prepare consolidated risk and financial dashboards for PMO leadership and executive stakeholders; review internally in advance of VITA reporting to ensure alignment and accuracy

• Bachelor’s degree in Business Administration, Finance, Information Systems, or related field (preferred).
• 3–5 years of experience in project management support, risk management, financial analysis, or IT project delivery.
• PMP certification required;
  Familiarity with ITIL, or similar project management frameworks.
• Strong skills in MS Project, Excel, SharePoint and Planview (or comparable portfolio management tools).
• Excellent analytical, organizational, and communication skills.
• Ability to balance attention to detail with the need to provide high-level summaries for leadership.

• Mid-Senior level

• Contract

• Finance, Information Technology, and Consulting

• Public Safety, IT Services and IT Consulting, and Financial Services

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