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Risk Management Intern

Company Description

Work with Us. Change the World.

At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the world's trusted infrastructure consulting firm, partnering with clients to solve the world’s most complex challenges and build legacies for future generations.

There has never been a better time to be at AECOM. With accelerating infrastructure investment worldwide, our services are in great demand. We invite you to bring your bold ideas and big dreams and become part of a global team of over 50,000 planners, designers, engineers, scientists, digital innovators, program and construction managers and other professionals delivering projects that create a positive and tangible impact around the world.

We're one global team driven by our common purpose to deliver a better world. Join us.

Job Description

AECOM is seeking a detail-oriented and analytical Risk Management Intern to join our team in New York, NY or Miami, FL. This internship offers an excellent opportunity to gain hands-on experience in risk assessment, analysis, and reporting within a dynamic financial environment.

This position is expected to begin in June 2025.

The responsibilities of this position include, but are not limited to: 

  • Review project documents and analyze project data, to develop risk profiles and risk registers for projects and programs,
  • Prepare and update the project risk registers; ensuring the quality, timeliness, and completeness of the information captured in the project risk register
  • Develop quantitative integrated cost and schedule quantitative models to support the informed decision making of a project and program,
  • Support facilitating cross functional risk workshops with project stakeholders including project, commercial, technical, and legal project professionals for asset classes including public transit, hospitality, healthcare, energy transmission and generation, water, and transportation.
  • Prepare interdisciplinary discussions to develop risk mitigation strategies, and ensure risk mitigation strategies are effectively implemented.
  • Issue risk management reports and presentations.

Qualifications

Minimum Requirements:

  • Candidates must be pursuing a Bachelor’s degree in Engineering, Architecture, Economics, Statistics, or a related technical field and must have completed at least 3 of years of study. Candidates who have recently graduated with a Bachelor’s degree and plan to continue with the Master’s degree are eligible to apply for these positions.  Recent graduates must have been enrolled in their bachelor’s degree in the most previous school term with an interest in pursuing an advanced degree in the same or similar discipline at the conclusion of the internship.
  • Strong analytics and use of MS Excel is necessary.
  • General understanding of the engineering and construction industry and programs/projects life cycle.

Preferred Qualifications:

  • Strong oral and written communication skills and desire to ask questions and learn from co-workers.
  • Pursuing a Master’s degree in Engineering, Architecture, Economics, Statistics, or related technical field.
  • Understanding of construction management fundamentals, project scheduling, cost estimating and project controls.
  • Familiarity with Monte Carlo simulation and any experience with applicable software, such as @Risk, Primavera P6, and/or Crystal Ball, is a plus.

Additional Information

  • Relocation assistance is not available for this position.
  • Sponsorship for US employment authorization is not available now or in the future for this position.
  • This position requires a hybrid work schedule which includes in office work in NYC or Miami, FL.  The selected candidate must be available to work in NYC or Miami, FL on a scheduled basis. 

About AECOM

AECOM is proud to offer comprehensive benefits to meet the diverse needs of our employees. Depending on your employment status, AECOM benefits may include medical, dental, vision, life, AD&D, disability benefits, paid time off, leaves of absences, voluntary benefits, perks, well-being resources, employee assistance program, business travel insurance, service recognition awards, retirement savings plan, and employee stock purchase plan.

AECOM is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $14.4 billion in fiscal year 2023. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

 

Freedom to Grow in a World of Opportunity 

You will have the flexibility you need to do your best work with hybrid work options. Whether you’re working from an AECOM office, remote location or at a client site, you will be working in a dynamic environment where your integrity, entrepreneurial spirit and pioneering mindset are championed.

You will help us foster a safe and respectful workplace, where we invite everyone to bring their whole selves to work using their unique talents, backgrounds and expertise to create transformational outcomes for our clients.

AECOM provides a wide array of compensation, benefits and well-being programs to meet the diverse needs of our employees and their families. We’re the world’s trusted global infrastructure firm, and we’re in this together – your growth and success are ours too.

Join us, and you’ll get all the benefits of being a part of a global, publicly traded firm – access to industry-leading technology and thinking and transformational work with big impact and work flexibility. As an Equal Opportunity Employer, we believe in each person’s potential, and we’ll help you reach yours.

All your information will be kept confidential according to EEO guidelines.

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What You Should Know About Risk Management Intern, AECOM

Are you ready to kickstart your career in risk management? AECOM, a leading global infrastructure consulting firm, is on the lookout for a dedicated and analytical Risk Management Intern to join our vibrant team in New York, NY or Miami, FL starting in June 2025. This is an incredible opportunity to dive into the world of risk assessment, analysis, and reporting while gaining hands-on experience in a dynamic financial environment. As a Risk Management Intern at AECOM, you will review project documents and analyze data, which will help you develop vital risk profiles and risk registers for various exciting projects across industries such as public transit, healthcare, and energy. You'll have the chance to collaborate with cross-functional teams, facilitating risk workshops and developing effective risk mitigation strategies. Your contributions will not only support informed decision-making but also shape the future of major infrastructure projects. To be considered, you'll need to be pursuing a Bachelor's degree in Engineering, Architecture, Economics, Statistics, or a related technical field, and ideally have strong analytical skills and a basic understanding of the engineering and construction industry. AECOM values innovation, and we encourage you to bring your bold ideas. If you're passionate about making a positive impact and are eager to learn, we invite you to join us and become part of a global team that is truly dedicated to delivering a better world. Don’t miss out on this chance for personal and professional growth – apply today!

Frequently Asked Questions (FAQs) for Risk Management Intern Role at AECOM
What are the responsibilities of a Risk Management Intern at AECOM?

As a Risk Management Intern at AECOM, you will be responsible for reviewing project documents to analyze data and develop risk profiles and risk registers. You will prepare and update these registers, ensuring accuracy and detail. Additionally, you will create quantitative models to support informed decision-making and facilitate workshops with project stakeholders, helping to devise and implement effective risk mitigation strategies.

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What qualifications do I need to apply for the Risk Management Intern position at AECOM?

To apply for the Risk Management Intern position at AECOM, you must be pursuing a Bachelor’s degree in Engineering, Architecture, Economics, Statistics, or a related field and have completed at least three years of study. Recent graduates who plan to pursue a Master's degree are also eligible. Key skills include strong analytical abilities, familiarity with MS Excel, and a basic understanding of the engineering and construction lifecycle.

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How can I prepare for the Risk Management Intern role at AECOM?

Preparing for the Risk Management Intern role at AECOM involves enhancing your analytical skills, gaining familiarity with tools like MS Excel for data analysis, and developing a foundational understanding of engineering and construction management principles. Additionally, engaging in projects related to risk assessment or taking relevant coursework can provide valuable insights and experience.

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What skills are preferred for the Risk Management Intern position at AECOM?

AECOM prefers candidates who possess strong oral and written communication skills and a genuine desire to learn. Understanding construction management fundamentals, project scheduling, and familiarity with Monte Carlo simulations or software like @Risk would also be advantageous for the Risk Management Intern position.

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Is relocation assistance available for the Risk Management Intern position at AECOM?

No, AECOM does not offer relocation assistance for the Risk Management Intern position. Candidates must be able to work in either New York, NY, or Miami, FL, on a scheduled basis as the role requires a hybrid work schedule.

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Common Interview Questions for Risk Management Intern
Can you explain what risk management means in the context of a project?

In the context of a project, risk management involves identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the impact of unfortunate events. Understanding this process will help you articulate effective strategies during your interview.

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What experience do you have with risk analysis tools or software?

During the interview, showcase any experience you have with risk analysis tools, such as MS Excel or Monte Carlo simulations. Providing specific examples of how you've utilized these tools will demonstrate your capability and understanding of risk management methodologies.

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How would you approach a situation where a significant risk was identified on a project?

You should outline a systematic approach to address the risk, including assessing its potential impact, discussing it with stakeholders, and developing mitigation strategies. Demonstrating your ability to communicate and act decisively is key.

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Describe a time when you worked on a team to solve a problem. What was your role?

Focus on a specific instance where you contributed to a team effort. Highlight your ability to collaborate, communicate effectively, and apply analytical thinking to help achieve a solution, as these skills are crucial for the Risk Management Intern role at AECOM.

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What do you believe are the key components of effective risk management?

Key components of effective risk management include thorough risk identification, accurate risk assessment, clear communication among stakeholders, and continuous monitoring of risks throughout the project lifecycle. Sharing your thoughts on these aspects shows your understanding of the topic.

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How do you prioritize risks when they are identified?

Explain that prioritizing risks involves analyzing the likelihood of each risk occurring along with its potential impact on the project. A risk matrix can be a useful tool in this process, demonstrating your analytical skills and structured approach.

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What role does communication play in risk management?

Communication is vital in risk management as it ensures all stakeholders are aware of potential risks and understand the mitigation strategies. Highlighting your communication skills will reinforce your suitability for the Risk Management Intern position.

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What motivates you to pursue a career in risk management?

Share your passion for problem-solving and how you enjoy analyzing data to guide decision-making. Discuss any relevant coursework or projects that sparked your interest in this field to personalize your response.

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How would you handle a disagreement with a team member about a risk assessment?

Emphasize the importance of open dialogue and collaboration in resolving disagreements. Describe your approach to listening, presenting data to support your perspective, and finding a mutually agreeable solution to ensure project goals are met.

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What are your thoughts on the importance of project risk registers?

Project risk registers are crucial as they compile all identified risks, their assessments, and mitigation strategies in one document, enabling better awareness and management of risks throughout the project lifecycle. This understanding showcases your analytical mindset and alignment with AECOM's objectives.

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As the world’s trusted infrastructure consulting firm, we’re committed to managing our business with the utmost responsibility and to always strive for better – whether by reducing emissions, creating social value or diversifying our senior leader...

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Internship, hybrid
DATE POSTED
February 25, 2025

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