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Contractual Construction Risk Management Jobs in Boston, MA

Partner with portfolio managers, analysts, and investment leadership to understand portfolio construction, risk drivers, and exposures while providing independent review, challenge, and oversight of ...

Director of Risk Management

Braintree, MA · On-site

$130K - $140K/yr

As Director of Risk Management, you will lead insurance program administration, claims management, vendor insurance compliance, contractual risk transfer, incident reporting, and loss prevention ...

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Contractual Construction Risk Management information

See Boston, MA salary details

$47.3K

$112.7K

$182K

How much do contractual construction risk management jobs pay per year?

As of Sep 12, 2026, the average yearly pay for contractual construction risk management in Boston, MA is $112,664.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,800.00 and $143,400.00 per year, depending on experience, location, and employer.

What is the difference between Contractual Construction Risk Management vs Construction Project Management?

AspectContractual Construction Risk ManagementConstruction Project Management
Primary FocusIdentifying, analyzing, and mitigating contractual risks in construction projectsPlanning, executing, and closing construction projects, including scope, schedule, and budget management
CredentialsRisk management certifications, legal knowledge, construction industry experienceProject management certifications (e.g., PMP), construction background
Work EnvironmentLegal and contractual settings, often working with legal teams and contractorsOn-site and office settings, coordinating teams and resources
Employer & Industry UsageConstruction firms, legal consultants, risk management firmsConstruction companies, general contractors, project owners

While Contractual Construction Risk Management focuses on managing contractual risks and legal issues, Construction Project Management oversees the entire project lifecycle, including planning, execution, and delivery. Both roles are essential but serve different aspects of construction projects.

What are the most commonly searched types of Construction Risk Management jobs in Boston, MA?

The most popular types of Construction Risk Management jobs in Boston, MA are:

Infographic showing various Contractual Construction Risk Management job openings in Boston, MA as of September 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $112,664 per year, or $54.2 per hour.

Construction Risk Associate

Boston, MA

$85K - $100K/yr

Full-time

Re-posted 20 days ago


Job description

The Role. 

The Construction Risk Associate plays a pivotal role in Ascent's success with high-value residential construction projects (SFR & MFR), utilizing their expertise to evaluate construction loan applications with precision and care. By analyzing financial data, project plans, and conducting detailed risk assessments, they ensure sound decisions that meet company standards and borrower needs. Their insights foster trust and reliability in construction lending operations, while their ability to collaborate with diverse stakeholders and deep knowledge of construction projects drives Ascent's operational excellence. 

The Work. 

  • Assess project feasibility, risk factors, and the borrowers' creditworthiness, applying Company underwriting guidelines to recommend an appropriate level of loan approval. 
  • Prepare comprehensive underwriting documentation, including risk assessments, loan conditions, and recommendations for loan approval or denial. 
  • Conduct site visits as necessary to assess project progress and ensure compliance with loan conditions. 
  • Contribute to decision-making for projects ranging in value from $3 million to $20 million, ensuring they meet stringent financial, regulatory, and investment criteria. 
  • Provide strategic insights that drive the company's growth and enhance its competitiveness in the market, ensuring cost-effectiveness and operational excellence. Stay informed about market trends, construction costs, and regulatory changes affecting the construction and banking industries. 
  • Translate complex project data into actionable financial insights to guide investment decisions and prioritize projects effectively. 
  • Consult with Loan Officers to package appropriate solutions to meet the needs of the borrower while ensuring profitable outcomes for Ascent. 
  • Work closely with relationship managers, borrowers, regulatory bodies, and internal and external partners to gather necessary information and address any concerns or questions. 
  • Monitor the performance of the construction loan portfolio, identifying and addressing any emerging risks or issues. 
  • Provide regular reports and updates to senior management on the status of construction loans and the overall health of the construction loan portfolio. 
  • Develop sophisticated financial models and conduct detailed risk analysis to support the evaluation, planning, and expansion of large-scale projects. 
  • Review portfolio reporting mechanisms to improve decision-making and accountability in asset performance. 
  • Advocate and support the integration of innovative digital solutions that optimize business processes and workflows, system functionality, and user experience. 
  • Demonstrate high ethical standards and professionalism when handling significant financial transactions and sensitive information. 
  • Ability to visit job sites to perform construction progress inspections, as needed.  
  • Ability to visit prospective sponsors for on-site meetings and meet with sponsors in person, as needed. 

 Your Knowledge & Experience. 

  • BA/BS in construction management, finance, business, real estate, or a related field, or equivalent practical experience in construction management, financial analysis and project financing 
  • 3+ years of underwriting or risk assessment experience in construction lending within the banking industry 
  • Advanced knowledge of financial modeling techniques, and tools like Excel and financial software platforms 
  • Experience communicating and collaborating with internal and external stakeholders 
  • Proficiency in relevant software such as construction management software (e.g., TrustPoint, Procore), and general office software (e.g., Microsoft Office Suite). 
  • Strong analytical and decision-making abilities 
  • Experience successfully multi-tasking and prioritizing work 
  • Experience consistently meeting deadlines in a fast-paced environment 

 The Pay. 

  • Salary Range: $85,000 - $100,000 per year 
  • Bonus: 20% per year 

 The Work Environment. 

  • This role is on-site from Ascent's Boston office, Monday - Thursday (Fridays are work-from-home).