Senior Risk Analyst 1277CW Somerset energy innovation centre, Somerset PAYE £386.74 or Umbrella £539.18 Decision-Making
• The jobholder will be accountable for the Risk information they generate, associated with Project delivery and the management of Project progress and forecasting data. The jobholder will have authority to make decision relating to the maintenance of Project data and Reporting, within their area of work, and will be expected to identify programme/area issues and suggest resolutions or changes.
Principal Accountabilities
• The Senior Risk Analyst will be the face of Risk management in their nominated Programme/Area in the Project, bringing confidence to stakeholders that they are performing the right steps to identify, analyse, respond to and manage their Risk Outputs.
• Providing assurance of the maintenance of all Risk and Opportunity data for the Programme/Area within the Risk software system e.g. ARM.
• Assurance of the delivery of Risk and Opportunity reports to a defined reporting cycle, including commentary on key time-related drivers and performance issues ensuring the quality of the output
• The Senior Risk Analyst will support the Programme/Area Directors implement Risk management by:
o Reviewing and challenging the significant issues that may impact programme/area objectives
o Supporting issue and opportunities reviews and workshops and specialist risk focussed sessions (i.e. scenario planning).
o Analysis of risk data and the connection of this data across the Project, in conjunction with the project controls managers and risk leads
o Challenging the uncertainties of risk data over time to allow prioritisation and decision making.
o Ensuring a comprehensive risk portfolio is maintained and reflective of the current project position.
• Working with colleagues in IPC to ensure that the Project schedule and cost estimates are informed by high quality risk information (at delivery and portfolio levels).
• Work with the PCMs to support the programme/area teams and where appropriate Tier 1 Contractors to assess contractor-held Risk and their views on Programme-held risks and opportunities that impact upon them.
• Identify and support the implementation of enhancements to integrated risk management procedure, process, reporting and tools.
• Accountable for the production and presentation of accurate, insightful project controls information at the Programme Reviews and Board Meetings, ROTCs, Portfolio Risk Review as required.
• Responsible for the management and verification of information within the PowerBI dashboards and providing proposals for improvement from the Programme/Area teams.
• Lead Risk management and Risk software specific training to the Programme/Area team, PM community and apprentices and provide recommendations of additional training requirements, or improvements to existing training.
Knowledge, Skills, Qualifications & Experience
Knowledge & Skills
• Able to deliver accurate and concise Risk insights to drive evidence-based decision making, utilising commercial and technical information, to influence project decisions and support the management of risks/opportunities.
• Understanding and/or practical experience of wider project controls disciplines enabling Risk management to be integrated with cost, schedule and change, and provide assurance that risk and opportunity reporting and outputs of risk analysis aligns with other project data.
• Excellent analytical, critical thinking and problem-solving skills.
• Proven ability to facilitate risk conversations with colleagues at all levels, including Executive and Director leadership.
• Effectively communicates complex issues and concepts (unique insights) in simple ways, to both technical and non-technical senior audiences.
• Strong organisational and time management skills, with the ability to prioritise and delegate tasks to other team members.
• Possesses high work standards and sets ambitious, yet attainable goals. Constantly drives to streamline and simplify to deliver business value.
• Ability to effectively collaborate with colleagues within and across organisational boundaries to achieve mutually successful outcomes.
• Ability to assure the quality of others work supporting them in developing to effectively deliver outputs.
• Ability to expertly use and guide others in the use of Risk management software
• Ability to draw from best practice across industry to implement changes for improved performance.
Qualifications & Experience
• Desirable degree level or equivalent qualification in project management, project controls, engineering, or another related field
• Industry recognised project controls and/or risk management qualifications, such as Management of Risk Practitioner and/or APM Risk Level 2.
• Demonstrable experience of working as an expert in risk management and expert knowledge of risk/project controls including the tools, and a variety of techniques used to deliver project insight and assess performance
• Experience of working in a project management environment and desirable construction experience
• Experience of working in the Nuclear Industry or other highly regulated industry
Tools and Software
The jobholder will be expected to have expertise in the use and supporting training of others, of the following (or similar equivalent) software tools:
• Microsoft Office software (Excel, Word, PowerPoint, Access)
• ARM (Risks, Opportunities).
• Safran (QSRA).
• Power BI (Business Intelligence Analytics).
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