At a Glance
- Tasks: Lead risk management processes and provide expert insights for project success.
- Company: Join a leading nuclear project team at Mactech, known for innovation and excellence.
- Benefits: Competitive pay, professional development, and a chance to work on impactful projects.
- Other info: Dynamic team culture with opportunities for growth and learning.
- Why this job: Make a real difference in risk management within a high-stakes environment.
- Qualifications: Experience in risk management and strong analytical skills required.
The predicted salary is between 30000 - 40000 £ per year.
The role of Senior Risk Analyst is to act as an expert of the Risk team across the parts of HPC project following the Risk strategy uniformly across the project. They will act as a technical lead for the Risk team ensuring the implementation of Risk specific processes and framework. They will follow all governance arrangements for the Risk team providing effective reporting of Risk and Opportunity information in a timely and accurate manner, supporting others to achieve the same results. They will manage the delivery of specific contracts which range in value from £10m to £500m. The Senior Risk Analyst will be required to direct workload and provide guidance to the Risk Analysts or Trainee Risk Analysts on a day-to-day basis to enable them to support the Risk and project controls activities on the project.
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:
- Reviewing and challenging the significant issues that may impact programme/area objectives.
- Supporting issue and opportunities reviews and workshops and specialist risk focussed sessions (i.e. scenario planning).
- Analysis of risk data and the connection of this data across the Project, in conjunction with the project controls managers and risk leads; challenging the uncertainties of risk data over time to allow prioritisation and decision making.
- 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 PCM's 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
- 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
- Microsoft Office software (Excel, Word, PowerPoint, Access).
- ARM (Risks, Opportunities).
- Safran (QSRA).
- Power BI (Business Intelligence Analytics).
For this role you must have evidence of right to work in the UK. As a project, we do not discriminate on the grounds of age, gender, race, colour, religion, disability or sexual orientation, and we welcome applications from all sections of the community.
Senior Risk Analyst in Bridgwater employer: HPC Jobs Service
Mactech is an exceptional employer located at Hinkley Point, offering a dynamic work culture that prioritises collaboration and innovation in risk management. Employees benefit from competitive pay, comprehensive training opportunities, and the chance to work on significant projects within the nuclear industry, fostering both personal and professional growth. With a commitment to diversity and inclusion, Mactech creates an environment where every team member can thrive and contribute meaningfully to project success.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk Analyst in Bridgwater
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their risk management strategies and be ready to discuss how your skills align with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Practice your responses to common interview questions, especially those related to risk analysis and project controls. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Risk Analyst in Bridgwater
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in risk management and project controls. We want to see how your skills align with the Senior Risk Analyst role, so don’t hold back on showcasing your relevant achievements!
Showcase Your Analytical Skills:As a Senior Risk Analyst, you'll need to demonstrate strong analytical and problem-solving abilities. Use your application to provide examples of how you've tackled complex issues in the past, especially in risk management or project environments.
Keep It Clear and Concise:We appreciate clarity! Make sure your application is well-structured and easy to read. Avoid jargon where possible and focus on delivering your message in a straightforward manner. This will help us understand your qualifications quickly.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at StudySmarter.
How to prepare for a job interview at HPC Jobs Service
✨Know Your Risk Management Inside Out
Make sure you brush up on your risk management knowledge before the interview. Understand the key processes and frameworks mentioned in the job description, and be ready to discuss how you've applied these in past roles. This will show that you're not just familiar with the theory but can also implement it effectively.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to analyse specific risk scenarios or challenges. Think of examples from your previous experience where you identified, analysed, and managed risks. Practising these scenarios will help you articulate your thought process clearly during the interview.
✨Showcase Your Analytical Skills
As a Senior Risk Analyst, your analytical skills are crucial. Be prepared to discuss how you've used data to drive decision-making in past projects. Bring examples of reports or analyses you've produced, and be ready to explain how they influenced project outcomes.
✨Communicate Clearly and Confidently
You'll need to communicate complex risk concepts to both technical and non-technical audiences. Practice explaining your past projects and their outcomes in simple terms. This will demonstrate your ability to engage with stakeholders at all levels, which is essential for this role.