Risk Analyst

Risk Analyst

Coventry Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join us as a Risk Analyst, managing project risks and supporting senior management decisions.
  • Company: Balfour Beatty VINCI delivers major infrastructure projects, including the HS2 railway.
  • Benefits: Enjoy flexible working, travel allowances, health assessments, and family-friendly policies.
  • Why this job: Be part of a diverse team on a groundbreaking project that shapes Britain's future.
  • Qualifications: 5 years' experience in risk analysis within construction; proficiency in QCRA tools and data management.
  • Other info: Located in Birmingham with easy transport links and a commitment to diversity and inclusion.

The predicted salary is between 36000 - 60000 £ per year.

Are you looking to progress your career by working on Britain’s biggest construction project? Balfour Beatty VINCI is collaborating with various organisations to design and build a 90km section of the West Midlands for HS2, Britain’s new high-speed railway. This project is crucial for enabling HS2 trains to travel between London and Birmingham, and onwards to Manchester. It\’s an exciting time to join us, as we are at peak construction, working on assets like bridges, tunnels, and viaducts. You would be part of a diverse team of 9,000 people from 72 nationalities working on this significant section of HS2 across the region. We currently offer an exciting opportunity for a Risk Analyst within the Commercial & Risk Function . This role is based on-site in Birmingham (Erdington) . Our office is conveniently located near major transport links, including the M6, M42, and rail services, with a shuttle bus from Birmingham city centre. Role Responsibilities: Facilitating the identification and response to project risks (threats and opportunities) through reviews and workshops. Maintaining and updating the risk register. Supporting the Risk Manager by analyzing risk information using qualitative and quantitative techniques to inform senior management of key threats and opportunities, and assessing exposure. Aggregating and reporting risks within the project. Monitoring and updating mitigation actions and their effectiveness through regular reviews. Developing SMART risk mitigations for critical project risks. Experience required: At least 5 years of experience as a risk analyst in a construction or civil engineering project environment. Experience with QCRA tools and techniques such as @Risk, ModelRisk, PRA, Safran, Monte Carlo simulation, interpretation, and reporting. Proficiency in data management, MS Excel, and PowerBI. Attention to detail and commitment to task completion. Strong interpersonal and communication skills. A proactive self-starter capable of managing time effectively and adding value to the team. Legal right to work in the UK is required. Benefits of working with us: Flexible working arrangements for some roles. Travel allowance for eligible candidates. Family-friendly leave policies. Health risk assessments. Access to employee assistance programs. Annual flu vaccinations. About Balfour Beatty VINCI: Balfour Beatty VINCI is a joint venture with over 30 years of experience delivering critical infrastructure projects like the Channel Tunnel. Currently, we are working on a 90km section of HS2 from Warwickshire to Staffordshire, involving significant structures such as viaducts, tunnels, underbridges, and underpasses. Our commitment to Diversity and Inclusion: We promote equal opportunities and welcome applicants from all backgrounds, including those with disabilities and neurodiversities. We are committed to creating an inclusive environment, supported by ED&I champions and strong accreditations. We encourage flexible working arrangements to accommodate individual needs during the recruitment process. #J-18808-Ljbffr

Risk Analyst employer: HS2 Ltd

Balfour Beatty VINCI is an exceptional employer, offering a dynamic work environment on one of Britain's largest construction projects, HS2. With a commitment to diversity and inclusion, flexible working arrangements, and robust employee support programs, we foster a culture that values growth and collaboration among our diverse team of 9,000 professionals. Located in Birmingham, our office provides easy access to major transport links, making it convenient for employees to commute while contributing to groundbreaking infrastructure development.
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Contact Detail:

HS2 Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Analyst

✨Tip Number 1

Familiarise yourself with the specific risk management tools mentioned in the job description, such as @Risk and Monte Carlo simulation. Being able to discuss your experience with these tools in detail during an interview will demonstrate your technical expertise and readiness for the role.

✨Tip Number 2

Network with professionals in the construction and civil engineering sectors, especially those who have worked on large projects like HS2. Engaging with industry contacts can provide valuable insights and potentially lead to referrals that could strengthen your application.

✨Tip Number 3

Prepare to showcase your analytical skills by bringing examples of how you've successfully identified and mitigated risks in past projects. This will help you illustrate your problem-solving abilities and proactive approach, which are crucial for a Risk Analyst.

✨Tip Number 4

Research Balfour Beatty VINCI's recent projects and their commitment to diversity and inclusion. Being knowledgeable about the company’s values and current initiatives will allow you to align your responses during the interview, showing that you are genuinely interested in being part of their team.

We think you need these skills to ace Risk Analyst

Risk Assessment
Qualitative and Quantitative Analysis
QCRA Tools Proficiency
@Risk Software
ModelRisk Software
PRA Software
Safran Software
Monte Carlo Simulation
Data Management
MS Excel Proficiency
PowerBI Proficiency
Attention to Detail
Interpersonal Skills
Communication Skills
Time Management
Proactive Problem-Solving

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Risk Analyst position. Understand the key responsibilities and required experience, especially in risk analysis within construction or civil engineering.

Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your proficiency with QCRA tools, data management, and any specific projects you've worked on that relate to risk analysis.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your experience in managing project risks and how you can contribute to Balfour Beatty VINCI's exciting HS2 project.

Highlight Soft Skills: In your application, don't forget to mention your strong interpersonal and communication skills. These are crucial for collaborating with diverse teams and effectively reporting risks to senior management.

How to prepare for a job interview at HS2 Ltd

✨Understand the Project

Familiarise yourself with HS2 and Balfour Beatty VINCI's role in it. Knowing the specifics of the project, such as its significance and challenges, will help you demonstrate your genuine interest and understanding during the interview.

✨Showcase Your Technical Skills

Be prepared to discuss your experience with QCRA tools and techniques. Highlight specific projects where you've used tools like @Risk or Monte Carlo simulation, and be ready to explain how these skills can benefit the team.

✨Emphasise Communication Skills

As a Risk Analyst, you'll need strong interpersonal skills. Prepare examples of how you've effectively communicated risk information to stakeholders in the past, showcasing your ability to convey complex data clearly.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities. Think of scenarios where you've identified risks and developed mitigation strategies. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

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