Pensions Risk Analyst in Luton

An exciting opportunity has arisen for a Risk Analyst to join the Risk Function Team and support the continued development and delivery of Leonardo's Enterprise Risk Management framework across the Electronics Division. This role offers an excellent opportunity for someone with existing risk and analytical experience to further develop their capability within a complex, highly regulated and strategically important environment. The role reports into the Enterprise Risk Manager and is to be based at Edinburgh, although we will consider other locations including Luton and Newcastle, with travel to other Leonardo UK sites and occasional travel to Italy as required.

The successful candidate will work closely with Process and Risk Owners and functional teams to support the identification, assessment and management of both threats and opportunities across the business. The role will involve facilitating and supporting risk discussions and workshops, maintaining risk information within the corporate risk management system, and helping ensure mitigation actions are appropriately tracked and evidenced through to completion. A key aspect of the role is supporting the delivery of insightful risk reporting that enables informed decision making.

We are looking for someone with strong analytical capability who can interpret data, identify trends, develop predictive analytics using AI and present information clearly for a range of stakeholders. Experience developing dashboards and reporting in Power BI would be highly advantageous, particularly the ability to translate complex information into visually engaging outputs. The role will also support quantitative risk analysis activity, including interpretation of Monte Carlo analysis and S-Curves. Candidates should therefore be comfortable working with data and able to apply a logical and structured approach to analysis and problem solving.

The successful candidate will need to communicate confidently with colleagues across all levels of the business, building effective working relationships and supporting the continued promotion of a positive and proactive risk culture across Leonardo. This position would suit someone who is organised, commercially aware and keen to continue building a career within enterprise risk management, while contributing to the ongoing maturity and effectiveness of risk management across the business.

What You'll Bring

• Deep understanding of Risk Management frameworks and corporate governance principles
• Previous experience within Enterprise Risk Management, Project Risk, or a related governance environment
• Experience facilitating or supporting risk workshops, interviews, or risk review activities
• Strong analytical and problem-solving capability
• Experience using Power BI and/or advanced Excel to develop dashboards, reporting or data visualisations and familiarity with SQL, Python or Talend is highly advantageous.
• Strong communication and stakeholder engagement skills, including the ability to collaborate confidently with senior stakeholders
• Strong organisational skills with the ability to manage competing priorities effectively
• High competency across Microsoft Office applications
• Ability to work collaboratively within a team environment while also operating independently when required
• Right to work in the UK and willingness to travel occasionally to other Leonardo sites
• Eligibility for SC clearance – while you don't need to have it yet, you should meet the requirements to obtain it (usually 5 years' continuous UK residency and the ability to pass background checks).

Additional experience as follows would be welcomed but is not essential:

• Bachelors' or Master degree in Finance, Economics, Mathematics or similar STEM subject is beneficial or be working towards qualifications in Risk Management, Project Management, or related disciplines
• Previous experience within Aerospace, Defence, Engineering, Manufacturing or Technology sectors
• Experience working within a large, complex, or highly regulated organisation
• Knowledge or experience of audit, assurance, or compliance-related processes
• Experience working with enterprise risk management systems or governance tools
• Exposure to Monte Carlo analysis, S-Curves, or quantitative risk analysis techniques

This role is subject to pre-employment screening in line with the UK Government's Baseline Personnel Security Standard (BPSS). We offer a comprehensive, company-funded benefits package that supports your wellbeing, career development, and work–life balance. Whether you're looking to grow professionally, care for your health, or plan for the future, we're here to help you thrive.

Secure your Future: Benefit from our award-winning pension scheme with up to 15% employer contribution.

Free access to mental health support, financial advice, and employee-led networks championing inclusion and diversity.

Rewarding Performance: All employees at management level and below are eligible for our bonus scheme.

Never Stop Learning: Free access to 4,000+ online courses via Coursera and LinkedIn Learning.

Refer a friend: Receive a financial reward through our referral programme.

Flexible working: Flexible hours with hybrid working options. For part time opportunities, please talk to us about what might be possible for this role.

Headquartered in Italy, we employ over 53,000 people worldwide including 8,500 across 9 sites in the UK. At Leonardo we are committed to building an inclusive, accessible, and welcoming workplace.