Risk Manager

Risk Manager

Full-Time 42000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead risk management for diverse projects, ensuring effective communication and stakeholder engagement.
  • Company: Join Westinghouse Electric Company, a leader in nuclear fuel innovation and sustainability.
  • Benefits: Enjoy a full-time role with opportunities for professional growth and collaboration across global teams.
  • Why this job: Be part of impactful projects that contribute to the UK's Net Zero 2050 commitment.
  • Qualifications: 5 years of relevant experience in risk management; APM certification preferred.
  • Other info: This role offers a chance to work with high-value projects worth over £1B.

The predicted salary is between 42000 - 84000 £ per year.

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The delivery of the Westinghouse UK Fuel Growth Program is essential to the future nuclear fuel products for all current and future reactor types and is a fundamental part of the UK Government’s Nuclear Roadmap and Net Zero 2050 commitment. The portfolio is fundamental to the Westinghouse UK Fuel long-term strategy and essential for the growth of Springfields Fuels site.

We are looking for a motivated and enthusiastic professional to join our project team as a Risk Manager. The role will be varied and wide ranging with the successful candidate supporting a diverse portfolio of projects in a number of operational production plant, laboratory, and site infrastructure support areas. The responsibilities start at business planning and follow through bid, delivery to contract closure.

Risk Manager will be responsible for providing management and leadership to the Risk Management function across the Springfields projects and programmes.

The Risk Manager reports to the UK SFL Head of PMO and will be responsible for the overall management and development of the risk management capability and risk support to projects and programmes. The portfolio of projects and programs has a significant market reputation, high in complexity and high value with an overall value in excess of approximately £1B. The role will require the management and co-ordination of a diverse set of stakeholders including representatives from Commercial, Finance, Operations, Safety and Quality internal departments in addition to stakeholders in the wider Westinghouse company such as the US and Japan. External stakeholders include UK Government DESNZ and NDA.

The role will include the setting up, management of, training and deployment of tools to effectively communicate a consolidated view of project and programme risk at a project and program level; ensuring identification, impact and probability assessments, treatments and a robust escalation and reporting process are defined.

The Risk Manager will have line management responsibility for a growing team of project risk professionals and support staff. The duty holder will have demonstrable experience in risk management.

Duties And Responsibilities

  • Develop risk and opportunity registers – including title, cause, consequence, ownership, actions.
  • Ensure that risks, issues, controls and benefits (opportunities) are monitored and reported through suitable processes.
  • Undertake quantitative and qualitative risk and opportunity analysis (as applicable) in support of ongoing management of the WEC ES Business and the delivery of programmes and projects
  • Develop and implement methodologies to enable scenario modelling for the WEC SFL/Fuel portfolio and integrate these into cost and schedule forecasting (for validated budget analysis).
  • Establish the required governance process (including definition of the audit schedule and its implementation) for risk and opportunity management for all work within the portfolio and ensure reliance can be placed on the outcomes of the assurance processes
  • Manage the production, maintenance and monitoring of integrated scope, cost and schedule baselines & underpinning data with regard to allocated risk and estimating uncertainty
  • Ensure adherence to the WEC risk process, where appropriate, via direct liaison with the central WEC risk management capability and challenge ‘constructively’ to seek advanced agreement on where revised / adapted processes and procedures will be implemented.

Qualifications

Education and Qualifications / Skills and Competencies:

  • 5 years relevant experience working within a similar role
  • Experience of risk and opportunity management strategies
  • Professional Certifications: APM
  • Experienced of Risk & Opportunity management in a portfolio/programme/project of M&E, CS&A packages of work on a design and build basis
  • Have good interpersonal skills and the ability to influence, persuade and communicate with people at all levels
  • Develop and implement key risk and opportunity management processes and procedures to enable efficient and effective management and control of the portfolio/programme/project.
  • Provide clear and concise guidance to the Head of Project Controls on actions required to optimise achievement of contract objectives given the current risk & opportunity level(s).
  • Maintain risk and opportunity data to demonstrate the continued viability of the Portfolio/Programme/Projects;
  • Ensure the accuracy of risk and opportunity data communicated and reported to all stakeholders and highlight any current and potential issues.
  • Integrity and Trust
  • Customer Focus and Innovation
  • Speed and Passion to Win

Teamwork and Accountability

Seniority level

  • Seniority level

    Mid-Senior level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Finance and Sales

  • Industries

    Utilities

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Risk Manager employer: Westinghouse Electric Company

Westinghouse Electric Company is an exceptional employer, offering a dynamic work environment in Salwick that fosters innovation and collaboration. With a strong commitment to employee growth, we provide extensive training and development opportunities, ensuring our team members are equipped to excel in their roles. Our inclusive culture values integrity, teamwork, and accountability, making it a rewarding place for professionals looking to make a meaningful impact in the nuclear energy sector.
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Contact Detail:

Westinghouse Electric Company Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Manager

✨Tip Number 1

Familiarise yourself with the specific risk management methodologies used in the nuclear sector. Understanding the unique challenges and regulations in this field will help you stand out as a knowledgeable candidate.

✨Tip Number 2

Network with professionals in the nuclear industry, especially those who have experience in risk management. Attend relevant conferences or webinars to make connections and gain insights that could be beneficial during interviews.

✨Tip Number 3

Prepare to discuss your experience with quantitative and qualitative risk analysis in detail. Be ready to provide examples of how you've successfully managed risks in previous projects, as this will demonstrate your capability for the role.

✨Tip Number 4

Research Westinghouse Electric Company’s recent projects and initiatives, particularly those related to the UK Fuel Growth Program. Showing that you understand their strategic goals will help you align your skills with their needs during the interview process.

We think you need these skills to ace Risk Manager

Risk Management
Quantitative and Qualitative Analysis
Stakeholder Management
Project Management
Interpersonal Skills
Communication Skills
Governance Processes
Scenario Modelling
Data Analysis
Problem-Solving Skills
Attention to Detail
Team Leadership
Contract Management
Process Improvement
Integrity and Trust

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in risk management, particularly in complex projects. Use specific examples that demonstrate your ability to manage risks and lead teams effectively.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Westinghouse Electric Company. Mention how your skills align with their needs, especially in managing diverse stakeholders and developing risk management strategies.

Highlight Relevant Qualifications: Clearly list any professional certifications you hold, such as APM, and detail your experience in risk and opportunity management. This will help establish your credibility and suitability for the position.

Showcase Interpersonal Skills: Since the role requires strong communication and influencing skills, provide examples in your application of how you've successfully collaborated with various teams or stakeholders in previous roles.

How to prepare for a job interview at Westinghouse Electric Company

✨Understand the Role Thoroughly

Before the interview, make sure you have a solid grasp of what the Risk Manager role entails. Familiarise yourself with the responsibilities listed in the job description, such as developing risk registers and managing stakeholder communications. This will help you articulate how your experience aligns with their needs.

✨Prepare for Scenario-Based Questions

Given the nature of risk management, be ready to answer scenario-based questions. Think about past experiences where you successfully identified and mitigated risks. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.

✨Showcase Your Interpersonal Skills

As a Risk Manager, you'll need to communicate effectively with various stakeholders. Be prepared to discuss how you've influenced and persuaded others in previous roles. Highlight any experience you have in cross-departmental collaboration or managing teams.

✨Demonstrate Your Analytical Skills

Risk management involves both qualitative and quantitative analysis. Be ready to discuss methodologies you've used for risk assessment and how you've integrated these into project planning. Providing specific examples will show your analytical capabilities and understanding of the field.

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