Principal Risk Specialist - - #1743390

Principal Risk Specialist - Project Controls

The location of the role is Bristol (hybrid working - 2 days per week onsite). The duration of the contract is 6 months. The pay rate on offer is £50 - £65 per hour (via Umbrella).

Active SC clearance required - sole British nationals only

Role Summary

The successful applicant will support Major bids and then projects or programmes within our Mission Systems business area.

Principal Risk Specialists are lead-level professional roles in the Risk discipline of the Project Management role family. These roles performs a range of more complex technical or operating activities within this discipline.

The role requires a deeper level of knowledge, skill, and qualifications to perform more specialised work across a broad range of processes, procedures, and systems, working under a moderate degree of supervision from a Line Manager.

Key Responsibilities (day to day duties)

• Manage the Risk Management process across the tender(s) and project(s).
• Author, implement and maintain the Project Risk Management plan.
• Implement Risk Management policies / procedures / process and instructions.
• Dependant on lifecycle phase: Establish and implement Risk Management Governance within the project. Maintain Risk Governance arrangements through the project lifecycle.
• Plan and conduct risk workshop facilitation.
• Management of Risk data, and quality assurance of Risk reporting
• Conduct complex quantitative risk analysis and modelling.
• Act as the Risk Management Subject Matter Expert on projects
• Manage the risk outputs assurance process, including data, analysis and reporting.

Additional Responsibilities:

• Support the Risk Discipline Lead in generating risk strategies and frameworks.
• Develop and implement the project Risk Management Plan
• Develop and implement Risk Management policies / procedures / process and instructions.
• Develop and assure training material/support to all stakeholders.
• Peer review and validate the planning and delivery of highly complex QRA.
• Support the Risk Discipline Lead in driving the Risk Community of Practice

Experience/Qualifications/Skills

Essential:

• Recent and relevant experience in a similar environment / business sector (complex defence and/or engineering projects/programmes).
• Advanced Risk & opportunity management techniques
• Experience of implementing Risk Governance, Risk Management methodologies, processes, systems and tools
• Full project lifecycle experience
• Excellent communication skills to convey complex risk insights to senior stakeholders.
• Ability to manage effective relationships with project stakeholders and interfacing functions.
• Excellent attention to detail and ability to prioritise and manage tasks effectively.
• Practical experience of quantitative risk analysis modelling tools.

Desirable:

• Experience in conducting integrated RAID management (Risk, Assumptions, Issues and Dependencies)
• Knowledge of various contracting methodologies (e.g., FIDIC/NEC/JCT)
• Extensive experience of designing and implementing Risk Management methodologies, processes, systems and tools.
• The ability to plan, develop and deliver QRA models using appropriate tools to analyse cost and schedule data.
• Experience in leading a Risk team.
• Experience in improving or implementing risk management approaches.
• Familiarity with Risk standards and Risk Governance frameworks
• Practical experience using several risk systems and tools.
• Batchelors degree level or equivalent qualification
• Relevant certifications or qualifications in risk management or related fields.