Risk Analyst

The Risk Analyst will be responsible for supporting the Risk Lead in developing a risk reporting framework to comprehensively report on risks including the following: operational risks, strategic risks and retained risks.  The role holder shall provide leadership in risk and opportunity management throughout delivery, assisting the Risk Lead in ensuring that the risk and opportunity management processes are in place and being complied with across the project, including by the Project Delivery Partner and the appointed contractor(s).

The Risk Analyst will also assist in ensuring that there is a focus on the provision of timely and high-quality information, guidance and specialist advice on risk management.  The role holder will also ensure processes are continuously improved to ensure that they are practical, embedded and connected to all key stakeholders.

Principal Accountabilities 

• Support the implementation of risk management processes within teams in alignment with the overarching risk management policy and enterprise-wide risk framework.
• Assist in the rollout and integration of any updates to risk management practices within teams, as outlined in the broader risk improvement plan.
• Collaborate with the Risk Lead to ensure a consistent approach to risk management across all activities.
• Provide insights to support continuous improvement of the risk management framework, with emphasis on auditability, consistency, and traceability.
• Contribute to the maintenance of high-quality risk data that is robust, transparent, and accurately reflects the programme and project environments.
• Assist in facilitating cross-disciplinary workshops at both programme and project levels to support the identification and assessment of risks.
• Support programme and project teams in identifying and developing clear, measurable, and actionable risk management responses.
• When required, support the execution of quantitative risk analysis to assess programme or project risk exposure and integrate risk with cost and schedule.
• Support the Risk Lead in actively promoting the value and necessity of risk management across project and programme teams.
• Maintain project and programme risk registers and related risk documentation, ensuring quality control of risk data and reporting, including dashboards.

Experience

• Knowledge of risk management principles, methods, techniques, systems and toolkits
• In-depth understanding of the design and delivery requirements of technically complex projects in the architectural / engineering / construction sectors
• Experience of dealing with a range of stakeholders at all levels across the organisation influencing the improvement of process and providing guidance to support project delivery and reporting

Skills

• Ability to coordinate and organize multiple sources of reporting inputs / performance data and deliver project / programme reports as required
• An ability to work effectively in a team environment
• Excellent communication (both verbal and written) and interpersonal skills
• Ability to govern and drive outcomes to ensure high quality service