Senior Risk Analyst

Role

Senior Risk Analyst

Position:
Contract

Location:

Hinkley Point - Hybrid working / 3 days on-site

Duration: 12 months

Pay: £425 (paye) – £563 (umbrella)

Working within a key aspect of an Integrated Project Controls (Risk) team, our team aims to act as a centre of excellence for project controls implementation. We are the intelligent owners of the single source of delivery performance information, operating as a integrated enabler for the successful delivery of the HPC project. We work as part of a matrix organisation supporting one of the following programmes/areas within the project:
Central, Site, Engineering, MEH, Nuclear Island (NI), Conventional Island and Balance of Plant, Instrumentation and Controls, and Commissioning. The role of Senior Risk Analyst is to act as an expert of the Risk team across the parts of HPC project following the Risk strategy uniformly across the project. They will act as a technical lead for the Risk team ensuring the implementation of Risk specific processes and framework.

They will follow all governance arrangements for the Risk team providing effective reporting of Risk and Opportunity information in a timely and accurate manner, supporting others to achieve the same results. They will manage the delivery of specific contracts which range in value from £10m to £500m. The Senior Risk Analyst will be required to direct workload and provide guidance to the Risk Analysts or Trainee Risk Analysts on a day‑to‑day basis to enable them to support the Risk and project controls activities on the project.

• The Senior Risk Analyst will be the face of Risk management in their nominated Programme/Area in the Project, bringing confidence to stakeholders that they are performing the right steps to identify, analyse, respond to and manage their Risk Outputs.
• Providing assurance of the maintenance of all Risk and Opportunity data for the Programme/Area within the Risk software system (e.g. ARM).
• Assurance of the delivery of Risk and Opportunity reports to a defined reporting cycle, including commentary on key time‑related drivers and performance issues ensuring the quality of the output.
• The Senior Risk Analyst will support the Programme/Area Directors implement Risk management by:
  • Reviewing and challenging the significant issues that may impact programme/area objectives.
  • Supporting issue and opportunities reviews and workshops and specialist risk‑focussed sessions (i.e. scenario planning).
  • Analysis of risk data and the connection of this data across the Project, in conjunction with the project controls managers and risk leads.
  • Challenging the uncertainties of risk data over time to allow prioritisation and decision making.
  • Ensuring a comprehensive risk portfolio is maintained and reflective of the current project position.
  • Working with colleagues in IPC to ensure that the Project schedule and cost estimates are informed by high quality risk information (at delivery and portfolio levels).
  • Work with the PCM's to support the programme/area teams and, where appropriate, Tier 1 Contractors to assess contractor‑held Risk and their views on Programme‑held risks and opportunities that impact upon them.
  • Identify and support the implementation of enhancements to integrated risk management procedure, process, reporting and tools.
  • Accountable for the production and presentation of accurate, insightful project controls information at the Programme Reviews and Board Meetings, ROTCs, Portfolio Risk Review as required.
  • Responsible for the management and verification of information within the Power
    
    BI dashboards and providing proposals for improvement from the Programme/Area teams.
  • Lead Risk management and Risk software specific training to the Programme/Area team, PM community and apprentices and provide recommendations of additional training requirements, or improvements to existing training.

• Able to deliver accurate and concise Risk insights to drive evidence‑based decision making, utilising commercial and technical information, to influence project decisions and support the…