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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 PracticeExperience/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