Principal Risk Specialist

Plymouth, Devon
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Westlakes Recruit are currently recruiting for a Prinicipal Risk Specialist to be engaged on a contract basis. Candidates will ideally be based in Plymouth 2/3 days a week.

Job description

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 Principal Specialist 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
Additional Responsibilities (post dependant):

Support Project Team's understanding of Assumptions, Issues and Dependencies in relation to risk management and the distinction between uncertainty and Risk.

Undertake Line Management activities including performance management and career development.

Support the definition and development of the risk management resource capability in consultation with the key stakeholders.

Provide oversight to risk meetings and reviews to ensure risk are managed effectively.

Manage the lessons learned process.

Remain informed of industry best practice, emerging risks, and regulatory requirements.
Qualifications
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 but not essential:

Experience in conducting integrated RAID management (Risk, Assumptions, Issues and Dependencies)

Knowledge of various contracting methodologies (e.g., FIDIC/NEC/JCT)

Previous Line Management experience

Knowledge of peer review process and learning from experience.

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.
Additional information
Candidates need to be sole UK national due to the nature of work

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Job Info
CV-Library logo
Job Title:
Principal Risk Specialist
Company:
CV-Library
Location:
Plymouth, Devon
Salary:
£500 - £600 Per day
Posted:
Jun 10th 2025
Closes:
Jul 11th 2025
Sector:
Military, Emergency & Government
Contract:
Contract
Hours:
Full Time
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