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Project Risk Analyst

2 months ago


Bath, Bath and North East Somerset, United Kingdom TRS Staffing Full time
About the Role

We are seeking a highly skilled Risk Analyst to join our team at TRS Staffing. As a Risk Analyst, you will play a critical role in identifying, evaluating, managing, and mitigating risks and opportunities to drive the progression of successful projects.

Key Responsibilities
  • Accurately identify and develop an understanding of risk events (and opportunities) that may threaten (or enhance) a project's success.
  • Identify key project stakeholders and develop strong working relationships within client teams, including project managers, engineers, construction professionals, legal and compliance experts, regulatory specialists, cost managers, schedule coordinators, change management specialists, land and consents experts, etc.
  • Assist clients in communicating risks at board level and in C-suite discussions by building comprehensive data models, using existing and novel tools, to portray risk information in a digestible format.
  • Provide relevant and accurate information to clients using various mediums to promote risk-enhanced discussion and decision-making, including suggesting the most appropriate mitigation and controls options.
  • Undertake Quality Control and Risk Assessment (QCRA) and Quantitative Schedule Risk Analysis (QSRA) using relevant software (@Risk, Deltek Acumen, Safran) to quantitatively model and report on ongoing project risk exposure.
  • Support project discussions on contingency and risk allowance based on QCRA and QSRA outputs by providing risk allowance suggestions and supporting narratives.
  • Develop and maintain risk and opportunity registers, as well as all associated reporting.
  • Enhance reporting processes by adapting to client systems and needs, including providing project risk insights in line with regulatory requirements.
  • Work collaboratively across multiple project areas and client stakeholders to accurately gather and disseminate risk information.
  • Aid communication between stakeholders, reduce conflicts and ambiguity, and support consensus in recommendations.
  • Monitor risk-linked deadlines and proactively chase mitigation actions.
  • Work across multiple projects to deliver best-in-class risk management.
About You

The ideal Risk Analyst for this role is someone with an in-depth understanding of risk management and quantitative risk management and its place within the project structure. You will be a forward-thinking individual who drives collaboration and communication both inside and outside of the business. You will have experience in client management and an appetite to keep learning and maintain your risk management skillset.

Requirements
  • International Certificate in Enterprise Risk Management (or equivalent) preferred.
  • Experience in PMO within risk and control or project management.
  • Strong analytical skills with an ability to understand complex projects and regulatory systems with a focus on construction and the built environment.
  • Must have strong communication skills to clearly articulate ideas, as well as lead the facilitation of various workshops (internal and client-facing).
  • Proactive team player who sources appropriate data and engages with appropriate people in order to gather information.
  • Previous experience within a consultancy environment strongly desirable.
  • Able to work on own initiative.
  • A strategic thinker with broad problem-solving skills.
  • Experience working in a client-focused environment with a personal commitment to the delivery of excellent client service.