Risk Analyst

On behalf of Network Rail, we are looking for a Risk Analyst for a 6 month contract based Swindon, Bristol or Cardiff 3 day a week in the office.

Network Rail is at the heart of revitalising Britain's railway. From Crossrail - Europe's largest civil engineering project - to investment in world-class stations and major programmes of electrification, we are involved in some of the most ambitious and diverse ventures that this country has ever seen. We at Network Rail are dedicated to becoming one of Britain's best employers and believe this starts with placing the candidate at the heart of everything we do

This role is working on the Wales and Western Rail Capital Projects Programme

As a Risk Analyst, your main responsibilities will be:

• Facilitate and deliver Cost and Schedule Quantitative Risk Analysis (QRA) using @Risk and Safran to model uncertainty and provide probabilistic forecasts.
• Maintain and govern risk registers, ensuring risks from workshops and interviews are accurately captured, updated, and aggregated for escalation where necessary.
• Lead risk workshops and stakeholder interviews to identify, assess, and prioritise risks across major projects and programs.
• Analyse risk data to produce clear, actionable reports and executive briefings, supporting strategic decision-making and governance boards.
• Collaborate with managers and risk practitioners to embed risk management practices and ensure alignment across portfolios.
• Drive continuous improvement in risk frameworks, tools, and methodologies, providing training and mentoring to project teams.

Essential:

• Strong stakeholder engagement and facilitation skills with experience in major project environments. (Construction or Infrastructure)
• Proficiency in risk management tools including @Risk, Safran Risk, and data analytics platforms.
• Ability to translate complex risk data into clear insights for senior leadership.

Desirable:

• Network Rail Experience

Please be aware that this role can only be worked within the UK and not Overseas.

Network Rail is an equal opportunity employer and values diversity. They welcome applications from everyone.

Disability Confident

As a member of the Disability Confident Scheme, Network Rail guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group. This scheme encourages candidates with a disability and/or neurodivergence to apply. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.

Armed Forces Covenant

Network Rail guarantees to interview veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.

In applying for this role, you acknowledge the following "this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs. As such the payment to the intermediary and your income resulting from this contract will be different".