Risk Analyst - London, United Kingdom - Vallum Associates

Description

Job Description

Job: Assistant Risk Analyst

Location: London

Job Type: Permanent

Job Description

The Assistant Risk Analyst supports the Risk Lead to drive best practice risk management and help provide data-driven insights to minimise the impacted value of risks through measuring mitigations and highlighting common themes across risk / high risk areas to drive and account for suitable contingency levels.

Responsibilities

• Support the identification and mitigation of (threats and opportunity) through regular risk workshops.
• Support contractors and the internal organisation understanding on risk management practices.
• Help implement mitigation actions against associated risks across projects and programmes ensuring they are carried out as per agreed dates
• Maintain visibility of threat/opportunity trigger points to facilitate risk cost profiling, draw down of risk budget or retirement of risks.
• Support projects in improving their risk management skills and maturity.
• Assist with risk analysis, insight, and reporting around project and programme level risk
• Work across Capital programme to develop and share risk management best practice. You will learn to guide Capital programme through the risk management process. You will become an expert, providing advice and hands-on training to help them become better at managing risks.
• Support risk reviews to identify important themes across the Capital programme and guide best practice mitigations.
• Promote the need and implementation of mitigation actions against associated risks across projects and programmes. (SMART) which drive the impact of risk
• Maintain visibility of threat/opportunity P6 link to facilitate risk cost profiling, retirement of risks.
• Produce risk reports promptly to help communicate threat and opportunity status

Qualifications

• Understanding of the main principles are QCRA/QSRA desirable.
• Previous experience in a project risk management setting desirable but not essential
• APM PMQ / IRM / Axelos Risk management qualifications advantageous

Analytics

• Analytical.
• Excel proficient
• Collate and analyse historical risk data.
• Produce dashboards to interpret core data.
• Report risks and issues, with root cause analysis and remediation activity;
• Assist in the development and production of meaningful insights and reporting for programme review and engagement