Project Risk Manager

Leonardo; Bristol; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

A global high-tech company is seeking a Project Risk Manager to lead risk management efforts for various projects. This role focuses on identifying, evaluating, and treating project risks while collaborating with project teams. Ideal candidates should have strong skills in risk management, analytics, and stakeholder engagement. The company offers a comprehensive benefits package including flexible working options, professional development resources, and a supportive workplace culture.

Benefits

Generous leave with flexi-days

Award-winning pension scheme

Free mental health support

Access to online courses

Flexible benefits spending

Hybrid working options

Qualifications

• Experience in managing project risks effectively.
• Ability to influence stakeholders and project teams.
• Proficient in planning and time management.

Responsibilities

• Support Risk Management on Bid and Live Projects.
• Identify and manage project risks and action owners.
• Develop treatment action plans and ensure accuracy.

Skills

Risk Management Experience

Analytical Skills

Communication Skills

Organizational Skills

Negotiation Skills

Stakeholder Management

Microsoft Office proficiency

Job description

Job Description

At Leonardo we have fantastic opportunities for Project Risk Managers to join our business. Leonardo is a global high-tech company and one of the key players in Aerospace, Defence and Security. Headquartered in Italy, Leonardo has over 45,000 employees, of which 7,000 are based in UK.

Reporting to the Head of Risk Management and Business Area VP, you will operate as the focal point and subject matter expert for Project Risk Management at a Business Area level.

As Project Risk Manager you will be required to engage, support and influence Programme and Project Managers and their Integrated Project Teams (IPTs) to ensure the effective identification, evaluation and treatment of Project Risks. This will involve overseeing and being a subject matter expert in Leonardo’s Project Risk Management Procedures and developing an effective Risk Culture. The role will be supporting the business to deliver capability to our customers.

We are looking for Project Risk Managers with varying degrees of experience, we can provide training (on our processes and our tools) and development opportunities on a wide range of projects and programmes with verifying levels of complexity and at differing stages of the product lifecycle.

The roles can be based out of any of our sites: Edinburgh, Newcastle, Luton, Bristol, Basildon or Southampton.

Key areas of Project Risk Management include (but not limited to):

• Support Risk Management on both Bid and Live Projects within the Business Area
• Identify and Support appropriate Risk and Action Owners
• Manage the Identification of risks (Threats and Opportunities), using Leonardo’s Meta-Language
• Manage the Evaluation of Risk Exposure (Probability and Cost, Schedule and Performance Impact)
• Advise on appropriate Treatment strategies for risks, in line with Leonardo’s Risk Appetite Matrixes
• Support development of Treatment action plans, ensuring they are time bound
• Work with Planners to ensure treatment actions and contingencies are costed into the schedule
• Analyse the post treatment residual risk value using Monte Carlo analysis
• Manage progress of Treatment action plans
• Support the contingency setting and management process, including compliant release of contingencies
• Preparation of risk data for business area reviews and Corporate Reporting.
• Update and ensure the accuracy of the Risk Data within the Risk Register or System
• Ensure the Project Classification is completed and maintained
• Facilitate Monthly Risk Reviews
• Support our Project Controls Function in delivery Schedule Risk Analysis reporting
• Support ad hoc requests from customers and/or Central Risk Function

What you’ll bring

• Risk Management Experience within Projects and Programmes
• Good organisational skills, demonstrated through ability to plan, prioritise and time manage
• Strong analytical skills and attention to detail
• Highly numerate with experience of estimating (Cost & Schedule)
• Excellent written and verbal communication skills
• Ability to challenge and present at Management level
• Skilled in negotiating and influencing techniques
• Ability to lead workshops and present technical details to large teams of people with confidence
• Motivational and creative individual with the ability to deliver high levels of business and personal performance
• Pro‑active, dynamic individual with proven stakeholder management skills
• High competency with Microsoft Office (Excel, Powerpoint, Word)

Security Clearance

This role is subject to pre‑employment screening in line with the UK Government’s Baseline Personnel Security Standard (BPSS). An additional range of Personnel Security Controls referred to as National Security Vetting (NSV) may apply, this could include meeting the eligibility requirements for The Security Check (SC) or Developed Vetting (DV). For more information and guidance please visit:

Why join us

At Leonardo, our people are at the heart of everything we do. We offer a comprehensive, company‑funded benefits package that supports your wellbeing, career development, and work–life balance. Whether you’re looking to grow professionally, care for your health, or plan for the future, we’re here to help you thrive.

• Time to Recharge: Enjoy generous leave with the opportunity to accrue up to 12 additional flexi-days each year.
• Secure your Future: Benefit from our award‑winning pension scheme with up to 15% employer contribution.
• Your Wellbeing Matters: Free access to mental health support, financial advice, and employee‑led networks championing inclusion and diversity (Enable, Pride, Equalise, Armed Forces, Carers, Wellbeing and Ethnicity).
• Rewarding Performance: All employees at management level and below are eligible for our bonus scheme.
• Never Stop Learning: Free access to 4,000+ online courses via Coursera and LinkedIn Learning.
• Refer a friend: Receive a financial reward through our referral programme.
• Tailored Perks: Spend up to £500 annually on flexible benefits including private healthcare, dental, family cover, tech & lifestyle discounts, gym memberships and more.
• Flexible working: Flexible hours with hybrid working options. For part time opportunities, please talk to us about what might be possible for this role.

For a full list of our company benefits please visit our website.

Leonardo is a global leader in Aerospace, Defence, and Security. Headquartered in Italy, we employ over 53,000 people worldwide including 8,500 across 9 sites in the UK. Our employees are not just part of a team—they are key contributors to shaping innovation, advancing technology, and enhancing global safety.

At Leonardo we are committed to building an inclusive, accessible, and welcoming workplace. We believe that a diverse workforce sparks creativity, drives innovation, and leads to better outcomes for our people and our customers. If you have any accessibility requirements to support you during the recruitment process, just let us know.

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