Risk Analyst

Public Sector Resourcing; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A national infrastructure organization is seeking a Risk Analyst for a 6-month contract in London. You will work 3 days per week in the office, facilitating risk analysis and maintaining governance of risk registers. The ideal candidate should have proficiency in risk management tools like @Risk and experience in major projects, particularly in construction or infrastructure. Applications from diverse backgrounds are welcomed, including those under the Disability Confident Scheme.

Qualifications

• Experience in major project environments (Construction or Infrastructure) is essential.
• Ability to facilitate and deliver Cost and Schedule Quantitative Risk Analysis.

Responsibilities

• Facilitate and deliver Cost and Schedule Quantitative Risk Analysis (QRA).
• Maintain and govern risk registers, accurately capturing risks.
• Lead risk workshops to identify, assess, and prioritize risks.
• Produce clear, actionable reports to support strategic decision-making.
• Collaborate to embed risk management practices.

Skills

Proficiency in risk management tools including @Risk

Strong stakeholder engagement

Ability to translate complex risk data

Tools

@Risk

Safran Risk

Job description

On behalf of Network Rail, we are looking for a Risk Analyst for a 6 month contract based London Paddington 3 days per 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 Hs2 Project focussing on all infrastructure

Responsibilities

• 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 programmes.
• 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.

Essential

• Proficiency in risk management tools including @Risk, Safran Risk, and data analytics platforms.
• Strong stakeholder engagement and facilitation skills with experience in major project environments (Construction or Infrastructure).
• 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".