Risk Analyst

Balfour Beatty plc; Elgin; Hybrid; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Smart working

25 days annual leave (pro rata)

Pension

Share incentive plan

Volunteering leave

Job summary

Balfour Beatty plc is seeking a Risk Analyst for its Power Transmission & Distribution Innovation Team in the UK. The role focuses on developing, maintaining and reporting risk information across baseline and in-flight delivery stages, ensuring registers are accurate and auditable.

Hybrid working is offered, with three days in the office and two days from home. The ideal candidate will support tender risk registers, project risk registers and management reporting while liaising with the Group

Qualifications

• Degree in a relevant technical or management discipline.
• Professional certification such as the Institute of Risk Management membership or APM Risk Practitioner is desirable.
• Experience working as a Risk Analyst in medium to large organisations.
• Strong understanding of risk and control processes across complex business environments.
• Excellent communication, interpersonal and influencing skills to engage senior management.
• QCRA / QSRA knowledge

Responsibilities

• Support Tender and Work Winning teams with Tender Risk Registers.
• Maintain project risk registers, update risk records and track actions.
• Prepare risk reports, dashboards and materials for management.
• Liaise with Central Group Risk Team on ERM framework and reporting changes.
• Support client risk management requirements by maintaining records and providing risk information.
• Assist external advisors, consultants, subcontractors, and suppliers with risk data for assessments.
• Maintain auditable risk registers across stages and support root-cause analysis.
• Support risk identification, structuring and data validation.

Skills

Risk management

Stakeholder engagement

QCRA knowledge

QSRA knowledge

ERM framework

Education

Relevant degree

Job description

About the role

Balfour Beatty’s Power Transmission & Distribution business is delivering some of the UK’s most ambitious energy infrastructure projects, driving decarbonisation and innovation at every turn.

We are seeking a Risk Analyst to join our Power T&D Innovation Team. In this role, you will support the development, maintenance and reporting of robust, evidence-based risk information across both the baseline risk process and in-flight delivery stage.

The role will provide technical data, quantification and reporting support to ensure risk registers are accurate, consistent, auditable and aligned with the agreed competency framework, project governance requirements and client-facing outputs.

Hybrid working - 3 days in the office and 2 days working from home

What you'll be doing

• Support Tender and Work Winning Teams by assisting with the preparation and maintenance of Tender Risk Registers, ensuring risk information is accurately recorded and updated during the bidding process
• Work with Project Management Teams to maintain project risk registers, update risk records, track actions, and support periodic risk reviews throughout project delivery
• Support SBU/BU Leadership Teams by preparing risk reports, dashboards, and presentation materials to assist management with risk monitoring and decision-making
• Liaise with the Central Group Risk Team to remain informed of updates to the ERM Framework, risk systems, standards, and reporting requirements, applying these changes within day-to-day activities
• Support project teams in meeting client risk management requirements by maintaining records, preparing reports, and providing risk information as requested.
• Assist external advisors, consultants, subcontractors, and suppliers by gathering and validating risk data required for project risk assessments, including QCRA and QSRA activities
• Maintain accurate, structured and auditable risk registers across Stage 1 and
• Support collaborative risk identification, root-cause analysis, risk structuring and data validation

Who we're looking for

• Working towards Professional certification such as Institute of Risk Management membership or APM Risk Practitioner (desirable)
• Degree in a relevant technical or management discipline, or equivalent professional experience
• Experience working in a dedicated Risk Analyst role within medium to large organisations.
• Strong understanding of risk and control processes and their application across complex business environments.
• Excellent communication, interpersonal, and influencing skills, with the ability to engage senior management and stakeholders at all levels.
• QCRA / QSRA knowledge
• Proven ability to build and maintain strong relationships across multiple stakeholder groups

Why work for us

Day in, day out, our teams deliver some of the UK’s most ambitious, exciting and meaningful projects; developing, building and maintaining the vital infrastructure that supports national economies and strengthens communities.

Why join us?

As if contributing to and supporting work that makes life better for millions wasn’t rewarding enough, we offer a full range of benefits too. You’ll have the freedom to shape the package that’s right for you and your life. Here are some of our key benefits:

• - Smart working, giving you more flexibility such as staggered start and finish times,
• - 25 days paid annual leave (pro rata)
• - Family friendly policies which include 28 weeks full pay for maternity/adoption leave and four weeks full pay for paternity/partners leave
• - Pension, share incentive plan, volunteering leave, recognition schemes and much more…

About us

Balfour Beatty’s Power Transmission & Distribution teams work with regional, national and international electricity network owners and operators to provide technical engineering solutions across the full spectrum of the electricity grid, including overhead lines, cabling, substations and distribution networks.

From scoping and feasibility, to design, construction and on-going maintenance, our in-house experts, flexible resources and industry-leading innovations support customers in the development of some of the UK’s most ambitious power transmission and distribution projects.

Diversity and inclusion

At Balfour Beatty we believe that diversity and inclusion are essential components of any successful, happy workplace. Through our Value Everyone Diversity and Inclusion Strategy and Action Plan, we are growing our diverse workforce and developing our inclusive culture where everyone is able to thrive and reach their full potential, regardless of their identity or background. To find out how we are making this a reality, visit www.balfourbeatty.com/diversityandinclusion

We are a Gold Award holder in the Ministry of Defence 'Employer Recognition Scheme' and actively encourage applications from Armed Forces personnel, veterans and reservists.

As a Disability Confident Employer, we are committed to working with people who have disabilities and long-term health conditions to remove barriers for them in obtaining employment. We are also committed to offering applicants with a disability an interview if they meet the minimum requirements for the role. For more info, visit: https://disabilityconfident.campaign.gov.uk/

We are looking to continually improve our resourcing process and ensure that it is fair and inclusive for all. If you have any feedback on the process, please share this with us at: [e-mail]