Risk Analyst

Northumbrian Water; North East; On-site; GBP 32,000 - 38,000; Full time

Job summary

A leading water utility company is seeking a Risk Analyst for a full-time, fixed term role in Pity Me, Durham. The successful candidate will have proven experience in risk management within a construction environment and utilize risk software for project analysis. Responsibilities include maintaining risk registers, advising stakeholders, and ensuring governance compliance. The company offers a salary up to £37,800 with excellent benefits, including 26 days holiday and a company pension scheme.

Benefits

Generous holiday entitlement

Company pension scheme

Access to local attractions

Discount scheme

Wellbeing support

Sustainable travel support

Financial wellbeing support

Development opportunities

Qualifications

• Proven risk experience in a construction environment.
• Experience in a fast-paced PMO environment.
• Proficiency in risk software for project management.

Responsibilities

• Prepare and maintain accurate risk and opportunity registers.
• Analyze variances and provide advice to stakeholders.
• Conduct peer reviews and ensure mitigating actions are completed.

Skills

Risk experience

Utilising risk software

Knowledge of risk processes

Understanding construction methods

Job description

About the role

Risk Analyst

Full Time, Fixed Term Contract - 22 months

Salary - up to £37,800 depending on experience + excellent benefits

Location - Pity Me, Durham

Do have a background in Construction Risk and Opportunity Management

If so, this could be the perfect opportunity for you!

About the role

We've an amazing new opportunity to become our new Risk Analyst, reporting into the Risk Lead within our Asset Portfolio Management Office (PMO). You'll join a team of Risk Analysts contributing to our National Leader ambitions. You'll be a skilled Risk Analyst with direct experience of working in a fast‑paced PMO environment.

The role is essential to the effective performance of the estimating function to ensure appropriate, quality information and data is available, enabling strategic portfolio planning and accurate risk forecasting.

In addition, you will be responsible for ensuring that accurate risk and opportunity registers are produced, analysis is undertaken to understand mitigation actions and data is communicated clearly to stakeholders.

We're looking for you to prepare accurate risk and opportunity registers alongside the project team and NWG processes and procedures, providing support by assisting in the risk workshops and working with contractors. You'll also be providing accurate risk and opportunity registers for projects and contracts at all key stages of the project life‑cycle.

You’ll be analysing variances between estimate versions and comparison with actual costs, providing periodic advice and guidance to key stakeholders and suppliers (e.g. on Risk and Opportunities). We’re looking for you to take ownership for registers in a specific asset base and conduct peer reviews and ensure mitigating actions are driven and completed. Providing validation of risk and opportunity registers prepared by other system users, NWG employees or supply chain in accordance with governance requirements. You’ll build strong working relationships with customer stakeholders and data service providers.

About you

We’re looking for you to have proven risk experience, along with experience within a building / construction environment. You’ll also have proven experience of utilising risk software to support detailed and high‑level projects in a Capital Programme Environment.

You’ll have some great skills too, including extensive knowledge of risk processes, procedures & tools in a construction environment and of engineering construction methods.

If this sounds like you, then we’d love to see your application come through to us.

Diversity and Inclusion

Here at Northumbrian, Diversity, Inclusion and Equity means bringing your full self to work. We encourage and welcome applications from all underrepresented groups, as we believe and strive for community representation within all our teams, structures and organisation.

Benefits

• Generous holiday entitlement starting at 26 days, plus bank holidays and additional time off on Christmas Eve and New Year's Eve. There's also the option to buy or sell holidays.
• Company pension scheme, where we'll double match your contributions up to an employer contribution of 11%.
• Free access to local attractions.
• A fantastic discount scheme, with savings on days out, shopping, travel and more.
• Award winning 'Living Well' wellbeing support, including access to a digital GP service for you and your family members.
• Support with sustainable travel – through salary sacrifice cars and a cycle‑to‑work scheme.
• Financial wellbeing support – access our community savings scheme, financial education and low‑cost loans through Salary Finance. We also provide 4 × Life Assurance and an Income Protection Scheme.
• Support with your development – we offer a range of development opportunities, can support you through an interest‑free qualification loan and we’ll even pay for any relevant professional body subscription.

Legal and Handover

Please note this role will require a DBS to be completed prior to employment.

NWG are an inclusive employer who support the rehabilitation of offenders. We will not consider candidates who have certain unspent convictions to ensure our commitment to fostering a safe and secure working environment for all colleagues, suppliers, customers and third parties.