Senior Manager - Portfolio Risk

Rolls-Royce SMR; East Midlands; Hybrid; GBP 75,000 - 99,000; Full time

Benefits offered by this job

Cash Benefits allowance: £5000

Bonus: 17% target

Pension: 6% employee / 12% employer

Life assurance

Job summary

Rolls-Royce SMR seeks a Senior Manager – Portfolio Risk to shape and lead risk management across its programme portfolio. The role sits in the PMO, partnering across executive, programme, engineering and enabling functions to mature the risk framework and provide assurance.

You will drive quantitative risk analysis, risk reporting and the adoption of advanced analytics and AI-enabled tools to support informed decision making with hybrid working from Manchester, Warrington or Derby.

Qualifications

• Experience delivering risk management in complex programme environments.
• Ability to lead risk management activities and mentor teams.
• Proven track record in executive-level risk reporting and assurance.

Responsibilities

• Lead risk management activities across a portfolio of complex programmes.
• Develop and manage a team of Risk Managers and Risk Analysts.
• Provide assurance and guidance on risk management frameworks.
• Deliver portfolio risk reporting to senior stakeholders.
• Drive quantitative risk analysis and data-driven insights.

Skills

Risk management

QRA

Leadership

Stakeholder management

ISO 31000

Nuclear industry experience

Education

Degree qualified

IRM Certificate/Diploma or equivalent

Tools

Safran Risk

Primavera Risk Analysis

ModelRisk

Job description

Senior Manager – Portfolio Risk

Location: Hybrid based from either Manchester, Warrington or Derby

Salary: We anticipate paying a salary in the £75,300.00 - £98,800.00 range

The Role

Reporting to the Head of Risk, the Portfolio Senior Risk Manager will play a pivotal role in shaping and leading risk management across Rolls‑Royce SMR's portfolio of programmes.

This is a strategic leadership position within the PMO, working across executive, programme, engineering and enabling functions to ensure a robust and consistent approach to risk management. You will be responsible for driving the continued maturity of the risk management framework, providing expert assurance across programme risk activities, and supporting informed decision‑making through effective risk analysis, reporting and quantitative assessment.

The role also provides the opportunity to influence the future of risk management through the adoption of advanced analytics, digital tools and AI‑enabled approaches to risk insight and decision support.

What You’ll Be Doing

• Leading risk management activities across a portfolio of complex programmes and projects.
• Managing and developing a team of Risk Managers, Senior Risk Analysts and Risk Champions within a matrix environment.
• Promoting the consistent application and continuous improvement of the company’s risk management framework and processes.
• Acting as the subject matter expert for risk management, providing assurance, guidance and challenge where appropriate.
• Supporting and deputising for the Head of Risk when required.
• Working collaboratively with Enterprise Risk colleagues to ensure effective escalation and management of principal risks.
• Overseeing the administration and effectiveness of the Risk Management Information System (RMIS).
• Delivering portfolio and programme risk reporting to senior stakeholders and executive leadership teams.
• Leading Quantitative Risk Analysis (QRA) activities across cost and schedule risk disciplines.
• Supporting the development of enhanced risk analytics, data‑driven insights and AI‑enabled risk management capabilities.

Who We’re Looking For

We are seeking an experienced risk professional with a strong background in delivering risk management within complex programme environments.

You’ll Ideally Bring

• Extensive experience applying recognised risk management frameworks and best practice, such as ISO 31000 and major programme governance methodologies.
• Proven experience leading risk management activities on large‑scale infrastructure, engineering, nuclear, construction or similarly complex programmes.
• Strong expertise in Quantitative Risk Analysis (QRA), including cost and schedule risk assessment.
• Experience working across project controls disciplines, including risk, planning, change and performance management.
• Excellent stakeholder management skills with the ability to influence at executive, programme and delivery team levels.
• Experience leading teams and fostering collaboration within matrix organisations.
• The ability to translate complex risk information into clear, actionable insight for decision‑makers.

Desirable Experience

The following would be advantageous:

• Experience within the nuclear sector or other major regulated infrastructure programmes.
• Professional Risk Management qualification such as IRM Certificate/Diploma or equivalent.
• Membership of a relevant professional body, including IRM, ALARM or APM.
• Experience using quantitative risk tools such as Safran Risk, Primavera Risk Analysis, @Risk or ModelRisk.
• Experience applying data analytics and emerging AI technologies to support risk management and programme performance.

Qualifications

• Degree qualified or equivalent relevant experience.
• Formal Risk Management qualification or equivalent professional experience.
• Experience working within major engineering, infrastructure or nuclear programmes.

What’s in it for you?

Reward & benefits

• Salary: £75,300.00 - £98,800.00
• Cash Benefits allowance: £5000
• Bonus: target of 17%
• Holiday: 29 days + bank holidays
• Pension: Standard Rolls‑Royce SMR pension 6% employee / 12% employer contribution
• Other benefits: 6x life assurance, 50% income protection, £250 new joiner payment
• Flexible working options can be discussed

Pay Range

£71,000.00

£93,187.50

Why Join Us?

You’ll be joining a forward-thinking organisation that values transparency, fairness, and innovation. We offer:

• A flexible, inclusive, and supportive working environment.
• Opportunities for career growth in a rapidly scaling business.
• A culture that values diversity, innovation, and continuous learning.

We are an equal opportunities employer and welcome applications from all backgrounds. Inclusivity is important to us, and as a Disability Confident organisation, we are committed to fair, supportive, and continually improving recruitment practices that ensure everyone has the opportunity to thrive.

Confidence can sometimes hold us back from applying for a job. But we’ll let you in on a secret: there’s no such thing as a ‘perfect’ candidate. If you feel you meet 75% of the requirements for this role, we would love to hear from you.

Also, if you are considering a career move or a sector‑jump, please get in touch – we welcome applications from people with transferable skills.

Our Application Process

Due to the safety regulations within the nuclear industry, applicants will be required to participate in additional screening. These are:

• Obtaining Baseline Personnel Security Standard (BPSS) clearance
• Satisfactory completion of a Disclosure and Barring Service (DBS) check
• Satisfactory completion of a basic financial probity check