Risk and Opportunity Manager

Prattwhitney; Andover (MA); On-site; USD 108,000 - 205,000; Full time

Benefits offered by this job

Medical Insurance

401(k) Match

Paid Time Off

Job summary

RTX in Andover, MA seeks an experienced program management professional for Risk & Opportunity (R&O) leadership. The role requires coordinating with program teams to identify, assess, and close R&O actions while ensuring schedules and budgets reflect risk handling plans.

You will work onsite with DoD clearance requirements and collaborate across IPTs, Finance, and Planning to drive program success and customer reporting. Competitive salary and comprehensive benefits are provided.

Qualifications

• Typically requires a University Degree or equivalent experience and minimum 8 years prior relevant experience, or an Advanced Degree with 5+ years.
• Experience with Risk & Opportunity Management and cross-functional teams.
• Clearance knowledge is required for the role.

Responsibilities

• Develop partnerships across IPTs, the Program Office, Finance, Planning, and supporting functions.
• Collaborate on Risk & Opportunity identification, assessment, and handling.
• Drive compliant R&O management and best practices.
• Facilitate ROMBs and workshops and create R&O metrics.
• Document and drive R&O actions to closure with program teams.
• Ensure IMS reflects R&O handling plans and reconcile EAC data.

Skills

Risk & Opportunity Mgmt

Cross-functional teamwork

Security clearance knowledge

Education

University Degree

Advanced Degree

Tools

IMS

SRAs

EAC

Job description

At RTX, the world’s largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world’s most complex problems. With our three market‑leading businesses, world‑class operations, and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world. Raytheon brings the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. We deliver solutions that help our nation and allies defend freedoms and deter aggression, creating a safer, more secure world. Join us and help shape the future of aerospace and defense.

U.S. Citizen, U.S. Person, or Immigration Status Requirements: The ability to obtain and maintain a U.S. government issued security clearance is required. U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance.

Security Clearance Type: DoD Clearance: Secret Security Clearance Status: Active and existing security clearance required after day 1.

Onsite.

This position is an onsite role, located in Andover, MA.

What You Will Do

• Develop program‑enhancing partnerships across IPTs, the Program Office, Finance, Planning, and all supporting functions.
• Collaborate with program teams on Risk & Opportunity (R&O) identification, assessment, and handling.
• Drive compliant R&O management and best practices.
• Facilitate Risk and Opportunity Management Boards (ROMBs) and workshops.
• Create and analyze R&O metrics.
• Document and drive R&O‑related actions to closure with program teams.
• Ensure the Integrated Master Schedule (IMS) adequately reflects R&O handling plans.
• Review and reconcile Estimate at Complete (EAC) R&O data with the program risk register.
• Support program start‑up activities for R&O management.
• Develop customer‑facing R&O reports (e.g., CDRLs).
• Expected to support domestic travel as needed.

Qualifications You Must Have

• Typically requires a University Degree or equivalent experience and minimum 8 years prior relevant experience, or an Advanced Degree and minimum 5 years of relevant experience.
• Experience with Risk & Opportunity Management.
• Demonstrated experience working within a cross‑functional team environment.

Qualifications We Prefer

• Existing security clearance.
• Experience in program or project management and/or as an IPT lead.
• Experience with financial management (e.g., EAC support).
• Experience with program schedules (IMS) and/or Schedule Risk Assessments (SRAs).
• Program management certifications.

Salary

The salary range for this role is 107,500 USD - 204,500 USD. The salary range provided is a good faith estimate representative of all experience levels.

Benefits

• Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays.
• annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective bargaining agreement.
• Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.
• Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.
• Not Relocation Eligible – Relocation assistance is not available

Equal Opportunity Employer

RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.

About RTX

RTX is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises three industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon. Its 195,000 employees enable the company to operate at the edge of known science as they imagine and deliver solutions that push the boundaries in quantum physics, electric propulsion, directed energy, hypersonics, avionics and cybersecurity. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Arlington, Virginia.