Risk and Opportunity Manager

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

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k match

Paid time off

Flexible schedules

Employee assistance

Job summary

Raytheon Technologies is seeking a Risk and Opportunity Manager for the Land Based Sensors family of radars. You will drive R&O activities with Program Managers and IPTs to improve contract performance and ensure schedule alignment.

The role emphasizes developing partnerships across functions, managing R&O processes, and preparing customer-facing reports. Domestic travel is expected, with a clear path for growth within program management.

Qualifications

• Bachelor's degree or higher; advanced degree preferred.
• Experience with Risk & Opportunity Management.
• Experience in cross-functional teams.

Responsibilities

• Develop program‑level 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 Risk and Opportunity Management Boards (ROMBs) and workshops.
• Create and analyze R&O metrics.
• Document and drive R&O actions to closure with program teams.
• Ensure the Integrated Master Schedule (IMS) reflects R&O handling plans.
• Review and reconcile 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.

Skills

Risk & Opportunity Management

Cross-functional collaboration

University degree or equivalent

Advanced degree

Education

University degree or advanced degree

Job description

Location

US-MA-ANDOVER-AN0 ~ 366 Lowell St ~ BLDG AN0

Date Posted

2026-09-22

Country

United States of America

Position Role Type

Onsite

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

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.

Raytheon is seeking a highly motivated candidate to serve as a Risk and Opportunity (R&O) Manager within the Land Based Sensors (LBS) Family of Radars. In this role, you will work closely with Program Managers, cross‑functional Integrated Product Teams (IPTs), and supporting functions to drive predictable performance across contracts. This position supports the Development program area and provides a strong growth opportunity for those aspiring to advance in program management.

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.

What We Offer

• Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.
• Not Relocation Eligible – Relocation assistance is not available

As part of our commitment to maintaining a secure hiring process, candidates may be asked to attend select steps of the interview process in-person at one of our office locations, regardless of whether the role is designated as on-site, hybrid or remote.

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. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.

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. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.

Hired applicants may be eligible for 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.

This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.

RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

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.

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