As a Risk & Value Analyst you will need to provide Risk and Value Management services to project and programme teams.
Ideally you will have an understanding of the different programmes and project management methodologies in use throughout Network Rail, and the associated disciplines involved, e.g. Project Managers, Sponsors etc. in order to support them with Risk and Value management at appropriate intervals. Experience of the software used (ARM, primavera etc.) would be advantageous.
You will be required to facilitate Risk & Value Management activities at all levels across Network Rail, including senior management and project level on both schedule and cost risk. In addition, you will be responsible for providing regular reports to project and risk and value managers and will also ensure that the risk statuses of the projects are monitored efficiently.
Ideally, you’ll be a member of a relevant professional body and have a strong analytical track record. It is vital that you take accountability for your own success and take steps to grow. In return, you can expect excellent benefits and opportunities for personal and professional development.
Key Accountabilities
• Manage so that risk and value management on projects complies with the requirements of the corporate procedures, including GRIP, DWWP and other protocols
• Facilitate the identification and analysis of risk and value management interventions on projects and programmes, including lessons learned
• Carry out qualitative, quantitative and business risk assessments to give the best advice to project managers and sponsors
• Manage so that projects have a risk register, the risk data is accurate, timely and relevant and that appropriate risk treatments are in place and being acted upon
• Provide regular reports to project managers on the risk status of projects and programmes, and provide advice on the management of contingency
• Establish and co-ordinate a register of risk and value management activities
• Support the risk and value management processes in other departments and areas of the business

Job Skills, Experience and Qualifications
Essential:
• Expert in all aspects of project and business risk management facilitation
• Able to build risk models in a number of applications, which accurately represent the complexities of cost, schedule and business risk
• Able to coach and challenge management and non specialists, the results of risk management
• Knowledge of risk management techniques
• Knowledge of project management and project control processes

Desirable
• Membership of the Institute of Risk Management or Association for Project Management Risk Practitioner
• Experience in Network Rail’s project management processes and procedures