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Risk & Value Analyst

Please Note: The application deadline for this job has now passed.

Job Introduction

You’ll be joining the Strategic Planning, Analysis, Risk & Assurance (SPARA) team in the Route Services function. We are expanding our team and looking for experienced professionals to help us develop and deliver our assurance programme including risk, audits, compliance reviews and reactive and ad hoc assurance deep dives across the Route Services function.

Our Risk team ensure our leadership team are aware of anything that might impact what we deliver. You’ll be a critical part of the team providing senior level reporting. Reporting to an Enterprise Risk Account Manager, you’ll collaborate closely with colleagues to establish enterprise and operational risk management across a function within Route Services.

You will provide practical risk management, internal mitigations, controls and process improvement solutions whilst gaining valuable experience and exposure working with a variety of senior stakeholders, with opportunities to grow knowledge of the Route Services function and Network Rail.

Main Responsibility

To provide Risk and Value Management services to project and programme Teams

  • Manage so that risk and value management on projects complies with the requirements of the corporate procedures, including GRIP, MSP4NR, 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 and R&V 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.

The Ideal Candidate

Essential

  • Expert in all aspects of project and business risk management facilitation.
  • Able to build risk models in several 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.
  • Membership of the Institute of Value Management.
  • Experience in Network Rail’s project management processes and procedures.

We are committed to a diverse workplace enriched with representation from diverse cultures, backgrounds and skills. We pride ourselves on creating an environment where difference is embraced, and individuals can thrive. We recognise that the success of the team is dependent on a multi-cultural, multi-disciplined group of individuals, aligned to deliver successful solutions.

At Network Rail, we have a number of employee networks to reflect our diverse population and help to raise issues to the wider workforce and support their membership and support our Everybody Matters strategy, led by our central Diversity & Inclusion team. We have Diversity & Inclusion Champions who take part and lead on many activities, to drive through more initiatives to support an inclusive environment for all its people and promote a professional and positive working environment. For more information on Diversity & Inclusion at Network Rail, please follow this link

Do you consider yourself to have a protected characteristic? If so and you require any additional support with your application, please do not hesitate to contact the Resourcer who will happily assist.

Package Description

Vacancy type:  Permanent, 35 hours per week, Hybrid working of 2/3 days in the office. We welcome applications from those seeking flexible or part time hours.

Location: The Quadrant, Milton Keynes

Closing date: 1st May 2024

Interviews will take place W/C 13/05/24, these will be held Virtually

Band & Salary: 4B

 

About the Company

We’re an organisation where people matter. We matter to millions.

We offer excellent benefits, including:

🌞 Generous annual leave (28 days plus statutory days), with the option to buy/sell days.

✨ Defined benefit pension scheme.

🚂 75% subsidy on rail and underground season tickets.

🚂 Up to 75% off leisure travel for you and your family (subject to terms and conditions)

🎟️ Interest-free travel loan for train and car park season tickets.

🎁 Discounts at stations with your Network Rail pass.

🌍 Flexible/hybrid working arrangements.

🕊️ Volunteer leave to make a positive impact.

❤ Healthcare Scheme, GymPass discounts, Cycle to work plus more.

🧸 We offer generous maternity, paternity, and adoption leave to support our employees during       significant life moments

We are proud to be recognised as a Times Top 50 Employer for Gender Equality for the third year in a row.

Our role is to run a safe, reliable and efficient railway, serving customers and communities. We exist to get people and goods where they need to be and to support our country’s economic prosperity. Safety is our number one priority.  

We're undertaking an ambitious change. Our vision is Putting Passengers First - becoming a company that is on the side of passengers and freight users. As one of the UK’s leading equal opportunities employers, our values and the way we behave is important to us and we have created an environment where we value and respect every individual's unique contribution. We have seven employee networks that provide fantastic support, opportunities and development for applicants from all backgrounds. Click here for more information 

Network Rail Infrastructure Ltd

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