Risk Manager

Role Description

newcleo is pursuing an exciting and challenging international programme to develop and deploy our innovative lead-cooled fast reactor technology.  We are looking for an experienced, highly motivated and proactive Risk Manager to support the “Research and Development programme” to support the development of newcleo's LFR30 and LFR200 reactors. 
As Risk Manager, the main responsibility is to lead risk management in the development and construction of the thermo-hydraulic facilities at the Brasimone research centre, as well as the advanced materials research project. He/she will be expected to promote and nurture a culture of delivery across newcleo and the role will be particularly responsible for establishing accurate and insightful risk analysis, reporting and management.
He/she will be embedded in the Italian Project Control team alongside planning and cost control colleagues and will also work closely with Project Controls colleagues in the newcleo Enterprise PMO and the French and UK PMOs to share knowledge and ensure alignment of project control processes, systems and tools across the business. This includes the development of a risk management community of practice operating across all programmes.
As newcleo is a start up company the role will require a hands-on proactive approach to risk management generally; the individual must be comfortable with early-stage programmes and have the ability to work with ambiguity and change whilst establishing a clear path towards successful project delivery. The role provides the opportunity for an individual to expand their capability and experience as the programme grows from its early definition through to multi €billion delivery.

Main Activities

Capability Development

• Lead newcleo’s R&D Programme Risk Management capability.
• Build and maintain Risk Management capability and capacity to match current and future needs, this will include defining the operating model (People, Process, Systems, Tools, Data etc.) for risk management for newcleo’s programmes.
• Identify risk management training and development needs across the organisation.

Risk Management Methodologies and Approach

• Development and maintenance of risk acquisition, analysis, development of mitigation measures and reporting for both the development programme and the proposed capital assets (Brasimone site and R&D facilities).
• Develop the Risk Management Strategy for the full lifecycle of the programme.
• Select appropriate methodologies for the development of project and programme risk registers. Ensure methodologies are ‘codified’ into the Risk Management ‘ways of working’ and core processes.
• Oversee the development and maintenance of Risk Management tools, templates, guidelines, and benchmarking database with relevant cost data including lessons learnt to assist in the development of future estimates.
• As part of project development and progress updates work with Project Managers/Engineers to identify and monitor project and/or programme risks (threats and opportunities) and help them with the planning and implementing mitigation responses.
• Help to generate and maintain relevant risk information/registers facilitating the identification of risks (threats / opportunities) and issues where appropriate / required ensuring their effective management.
• Lead the analysis of trends, generating performance indicators, and provide feedback on areas of risk and opportunities.
• Ensure that risk management process is aligned and interfaces with the assumptions management process and that all assumptions have been and continue to be risk assessed.
• Support the development of the capability for the organisation to undertake quantitative risk analysis (QRA - cost / schedule).
• Support the planning and estimating teams with calculating risk allowances for schedule and cost.
• Work with the newcleo Supply Chain Management function to source data from suppliers/contractors to support overall risk identification and mitigation development. 
• Undertake risk analysis of the design, manufacturing and construction assembly processes to support the identification of time and cost savings or value improvements.

Process Development and Implementation

• In conjunction with the Enterprise PMO and other country PMOs (France, UK etc.) help lead the establishment and continuous improvement of risk management methodologies, standards, systems, tools and processes. Ensure their consistent application across the Programmes.
• Ensure a clear RACI across projects and programmes between PMO, PMs and Project Participants in regards to risk management, and provide advice and training for stakeholders that use/interface with risk management processes.
• Working with the Corporate Head of Risk support the development and implementation newcleo’s digital risk management, modelling and reporting capabilities, working with newcleo IT to mature these as required for each stage of the programme lifecycle.

Risk Governance and Assurance

• Develop, establish and maintain risk governance, audit and assurance arrangements for the UK Programmes defining clear roles, responsibilities and accountability that align with overall programme and project controls governance practices.
• Ensure that the consistent and accurate risk information gets to key governance meetings in a timely manner.
• Conduct proactive health checks and reviews on the development and maintenance of all risk registers, support PMs and other key stakeholders with implementing findings and recommendations. Escalate and address non-conformance issues proportionately to their impact and needs of the business.

Reporting and Performance Management

• Generate and communicate high quality accurate risk data to support overall project management, strategic decision making and risk/ issue management.  
• Support the development of risk reporting frameworks and processes in relation to programme and project risks, ensure consistent reports that are simple to complete and provide easily digestible data, visualisations, analysis and insights to senior leaders to enable effective decisions/ actions to be taken. Develop methods/techniques for effectively communicating key risks and issues across the business.
• Work with PMs and other key stakeholders as required to gain periodic updates to all risk registers.
• Support in drawing conclusions from risk data, collaborating with project managers to provide analysis and recommendations on areas of focus and proactive interventions.

Information and Document Management 

• Ensure information management and document control processes and systems are correctly followed.

Knowledge Management and Continuous Improvement

• Support with lessons learnt and knowledge capture to support drive continuous improvement in risk management across newcleo.
• Actively contribute to the development and execution of Programme and Project Management good practice corporately, including taking a leading role in the newcleo PMO Community of Practice.

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Desired Qualifications

Experience

• Minimum 7 years‘ experience in the role, with at least 3 years’ experience in the relevant industry.
• Experience of working in complex multi £m projects/programmes (ideally with experience of working within a highly regulated environment, with a robust quality and safety management system).
• Experience of developing and maintaining risk registers for large scale programmes from early programme definition through to delivery.
• Proven experience and capability to establish risk management frameworks, systems and processes in a complex environment.

Expertise and Knowledge 

• Able to provide high quality risk management services for highly complexity projects/programmes, with an expertise in the application of good practices/principles of project controls including estimating; value for money; controlling of cost and schedule; baseline management; forecasting; performance measurement (inc. EVA) and change control.
• In depth knowledge of risk management and other relevant project controls methods, processes, tools and software (e.g., MS Excel, MS Project, PRA, Primavera P6, Power BI).
• Able to play key role in multidisciplinary teams and take lead role in creating plans or analysing trends using numerical and statistical techniques.
• As a project controls specialist, stays up to date with key industry / professional trends including areas such as data analytics, information management and digital solutions.

Qualifications

• Combination of academic qualification and appropriate professional experience.
• Professional affiliation preferrable (e.g. APM, MSP. PPC etc).
• Evidence of continuous professional development and career progression.

Personal Attributes

• Good leadership, communication (both written and verbal) and interpersonal skills including influencing with experience of leading teams and contracts on major complex programmes.
• Creates credibility with internal stakeholders, able to build confidence and influence effectively at all levels.
• Ability to operate in teams across multiple locations.
• Results focused with the ability to meet commitments and deadlines. 
• Attention to detail but with an ability to assure reports produced by others and provide meaningful, actionable insights as well as being able to simplify data for presentation to a wide range of audiences.
• Able to advise on complex requirements and communicate analysis and corrective measures effectively.
• The ability to engage, motivate and coach others enabling the creation of high performing teams.
• Ability to act as a role model and inspire and empower others.
• Fluent written and spoken English.