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Risk analyst

Hyde
Balfour Beatty
Risk analyst
Posted: 11 February
Offer description

About the role

To provide technical expertise in risk management, supporting project teams with analysis, modelling, and reporting. The analyst ensures risks are quantified, tracked, and communicated effectively to enable informed decision-making and support a proactive risk culture. Analysts support multiple projects and help drive continuous improvement in risk management.

What you'll be doing

* Maintain and update risk registers across assigned projects.
* Facilitate and document risk workshops and reviews.
* Conduct qualitative and quantitative risk assessments (e.g. QCRA, QSRA).
* Support cost and schedule risk modelling using appropriate tools.
* Prepare risk reports and dashboards for project and leadership teams.
* Advise on contingency planning and risk treatment strategies.
* Provide day-to-day management of risk threats and opportunities.
* Ensure compliance with Balfour Beatty and client risk management standards and processes.
* Support the risk manager in carrying out schedule and cost risk quantification, risk assurance and risk governance activities.
* Assist in syndicating and sharing risk insights across a portfolio of projects, supporting consistent risk management practices and knowledge transfer.

Benchmark historical risk data to identify trends, inform future risk assessments, and support the development of more effective mitigation strategies. Who we're looking for

* Excellent communication, interpersonal, and facilitation
* Ability to work effectively within project teams and wider business.
* Proficiency in risk management facilitation and risk data updates.
* Analytical skills for building and interpreting cost, schedule, and business risk models.
* Proficiency in Excel, Word, and PowerPoint.
* Knowledge of risk management, project management, and project control techniques.
* Experience with Quantitative Risk Analysis (QRA) techniques and tools (e.g. PRA, Risk Amp).
* Experience with risk database tools (e.g. Risk Hive, Power Bi).
* Membership of the Institute of Risk Management or APM Risk Practitioner certification.
* Degree in a relevant technical or management field or equivalent experience.

Why work for us

Day in, day out, our teams deliver some of the UK's most ambitious, exciting and meaningful projects; developing, building and maintaining the vital infrastructure that supports national economies and strengthens communities.

Why join us?

As if contributing to and supporting work that makes life better for millions wasn't rewarding enough, we offer a full range of benefits too. You'll have the freedom to shape the package that's right for you and your life. Here are some of our key benefits:

* Smart working, giving you more flexibility such as staggered start and finish times, with up to 40% remote working, where roles allow.
* 25 days paid annual leave (pro rata)
* Family friendly policies which include 28 weeks full pay for maternity/adoption leave and four weeks full pay for paternity/partners leave
* Pension, share incentive plan, volunteering leave, recognition schemes and much more…

About us

Balfour Beatty's Highways business delivers major schemes including motorway upgrade programmes, complex national infrastructure projects and regional investment programme works for National Highways. We have a strong orderbook and a positive pipeline of opportunities, we put the road user, at the heart of everything we do. We work safely, reduce carbon emissions and added social value to the communities within which we work.

Diversity and inclusion

At Balfour Beatty we believe that diversity and inclusion are essential components of any successful, happy workplace. Through our Value Everyone Diversity and Inclusion Strategy and Action Plan, we are growing our diverse workforce and developing our inclusive culture where everyone is able to thrive and reach their full potential, regardless of their identity or background. To find out how we are making this a reality, visit

To help and support us with our desired commitment to create an inclusive culture we are members of WISE, enei, Business Disability Forum and the Association for Black and Minority Ethnic Engineers (AFBE). In 2020, we signed the Audeliss and Involve Open Letter to demonstrate our commitment to taking key long term and sustainable actions on Black Inclusion. Balfour Beatty is also a Gold Award holder in the Ministry of Defence 'Employer Recognition Scheme' and actively encourage applications from Armed Forces personnel, veterans and reservists.

As a Disability Confident Employer, we are committed to working with people who have disabilities and long-term health conditions to remove barriers for them in obtaining employment. We are also committed to offering applicants with a disability an interview if they meet the minimum requirements for the role. For more info, visit:

We are looking to continually improve our resourcing process and ensure that it is fair and inclusive for all. If you have any feedback on the process, please share this with us at:

Job Reference: BBUK16914

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