Risk & Opportunity Manager

Confidential Defence Engineering Organisation
Full-Time Permanent
Reporting to: Head of PMO
Location: UK-based Occasional Domestic Travel (5)

We are a leading engineering organisation specialising in mechanical power transmission solutions for defence and industrial applications. With a long-established heritage, global operations, and a reputation for delivering reliable, high-performance solutions, we support critical programmes across defence, marine, industrial, and power sectors.

We are seeking an experienced and proactive Risk & Opportunity Manager to join our PMO function and lead the management of project risk and opportunity across a diverse portfolio of programmes.

As the Risk & Opportunity Manager, you will be responsible for leading the identification, assessment, mitigation, and management of risks and opportunities across multiple projects and programmes.

You will work closely with Project Managers, stakeholders, and leadership teams to ensure a consistent and effective risk management framework is embedded across the organisation.

This role is ideal for someone with strong project controls experience, analytical capability, and the confidence to challenge constructively while driving continuous improvement.

• Lead the end-to-end Project Risk & Opportunity Management process across the project portfolio
• Develop and maintain Risk & Opportunity Management Plans during project initiation
• Coordinate and facilitate risk identification workshops, assessments, and response planning sessions
• Monitor and manage risks, opportunities, and associated action plans with assigned owners
• Maintain the central Risk & Opportunity Register and ensure data integrity

• Identify common risks and opportunities across projects and escalate where appropriate
• Support reporting activities across Project, Programme, and Portfolio levels
• Analyse trends, emerging risks, and areas of concern to support decision-making

• Oversee quantitative risk analysis activities including:
  • Monte Carlo simulation
  • Sensitivity analysis
  • Probabilistic modelling
• Interpret analysis results and provide recommendations for mitigation and control strategies

• Maintain and improve risk management tools, templates, and methodologies
• Deliver training and guidance to project teams and stakeholders
• Promote a culture of proactive risk awareness and management across the business

• Work collaboratively with PMO, Programme teams, and functional leaders
• Coordinate external specialist support services where required

• Strong understanding of project management principles and methodologies
• Experience managing project risk and opportunity within complex programmes
• Knowledge of quantitative risk analysis techniques and tools
• Excellent facilitation, communication, and stakeholder engagement skills
• Strong analytical and organisational capability
• Ability to manage multiple priorities in a fast-paced environment

• Degree or equivalent professional experience
• Project Management and/or Risk Management qualifications
• Experience within defence, engineering, manufacturing, or highly regulated industries

We’re looking for someone who demonstrates:

• Integrity and professionalism
• Collaborative working style
• Confidence to challenge constructively
• Strong leadership and coaching capability
• Adaptability and problem-solving mindset
• High emotional intelligence and relationship-building skills

• 37.5 hours per week
• Monday to Friday
• Additional hours as required to meet business needs

• Work on complex, high-profile programmes
• Be part of a growing and collaborative PMO function
• Opportunity to shape and improve enterprise risk management practices
• Join a business with strong technical expertise and international reach