Risk Analyst

Job Description

SP Energy Networks (SPEN) are working to achieve 2030 transmission network targets set by the Scottish and UK Government. SPEN will invest over £5bn in transmission projects across our transmission network in central and southern Scotland by 2030.

As a vital part of SPEN, you will be exposed to a wide range of new and emerging responsibilities, and at a pivotal time as ScottishPower leads the fight against climate change and strives to deliver our ambitious growth and investment plans. You can expect to be working with and learning from a broad range of stakeholders from across SPEN, the Iberdrola Group and relevant external bodies.

What you'll be doing

As a Risk Analyst within the Transmission Strategic Projects Risk Management team, you will:

• Support Projects, under the direction of the Risk Manager, to maintain Risk Management standards and ways of working across assigned Project(s).
• Work with Project teams to ensure that risks are material to their respective critical objectives.
• Support the Risk Manager to undertake QRAs (QSRA/QCRA) integrating results into planning and cost forecasts.
• Support the Risk Manager to generate data in support of defining risk contingencies and schedules
• Work with the Planning and Cost teams to validate risk assessment assumptions and answer queries on risk being applied within their respective baselines.
• Provide insights to risk registers, explains risk related data and offers advice on the risk management process to Project teams.
• Utilise Project risk management dashboards to present key risk KPIs to help projects to make informed critical decisions.
• Utilise the risk library to ensure that projects consider common risks to their scope.
• Support the Risk Manager in assisting Projects to onboard contractors and third parties into the Risk Management tool as required.
• Gathering data relevant for the Risk Manager to undertake Contractor risk reporting.
• Supporting the Risk Manager in facilitating risk participation in Project Lessons Learned activities.
• Supporting the Risk Management Lead to ensure that Programme or Projects can meet external OFGEM requirements.

What you'll bring

• Effective written and verbal communication skills, with the ability to produce high-quality reports, dashboards, and presentations tailored for senior stakeholders and decision-makers.
• Good interpersonal and stakeholder management skills, with the confidence to ask questions, challenge, and drive decision-making at all levels of the organization.
• Awareness of Quantitative Risk Analysis (QCRA/QSRA), with understanding of the importance in integrating results into project planning and decision-making.
• Awareness of risk management standards, KPIs, and playbooks across project portfolios.
• Awareness of Power BI, with an understanding of the integration risk data into project-level dashboards and reports.
• Commitment to continuous improvement, with an understanding of how to recognise lessons learned and best practices in relation to risk management processes.
• Awareness of industry-standard tools and systems, including Safran Risk, Microsoft Office, and Document Management Systems.
• Effective analytical and problem-solving skills, with the ability to navigate conflicting requirements and deliver actionable solutions in high-pressure environments.

Minimum Requirements

• Awareness of risk management within NEC3/NEC4 Engineering and Construction Contract (ECC) frameworks, ideally in large-scale Engineering, Procurement, and Construction (EPC) projects. Experience in IT systems including MS Office Suite and an awareness of advanced risk management software (e.g., Safran Risk, Primavera Risk Analysis, or equivalent).
• Experience in supporting a Risk Manager in the delivery of risk management within projects.
• Strong communication and interpersonal skills, with the ability to engage effectively with Project stakeholders.
• Degree qualified in a relevant field (e.g., Business, Finance, Risk Management engineering, or Project Management) or equivalent qualifications (e.g. MoR or PMI-RMP)/experience.
• Demonstrable ability to work independently and collaboratively with project and programme teams.

What's in it for you

As well as a competitive salary which is reviewed annually, you can also enjoy a number of other benefits. With our pension scheme, we'll double match your contribution up to a company contribution of 10%.

At ScottishPower, we believe it's the little things we do in life that make a big difference. From helping you look after your family's wellbeing, save for your future and take personal steps for climate action - our benefits are designed to help you do just that - so that you have everything you need to take care of your world - today and tomorrow. That's why our benefits include:

• 36 days annual leave
• Holiday Purchase - perfect your work/life balance with extra annual leave
• Share Schemes
• Payroll Giving and Charity Matched Funding
• Technology Vouchers - save more and spread the cost of your technology purchases
• Electric Vehicle Schemes - to help you transition to green/clean driving
• Cycle to Work scheme and Public Transport Season Ticket Loans
• Healthcare benefit options including: Dental Insurance, Private Medical Insurance, Health Cash Plan and annual Health Assessments
• Life Assurance (4x salary)
• Access to Savesmart financial wellbeing support
• Plus shopping, leisure, restaurant and gym discounts, and unique employee deals on travel insurance and more

Why SP Energy Networks

SP Energy Networks is part of the Iberdrola Group, one of the world's largest integrated utility companies and a world leader in wind energy. We keep electricity flowing to homes and businesses through Central and Southern Scotland, North Wales and in the North West of England. We operate over 4000km of cables and lines that make-up the transmission network - connecting infrastructure like wind farms into the electricity system. It's a role that puts us right at the heart of Scotland's ambition to be Net Zero and we're taking it very seriously. We're investing over £10 billion into our transmission network, directly supporting the rapid growth needed in renewable energy. With diverse opportunities across our businesses and a commitment to invest in our own internal talent, ScottishPower can offer people real career opportunities that meet personal and professional goals, in a global organisation.

Inclusion, diversity, and a social purpose are at the heart of everything we do. Together with our values, they bring us together into a stronger, more sustainable business with direct links to the communities we serve. It takes all kinds of people to build a large-scale business like ours, so whatever your background, you'll fit right in.

We are committed to providing reasonable support or adjustments in our recruiting processes for candidates with disabilities, long term conditions, mental health conditions, or who are neurodivergent or require pregnancy-related support. If you need support, please reach out to [email protected].

Mobility

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country. If/when required, the Company will support the employee with the necessary Immigration requirements.