Risk Analyst

Can be based at SP Energy Networks, Cambuslang or Edinburgh Park, Edinburgh.

Salary from £45,400

Permanent / Hybrid (3 days office / 2 days remote)

Closing date: 2nd October 2026

Help us create a better future, quicker

As a Risk Analyst, you will play a key role within the Core PMO, supporting the Core Risk Manager in delivering effective risk management across the Core Portfolio.

You'll contribute to a range of activities, including facilitating risk workshops, providing guidance and training on risk registers and reporting on portfolio risk profiles. You will also support the implementation of best-practice risk management standards, driving continuous improvement and helping to strengthen risk management capability across the portfolio.

What you'll be doing

As a Risk Analyst, you'll provide hands-on assistance to Core projects, working closely with project teams to maintain effective risk registers that are material to their critical priorities. You'll assist the Risk Manager in conducting Quantitative Risk Assessments QRAs (QSRA/QCRA), integrating results into planning and cost forecasts to define appropriate risk contingencies and schedules.

Working with Planning and Cost teams to validate risk assessment assumptions and address queries about risk applications within project baselines, you will offer insights into risk registers, explain risk-related data clearly and provide practical advice on risk management processes to project teams at all stages of delivery.

Utilising project risk management dashboards to present key performance indicators, helping teams make informed judgments, you will maintain and leverage the risk library, ensuring projects consider common risks relevant to their scope. You'll also facilitate risk participation in Project Lessons Learned activities, contributing to continuous improvement across the Core PMO.

Working with the Core Risk Manager, you'll help ensure programmes and projects meet external OFGEM requirements, providing assurance and strategic direction across the portfolio. You'll engage with Heads of Programme, Commercial and Contracting coordinators and Director-level stakeholders across SPT (SP Energy Networks Transmission), enabling portfolio risk reporting and insights development.

What you'll bring

You'll have experience assisting a Risk Manager in delivering risk management activities within large capital expenditure projects. A degree in a relevant field such as Risk Management or Project Management, or equivalent qualifications (MoR or PMI-RMP) or equivalent experience, is required.

Strong written and verbal communication skills are essential, with the ability to produce high-quality reports, dashboards and presentations tailored for senior stakeholders and those responsible for key judgments. You'll demonstrate effective stakeholder management capabilities, with the confidence to ask questions, examine assumptions, and facilitate evaluation at all levels of the organisation.

Experience working within multidisciplinary teams and fostering coordination across subject-matter experts is important. You'll have familiarity with how to deliver project-wide risk workshops and meetings, providing practical assistance to the Risk Manager.

Awareness of Quantitative Risk Analysis (QCRA/QSRA) is required, with knowledge of how to integrate results into project planning and evaluation. Familiarity with risk management standards, KPIs and playbooks is valuable, along with awareness of Power BI and how risk data integrates into project-level dashboards and reports.

Knowledge of NEC3/NEC4 Engineering and Construction Contract frameworks is beneficial, particularly in relation to risk and change management processes within large-scale Engineering, Procurement, and Construction projects. Awareness of industry-standard tools and systems such as Safran Risk, Nodes & Links, Primavera Risk Analysis, Riskonnect/ARM, or equivalent platforms will be advantageous.

You'll possess effective problem-solving skills, with the ability to navigate conflicting requirements and deliver practical solutions in high-pressure environments. A focus on continuous improvement, with awareness of how to recognise lessons learned and best practices in risk management processes, is essential. The ability to work autonomously and in partnership with Core PMO and project teams is crucial to success in this role.

What's in it for you

As well as an attractive 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

• Equity Plans

• 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 assistance

• Plus shopping, leisure, restaurant and gym discounts, and unique employee deals on travel insurance and more

Why ScottishPower

ScottishPower is part of the Iberdrola Group, one of the world's largest integrated utility companies and a world pioneer in wind energy. With a dedication to generate all of our energy from renewable resources and a drive to create the energy infrastructure of the future, we're at the forefront of the journey to Net Zero and investing over £6m every working day to make this happen. With diverse opportunities across our businesses and a dedication to invest in our own internal talent, ScottishPower can offer people real career opportunities that meet personal and professional goals, in a global organisation.

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

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

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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.

IMPORTANT 

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