Risk Manager Torino

Risk Manager
Torino
Piemonte, Torino

Date**:24 Dec 2024

**Location**: Torino, IT

**Company**:newcleo

**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

- 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