Risk Analyst

As a Risk Analyst at Systems Planning and Analysis, Inc., you will be responsible for identifying potential risks, developing S.M.A.R.T. mitigation plans, and engaging with stakeholders to regularly review and update risk assessments. You will support risk management compliance with AUKUS guidance and policies, collaborate with team members to enhance risk management tools, and lead risk review meetings with senior leadership.

To apply for the Risk Analyst position at SPA, candidates must possess a Bachelor’s degree and have a basic understanding of risk management concepts such as ISO 31000. Additionally, proficiency in Microsoft Excel and PowerPoint is essential, along with strong verbal and written communication skills. A current DoD security clearance (minimum Secret) is also necessary.

While previous experience with Team Submarine and NAVSEA is highly desired, it is not mandatory for the Risk Analyst role at Systems Planning and Analysis, Inc. Candidates who demonstrate a solid understanding of Navy acquisition processes and possess relevant skills in risk management will also be considered.

A successful Risk Analyst at Systems Planning and Analysis, Inc. should possess strong analytical skills, an eagerness to learn, and high attention to detail. The ability to manage multiple tasks efficiently and communicate effectively with various stakeholders is also crucial, along with experience or knowledge of international partnerships in risk assessment.

As a Risk Analyst at Systems Planning and Analysis, Inc., you’ll have opportunities for professional development, including working on high-profile defense programs, enhancing your risk management frameworks, and gaining valuable experience in the naval acquisition process. The dynamic and collaborative environment fosters continuous learning and potential career advancement within the organization.

When answering this question, highlight any coursework, certifications, or practical experiences with risk management concepts like ISO 31000. Provide specific examples where you applied these concepts in your previous roles or educational settings.

Discuss a systematic approach, such as stakeholder interviews, risk workshops, or project documentation reviews that you've used in the past. Emphasize your analytical mindset and attention to detail as essential tools in pinpointing risks effectively.

Outline a step-by-step methodology for creating effective mitigation plans. This could include assessing the impact and likelihood of risks, strategizing response measures, and prioritizing actions based on risk assessment, while emphasizing collaboration with stakeholders.

Explain your approach to staying informed about relevant regulations and guidelines, and detail your experience with conducting regular compliance reviews and audits, fostering an environment of accountability among team members.

Provide a concrete example that demonstrates your problem-solving skills and ability to implement effective risk mitigation strategies. Make sure to discuss the outcome and what you learned from the experience.

Discuss the importance of clear communication and transparency when sharing risk assessments. Mention your experience with preparing reports or presentations that convey risk information in an accessible manner, and your proactive approach to keeping stakeholders informed.

Mention any specific software or tools that you have experience with, especially Microsoft Excel or other data analysis platforms. Speak about your proficiency in using these tools for data visualization and tracking risk metrics.

Describe your methodology for risk prioritization, such as evaluating the likelihood and impact of each risk, and discuss how you communicate these rankings to your team to ensure everyone is focused on the most pressing issues.

Emphasize the importance of teamwork in identifying and managing risks. Share examples of how collaborative efforts have led to improved risk assessments and mitigation strategies in your previous positions.

Research industry trends and developments prior to your interview. Provide insights into current challenges the submarine industry may be facing, such as budget constraints, technological advancements, or international relations, and emphasize your understanding of how these factors influence risk management.