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Raytheon Technologies Risk and Opportunity Senior Manager in Andover, Massachusetts

At Raytheon Missiles & Defense, you have the opportunity to try new things and make a bigger difference across a broader end-to-end solution, a richer technology and product set, an expanded range of disciplines, a growing global footprint and a more diverse team of colleagues and customers.

Have you considered a career path in Program Management?

Job Summary:

Program Management Excellence (PMX) has an exciting opportunity for a Senior Risk & Opportunity (R&O) Manager to join the team and be assigned to a Program Office working closely with the PM and his or her team.

The Senior R&O Manager will support multiple challenging programs within the Raytheon Missiles and Defense (RMD) Business Unit.

The Sr. ROM will work closely with the Program Manager, Chief Engineer, and functional organizations to drive best in class performance by identifying and tracking risks and opportunities to enable flawless performance on contracts.

The PMX organization provides Program Management best practices, tools, resources, and mentoring to all Raytheon mission areas. This organization collaboratively works with programs and multiple functional areas to bring our customers the best in class leadership. This organization also provides and mentors the best talent to grow the business and prime the talent pipeline for future leaders in Program Management.

This position will be located in MA (Andover).

Responsibilities to Anticipate:

  • Drive cross functional collaboration/relationship management across Cross Business Teams (CBT) (e.g., Engineering, Operations, and Supply Chain), Integrated Product Teams (IPT), Finance and functions

  • Accountable to drive effective risk management processes and compliance across all functions on a program.

  • Developing inputs for functional tracking books, EAC's metrics, procedures, and action items follow-up

  • Supports program start up process with R&O related workshops

  • Execute Risk and Opportunity Review Board cadence to achieve contract commitments

  • Lead R&O related lessons learned sessions for the program.

  • Ensuring adequate risk and opportunity handling plans are developed and progress tracked by working with owners

  • Creating and analyzing program level metrics (e.g., Raytheon Missiles and Defense R&O metrics, burn down plans, exposure charts, tracking sheets, margin analysis, top R&Os, step tracker (handling plan execution).

  • Ensure implementation of Program Management Excellence best practices

  • Ensure program IMS adequately reflects R&O mitigation/capture plans.

  • Review and reconcile EAC R&O status with register data.

  • Serve as subject matter expert for Risk Management with the customer

Qualifications You Must Have:

  • Minimum of 10 years of experience in a technical and /or project management role

  • Experience in Risk and Opportunity Management

  • Demonstrated leadership skills (direct or influential) Ex: Presenting data or proposals to customers, managing suppliers, direct communication to leadership, etc.

  • Experience with Earned Value Management techniques

  • Experience with root cause analysis, system problem solving, investigation, and solution implementation

  • Bachelor’s Degree in STEM or Management related field.

Qualifications We Value:

  • Experience with program risks and opportunities related to margin analysis on proposals and estimates to completion

  • Experience with risk management tools

  • Earned Value Management System (EVMS) Certified

  • Program Management Certification

  • Advanced Six Sigma Certification (e.g., R6s Expert, Principal Specialist, Six Sigma Black belt or Master Black belt)

  • Experience with various types of contracts (e.g., Cost Plus, Firm Fixed Price, Production, and Development)

  • Experience with radar development or production programs

  • Demonstrated follow up/follow-thru on tasking

  • Strong analytical and problem-solving skills and attention to detail

  • Excellent written and verbal communication skills

  • Strong organizational skills

    What We Offer :

    Whether you’re just starting out on your career journey or are an experienced professional, we offer a robust total rewards package that goes above and beyond with compensation; healthcare, wellness, retirement and work/life benefits; career development and recognition programs. Some of the superior benefits we offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance and child/adult backup care.

    Clearance Information:

    This position requires the eligibility to obtain a security clearance. Non-US citizens may not be eligible to obtain a security clearance. The Defense Industrial Security Clearance Office (DISCO), an agency of the Department of Defense, handles and adjudicates the security clearance process. More information about Security Clearances can be found on the US Department of State government website here: https://www.state.gov/m/ds/clearances/c10978.htm


Raytheon is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, age, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.