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Employment Type:
Not Specified
Job Category:
Aerospace & Aeronautics
Risk & Opportunity Manager
(This job is no longer available)
Raytheon Company | Aberdeen, MD
Grad Date

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Job Description

The R&O Manager will support multiple programs with both domestic and international customers. In this role, the R&O manager will have overall program Risk & Opportunity responsibilities and will work closely with the program managers on all R&O related issues.


  • Coordinating and aligning R&O management effort with all Cross Business Teams (e.g., Engineering, Operations, and Supply Chain), Integrated Product Teams, Finance and Program Management Processes.
  • Performing program level analysis on all R&Os flowed up from Cross Product Teams and Integrated Product Teams.
  • Identifying, assessing, tracking and coordinating program level R&Os.
  • Facilitating R&O related workshops for the program.
  • Facilitating and participate in R&O related lessons learned sessions for the program.
  • Creating and analyzing program level metrics (e.g., Integrated Defense Systems R&O metrics, burndown plans, exposure charts, tracking sheets, margin analysis, top R&Os, step tracker (handling plan execution).
  • Supporting Cost and Schedule Risk Analysis; especially with respect to R&O identification.
  • Working with program team to maintain the Estimate at Completion with respect to R&O for desktop and comprehensive Estimate at Completion reviews. Reviewing and reconciling Estimate at Completion R&O status with register data.
  • Participating in program meetings to identify potential R&Os.

Required Skills:
  • 6+ years of experience related to the above job description
  • Program or cross product experience
  • Ability to obtain DoD Secret Security Clearance
  • U.S. Citizenship status is required as this position needs an active U.S. Security Clearance within 1 year of start date.
  • U.S. Citizenship status is required as this position will require the ability to access US only data systems.

Desired Skills:
  • Experience with program risks and opportunities related to margin analysis on proposals and estimates to completion
  • Experience with risk management tools, e.g. Risk Register, Active Risk Manager (ARM)
  • Earned Value Management System (EVMS) Certification.
  • Advanced Six Sigma Certification (e.g., R6s Expert, Principal Specialist, Six Sigma Blackbelt or Master Blackbelt)
  • Existing Secret Security Clearance or the ability to acquire a Secret Security Clearance.
  • Experience with various types of contracts (e.g., Cost Plus Fixed Fee, Firm Fixed Price, Cost Plus Incentive Fee)

Required Education:
Bachelor’s Degree NOTE: In lieu of Bachelor's degree, candidate may also possess an Associate's degree with 10 years' related experience OR High school Diploma with 14 years' of related experience


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.


About Raytheon Company

Raytheon Company is a technology and innovation leader specializing in defense, civil government and cybersecurity markets throughout the world. With a history of innovation spanning 92 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems; as well as a broad range of mission support services

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