1+ months

Risk & Opportunity (R&O) Manager

Raytheon Missle Systems
Tewksbury, MA 01876
The Whole Life Engineering Directorate has an opening for a Risk & Opportunity (R&O) Manager . The R&O Manager will support the IDS programs with both domestic and international customers. The R&O Manager will have overall program R&O responsibilities and work closely with the program manager on all R&O related issues.

The Whole Life Engineering Directorate is a systems engineering organization whose main objective is to influence hardware, software, and systems early in their life cycle to assure effective operation, reliability and economical ownership by the customer and end users.

This position will be located in Tewksbury, MA. Specific responsibilities include:

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).

Performing informal Risk and Opportunity assessment of Integrated Master Schedule/Plan (IMS/IMP).

Ensuring that IMS adequately reflects R&O mitigation/capture plans.

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.

This position requires the eligibility to obtain a security clearance. Except in rare circumstances, only US Citizens are eligible for a security clearance.

Required Skills:

8+ years of engineering experience

Experience with Program or cross product issues

US Citizenship is required

Desired Skills:

Experience with various types of contracts (e.g., Cost Plus Fixed Fee, Firm Fixed Price, Cost Plus Incentive Fee)

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) Certified Level 2

MS in Engineering

Program Management Certification

Advanced Six Sigma Certification (e.g., 6 Sigma Expert, Principal Specialist, Six Sigma Blackbelt or Master Blackbelt)

Existing Secret
Security Clearance or the ability to acquire a Secret Security Clearance.

Capture Management Certification

Required Education:

Bachelors Degree in a STEM discipline

This job is posted internally as: Principal Multi-Discipline Engineer
Here at Integrated Defense Systems, we innovate to create solutions and solve complex challenges across all domains: from land and sea to air, space, and cyberspace. In doing so, we embrace the talent, expertise and perspectives of our diverse workforce, each bringing their skills, ideas and dedication to the work we do. We pride ourselves on our commitment to our customers, industry partners and our teammates, making a positive impact not only to our business, but also in our communities where we live and work. Our constant innovation is made possible by a strong culture, investing in our people, and an unwavering vision thats shared by our employees across the globe a vision of one global team creating trusted, innovative solutions to make the world a safer place.

We have been recognized as a respected employer and valued corporate citizen for our employment practices, programs and community support by a number of highly-regarded organizations. The list includes: Forbes, Glassdoor, National Veterans Small Business Association, Corporate Responsibility Magazine, Environmental Protection Agency, Affinity Inc. and many more.

What We Offer:
Whether youre 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 on offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance and child/adult backup care.


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.


Posted: 2019-12-07 Expires: 2020-02-13

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Risk & Opportunity (R&O) Manager

Raytheon Missle Systems
Tewksbury, MA 01876

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