Risk & Opportunity Project Manager
About The Position
Raytheon’s Land and Air Defense Systems (LADS) is seeking a Risk & Opportunity Project Manager to lead risk and opportunity (R&O) management across a country portfolio within Global Patriot and Product Support, covering Production and Sustainment. The role partners with program leadership and cross-functional teams to set R&O priorities, drive risk mitigation and opportunity capture, and inform decisions affecting cost, schedule, and financial performance. The manager brings a portfolio-wide perspective to program challenges, identifies shared drivers and emerging trends, and coordinates actions to strengthen performance across the portfolio. The position is onsite in Andover, Massachusetts, or Tewksbury, Massachusetts, and requires approximately 10% domestic and international travel for customer-, company-, and program-related activities. An active and existing DoD Secret clearance is required after day one, and U.S. citizenship is required. Relocation is not available.
Requirements
- A university degree or equivalent experience and at least 5 years of relevant experience, or an advanced degree in a related field and at least 3 years of experience.
- Experience with program risk and opportunity management processes.
- Experience with project management fundamentals, including managing cost, schedule, and performance metrics across programmatic and technical workflows.
- Experience with program management tools such as Earned Value Management Systems (EVMS), Estimate at Completes (EACs), and/or Integrated Master Plan or Schedule (IMP/IMS).
- Ability to obtain and maintain a U.S. government Secret security clearance; U.S. citizenship is required because only U.S. citizens are eligible for a clearance.
- Active and existing security clearance required after day one.
- Ability to travel domestically and internationally for customer-, company-, and program-related activities, approximately 10% of the role.
Nice To Haves
- Experience with program R&O processes, including program revenue and profit recognition to minimize organizational risk.
- Experience proposing and executing Production and Sustainment programs and strategies with FMS and DCS contracts, including developing and reviewing bases of estimates (BoEs).
- Experience with Lean Six-Sigma and/or Raytheon CORE process improvement methodologies.
- Knowledge and proficiency in program processes, financial planning and execution, EACs, EVM, and key metrics including Bookings, Sales, Earnings, and Cash.
- Prior defense industry experience supporting the product life cycle.
- PMP or Raytheon Program Manager 6 Certification or higher, with the ability to obtain PM Level 6 within 12 months.
- Experience working with geographically distributed, multidisciplinary teams.
- Strong communication, influence-management, and presentation skills, including interaction with internal and external stakeholders at all leadership levels.
- Ability to work independently, navigate organizational complexities, and obtain resources to move initiatives forward.
- Strong Microsoft Office skills, including Excel (pivot tables and advanced formulas), Project, Word, PowerPoint, and Outlook.
Responsibilities
- Lead risk and opportunity management across a Global Patriot country portfolio spanning Production and Sustainment, partnering with program leaders to prioritize mitigation and opportunity capture.
- Drive execution of mitigation and opportunity capture plans by establishing milestones with action owners, tracking progress, resolving barriers, and evaluating outcomes.
- Turn R&O analysis and reporting into actionable recommendations that inform program decisions, reduce exposure, and improve cost, schedule, and financial performance.
- Influence and coordinate execution across Program Managers, Program Integrators, Integrated Product Team Leads, and internal Raytheon partners to secure support and maintain accountability for R&O actions.
- Travel domestically and internationally for customer-, company-, and program-related activities, approximately 10% of the role.
Benefits
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Short-term disability
- Long-term disability
- 401(k) match
- Flexible spending accounts
- Flexible work schedules
- Employee assistance program
- Employee Scholar Program
- Parental leave
- Paid time off
- Holidays
- Potential annual short-term and/or long-term incentive compensation, depending on position level and collective-bargaining coverage
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
