Full-Time

Principal Program Risk Management/Sr Principal Program Risk Management

Updated on 3/14/2025

Northrop Grumman

Northrop Grumman

10,001+ employees

Aerospace and defense technology solutions provider

Compensation Overview

$87k - $162.6kAnnually

+ Overtime + Shift Differential + Discretionary Bonus + Annual Bonus

Senior, Expert

Huntsville, AL, USA

Relocation assistance may be available.

US Citizenship, US Top Secret Clearance Required

Category
Risk Management
Finance & Banking
Required Skills
Risk Management
Requirements
  • Bachelor’s Degree with 5 years of experience OR Master's degree with 3 years of experience OR PhD with 1 year of experience
  • Bachelor’s Degree with 8 years of experience OR Master's degree with 6 years of experience OR PhD with 4 years of experience
  • Proven experience in risk management, with an excellent understanding of risk management principles and techniques
  • Demonstrated success leading teams and/or organizations to achieve a common goal
  • Demonstrated ability to work independently with limited guidance and exercise independent judgment, knowing when to elevate concerns or issues
  • Strong executive briefing skills
  • Strong proficiency with Microsoft Office suite of products
  • Active DoD Secret Clearance
Responsibilities
  • Facilitate execution and maintenance of the defined Program Risk, Issue & Opportunity processes and ensure the Risk & Opportunity Management Plan is kept up to date and current.
  • Coordinate and organize regularly scheduled Risk and Opportunity Management Board (ROMB) and Risk and Opportunity Working Group (ROWG) meetings and maintain records of meeting artifacts and minutes
  • Support programs in coordinating and conducting thorough risk and opportunity management practices including identification, analysis, and handling
  • Review the current risk and opportunity registers to ensure the execution plan is being followed and recommend corrective action where needed
  • Assist program managers/directors with risk and opportunity handling approaches, mitigation plans and opportunity pursuit plans. Assist in identifying and incorporating emerging risks and opportunities.
  • Ensure that program risk and opportunity management activity is reviewed as part of the program and business area strategic rhythm
  • Support program management and program cost account managers (CAMs), project managers, and Business Management in ensuring risks, issues, and opportunities are correctly represented in the program earned value management (EVM) and financial reporting. Assist with coordinating the integration of mitigation and/or maximization plans into the Integrated Master Schedule (IMS)
  • Support program managers/directors with risk and opportunity metrics to evaluate the effectiveness of the risk and opportunity management process and procedures. Assist in producing reports and presentations to leadership on program risk and opportunity posture along with presentations to inform and advise management on status of critical project risks and mitigations
  • Coordinate training for risk owners and CAMs on Risk and Opportunity Management
  • Facilitate and support phased TRIO Risk and Opportunity Management tool integration and maintenance. Serve as local tool administrator and develop expertise in TRIO tool capabilities and reporting
Desired Qualifications
  • Experience supporting U.S. DoD programs
  • Experience with the Integrated Battle Command System (IBCS) program and/or other C2 production and software programs
  • Experience in leveraging automation and software tools that promote efficiency, i.e. SharePoint, Confluence, Teams
  • Earned Value Management System (EVMS) experience

Northrop Grumman provides advanced aerospace and defense technology solutions, focusing on areas such as autonomous systems, cybersecurity, and space operations. The company develops and manufactures systems that integrate various technologies to meet the needs of government and commercial clients. Its products include systems for command and control, intelligence gathering, and logistics support. Northrop Grumman stands out from competitors by securing long-term contracts with government agencies, which ensures a steady revenue stream and allows for significant investment in research and development. The company's goal is to maintain its leadership position in the aerospace and defense sector by continuously innovating and delivering comprehensive solutions that meet the evolving needs of its clients.

Company Size

10,001+

Company Stage

IPO

Headquarters

Falls Church, Virginia

Founded

1939

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for autonomous systems boosts Northrop Grumman's AI and machine learning capabilities.
  • Growing cybersecurity needs offer expansion opportunities for Northrop Grumman's solutions.
  • U.S. government budget increases for space exploration benefit Northrop Grumman's space segment.

What critics are saying

  • Competition from Palantir's AI systems may challenge Northrop Grumman's market share.
  • Unmanned fighters like YFQ-42 and YFQ-44 could disrupt traditional defense models.
  • Oerlikon's advancements in additive manufacturing may increase competition in cost-effectiveness.

What makes Northrop Grumman unique

  • Northrop Grumman excels in autonomous systems, cyber, and C4ISR technologies.
  • The company has a strong track record with long-term government contracts.
  • Northrop Grumman invests heavily in R&D for continuous innovation.

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Benefits

Health Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Holidays

Relocation Assistance

Performance Bonus

Company News

The Defense Post
Mar 14th, 2025
Northrop Bags $267M Deal to Supply MQ-4C Triton Drones to US Navy

Northrop Grumman has secured a $267-million contract to produce two additional MQ-4C Triton drones for the US Navy,

Exchange Monitor
Mar 10th, 2025
Northrop Grumman does "static fire test" on Sentinel ICBM

Northrop Grumman is building the LGM-35A Sentinel intercontinental ballistic missile (ICBM) to replace the Minuteman III ICBM as the land leg of the nuclear triad.

MarketBeat
Mar 10th, 2025
Callan Family Office LLC Invests $618,000 in Northrop Grumman Co. (NYSE:NOC)

Callan Family Office LLC invests $618,000 in Northrop Grumman Co. (NYSE:NOC).

Olhar Digital
Mar 8th, 2025
Palantir launches AI systems for the US military

Additionally, Palantir has partnered with companies including Northrop Grumman, L3Harris, and Anduril Industries to enhance the program's capabilities.

MarketBeat
Mar 8th, 2025
Raymond James Financial Inc. Makes New $171.58 Million Investment in Northrop Grumman Co. (NYSE:NOC)

Raymond James Financial Inc. makes new $171.58 Million Investment in Northrop Grumman Co. (NYSE:NOC).