Risk and Opportunity Manager

About the role

At RTX, the world’s largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world’s most complex problems. With three market‑leading businesses, world‑class operations, and investments in research and development, RTX offers capabilities and opportunity no one else can. Raytheon brings more than 100 years of experience and renowned engineering expertise to meet today’s mission and stay ahead of tomorrow’s threat. Raytheon is seeking a highly motivated candidate to serve as a Risk and Opportunity (R&O) Manager within the Land Based Sensors (LBS) Family of Radars. In this role, you will work closely with Program Managers, cross‑functional Integrated Product Teams (IPTs), and supporting functions to drive predictable performance across contracts. This position supports the Development program area and provides a strong growth opportunity for those aspiring to advance in program management.

Responsibilities

• Develop program‑enhancing partnerships across IPTs, the Program Office, Finance, Planning, and all supporting functions.
• Collaborate with program teams on Risk & Opportunity (R&O) identification, assessment, and handling.
• Drive compliant R&O management and best practices.
• Facilitate Risk and Opportunity Management Boards (ROMBs) and workshops.
• Create and analyze R&O metrics.
• Document and drive R&O‑related actions to closure with program teams.
• Ensure the Integrated Master Schedule (IMS) adequately reflects R&O handling plans.
• Review and reconcile Estimate at Complete (EAC) R&O data with the program risk register.
• Support program start‑up activities for R&O management.
• Develop customer‑facing R&O reports (e.g., CDRLs).
• Expected to support domestic travel as needed.

Requirements

Must have:

• U.S. citizenship (required for security clearance eligibility).
• Ability to obtain and maintain a U.S. government‑issued security clearance; DoD Secret clearance active and existing after day 1.
• Typically requires a University Degree or equivalent experience and minimum 8 years of prior relevant experience, or an Advanced Degree and minimum 5 years of relevant experience.
• Experience with Risk & Opportunity Management.
• Demonstrated experience working within a cross‑functional team environment.

Preferred:

• Existing security clearance.
• Experience in program or project management and/or as an IPT lead.
• Experience with financial management (e.g., EAC support).
• Experience with program schedules (IMS) and/or Schedule Risk Assessments (SRAs).
• Program management certifications.

Benefits

Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.

• Medical, dental, vision coverage.
• Life insurance.
• Short‑term and long‑term disability.
• 401(k) match.
• Flexible spending accounts.
• Flexible work schedules.
• Employee assistance program.
• Employee Scholar Program.
• Parental leave.
• Paid time off and holidays.
• Annual short‑term and/or long‑term incentive compensation programs (eligibility dependent on position level and collective‑bargaining coverage).

Not Relocation Eligible – Relocation assistance is not available.

Pay

The salary range for this role is 107,500 USD – 204,500 USD.