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Risk Manager

London, UK
£45 - £50 per hour

This role is responsible for supporting management of strategic enterprise risk, developing risk management policies, processes and standards, and ensuring these are effectively executed across the organisation. The role will also support development and delivery areas by developing an integrated view of risk across the programme, identifying trends and developing risk management and mitigation strategies.

The Programme Management Office (PMO) forms part of the CFO Directorate and is responsible for cost management & estimating, risk management, schedule management and integration, performance reporting, tools and systems and project management capability across the organisation and both Phase One and Phase Two. The PMO supports and enables delivery through the provision of specialist resources and services into Phase One and Phase Two Project Controls, and by centrally defining and implementing core project controls processes and standards

Accountabilities:

  • To be accountable for supporting the development of an integrated view of risk across the programme.
  • To be responsible for providing guidance in risk management and mitigation to teams across the programme.
  • To be responsible for supporting the development and delivery of risk management and mitigation policies, processes and standards, leveraging industry best practice and driving continuous improvement.
  • To be accountable for ensuring that risk management policies and processes are applied consistently and effectively across the programme and across the programme lifecycle.
  • To be responsible for supporting the joint evaluation of risks by Project Controls and the supply chain to establish a thorough risk profile and a basis for risk sharing and incentives.
  • To be accountable for supporting HS2’s periodic performance and risk reporting, ensuring leaders have the information needed to make informed risk management, risk sharing and contingency management decisions.
  • To be responsible for providing advice on risk management to development and delivery areas across the organisation.
  • To be accountable for supporting and guiding other teams in relation to the use and understanding of risk management dataTo be responsible for providing functional line management, performance management and objective setting support to direct reports.
  • To be accountable for supporting the development and implementation of Quantitative Risk Assessments (QRA) policies, processes and standards.
  • To be accountable for quantitatively analysing the risk exposure of threats, opportunities and issues that could affect the HS2 Programme objectives, making use of HS2 and industry standard risk management tooling and systems.
  • To be accountable for statistically modelling identified risks in quantitative terms of cost, time and other categories of risk as appropriate, ensuring that HS2 Programme quantitative risk models are robust and auditable.
  • To be responsible for providing reliable assessment of the overall HS2 Programme risk exposure to inform the financial forecasts produced within Finance.
  • To be responsible for working with Risk Managers, Planners, Cost Managers and Project Controls Managers to deliver cost and schedule risk assessments, ensuring leaders have the information required to make informed delivery trade off decisions.
  • To be accountable for producing scenarios for risk exposure over time and analyse these relative to the contingency provisions in the HS2 Investment Model.
  • Actively promote and embed Equality, Diversity and Inclusion (EDI) in all your work and support and comply with all organisational initiatives, policies and procedures on EDI.

Skills:

  • Ability to undertake qualitative and quantitative risk analyses in support of business decision making.
  • Ability to build cost, schedule and risk models in a number of applications, appropriate to maturity of projects and programmes.
  • Ability to communicate risk concepts and information in a way that is easily understood by colleagues and stakeholders.
  • Ability to develop, with aid of subject matter experts where appropriate, and implement appropriate risk management actions for identified risks across projects.
  • Communication and Influencing Skills – ability to produce clear, persuasive written and verbal communications which engage and influence colleagues and external stakeholders at a range of levels.

Knowledge:

  • Knowledge of project and programme risk management.
  • Knowledge of current project management and project control processes,particularly major projects and programmes.

Type of experience:

  • Experience of project/programme risk management role within large scale, complex project.
  • Recognised Risk Management qualification such as the Institute of RiskManagement (IRM) or the Association of Project Management (APM).
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