Senior Risk and Opportunity Manager

London, England, United Kingdom

12/16/2024

Job Description

Base salary: £53580 pa to c.£67300 pa depending on skills and experience. In addition, we offer flexible benefits fund of 20% which is paid on top base salary and is fully pensionable, as well as a range of competitive benefits - check them out in the Benefits section on our website.

HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives and achieves their full potential. In practice, this means we are positive and inclusive about making adjustments, providing flexible working, encouraging our staff networks to flourish and providing personal and professional development opportunities.

As the Senior Risk & Opportunity Manager you will be responsible for leading a key function and supporting the Head of Risk and Opportunity in owning and managing strategic enterprise risk and opportunity, developing policies, processes and standards, and ensuring these are effectively executed across the organisation. The role will also support development and delivery areas through the provision of specialist services and advice, working to develop an integrated view of risk and opportunity across the programme, identifying trends and suggesting risk management and mitigation strategies to leadership. 

About The Role

• Lead the development of an integrated view of risk and opportunity across the programme.
• Provide guidance in risk management and mitigation and opportunity creation to leaders across the programme.
• Support the development and delivery of risk and opportunity management policies, processes, and standards, promoting continuous improvement.
• Ensure consistent and effective application of risk and opportunity management policies and processes across the programme and its lifecycle.
• Support the joint evaluation of risk and opportunities by Project Controls and the supply chain to establish a thorough risk profile and opportunity scan.
• Develop and implement Quantitative Risk Assessments (QRA) policies, processes, and standards.
• Manage and quantitatively analyse the risk exposure of threats, opportunities, and issues affecting programme objectives.
• Statistically model identified risks in quantitative terms, ensuring robust and auditable quantitative risk models.
• Provide reliable assessment of the overall programme risk exposure to inform financial forecasts.
• Produce scenarios for risk exposure over time and analyse these relative to contingency provisions.
• Work with Risk Managers, Planners, Cost Managers, and Project Controls Managers to deliver cost and schedule risk and opportunity assessments.
• Provide input into periodic performance and risk and opportunity reporting, ensuring leaders have the necessary information for informed decisions.
• Provide Subject Matter Expert (SME) guidance and advice on risk management to development and delivery areas.
• Support and guide other teams in the use and understanding of risk management data and the identification and assessment of new opportunities.
• Provide functional line management, performance management, and objective setting support to direct reports.
• Actively promote and embed Equality, Diversity and Inclusion (EDI) in all work and support organisational initiatives, policies, and procedures on EDI.
  
  

Skills

About you:

• Clear Direction - Prioritising objectives, analysing inputs, assessing and assessing data, contributing to the definition of strategies and supporting rationales. Ability to direct the team on the actions needed to manage and mitigate any critical issues.
• Complex problem solving –Ability to assimilate large volumes of detail, drawing out the key issues in a clear and concise way, suitable for internal stakeholders.
• Prioritisation – able to manage and plan multiple workstreams to best fit business needs.
• Decision Quality - Gathering and producing information, identifying options and applying judgement based on logic and reason, making use of a variety of analytical approaches to provide relevant information to suppliers, stakeholders and decision makers using key facts and data.
• Communication risk & opportunity concepts and information in a way that is easily understood by a range of senior colleagues and stakeholders.
• Ability to assimilate large volumes of detail, drawing out the key issues in a clear and concise way, suitable for all audiences.
• Ability to contribute to the definition of processes to enable the effective financial management of risk and opportunity
• Ability to train the team in the approved processes
• Ability to assure that the team are adhering to the approve processes and to lead the team in continuous improvement efforts to improve team efficiency and effectiveness
  
  

Knowledge

• Knowledge of Project Controls with specialism in Risk and Opportunity Management processes
• Understanding of programme delivery
• Knowledge of the risk and opportunity environment in large infrastructure projects
• Knowledge and understanding of how to quantitatively and qualitatively assess complex and integrated construction and commissioning work
  
  

Type Of Experience

• Experience of operating effectively as a middle manager, undertaking significant programmes of work which are subject to external scrutiny.
• Experience of developing a team within a major project or programme.
• Experience of reporting to internal senior stakeholders on risk management, including assimilating complex information into simple and easy to understand management information.
• Experience of enacting approved systems and processes to support the achievement of business goals.
• Experience of project/programme risk management role within large scale, complex project.
• Experience of integrating an extended supply chain with a client risk and opportunity register
• Risk Management qualification such as the Institute of Risk Management (IRM) or the Association of Project Management (APM).
• Experience of using risk management systems such as Xactium and Oracle Primavera Risk.
  
  

The post-holder is expected to behave at all times in a manner consistent with the HS2 values of Safety, Leadership, Integrity and Respect

It is expected that you will 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.

As HS2 Ltd do not hold a sponsorship license from the Home Office, we are not able to provide sponsorship to any applicant. Applicants must already have the Right to Work in the UK at the time of application and our process involves a Right to Work validation prior to the interview stage. Note, there are certain types of time-bound visas that we cannot accept.

Any offers made to applicants will be subject to satisfactory completion of pre-employment checks which include Nationality & Immigration Status, employment references, DBS, Financial and Education checks.

We ask for a variety of detail in your online application, however we perform the first assessment of suitability for a role based solely on the information in your CV. In a further development of our efforts to create a more diverse workforce, your CV will be anonymised and personal information will be removed during the first stage of the application review. This removes bias from the process and makes it even more important that you attach an updated word version of your CV for each new application ensuring you include evidence directly related to the criteria in the job advert.

Watch this video on how we remove bias in the recruitment process: Removing bias in the recruitment process (youtube.com)

Any applications received after the closing date will not be considered.

About Us

High Speed 2 (HS2 Ltd) will be the UK’s new high speed rail network. As well as improving capacity, the new scheme will shorten journey times between a number of Britain’s major population centres, boost the economy and create thousands of jobs.

HS2 Ltd will create a skills legacy and develop a diverse range of talent. We aim to be a leader in EDI practice by creating a safe & inclusive working environment for all our staff - living our values of Safety, Respect, Integrity and Leadership.

In practice, this means we are positive and inclusive about making adjustments, providing flexible working, encouraging our staff networks to flourish and providing personal and professional development opportunities.

HS2 Ltd is also a safety-critical organisation. Employees are required to ensure reasonable care of their own and others’ health and safety by taking personal responsibility for working to our ‘Safe at Heart’ programme principles and following safe working procedures at all times.

HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives and achieves their full potential.