Risk Manager – Enterprise

Resilience Forward; Birmingham; Hybrid; GBP 90,000 - 130,000; Full time

Job summary

HS2 Ltd in the United Kingdom is seeking a senior professional to support the management of strategic enterprise risk and to develop risk management policies, processes and standards across the programme. The role will also help deliver an integrated view of risk, identify trends and develop mitigation strategies to enable informed decision-making.

The post involves guiding teams in risk management, providing quantitative analysis, and ensuring consistent application of risk policies throughout

Qualifications

• Develop an integrated view of risk across the programme.
• Provide guidance in risk management and mitigation to teams across the programme.
• Support the development and delivery of risk management policies, processes and standards, leveraging industry best practice.
• Ensure risk management policies and processes are applied consistently and effectively across the programme and lifecycle.
• Support joint evaluation of risks by Project Controls and the supply chain to establish a risk profile and basis for risk-sharing and incentives.
• Support HS2’s periodic performance and risk reporting to inform leadership decisions on risk and contingency management.
• Provide advice on risk management to development and delivery areas across the organization.
• Guide other teams in relation to the use and understanding of risk management data.
• Provide functional line management, performance management and objective-setting support to direct reports.
• Support and implement Quantitative Risk Assessment (QRA) policies, processes and standards.
• Conduct quantitative analysis of risk exposure of threats, opportunities and issues for HS2 programme objectives.
• Statistically model identified risks in quantitative terms of cost, time and other risk categories.
• Provide a reliable assessment of overall HS2 programme risk exposure to inform financial forecasts.
• Collaborate with Risk Managers, Planners, Cost Managers and Project Controls Managers on risk assessments.
• Produce scenarios for risk exposure over time and compare with contingency provisions.
• Actively promote Equality, Diversity and Inclusion in all work.

Responsibilities

• Be accountable for developing an integrated view of risk across the programme.
• Provide guidance in risk management and mitigation to teams across the programme.
• Support the development and delivery of risk policies, processes and standards and drive continuous improvement.
• Ensure policies and processes are applied consistently across the programme lifecycle.
• Support joint evaluation of risks with Project Controls and the supply chain to shape risk-sharing.
• Assist in periodic risk reporting to leaders to enable informed decisions on risk and contingencies.
• Provide risk management advice to development and delivery areas across the organisation.
• Guide teams in understanding and using risk management data.
• Deliver line management, performance management and objective-setting support to direct reports.
• Support the development and implementation of QRA policies, processes and standards.
• Quantitatively analyse risks affecting cost, time and other risk categories.
• Model risks to ensure robustness and auditability of HS2 programme risk models.
• Provide reliable assessments of overall programme risk exposure for financial forecasting.
• Collaborate with Risk Managers, Planners, Cost Managers and Project Controls Managers on risk assessments.
• Develop scenarios for risk exposure over time and assess against contingencies.
• Promote and embed EDI in all work and comply with organisational policies.

Job description

Location: UK, Birmingham
Company: HS2 Ltd

This role is responsible for supporting the management of strategic enterprise risk, developing risk management policies, processes, and standards, and ensuring these are effectively executed across the organization. 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.

Job role

• 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 organization.
• To be accountable for supporting and guiding other teams in relation to the use and understanding of risk management data.
• To 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 Assessment (QRA) policies, processes, and standards.
• To be accountable for the quantitative analysis of 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 a 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 analysing 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 organizational initiatives, policies, and procedures on EDI.