Senior Risk Manager

Ridge & Partners LLP; Birkenhead; Hybrid; GBP 70,000 - 110,000; Full time

Job summary

Ridge & Partners LLP in the United Kingdom is seeking a Risk and Opportunity Manager to strengthen the risk and opportunity management capability within our Integrated Project Controls team. The role focuses on identifying and mitigating risks, realising opportunities, and delivering QRA services (schedule and cost) for multiple clients and to support portfolio objectives.

This national, hybrid position offers base flexibility with office, client site and home working aligned to project needs.

Qualifications

• Minimum of 5 years relevant experience working in a ‘risk' function.
• Bachelor's OR Master's Degree in risk management / project management (or equivalent) preferable.
• Prior experience of working within an integrated PMO (Portfolio, Programme or Project) preferable.

Responsibilities

• Develop risk and opportunity registers – including title, cause, consequence, ownership, actions.
• Ensure risks, issues, controls and benefits (opportunities) are monitored and reported through suitable processes.
• Undertake quantitative and qualitative risk and opportunity analysis in support of ongoing management of contracts and programmes.
• Develop and implement methodologies to enable scenario modelling for the portfolio and integrate into cost and schedule forecasting.
• Support development and mentoring of risk practitioners and line management.
• Establish governance processes for risk and opportunity management across the portfolio.

Skills

Risk management

Project controls

Stakeholder management

Leadership

Business development

Education

Bachelor's or Master's in risk management / project management

Tools

ARM

Acumen Risk

Safran

Excel

Job description

Job Description

As a practitioner within the Integrated Project Controls group, operating as part of the infrastructure team, the Risk and Opportunity Manager will be responsible for supporting the development of the risk and opportunity management capability within the business whilst delivering risk and opportunity management services to internal and external clients. This will focus on the identification and mitigation of risks and the identification and realisation of opportunities to maximise the likelihood of meeting project goals, delivering programme requirements, and achieving Portfolio / contract objectives. It will also involve the delivery of QRA services – both schedule and cost (either jointly or independently). As a practitioner within the Integrated Project Controls group, operating as part of the infrastructure team, the Risk and Opportunity Manager will be responsible for supporting the development of the risk and opportunity management capability within the business whilst delivering risk and opportunity management services to internal and external clients. This will focus on the identification and mitigation of risks and the identification and realisation of opportunities to maximise the likelihood of meeting project goals, delivering programme requirements, and achieving Portfolio / contract objectives. It will also involve the delivery of QRA services – both schedule and cost (either jointly or independently). This is a national role therefore your base office will be agreed to align with the role requirements and your home location. You will work on a hybrid basis of: Ridge office, client site office and home office.

What you need to do to be effective in this role

• Develop risk and opportunity registers – including title, cause, consequence, ownership, actions.
• Ensure that risks, issues, controls and benefits (opportunities) are monitored and reported through suitable processes.
• Undertake quantitative and qualitative risk and opportunity analysis (as applicable) in support of ongoing management of the contract and the delivery of programmes and projects.
• Develop and implement methodologies to enable scenario modelling for the portfolio and integrate these into cost and schedule forecasting.
• Support the development and mentoring of risk practitioner(s) - including the provision of line management for Risk Practitioner(s) that may operate within projects that you support from time to time.
• Establish the required governance process(es) (including definition of the audit schedule and its implementation) for risk and opportunity management for all work within the portfolio and ensure reliance can be placed on the outcomes of the assurance processes.
• Support the production, maintenance and monitoring of integrated scope, cost and schedule baselines & underpinning data, regarding determination and allocation of discrete risk and estimating uncertainty.
• Ensure adherence to the client's risk process and challenge ‘constructively' to seek advanced agreement on where revised / adapted processes and procedures will be implemented.
• Guide direct reports in the provision of functional support to internal and external clients (e.g., Client's Project Managers) regarding risk and opportunities in the development of budget and schedule forecasting.
• Lead, motivate and develop direct reports to deliver a professional, customer focused high performing Risk and Opportunity Management service.
• Undertake and support business development and sales activity to secure new work and extend / grow existing contracts / client relationships.

Accountabilities

• Develop and implement key risk and opportunity management processes and procedures to enable efficient and effective management and control.
• Provide oversight, leadership and direction for direct reports;
• Provide clear and concise guidance to the Senior Project Controls Manager (SPCM) on actions required to optimise achievement of business outcomes and, when allocated to a project, contract objectives given the current risk & opportunity level(s).
• Maintain risk and opportunity data to demonstrate the continued viability of the Portfolio;
• Ensure the accuracy of risk and opportunity data communicated and reported to all stakeholders and highlight any current and potential issues.

Behavioural competencies

• Uses analytical judgement to evaluate uncertainty, identify root causes and support robust decision-making.
• Influences stakeholders at all levels, becoming a trusted / respected part of the client team.

• Builds collaborative relationships based on transparency, accountability and commitment.
• Applies independent thinking and constructive challenge to improve decisions and strengthen governance.
• Leads and facilitates effective risk activities that drive ownership, action and results.
• Demonstrates awareness by balancing risk, opportunity, cost and value considerations.
• Maintains resilience and adaptability in complex and changing environments.
• Champions continuous improvement and embeds a culture of proactivity.

The skills and experience you need to have for this role

Qualifications and training

• Minimum of 5 years relevant experience working in a ‘risk' function.
• Qualified to Bachelor's OR Master's Degree level in risk management / project management (or equivalent degree subject) preferable – but not essential
• Prior experience of working within an integrated PMO (Portfolio, Programme or Project) preferable – but not essential.

Technical skills and experience

• Experience of developing, setting, and updating actions to ensure that performance can be tracked in terms of progress toward achieving required / desired outcomes.
• Commitment to understanding and meeting stakeholder expectations and improving programme and project performance
• IT literate:

- Experienced in the use of the Microsoft Office applications including Excel

- Expert user of Risk Management applications (e.g., ARM)

- Expert user of QSRA applications (e.g., Acumen Risk or Safran)

Personal Attributes

• Desire to challenge and strive for improvement in all parts of the organisation.
• Ability to interact and engage with cross-functional, multi-disciplinary groups to challenge and develop existing processes and working practices.

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