Senior Risk Manager

Transport for London; Greater London; Hybrid; GBP 70,000 - 90,000; Full time

Benefits offered by this job

Final salary pension scheme

Free travel on TfL network

30 days annual leave + holidays

Hybrid working

Job summary

Transport for London (TfL) is seeking a Senior Risk Manager within the Enterprise Risk Management function. You will lead a team of risk professionals and drive TfL's enterprise and strategic risk activities, overseeing key risks and providing high-quality reporting to the Executive Committee and Board.

You will advise senior leaders, ensure strong alignment with Internal Audit and other assurance functions, and lead continuous improvements in TfL's risk management across the Group.

Qualifications

• Experience leading high-performing risk teams in large organisations.
• Proven ability to deliver strategic risk management and reporting.
• Relevant degree and professional qualifications (IRM/MBA/CIMA or equivalent).

Responsibilities

• Lead the development and continuous improvement of TfL's Enterprise Risk Management Framework.
• Lead and coach a high-performing risk team.
• Provide strategic risk leadership and advice across TfL's operating businesses.
• Develop and embed TfL's risk appetite and tolerance.
• Prepare and present risk reports to the Executive Committee and Board.
• Align Enterprise Risk Management with Internal Audit and other assurance functions.

Skills

Risk leadership

Stakeholder management

Written communication

Verbal communication

Independent challenge

ERM knowledge

Education

Degree-level qualification

Professional qualification (IRM/MBA/CIMA)

Job description

Select how often (in days) to receive an alert:

Company: TfL, GLA or OPDC

Grade: Band4

Contract type:Permanent

Reference: SF5632

Application closing date:18th of October @23:59

External-All offers of employment are subject to satisfactory right‑to‑work checks. Candidates must be able to demonstrate their right to work in the UK. At the present time TfL is unable to offer visa sponsorship for this role.

About the role

The Enterprise Risk Management (ERM) function supports TfL in understanding and managing its most significant risks, enabling informed decision making, prioritisation of resources and delivery of TfL's strategicobjectives.

As Senior Risk Manager, you will lead a team of Risk Managers and be accountable for driving TfL's enterprise and strategic risk management activities. You will oversee the management of key strategic risks,operational and asset risk management,provide high-quality risk reporting and insight to senior governance forums, and support risk-informed decision making across the organisation.

You will act as a trusted adviser to senior leaders, providing expert risk advice and constructive challenge. The role requires strong leadership, stakeholdermanagementand communication skills, with responsibility for presenting complex risk information clearly and succinctly to the Executive Committee, TfL Board, Audit and Assurance Committee and other senior forums.

You will also ensure strong alignment between Enterprise Risk Management, Internal Audit and other second-line functions, supporting continuous improvement in risk management practices across the TfL Group.

About you

We are looking for an experienced and credible risk professional with a strongtrack recordof leading high-performing teams and delivering strategic risk management in a large and complex organisation.

You will bring:

• Deep knowledge of enterprise and strategic risk management principles,frameworksand best practice.


• Strong leadership capability with experience developing teams and driving continuous improvement.


• Excellent judgement, influencing and stakeholder management skills, including engagement with Executive, Board and Committee-level audiences.


• Outstanding written and verbal communication skills, with the ability to translate complex risk information into clear, actionable insights.


• The confidence and credibility to provide independent challenge and support strategic decision making.


• A degree-level qualification and a relevant professional qualification such as IRM, MBA, CCAB/CIMA or equivalent.

Key accountabilities

• Lead the development, implementation and continuous improvement of TfL's Enterprise Risk Management Framework, policies,processesand culture.


• Lead,coachand develop a high-performing team of risk professionals.


• Provide strategic risk leadership,adviceand support across TfL's operating businesses.


• Develop andmaintainTfL's approach to risk appetite and tolerance, supporting effective communication and embedding across the organisation.


• Prepare and present high-quality risk reports, deep dives and governance papers for the Executive Committee, TfL Board, Audit and Assurance Committee and other senior forums.


• Lead strategic risk reviews, projects and reporting activities that support key organisational priorities and decision making.


• Provide independent challenge and expert advice to senior leaders to improve risk management and mitigation activities.


• Maintain strong alignment between Enterprise Risk Management, InternalAuditand other assurance functions to support effective governance and continuous improvement.

Develop risk capability across TfL through training, workshops,facilitationand other engagement activities that embed risk management into decision making.

In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the level of role but mostly include the below:

• Final salary pension scheme


• Free travel for you on the TfL network


• Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28-day flexi ticket


• 30 days annual leave plus public and bank holidays


• TfL is committed to work-life balance, operating a hybrid working approach where business and role requirements allow


• Tax-efficient cycle-to-work programme


• Retail, health, leisure and travel offers


• Discounted Eurostar travel

Knowledge

• In-depth knowledge of enterprise and strategic risk management principles,frameworksand practices(Essential).


• Knowledge of recognised risk management standards and frameworks (e.g. ISO 31000, IRM guidance)(Essential).


• Commercial awareness and understanding of thefinancial impactof strategic risks(Essential).

Skills

• Excellent leadership and people management skills.


• Strong strategic thinking, analytical and problem-solving capability.


• Ability to influence, challenge and build credibility with senior stakeholders.


• Exceptional written communication skills, including preparation of Board and Executive-level reports and papers.


• Excellent presentation and facilitation skills, including delivery to senior governance forums.


• Ability to communicate complex risk matters clearly to both technical and non-technical audiences.


• Ability to design and implement innovative approaches to risk management,trainingand engagement.

Experience

• Significant experiencein enterprise and strategic risk management(Essential).


• Experience leading and developing professional teams(Essential).


• Experience preparing and presenting risk reporting to Executive, Audit Committee,Boardor equivalent governance forums(Essential).


• Experience building effective relationships and influencing senior stakeholders in a complex organisation(Essential).


• Experienceoperatingin a large,complexand commercially focused environment(Essential).


• Experience driving organisational change and improving risk maturity(Desirable).

VettingProcess

At Transport for London, safety,trustand fairness sit at the heart of how we recruit. Our Vetting Charter (https://tfl.gov.uk/corporate/careers/our-vetting-process) explains the checks we carry out before you join us, helping ensure we create a safe,inclusiveand reliable network for everyone who depends on our services. We simply ask that the information you provide is honest andaccurateso we can progress your application smoothly. If somethingdoesn’tmatch orcan’tbe verified, we may not be able to move forward with yourapplication,butwe’llalways treat you with transparency,respect,and clear communication throughout.

Equality,diversityand inclusion

We are committed to equality, diversity and inclusion and aim to reflect the diverse communities we serve. We believe that a diverse workforce enables us to deliver better services and outcomes. Our goal is to make our recruitment as inclusive as possible. As a Disability Confident Leader, we actively encourage applications from disabled people. As part of the Disability Confident scheme, we aim to offer an assessment or interview to candidates who apply via the scheme where the minimum essential criteria for skills, knowledge and experience has been met. In some circumstances, it may not be practical to offer an interview or assessment to every candidate who applies through the scheme and meet the minimum essential criteria; in these situations, we select candidates who best meet the minimum criteria for the job rather than interviewing all who meet them.