Project Risk Manager
At a glance
Manager-level Risk & Financial Compliance role at Costain Group. Middlesbrough · no salary stated · we estimate £44,050–£87,463 across the United Kingdom.
Costain Group has not published a salary for this role. The figure below is our estimate, not theirs.
financeroles summary, based on the employer's posting.
What you'll do
- Put governance and contract-specific risk requirements into practice, then check that project teams follow them
- Assess project threats and opportunities, agree their contractual allocation and turn responses into action plans
- Maintain a reliable risk register for management and reporting, and create project dashboards and reports
- Lead risk workshops, track mitigation steps and route serious concerns or missed opportunities through agreed channels
- Press risk owners on their plans and help strengthen risk awareness across the project
What you bring
- You have worked with NEC project and programme delivery and understand relevant risk methods
- You can operate systems and tools for tracking risks and opportunities
- You bring strong analysis and numeracy, clear presentation and communication, and close attention to detail
Who this fits
This manager role suits someone who can work with stakeholders across scheme and framework teams, take initiative and contribute in a team. The position is hybrid in Middlesbrough, United Kingdom.
From the employer
Costain have won extensive work across the water sector to support the AMP 8 investment cycle. We have been appointed by Northumbrian Water to the Living Water Enterprise to help shape and deliver its strategic infrastructure upgrade programme with contracts valued up to c.£670m to Costain over 15 years.
Reporting into the Head of Planning / PMO, the Risk Manager will be fully integrated and embedded into the framework with a remit to ensure that the project teams meet their risk and opportunity management challenges through improved risk practice and awareness. You’ll be responsible for management of the implementation and ongoing assurance of governance and any contract specific requirements.
As a commercially astute Risk Manager you’ll work in collaboration with stakeholders at scheme and framework level and you’ll identify, analyse and develop responses to project risks & opportunities, taking ownership and responsibility. You’ll play an important role in developing a positive risk and opportunity culture within the framework.
By embedding and championing best-practice risk and opportunity management tools and techniques across the allocated programmes you’ll enable a timely, efficient, safe and customer-focused delivery.
- Ensure risk mitigation measures are progressed in response to EWN’s
- Draft and update the contract Risk Management Plan’s
- Manage risk and continuously develop the risk and opportunity register into a management tool containing accurate and relevant information for reporting purposes
- Risk identification, qualitative and quantitative analysis, contractual allocation and preparing action plans;
- Manage the Risk and Opportunity Register
- Carry out risk and opportunity workshops as and when required;
- Risk and opportunity reporting, ensuring information is consistently accurate and relevant;
- Develop, implement and oversee effective and credible risk response and risk mitigation plans
- Ensure that the senior management team, are sufficiently sighted on and familiar with the project risk and opportunity position
- Act as a conduit for the escalation of risk or failure to obtain opportunities in line with established processes
- Be prepared to challenge risk and opportunity owners and other individuals on their response to risk and securing opportunities
- Contribute to the continual improvement in risk processes and the continual development of a risk mature culture across the project
- Produce risk and opportunity reports and dashboards in line with project requirements
- Skilled and experienced in NEC project and programme management and risk management methodologies
- Skilled and experienced in the use of risk and opportunity management systems and tools
- Strong verbal, written and presentational skills with a high level of analytical and numerate skills
- Self-motivated with good interpersonal skills working in a team environment
- Good attention to detail
- Excellent communication and presentational skills
- Able to use initiative
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