Project Risk Manager – Station Projects
Salary range for this grade: £46,000 - £64,000 (offer subject to skills, knowledge and experience)
There are 2 positions available at this level
Location – Central London (Victoria)
The role
An exciting opportunity to join a dynamic, ambitious, and professional team of approximately 10 Project Risk Managers within London Underground’s Stations Programme. We have the aspiration of delivering the best project risk management in the world and consequently seek talented risk managers to support our challenging range of major infrastructure projects and programmes. You will be working collaboratively with senior project managers who value and have a high regard for risk management input.
As the point of professional knowledge and technical expertise on project risk, in this role will provide advice, guidance and professional leadership, ensuring effective adoption of the risk management process. You will be responsible for the successful implementation of the LU Stations Risk Process within the project, and for developing active and effective mitigation of risks in all aspects of delivering the scheme.
London Underground is a recognised major provider of risk management, this coupled with its rich heritage and iconic brand makes this an excellent opportunity to develop your career in risk management.
What you’ll need
You must have proven project risk management experience, preferably in a railway/construction environment. You will need to be dynamic, ambitious and thrive on change to work in the constantly evolving stations environment.
Key accountabilities
Leadership and Engagement
· Lead the project team in implementing a thorough, effective approach to risk management. This involves engaging at all levels within the project, so that it develops a track record for active management of risk; a process of active mitigation. This will involve providing professional advice and guidance to the project team, as well as being a hands-on practitioner embedding and operating the risk process.
· Be a strong, enthusiastic member of the project management team, supporting them through sufficiently detailed knowledge of the programme and its risks.
· Ensure all involved with the project develop a strong understanding of the scheme’s risks, as well as a motivation to manage them closely.
Technical Requirements
· Drive the identification, assessment, and, crucially, the mitigation of risks facing the project and its component parts. To undertake this in a systematic and diligent manner, thereby reducing the project’s risk exposure.
· Support the adoption of best-in-class tools to analyse risk and support programme delivery; e.g. ensuring comprehensive and effective use of Schedule Risk Analysis.
· Manage the deployment of tools and techniques to ensure strong operational resilience as part of the project’s delivery and day-to-day implementation
Integration
· Pay particular attention to building links between risk management and scheme design construction activities. E.g. ensure effective interfaces between NEC3 Contract Management systems, strong awareness of site-level construction (e.g. though being an engaged member of the construction team, regular construction site visits etc), Design Risk Management systems, etc.
· Ensure close integration between change control and other programme control activities- essentially help avoid risk management acting as a standalone element within overall delivery.
· Manage close, effective interface with safety risk management systems and approaches at all levels.
Skills, Knowledge and Experience
General
- Effective professional who is comfortable interacting with the staff, stakeholders, and senior managers.
- Ability to analyse risk related information with confidence and challenge assumptions where necessary.
· Good graduate qualification base (not necessarily specifically in risk/ project management).
· Solid experience of project and programme risk management. This will typically involve heavy engineering and major construction schemes.
· Experience of working to tight deadlines and prioritising competing demands that best realise project objectives.
Risk Identification/Mitigation
· Experience of facilitating Risk workshops and using other risk identification techniques to generate comprehensive project risk registers and practical Action Plans to mitigate risks.
· Proven ability to implement risk management within substantial infrastructure projects.
· Proven ability to optimise risk management process.
Risk Analysis/Modelling
· Strong knowledge and experience of applying statistical techniques to risk modelling (e.g. Monte Carlo simulations).
· Experience and knowledge of undertaking Schedule Risk Assessment.
· Understanding of practical usage of project cost risk and schedule modelling techniques including @ Risk and Pertmaster.
Additional Information
Benefits include:
29 days holiday plus public and bank holidays Final salary pension scheme Free Tube travel and travel concessions including discounted Eurostar travel Private medical benefit 75% reimbursement on annual rail ticket
To apply, please visit tfl.gov.uk/jobs searching by reference 003999, or click on the apply button below.
We aspire to be as diverse as the city we serve, we welcome applications from all sections of the community.
