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- Tasks: Manage project risks and opportunities to ensure successful delivery of strategic infrastructure upgrades.
- Company: Costain, a leader in the water sector with exciting projects worth up to £670m.
- Benefits: Competitive salary, professional development, and a chance to shape impactful projects.
- Why this job: Be at the forefront of risk management in a dynamic environment that values innovation.
- Qualifications: Experience in NEC project management and strong analytical skills required.
- Other info: Join a collaborative team focused on continuous improvement and career growth.
The predicted salary is between 36000 - 60000 £ per year.
Costain have won extensive work across the water sector this year 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 will be responsible for management of the implementation and ongoing assurance of governance and any contract specific requirements. As a commercially astute Risk Manager, you will work in collaboration with stakeholders at scheme and framework level and you will identify, analyse and develop responses to project risks & opportunities, taking ownership and responsibility. You will 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 will enable a timely, efficient, safe and customer-focused delivery.
Responsibilities- Ensure risk mitigation measures are progressed in response to EWN's Draft and update the contract Risk Management Plan.
- 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.
Project Risk Manager in Newcastle upon Tyne employer: Costain Group PLC
Contact Detail:
Costain Group PLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Risk Manager in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their risk management practices and be ready to discuss how your skills align with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Practice your responses to common interview questions, especially those related to risk management scenarios. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Project Risk Manager in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Project Risk Manager role. Highlight your expertise in risk management methodologies and any relevant projects you've worked on, especially in the water sector.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how you can contribute to our positive risk culture at Costain. Be specific about your achievements and how they relate to the job.
Showcase Your Analytical Skills: Since the role requires strong analytical abilities, make sure to include examples of how you've successfully identified and managed risks in past projects. This will demonstrate your capability to handle the responsibilities outlined in the job description.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Costain Group PLC
✨Know Your Risk Management Inside Out
Make sure you brush up on your knowledge of risk management methodologies, especially NEC project and programme management. Be ready to discuss specific tools and techniques you've used in the past, as well as how you've successfully identified and mitigated risks in previous projects.
✨Showcase Your Communication Skills
As a Project Risk Manager, you'll need to communicate effectively with various stakeholders. Prepare examples of how you've presented risk reports or facilitated workshops. Highlight your ability to challenge risk owners constructively and ensure everyone is on the same page.
✨Demonstrate Your Analytical Prowess
Be prepared to discuss your experience with qualitative and quantitative risk analysis. Bring examples of how you've developed action plans based on your analyses and how those plans have positively impacted project outcomes.
✨Emphasise Your Teamwork and Initiative
This role requires collaboration and self-motivation. Share stories that illustrate your ability to work within a team while also taking the initiative. Discuss how you've contributed to fostering a positive risk culture in your previous roles.