At a Glance
- Tasks: Lead risk management processes and support project teams in identifying and mitigating risks.
- Company: Costain, a leader in smart infrastructure solutions across the UK.
- Benefits: Competitive salary, professional development, and opportunities to work on impactful projects.
- Other info: Join a dynamic team focused on innovation and career growth.
- Why this job: Make a difference by enhancing project performance and contributing to essential infrastructure solutions.
- Qualifications: Project Risk qualification and experience in risk management processes.
The predicted salary is between 36000 - 60000 £ per year.
This role provides 1st line risk management support to one or more Costain contracted client projects. The role holder will play an important role in supporting Contract/Project teams to implement effective risk management in line with Costain's risk management standards and client contractual requirements. They will also support the contract/project team through collation and analysis of risk data and report on and escalate risk management matters through both internal risk governance channels and client contractual mechanisms.
Key Responsibilities
- Facilitates and leads all aspects of the risk management process to the compliance of the risk management plan
- Authors the Contract Risk Management Plan, including annual updates
- Facilitates monthly risk reviews with risk owners to ensure quality of risk data is upheld
- Publishes monthly risk registers
- Generates monthly reports for the key risk roles to undertake responsibilities
- Upholds and reviews risk product quality against associated risk standards
- Prepare risk data and undertakes routine risk analysis
Knowledge, Skills, and Experience
Essential
- Ability to apply and operate core requirements of a standard project risk process, including maintenance of risk registers
- Experience of planning collaborative risk activities using a range of techniques to facilitate project/programme teams to identify, define, evaluate, respond to and report on risks to project objectives
- Awareness and experience of using qualitative and quantitative risk assessment criteria and supporting (with risk owners) the identification of controls and risk responses
Desirable
- Awareness and experience of supporting bid risk management activities, for example identifying risks with members of the project bid team
- Awareness and/or experience of supporting contract/commercial level risk management activities
Qualifications
Essential
- Project Risk qualification, for example APM Risk Cert 1&2 or APM PFQ or equivalent qualifications or experience
Desirable
- Bachelor's degree in risk management, project management or relevant technical subject (engineering, science, maths, accounting or economics) or equivalent qualifications or experience
Costain helps to improve people's lives with integrated, leading edge, smart infrastructure solutions across the UK's energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK's leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.
Costain appreciate the time and effort taken when applying for one of our positions but, due to the high volume of responses, we are unable to provide individual feedback on candidates at application phase. We do share individual feedback following an interview.
A Disability Confident employer will generally offer an interview to any applicant that disclose they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people.
Project Risk Manager employer: Costain
As a leading employer in traffic management, we pride ourselves on fostering a collaborative and innovative work culture that prioritises safety and efficiency. Our commitment to employee growth is evident through continuous training opportunities and support for professional development, ensuring that our team members thrive in their roles. Located in a vibrant area with access to essential resources, we offer a dynamic environment where your contributions directly impact the success of our projects and the safety of the community.
StudySmarter Expert Advice🤫
We think this is how you could land Project Risk Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the lookout for a Project Risk Manager role. 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 brushing up on your risk management knowledge. Familiarise yourself with the latest trends and techniques in project risk management, so you can impress the interviewers with your expertise and confidence.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. At StudySmarter, we encourage you to check out our website for opportunities that match your skills and aspirations.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role and keeping you top of mind for the hiring team. Plus, it’s a great chance to reiterate why you’re the perfect fit for the position.
We think you need these skills to ace Project Risk Manager
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with project risk management. Use keywords from the job description to show that you understand what we're looking for.
Showcase Relevant Experience:When detailing your past roles, focus on specific examples where you've successfully managed risks in projects. We want to see how you've applied your skills in real-world situations.
Be Clear and Concise:Keep your application straightforward and to the point. Avoid jargon unless it's relevant to the role. We appreciate clarity, so make it easy for us to see why you're a great fit!
Apply Through Our Website:Don't forget to submit your application through our official website! This ensures that your application is processed correctly and gives you the best chance of being considered for the role.
How to prepare for a job interview at Costain
✨Know Your Risk Management Standards
Familiarise yourself with Costain's risk management standards and how they apply to the role. Be ready to discuss how you would implement these standards in real-life scenarios, showcasing your understanding of effective risk management.
✨Prepare for Collaborative Discussions
Since the role involves facilitating risk activities, think about examples from your past experiences where you successfully led collaborative discussions. Prepare to share how you engaged with project teams to identify and evaluate risks.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with both qualitative and quantitative risk assessment techniques. Bring examples of how you've used data analysis to inform risk responses and decision-making in previous projects.
✨Ask Insightful Questions
At the end of the interview, ask questions that demonstrate your interest in the role and the company. Inquire about the specific challenges Costain faces in risk management or how they measure the success of their risk strategies.
