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- Tasks: Support project teams in effective risk management and data analysis.
- Company: Costain, a leader in innovative project solutions.
- Benefits: Competitive salary, professional development, and collaborative work environment.
- Why this job: Make a real impact by managing risks on exciting projects.
- Qualifications: Experience in risk management and strong analytical skills required.
- Other info: Join a dynamic team with opportunities for career growth.
The predicted salary is between 36000 - 60000 £ per year.
Overview
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.
Responsibilities
- Ensure the necessary Early Warning Notifications are raised in accordance with the main contract
- 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 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 Register
- Carry out risk workshops as and when required;
- Raise and respond to main contract early warning notifications, organising risk reduction meetings and progressing risk mitigation measures;
- Risk reporting, ensuring information is consistently accurate and relevant;
- Develop, implement and oversee effective and credible risk response and risk mitigation plans
- Develop and implement a systematic approach to risk review, ensuring that risks are robustly and routinely considered
- Ensure that the senior management team, are sufficiently sighted on and familiar with the project risk position
- Act as a conduit for the escalation of risk in line with established processes
Knowledge, Skills, and Experience
- Skilled and experienced in NEC project and programme management and risk management methodologies
- Skilled and experienced in the use of risk 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
Qualifications
Essential
- Project Risk qualification, for example APM Risk Cert 1&2
- 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.
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Risk Manager employer: Costain
Contact Detail:
Costain Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Manager
✨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 a Risk Manager role that’s not even advertised yet.
✨Tip Number 2
Prepare for interviews by practising common questions related to risk management. Think about your past experiences and how they relate to the responsibilities listed in the job description. We want you to shine!
✨Tip Number 3
Showcase your skills with a portfolio! If you’ve worked on risk registers or management plans before, compile them into a neat presentation. This will give potential employers a clear view of what you can bring to the table.
✨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 Risk Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in risk management, especially with NEC projects. We want to see how your skills align with the role, so don’t hold back on showcasing relevant achievements!
Showcase Your Skills: Emphasise your strong verbal and written communication skills. Since this role involves a lot of reporting and presenting, we’d love to see examples of how you’ve effectively communicated complex information in the past.
Be Detail-Oriented: Attention to detail is key in risk management. When filling out your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure their application is polished and professional.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Costain
✨Know Your Risk Management Inside Out
Make sure you brush up on your knowledge of risk management methodologies, especially those relevant to NEC projects. Be prepared to discuss how you've applied these in past roles and how they align with the responsibilities outlined in the job description.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to demonstrate your problem-solving skills in real-world scenarios. Think of examples where you've identified risks, implemented mitigation strategies, or managed a risk register effectively. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Showcase Your Communication Skills
As a Risk Manager, you'll need to communicate complex information clearly. Practice explaining your past experiences in a way that's easy to understand. Be ready to discuss how you've engaged with teams and stakeholders to ensure everyone is on the same page regarding risk management.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions ready about the company's risk management processes or the specific projects you'll be working on. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.
