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- Tasks: Lead risk management for a groundbreaking energy project in Teesside.
- Company: Join Costain, a leader in smart infrastructure solutions.
- Benefits: Competitive salary, career growth, and a chance to impact the UK's net zero transition.
- Why this job: Be at the forefront of decarbonisation and economic growth in the UK.
- Qualifications: Experience in risk management and quantitative analysis is essential.
- Other info: Work with innovative teams and contribute to sustainable projects.
The predicted salary is between 43200 - 72000 £ per year.
We are looking for a proactive Senior Risk Manager to join a landmark Energy project in Teesside. This role will be based 3 days a week minimum on site in Teesside. Working for and on behalf of bp, we will be at the leading edge of the UK's net zero transition. Through NEP, bp is leading development of the East Coast Cluster, which aims to decarbonise the Teesside and Humber regions and establish a platform for economic growth. The NEP is anticipated to store up to 23 MTPA of CO2 on average at projects peak in 2035. The ECC will facilitate low‑carbon power generation and help kick start a UK hydrogen economy which, domestically, aims to unlock £18bn in GVA by 2035.
The Senior Risk Manager provides 1st Line risk management support and assurance to our Teesside team. You play an important role in supporting Contract/Project teams to implement effective risk management in line with Costain Risk standards and client contractual requirements. This includes undertaking and managing the process of Quantitative Risk Analysis and modelling through contract delivery. You will play an integral role in supporting the contract/programme team to interface with Sector / Divisional and wider group functional teams and support successful client interactions on project/programme risk management matters.
Responsibilities
- You will be integrated in the Client's Teams, and will be responsible for driving the implementation of robust risk and opportunity management, maintaining robust risk management plans, risk registers and leading from the front in the identification and management of delivery focused risks & opportunities.
- You will work with wider stakeholders to undertake quantitative risk management techniques, including schedule and cost risk analysis, ensuring the project/programme risk exposure is clearly understood whilst managing effective and targeted risk management activities.
- Communicate and promote the risk management approach to facilitate pre‑contract work scope and contract delivery.
- Undertake complex risk analysis including Quantitative Schedule Risk Analysis, Cost Risk Modelling, and financial modelling.
- Undertake and support risk assurance activities including supplier risk data assurance, risk management process maturity assessments and implementing audit actions with the delivery team.
Qualifications Knowledge, Skills and Experience
- Experienced in applying technical subject matter expertise in a practical way to support informed risk management activities across contracts, programmes, and projects through delivery phases.
- Practical experience of quantitative risk analysis modelling tools and undertaking quantitative Schedule/Cost Risk analysis.
- Critical modelling experience.
- Experience of working within robust risk management governance & assurance within large projects and programmes.
- Experience driving day to day application of focused risk management activities within multi‑discipline teams.
- Knowledge and awareness of project planning & controls, quality management and commercial contracting risks.
- Knowledge and application of wider enterprise risk management requirements at contract/project and programme levels.
Essential
- Safran licenced software or equivalent.
- Interface with commercial lead and client.
- Risk qualification, for example APM Risk Cert 1&2, APM PMQ or equivalent qualifications or experience.
Desirable
- Master's degree in risk management, project management or relevant technical subject (engineering, science, maths, accounting, or economics).
- Enterprise Risk qualification, e.g. IRM Cert IIPER CQRM, APM Project Planning & Control, Axelos Managing Successful Programmes (MSP) Practitioner or equivalent qualifications or experience.
About Us: 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. A Disability Confident employer will generally offer an interview to any applicant that discloses they have a disability and meets the minimum criteria for the job as defined by the employer.
Senior Risk Manager employer: Costain
Contact Detail:
Costain Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to bp or similar projects. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by diving deep into risk management topics relevant to the role. Brush up on quantitative risk analysis and be ready to discuss your experience with modelling tools.
✨Tip Number 3
Showcase your soft skills! Being a Senior Risk Manager isn’t just about numbers; it’s about communication and teamwork. Be ready to share examples of how you've led teams and managed client interactions.
✨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 Senior 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 in energy projects. We want to see how your skills align with the Senior Risk Manager role and the specific needs of the Teesside project.
Showcase Your Technical Skills: Don’t forget to mention your experience with quantitative risk analysis and any relevant software like Safran. We’re looking for someone who can hit the ground running, so let us know how you’ve used these tools in past roles.
Highlight Team Collaboration: This role involves working closely with various teams, so share examples of how you’ve successfully collaborated in multi-disciplinary environments. We love seeing candidates who can communicate effectively and drive results together with others.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details 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 principles, especially those related to quantitative risk analysis and modelling. Be prepared to discuss specific tools you've used, like Safran or similar software, and how they’ve helped you in past projects.
✨Showcase Your Experience with Stakeholders
Since this role involves interfacing with various teams, be ready to share examples of how you've successfully communicated and collaborated with different stakeholders. Highlight any experiences where you’ve driven risk management activities within multi-discipline teams.
✨Prepare for Technical Questions
Expect technical questions that assess your understanding of risk governance and assurance. Brush up on your knowledge of project planning, cost risk modelling, and financial modelling techniques, as these will likely come up during the interview.
✨Demonstrate Your Proactivity
This role requires a proactive approach to risk management. Think of instances where you identified potential risks before they became issues and how you implemented solutions. Showing that you can take the initiative will set you apart from other candidates.
