Risk & Value Manager in Manchester

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Employer Network Rail Location Manchester Square One, Manchester, England Salary £55,596 - £65,966 Closing date 22 Sep 2026

View more categories View less categories Sector Audit ,Project and Program Management Role Manager Contract Type Permanent Hours Full Time

Who We Are Transpennine Route Upgrade The Transpennine Route Upgrade (TRU) is a £10.7 billion Programme of activities that is improving the railway between York and Manchester via Leeds and Huddersfield. Stretching across the North of England, this key 76-mile Transpennine railway serves 23 stations, crosses over and dips under 285 bridges and viaducts, passes through six miles of tunnels, and crosses over 11 level crossings. Proposed improvements as will deliver a hard-working, reliable railway for passengers, allowing for trains with more seats, more services and faster journey times.

For more information visit www.theTRUpgrade.co.uk

Role: Risk & Value Manager

Salary: £55,596 to £65,966 per annum

Location: Manchester, Leeds, or York

Contract Type: Full time - Permanent

Office Requirement: Hybrid / 3 days per week (across route as needed)

About the role
To provide specialist Risk and Value Management (R&VM) assurance and support service to project and programme teams. To drive and embed R&VM Culture across the project and programme community and increase R&VM maturity.

Some of the key accountabilities of this role are:

• Provide leadership and guidance in the concept of R&VM, maintaining their appropriate and effective application to all stages of the project lifecycle.




• Deliver Level 1 Assurance activities as specified by the Principal R&V Manager.




• Manage &/or deliver specialist R&VM support services as dictated by the R&VM maturity of the project community.




• Actively promote R&VM culture and improve R&VM competency across the project and programme management community.




• Monitor the output of others who undertake such R&VM activities to monitor competence, consistency and compliance with Network Rail procedures and provide assurance.




• Manage the buying in of external R&VM support where necessary and that these are delivered to required quality standards.




• Maintain a robust view of required levels of R&VM services and assure that suitably qualified & experienced resource is available to meet these requirements.




• Drive the implementation of ER&VM framework across their area.




• Provide quantitative future focussed outputs to provide insights to decision makers (QCRA / QSRA)

We need you to have:

• Competent in all aspects of project and business risk management facilitation




• Able to build complicated cost, schedule and business risk models in a number of applications




• Be classed as a \"Specialist\" in the Leadership Competencies or be capable of attaining this level within a defined period.

It would be advantageous if you have:

• Membership of the Institute of Risk Management or Association for Project Management Risk Practitioner




• Experience in Network Rail's project management processes and procedures.

F or information about the process please contact TRUResourcing@networkrail.co.uk .

What's in it for you

Here are a few of the benefits we offer

• 28-day annual leave with the option to buy and sell days




• Choice of pension schemes




• 75% discretionary discount of leisure travel for you and your family




• Private Healthcare




• 5 days paid volunteer or carers leave




• Up to 75% subsidised Rail and Underground travel




• Gym Pass -access to gyms across UK




• My Benefits platform- giving national and local retail discount

Our aim is to ensure your candidate experience is as positive as possible. If you require reasonable adjustments at any point, simply let us know and we'll do our best to assist you.

We're committed to creating a diverse, inclusive workplace that reflects the communities we serve. To discover more about our ED&I commitments . We value flexibility and understand the importance of a healthy work-life balance. As a Disability Confident Leader, we'll do everything we can to accommodate any needs throughout the recruitment process.

Network Rail adheres to a structured pay framework, any salary offered will be within the pay range advertised. If your current salary is above the maximum shown you will transfer into the new role on your current base pay. For more information refer to your pay.

Safe behaviour is a requirement of working for Network Rail. Applicants should be able to demonstrate their awareness of our safety vision .

Should you require any reasonable adjustments/modifications, please contact TRUResourcing@networkrail.co.uk .

Your experience and skills We're looking for a proactive and influential Risk & Value professional who can help drive risk maturity across a major infrastructure programme. The ideal candidate will bring strong experience in both qualitative and quantitative risk management, with the ability to facilitate effective risk discussions, challenge assumptions, and provide clear insight to decision-makers. They will be highly competent in developing and interpreting Quantified Cost Risk Analysis (QCRA) and Quantified Schedule Risk Analysis (QSRA), translating complex outputs into meaningful recommendations. Equally important is their ability to build strong relationships, influence stakeholders at all levels, and champion a positive risk and value management culture across the programme.

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