At a Glance
- Tasks: Ensure London’s transport investments deliver value for money and withstand scrutiny.
- Company: Join Transport for London, a leader in infrastructure investment.
- Benefits: Enjoy free travel, 30 days leave, and a final salary pension scheme.
- Other info: Hybrid working model with a commitment to equality and inclusion.
- Why this job: Make a real impact on London's transport network and drive positive change.
- Qualifications: Degree-level education or equivalent experience in a quantitative field required.
The predicted salary is between 55000 - 65000 € per year.
Transport for London is responsible for some of the most complex and high‑profile infrastructure investments in the UK. TfL’s Project Assurance team operates as a “Critical Friend” providing second line assurance across TfL’s Capital Investment Programme. As a Project Business Case Assurance Manager you will play a critical role in safeguarding London’s investment decisions. This is a pivotal role ensuring that TfL’s project‑based investments deliver genuine value for money, withstand scrutiny, and support the long‑term success of London’s transport network.
Working at the interface of finance, strategy and delivery, you’ll act as an independent, expert voice – challenging assumptions, strengthening business cases, and giving confidence that spending of public funds provides value for money.
What you’ll be doing
- Applying your investment appraisal expertise to ensure project teams are constructively challenged during assurance reviews.
- You will guide and undertake investigative analysis, to inform decision‑makers in line with HM Treasury guidance and good industry practice.
- Determining appropriate lines of inquiry aligned to key investment decisions, ensuring that costs, risks, benefits and value‑for‑money performance is appropriately understood.
- Critically assessing the preferred scope and delivery approaches of our largest and most complex or risky initiatives and providing independent recommendations and advice.
- Identifying strategic trends and risks across TfL’s investment portfolios and advising the Mayor’s Independent Investment Programme Advisory Group and relevant TfL Committees and governance forums on your findings.
- Working collaboratively with other assurance colleagues and subject matter experts across the business to understand the impacts of emergent issues on all dimensions of the business case.
- Working closely with first line assurance business case specialists in TfL to define and promote best practice principles.
- Maintaining a detailed understanding of legislative, policy and appraisal best practice developments.
- Driving cultural changes to continually improve the evidence base that informs TfL’s investment decisions.
What we’re looking for
Knowledge
- Fluency in the HM Treasury five‑case business case framework.
- Comprehensive knowledge of business planning, programme and project delivery, benefits management, risk and commercial management.
- Strong understanding of assurance approaches, including risk‑based assurance.
- Authoritative expertise in demand forecasting, cost‑benefit analysis and benefits realisation management.
- Degree‑level education or equivalent professional experience in a quantitative or analytical discipline.
- A professional qualification in Programme or Project Management, Management of Benefits, Social Return on Investment or equivalent professional experience.
- Desirable: Strategic understanding of the role and key features of a multi‑modal transport network within a major metropolitan context.
Skills
- Ability to proportionately analyse complex business cases, identifying gaps in logic, weak evidence and calculation errors.
- Strong critical‑thinking and judgement skills across a broad range of investment contexts.
- Excellent verbal communication and influencing skills.
- High‑quality written skills, producing clear, authoritative, impactful assessments.
- Proven ability to operate as a trusted advisor to senior stakeholders.
Experience
- Experience across major HM Treasury five‑case investment appraisals within dynamic stakeholder environments.
- A proven record in the production of complex investment documentation.
- Experience using relevant analytical tools and using the outputs to inform critical thinking and decision making.
- Desirable: Planning responsibility for a large‑scale urban regeneration project.
Equality, diversity and inclusion
We are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible.
Benefits
- Final salary pension scheme
- Free travel for you on the TfL network
- Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home
- 30 days annual leave plus public and bank holidays
- Tax‑efficient cycle‑to‑work programme
- Retail, health, leisure and travel offers
- Discounted Eurostar travel
Vetting Process
At Transport for London, safety, trust and fairness sit at the heart of how we recruit. Our Vetting Charter explains the checks we carry out before you join us.
Project Business Case Assurance Manager employer: Future of London
Transport for London is an exceptional employer, offering a dynamic work environment where you can contribute to the future of London's transport network. With a strong commitment to equality, diversity, and inclusion, TfL fosters a culture of collaboration and innovation, providing employees with opportunities for professional growth and development. Enjoy generous benefits such as a final salary pension scheme, free travel on the TfL network, and a hybrid working approach that promotes work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Project Business Case Assurance Manager
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join relevant groups on LinkedIn, and don’t be shy to reach out to professionals at TfL. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common questions related to project assurance and investment appraisal. We recommend doing mock interviews with friends or using online platforms. The more you practise, the more confident you'll feel when it’s your turn to shine!
✨Tip Number 3
Showcase your expertise! When you get the chance to meet potential employers, make sure to highlight your knowledge of the HM Treasury five-case framework and your experience with complex investment documentation. This will set you apart from the crowd.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search. So, get those applications in and let’s get you on board!
We think you need these skills to ace Project Business Case Assurance Manager
Some tips for your application 🫡
Know Your Stuff:Make sure you’re familiar with the HM Treasury five-case framework and how it fits into the project lifecycle. We want to see that you can apply this knowledge practically, so don’t just list it – show us how you’ve used it in your past experiences.
Tailor Your Application:When writing your CV and cover letter, make sure to tailor them to the role. Highlight your experience with investment appraisals and complex documentation. We love seeing how your skills align with what we’re looking for!
Show Off Your Writing Skills:Since high-quality written communication is key for this role, ensure your application is clear and impactful. Use concise language and structure your thoughts logically. We want to see your ability to produce authoritative assessments right from the start!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, it helps us keep everything organised and efficient.
How to prepare for a job interview at Future of London
✨Know Your HM Treasury Framework
Make sure you’re well-versed in the HM Treasury five-case business case framework. Understand how it evolves through the project lifecycle and be ready to discuss its importance in decision-making. This knowledge will show that you can effectively challenge assumptions and strengthen business cases.
✨Showcase Your Analytical Skills
Prepare to demonstrate your ability to analyse complex business cases. Bring examples of how you've identified gaps in logic or calculation errors in past projects. This will highlight your critical-thinking skills and your capacity to provide evidence-based recommendations.
✨Communicate Clearly and Confidently
Practice articulating your thoughts clearly, especially when discussing challenging topics. Strong verbal communication is key, so consider role-playing with a friend or mentor to refine your influencing skills while maintaining strong stakeholder relationships.
✨Stay Updated on Best Practices
Familiarise yourself with the latest developments in legislative and appraisal best practices. Being able to discuss recent changes and how they impact investment decisions will demonstrate your commitment to continuous improvement and cultural change within TfL.
