Risk Manager

Indra is one of the leading global technology and consulting companies and the technological partner for core business operations of its customers worldwide. It is a world-leader in providing proprietary solutions in specific segments in Transport and Defence markets, and the leading firm in Digital Transformation Consultancy and Information Technologies in Spain and Latin America through its affiliate Minsait.

As the technological partner for its customers’ key operations, Indra is at the core of their business, and Indra’s four values guide everything we do:

• Innovation - Our capacity for innovation, cutting-edge solutions, and specialised team of professionals enable us to drive a safer, more connected future through technology.
• Trust - We work with strength, commitment, and reliability, delivering quality solutions to build trust with customers, employees, partners, investors, and society.
• Connection - We harness the power of collaboration, connect ideas and solutions, and adapt to our customers’ needs, supporting them on the path to a better future.
• Foresight - We anticipate future needs to make the world safer and more connected, transforming our experience and knowledge into solutions for a better tomorrow.

As we continue to enjoy an exciting period of growth in the UK, we are looking for additional resources to support us with our project with Transport for London. The Risk Manager is responsible for establishing, implementing, and maintaining the programme-wide Risk Management Framework for the Proteus project, covering both the Entry Phase and the Service Delivery Phase.

This role ensures all project, technical, operational, transition, and supplier-related risks are identified, assessed, monitored, and mitigated in a structured and auditable manner. The Risk Manager will coordinate closely with the client counterparts, Indra workstream leads, the Former Supplier (during Entry Phase), and the wider governance team to ensure risks, especially those linked to transition and knowledge transfer, are proactively managed and transparently reported.

Responsibilities include:

• Managing Indra’s risk management obligations as set out in the Contract.
• Developing and maintaining the Project Risk Management Plan, Risk Register, ensuring all risks (cost, schedule, technical, legal) are captured, assessed, and prioritised.
• Conducting quantitative risk analysis (e.g., Monte Carlo simulations) to evaluate potential impacts on project timelines and budgets.
• Designing and implementing risk mitigation strategies, ensuring alignment with client’s risk management protocols and contractual requirements.
• Preparing monthly risk reports for senior management and client, highlighting trends, mitigation progress, and residual risks.
• Leading regular risk review workshops with workstream leads, management and the client.
• Ensuring compliance with ISO 31000, and contractual risk management requirement.
• Monitoring subcontractor risk performance, ensuring adherence to flow-down obligations.
• Supporting claims and dispute resolution by providing risk-based evidence.
• Acting as the primary risk liaison for client’s Risk Manager and internal teams (commercial, contract, and technical).
• Training project staff on risk awareness tools and best practices.

Requirements:

• Degree in Engineering, Business, Project Management, IT or related discipline.
• Professional qualification or certification in risk management, such as IRM Certificate or Diploma (Institute of Risk Management), or MoR (Management of Risk) certification.
• Extensive experience managing risks on large, complex projects, preferably in rail, construction, or infrastructure.

Holidays: 25 days per annum + 8 days bank holidays (options to buy/sell days)

Pension – 4% employee and 4% employer

Life assurance

Income protection

Employee assistance programs

Flexible/remote working options

Charitable initiatives

Social events (formal & informal)

Learning and development programs

Innovative & collaborative work environment