At a Glance
- Tasks: Manage risks in major energy projects, ensuring effective decision-making and measurable actions.
- Company: Join a leading firm in the UK energy sector with a focus on innovation.
- Benefits: Hybrid working, career progression, and exposure to complex programmes.
- Other info: Collaborative environment with opportunities for professional growth and development.
- Why this job: Make a real impact in the energy sector while developing your risk management skills.
- Qualifications: Experience in project risk management; nuclear experience is a plus but not essential.
The predicted salary is between 63000 - 77000 £ per year.
- Senior Risk Manager - Energy
- Working pattern: Hybrid, with regular site attendance
- Sector: Energy / Major Infrastructure
- Employment: Full-time, permanent
The Opportunity
We're looking for an experienced Senior Risk Manager to support the delivery of a major, complex programme within the UK energy sector.
This is a strong opportunity for someone who enjoys working on large-scale, technically challenging programmes where risk management genuinely influences decision-making rather than simply maintaining a risk register.
You'll work closely with project controls, programme leadership, technical teams and the supply chain to identify and understand risk exposure, improve the quality of risk information and make sure mitigation activity translates into measurable action.
Experience within nuclear would certainly be useful, but it isn't essential.
We're equally interested in people who have developed strong project or programme risk experience within other regulated, infrastructure or capital-intensive environments.
The Role
As Senior Risk Manager, you'll take responsibility for the identification, assessment, analysis and management of risks and assumptions across projects and programmes of varying scale and complexity.
The position combines hands-on risk management with stakeholder engagement, quantitative analysis and continuous improvement of risk processes.
You'll work closely with the wider Project Controls function to ensure risk information is properly integrated with cost and schedule data, including the delivery and interpretation of QSRA and QCRA
Key Responsibilities
You'll be responsible for
- Planning, designing and implementing risk management processes tailored to individual project and programme requirements.
- Facilitating risk workshops with project teams, stakeholders and subject matter experts.
- Creating, maintaining and improving project and programme risk registers.
- Reviewing and challenging risk information to improve the quality and robustness of risk data.
- Driving mitigation activity and ensuring agreed actions are actively managed.
- Supporting project teams in developing clear, specific and measurable risk responses.
- Undertaking Quantitative Schedule Risk Analysis (QSRA) to assess schedule uncertainty, key risk drivers and confidence in programme milestones.
- Undertaking Quantitative Cost Risk Analysis (QCRA) to assess cost uncertainty, potential financial exposure and appropriate levels of contingency.
- Helping project and programme leadership understand remaining risk exposure and its implications for delivery.
- Producing clear, timely risk reporting for senior stakeholders.
- Collaborating with Cost, Planning, Scheduling and other Project Controls disciplines to maintain alignment across project information.
- Working with supply-chain partners to identify and incorporate supplier and contractor risks.
- Supporting improvements to risk processes, governance and reporting as programmes evolve.
What We're Looking For
You'll have professional risk management experience across part or all of the project lifecycle, ideally gained within energy, infrastructure, nuclear, defence, utilities or another complex regulated environment.
More importantly, you'll be comfortable challenging information, asking the right questions and translating complex risk data into something project teams and senior stakeholders can actually use.
You should bring
- Strong project and/or programme risk management experience.
- Experience working within, or closely alongside, a Project Controls function.
- Practical experience of QSRA and/or QCRA.
- Good understanding of quantitative risk techniques, including Monte Carlo analysis, probability distributions and confidence levels.
- Experience conducting or supporting cost and/or schedule QRA.
- Working knowledge of risk tools such as Safran Risk, @RISK, PRA or similar.
- Strong Excel and Microsoft Office capability, with experience producing senior-level reports and presentations.
- Exposure to reporting or risk management platforms such as Power BI, ARM, Xactium, Predict or Tableau would be useful.
- Strong analytical and critical-thinking skills.
- Confidence working with senior stakeholders, technical specialists and supply-chain organisations.
- The ability to adapt risk processes and strategies as programmes and delivery environmen
- Clear written and verbal communication skills.
Qualifications & Professional Development
- A degree in Engineering, Risk Management, Finance, Business Administration or a related discipline would be beneficial, although demonstrable industry experience is equally relevant.
- Membership of a recognised professional body such as the Institute of Risk Management (IRM) or Association for Project Management (APM) would also be advantageous.
- Familiarity with recognised risk frameworks or standards such as ISO 31000, APM guidance, the Orange Book or IPA approaches is desirable.
- Formal risk qualifications, including APM Risk Certificate Level 2, Management of Risk (Mo R) or equivalent, would be beneficial but are not essential.
- Security & Sector Requirements
Due to the nature of the programme, candidates will need to be able to obtain the appropriate level of UK security clearance.
Previous nuclear experience is desirable rather than essential.
Candidates coming from other major infrastructure, energy, defence or highly regulated programmes who are interested in developing their career within this sector are encouraged to apply.
Why Consider It? This is a strong opportunity to develop your career within a growing area of the UK's energy and infrastructure market.
You'll gain exposure to a major, complex programme, working alongside experienced Risk and Project Controls professionals while continuing to develop your technical capability across QSRA, QCRA and wider quantitative risk analysis.
There are clear opportunities for career progression and increased responsibility, whether that means leading larger packages of work, taking greater ownership of client relationships or progressing towards programme-level risk leadership.
Senior Risk Manager in North East employer: Pegasus Search & Selection
As a leading global construction consultancy, we pride ourselves on fostering a collaborative work culture that empowers our employees to excel in their roles. Joining us as a PMO Lead means you'll have the opportunity to work on significant Energy & Natural Resources programmes, with strong career progression and professional development opportunities. Our commitment to innovation and excellence ensures that you will be part of a team that is shaping the future of the UK's energy infrastructure.
Contact Details:
Pegasus Search & Selection Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk Manager in North East
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Pegasus Search & Selection looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Risk Manager in North East
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Pegasus Search & Selection. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Pegasus Search & Selection
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Pegasus Search & Selection’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!