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For Companies At a Glance
- Tasks: Manage risks and opportunities in projects, ensuring effective communication and robust response plans.
- Company: Join SCALIAN, a global leader in digital systems and business performance solutions.
- Benefits: Enjoy competitive perks, including potential remote work options and a dynamic work environment.
- Why this job: Be part of a collaborative culture that values innovation and impact on major projects.
- Qualifications: Active SC clearance required; experience in risk management is a plus.
- Other info: Work across international teams in a diverse and inclusive setting.
The predicted salary is between 43200 - 72000 £ per year.
The Risk- & Opportunity Manager implements Risk & Opportunity Management within the Project. The R&O Manager responsibilities are as follows:
- Responsible for continuous Risk and Opportunity Management on projects and services.
- Actively drive and support R&O identification & develop robust R&O response plans.
- Ensure the transparent communication of R&O information with the bid and Project team, and relevant stakeholders.
- Drive de-risking and opportunity development on an operational level.
- Create a Risk and Opportunity Management Plan explaining how R&Os will be managed on the Project (RAIDO inputs).
- Establish continuity in the Project R&O management by taking the R&O register from the bid as the baseline.
- Regularly analyse the full scope of the WBS including subcontractors, suppliers, partners and customers to identify R&O as early as possible.
- Assess the R&O on every level (e.g. technical, schedule, cost, ethics & compliance), obtain response actions and regularly keep the R&O register updated.
- Ensure that robust mitigation actions are defined and reflected in the Project plan (cost, schedule, resources, scope).
- Regularly assess the progress and effectiveness of defined actions.
- Implement regular Risk Review Boards and submit risk reports.
- Regularly compare R&O exposure with the contingency amount in the EAC.
- Ensure compliance with applicable accounting standards by sizing the Project contingencies according to the R&O register.
- Escalate risks which cannot be managed at Project level.
- Establish within the Project a common understanding of R&O Management as an end-to-end responsibility for all Project members.
- In charge of the overall coordination and consistency of all risk and opportunity activities across the project.
- Attend, support and report, when required, monthly project reviews (MPRs).
- Responsible for implementing the R&O Management process in line with the ERM framework, coordinated by Finance.
- Provide the Project Manager and work package managers with risk and opportunity status.
- Perform statistical analyses to estimate the cost and delivery timescale.
- Perform monthly, quarterly, ad hoc Schedule Risk Analyses (SRA) as required for internal governance and customers.
- Perform Cost Risk Analyses (CRA as required).
- Support the ERM-Officer or ERM-Coordinator.
Note: Active SC clearance is required for this role.
Project Risk Manager employer: Scalian
Contact Detail:
Scalian Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Risk Manager
✨Tip Number 1
Familiarise yourself with the specific Risk and Opportunity Management frameworks used in the industry. Understanding the ERM framework mentioned in the job description will give you an edge during discussions and interviews.
✨Tip Number 2
Network with professionals already working in project management roles, especially those focused on risk management. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Stay updated on the latest trends and tools in risk management. Being knowledgeable about statistical analysis methods and software can demonstrate your commitment and expertise in the field.
✨Tip Number 4
Prepare to discuss real-life scenarios where you've successfully identified and managed risks. Having concrete examples ready will showcase your practical experience and problem-solving skills during the interview.
We think you need these skills to ace Project Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management and project coordination. Use specific examples that demonstrate your ability to identify and manage risks effectively.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about risk management and how your skills align with the responsibilities outlined in the job description. Mention your experience with R&O management plans and stakeholder communication.
Showcase Relevant Skills: Emphasise skills such as analytical thinking, communication, and project management. Provide examples of how you've successfully implemented risk management strategies in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Project Risk Manager.
How to prepare for a job interview at Scalian
✨Understand the R&O Management Process
Make sure you have a solid grasp of Risk and Opportunity Management processes. Be prepared to discuss how you would implement these in a project setting, including creating a Risk and Opportunity Management Plan.
✨Showcase Your Analytical Skills
Highlight your ability to perform statistical analyses and risk assessments. Be ready to provide examples of how you've previously identified risks and developed response plans, particularly in relation to cost and schedule.
✨Communicate Effectively
Demonstrate your communication skills by discussing how you would ensure transparent communication of R&O information with various stakeholders. Prepare to explain how you would facilitate discussions in Risk Review Boards.
✨Familiarise Yourself with Compliance Standards
Since compliance is crucial for this role, make sure you understand applicable accounting standards related to project contingencies. Be prepared to discuss how you would ensure compliance while managing risks.
