Risk Manager

If you are looking to work for a growing business who truly value and care for their employees, then look no further!

• Own and maintain the project Risk & Opportunity Register, ensuring financial, commercial, programme and delivery risks are identified, quantified and actively managed.
• Lead regular risk and opportunity reviews with project, commercial, planning, design and delivery teams.
• Facilitate structured risk workshops to identify emerging threats and opportunities across the project lifecycle.
• Quantify the cost and programme impact of risks and opportunities, including probability-based assessments where appropriate.
• Work closely with Commercial and Finance teams to ensure risk exposure is reflected within forecast cost, contingency and Estimate at Completion (EAC).
• Work with Planning teams to understand the potential schedule impact of key risks, including threats to critical and near-critical paths.
• Challenge risk owners to develop clear, measurable mitigation actions, with appropriate owners and completion dates.
• Monitor the effectiveness of mitigation actions and elevate risks where exposure is not reducing as expected.
• Identify and develop opportunities for cost reduction, programme acceleration, productivity improvement and increased margin.
• Maintain visibility of risk drawdown and contingency utilisation, ensuring contingency is supported by quantified project exposure.
• Support the development and periodic review of Quantitative Cost Risk Analysis (QCRA) and Quantitative Schedule Risk Analysis (QSRA) where required.
• Provide risk information into monthly project reporting, forecasting, business reviews and governance meetings.
• Produce clear dashboards showing risk exposure, opportunity value, movements, trends, mitigations and forecast impact.
• Identify relationships and dependencies between programme, cost, commercial, design, procurement and delivery risks.
• Review subcontractor and supply‑chain risks, particularly those relating to cost escalation, procurement lead times, productivity, capacity and programme performance.
• Support commercial teams in identifying risks associated with contractual obligations, change, compensation events, claims and commercial exposure.
• Ensure risks associated with proposed changes are assessed before decisions are made, including the cost, time and opportunity implications.
• Challenge project assumptions and forecasts to identify optimism bias, unidentified exposure and potential upside.
• Undertake scenario and sensitivity analysis to understand the potential effect of major risks on project outturn and completion dates.
• Track early‑warning indicators for significant risks and ensure appropriate intervention before issues crystallise.
• Ensure realised risks are transferred appropriately into cost forecasts, programme updates and project controls, preventing duplication between risk allowance and forecast costs.
• Drive the identification, valuation and realisation of opportunities, ensuring opportunities have clear owners, actions, timescales and measurable benefits.
• Support senior management in understanding the project's overall risk position and confidence in achieving financial and programme targets.
• Promote a proactive risk culture in which risk management supports better commercial and operational decision‑making rather than simply maintaining a risk register.
• Capture lessons learned from realised risks and opportunities and use them to improve future estimating, planning and project delivery.

• Degree or equivalent qualification in Quantity Surveying, Commercial Management, Project Management, Engineering, Construction Management, Finance,…