Group Risk Manager

Job Description

Costain's Risk and Assurance team are recruiting for a Group Risk Manager. The successful candidate will lead development and maintenance of Group and Principal Risks, support executive board risk owners in defining risks, build and track effective mitigation plans, assess controls and report on progress and approach to the PLC board. The role is responsible for maintaining risk management procedures, tools and templates ensuring these reflect framework changes and address feedback.

In addition to the above the candidate will manage configuration, access, user support and licensing for risk management tools (ERM and QRA), including delivery of systems‑related training.

• Facilitate the management of Group, Principal and function‑owned risks, supporting exec risk owners and assigned risk deputies in risk development, review, update and reporting.
• Produce clear and concise reports for the Exec Risk & Assurance meeting, Audit & Risk Committee and PLC board on Group & Principal risks, including impact/likelihood assessment, control effectiveness, risk changes (including external factors), mitigation progress and overall control effectiveness status.
• Manage the annual deep dive schedule, supporting risk owners and deputies in the development of briefing material which address key areas of interest from the PLC board and are consistent and integrated with group strategy and wider business plans.
• Conduct horizon scanning to identify potential emerging risks, ensuring these are developed in a manner consistent with business context.
• Configure, manage and administer risk management applications setup, user access and licence provision, with input from Divisional risk teams where required. Support users across the business in setting up registers, managing access and resolving issues. Manage contracts with software providers ensuring support meets business requirements.
• Maintain (and update where required) risk management policies, processes, tools and templates on The Costain Way and R&A Intranet Page.
• Risk assurance: where required, review risk outputs (plans, registers, analysis, etc.) for bids and contracts, providing guidance and constructive, practical feedback on areas for improvement, and producing summary assurance reporting outputs.
• Key controls: identify and maintain defined list of material controls, work with relevant functions to design and implement measures to monitor, test and evaluate controls, building reports which summarise overall effectiveness of material controls considering both design and operation.

• Track record of successfully supporting senior leaders in managing risk (Executive Committee members, Directors and Heads of function).
• Excellent communication, facilitation and influencing skills.
• Expertise in risk management techniques including risk definition (descriptions, causes), structuring initial risk ideas into clear risk events, mapping and assessing controls and conducting bow tie analysis.
• Experience of implementing enterprise risk management arrangements across an organisation, ensuring that different risk perspectives are coordinated and integrated.
• Experience of ERM / GRC tool implementation, including setup and configuration, user access/permissions management, contract management and support arrangements.

• Established project management skills: ability to plan, budget for and manage projects to deliver agreed objectives/outcomes within cost and time constraints.
• Proficiency in quantitative risk analysis (QRA) techniques including both Schedule Risk Analysis and Cost Risk modelling.
• Experience of leading business improvement / transformational change initiatives.
• Experience of business planning, budgeting/target setting, finance processes.
• Understanding of typical contract types and the impact on risk arrangements and practice.

• IRM Certificate in Enterprise Risk Management.
• Project Risk Management qualification (PMI or APM).
• Project or Programme Management qualification (APM PMQ, Axelos MSP).

• Excellent communication skills with ability to present and explain complex information to a diverse…