Project Risk Manager
Listed on 2025-12-30
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Management
Risk Manager/Analyst -
Finance & Banking
Risk Manager/Analyst
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Job DescriptionCostain have won extensive work across the water sector this year to support the AMP 8 investment cycle. We have been appointed by Northumbrian Water to the Living Water Enterprise to help shape and deliver its strategic infrastructure upgrade programme with contracts valued up to c.£670m to Costain over 15 years.
Reporting into the Head of Planning / PMO, the Risk Manager will be fully integrated and embedded into the framework with a remit to ensure that the project teams meet their risk and opportunity management challenges through improved risk practice and awareness. You'll be responsible for management of the implementation and ongoing assurance of governance and any contract specific requirements.
As a commercially astute Risk Manager you'll work in collaboration with stakeholders at scheme and framework level and you'll identify, analyse and develop responses to project risks & opportunities, taking ownership and responsibility. You'll play an important role in developing a positive risk and opportunity culture within the framework.
By embedding and championing best-practice risk and opportunity management tools and techniques across the allocated programmes you'll enable a timely, efficient, safe and customer-focused delivery.
Responsibilities- Ensure risk mitigation measures are progressed in response to EWN's
- Draft and update the contract Risk Management Plan's
- Manage risk and continuously develop the risk and opportunity register into a management tool containing accurate and relevant information for reporting purposes
- Risk identification, qualitative and quantitative analysis, contractual allocation and preparing action plans;
- Manage the Risk and Opportunity Register
- Carry out risk and opportunity workshops as and when required;
- Risk and opportunity reporting, ensuring information is consistently accurate and relevant;
- Develop, implement and oversee effective and credible risk response and risk mitigation plans
- Ensure that the senior management team, are sufficiently sighted on and familiar with the project risk and opportunity position
- Act as a conduit for the escalation of risk or failure to obtain opportunities in line with established processes
- Be prepared to challenge risk and opportunity owners and other individuals on their response to risk and securing opportunities
- Contribute to the continual improvement in risk processes and the continual development of a risk mature culture across the project
- Produce risk and opportunity reports and dashboards in line with project requirements
- Skilled and experienced in NEC project and programme management and risk management methodologies
- Skilled and experienced in the use of risk and opportunity management systems and tools
- Strong verbal, written and presentational skills with a high level of analytical and numerate skills
- Self‑motivated with good interpersonal skills working in a team environment
- Good attention to detail
- Excellent communication and presentational skills
- Able to use initiative
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About UsCostain helps to improve people's lives with integrated, leading edge, smart infrastructure solutions across the UK's energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK's leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements.
We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future‑shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.
Costain appreciate the time and effort taken when applying for one of our positions but, due to the high volume of responses, we are unable to provide individual feedback on candidates at application phase.
We do share individual feedback following an interview.
A Disability Confident employer will generally offer an interview to any applicant that disclose they have a disability and meets the minimum criteria for the job as defined by the employer.
It is important to note that in certain recruitment situations such as high‑volume, seasonal and high‑peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non‑disabled people.
For more details please go to the Disability Confident website:
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