Risk Manager
Elgin, Moray county, IV30, Scotland, UK
Listed on 2026-08-01
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Management
Risk Manager/Analyst
About the role
Balfour Beatty’s Power Transmission & Distribution business is delivering some of the UK’s most ambitious energy infrastructure projects, driving decarbonisation and innovation at every turn.
We are seeking a Risk Manager to join our Power T&D Innovation Team. In this role, you will lead the development, challenge, governance and management of project risk information across both the baseline risk process and in-flight delivery stage. The role will provide project-facing risk leadership, ensuring risk registers are technically robust, commercially aligned, evidence-based, client-facing where required and capable of supporting project governance, GTIC/BTIC review, client scrutiny and portfolio-level reporting.
Hybrid working - 3 days in the office and 2 days working from home
What you'll be doing- Lead the development, review and governance of project risk registers across Stage 1 and Stage 2 Project Life cycles.
- Lead collaborative risk workshops with commercial, project, estimating and client risk teams.
- Challenge risk identification, root-cause analysis, risk structuring, ownership, mitigation and residual exposure
- Review and validate 3-point cost and schedule estimates, probability assumptions and concurrency logic
- Ensure QSRA inputs are aligned with the project programme, quantified risk position and delivery assumptions
- Ensure risk registers are GTIC/BTIC-ready and client-facing versions are suitable for review and sign-off
- Lead in-flight risk management, including emerging risk assessment, mitigation tracking, contingency movement and exposure updates
- Support client risk reduction meetings and ensure actions are captured, owned and reflected in the live risk position
- Support compensation event recovery through clear risk data, evidence, exposure movement and supporting narrative
- Produce project and group-level reporting that provides clear, data-driven insight for leadership and governance forums
- Guide Risk Analysts and support consistent data quality, version control, evidence capture and reporting outputs
- Professional certification such as Institute of Risk Management membership or APM Risk Practitioner (desirable)
- Experience working in a dedicated Risk Management role within medium to large organisations.
- Strong understanding of risk and control processes and their application across complex business environments.
- Excellent communication, interpersonal, and influencing skills, with the ability to engage senior management and stakeholders at all levels.
- QCRA / QSRA experience
- Proven ability to build and maintain strong relationships across multiple stakeholder groups.
- Skilled in workshop facilitation and delivery of training sessions
Day in, day out, our teams deliver some of the UK’s most ambitious, exciting and meaningful projects; developing, building and maintaining the vital infrastructure that supports national economies and strengthens communities.
Why join us?
- - Smart working, giving you more flexibility such as staggered start and finish times,
- - 25 days paid annual leave (pro rata)
- - Family friendly policies which include 28 weeks full pay for maternity/adoption leave and four weeks full pay for paternity/partners leave
- - Pension, share incentive plan, volunteering leave, recognition schemes and much more…
Balfour Beatty’s Power Transmission & Distribution teams work with regional, national and international electricity network owners and operators to provide technical engineering solutions across the full spectrum of the electricity grid, including overhead lines, cabling, substations and distribution networks.
From scoping and feasibility, to design, construction and on-going maintenance, our in-house experts, flexible resources and industry-leading innovations support customers in the development of some of the UK’s most ambitious power transmission and distribution projects.
Diversity and inclusion
At Balfour Beatty we believe that diversity and inclusion are essential components of any successful, happy workplace. Through our Value Everyone Diversity and Inclusion Strategy and Action Plan, we are growing our diverse workforce and developing…
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