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About the Role

The Risk & Opportunity Manager will manage the implementation of consistent and effective Risk & Opportunity Management using management tools, techniques, processes, and standards across Capital Projects. They will provide timely and high-quality information, guidance, and specialist advice on Risk & Opportunity Management across Projects and Programmes, and lead the development and contribution to Risk Management and Opportunity strategies at Programme and Portfolio level.

Responsibilities

Lead and manage the implementation of consistent Risk & Opportunity Management tools, techniques, processes, and standards, integrating them within the wider Project Controls framework.
Work with delivery teams to understand Risk & Opportunity profiles, develop robust management, mitigation, and contingency strategies, and escalate significant risks.
Apply knowledge in Risk & Opportunity Management for analysis and resolution of issues, including benchmarking and implementing innovative solutions.
Maintain Portfolio, Programme & Project Risk & Opportunity Management systems, ensuring feeder registers are updated.
Support project teams in carrying out Quantified Risk Assessments (QRA) and assessing risk apportionment in commercial contracts and procurements.
Ensure Risk & Opportunity Management tools, techniques, processes, and standards are communicated and applied appropriately.
Provide quality Risk and Opportunity information to support delivery teams in periodic reviews with Senior Management.
Facilitate risk workshops and risk analysis, including Cost and Schedule Risk Analysis.
Contribute to driving a positive safety culture.
Contribute to equality of opportunity, social inclusion, fair employment, and environmental sustainability.

Requirements

Excellent knowledge and understanding of Risk & Opportunity Management frameworks, tools, and techniques, including Quantitative Cost Risk Analysis (QCRA) and Quantitative Schedule Risk Analysis (QSRA), in a project and programme management setting.
Extensive knowledge of and understanding of projects and programmes with an emphasis on Risk Management and how this supports and integrates with a wider high functioning environment.
Good knowledge and understanding of project and programme management methodologies and their practical application in a transport setting.
Good knowledge of EU and UK legislation, law, and best practice, particularly in relation to risk management.
Experience of creating, adapting, and monitoring processes around Risk management within projects.
Experience of implementing tools to drive efficiency and value to support project delivery.
Experience of dealing with a range of stakeholders at all levels across the organisation, influencing and improving processes to support project delivery.
Proven record of taking personal responsibility and accountability for implementing risk & opportunity management frameworks to ensure delivery of projects / programmes in a large, complex organisation.
Experience of managing performance and delivery through external contractors and/or suppliers.

Skills

Good influencing and stakeholder management skills.
Risk/Opportunity and Issue Management (Level 4)
Information Management and Reporting (Level 4)
Stakeholder Management (Level 4)
Project Governance (Level 3)
Compliance and Assurance Management (Level 3)
Quantitative Risk Analysis (Level 4)
Frameworks and Methodologies (Level 4)
Risk Workshop Facilitation (Level 4)
Schedule Risk Analysis (Level 4)

Location

5 Endeavour Square, Stratford
Hybrid

Work Type

Permanent
Hybrid

Experience Level

Manager

Education Level

Professional Qualification in Project Management or equivalent (desirable)

Salary/Compensations

Circa £57,800 depending on skills, knowledge and experience

Benefits

Final salary pension scheme
Free travel for you on the TfL network
Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28-day flexi ticket
30 days annual leave plus public and bank holidays
Private healthcare discounted scheme (optional)
Tax-efficient cycle-to-work programme
Retail, health, leisure and travel offers
Discounted Eurostar travel

About the Company

Transport for London (TfL) operates a hybrid working approach where business and role requirements allow.

Equal Opportunity

We are committed to equality, diversity, and inclusion.
We want to represent the city we serve, which will help us become a more innovative and efficient organisation.
Our goal is to make our recruitment as inclusive as possible.
We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria.
We also use anonymising software that removes identifying information from CVs and cover letters to make the process fair.