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Risk & Opportunity Manager
4 months ago
Job Description - Risk & Opportunity Manager (045159)
Risk & Opportunity Manager 045159
OrganisationOrganisation - Head of PMO Job
Position Type - Full Time
Role: Risk & Opportunity Manager
Band: Band 3
Position type: Full time
Location: Hybrid working – Endeavour Square, Stratford / Palestra, Southwark / Hybrid
Hybrid working within this role enables a balance of 50 per cent of time split between the office and home over a 4-week period. Hybrid working arrangements can evolve subject to business requirements.
Job Purpose
The Risk & Opportunity Manager manages the implementation of consistent and effective risk & opportunity management tools, techniques, processes and standards across Infrastructure, in line with TfL and industry best practice. Provision of timely and high quality information, guidance and specialist advice on risk & opportunity management across projects and programmes. They are responsible for leading the development of risk management and opportunity strategies at portfolio level, contributing to the development of strategies at programme level and supporting the implementation of plans across the delivery areas as required. Responsible for managing improvements to risk and opportunity management practices and liaising with internal and external stakeholders.
Key accountabilities
- Accountable for leading and managing the implementation of consistent risk & opportunity management tools and techniques, processes and standards, in line with TfL and industry best practice and integrating these within the wider project controls framework across Infrastructure.
- Responsible for applying advanced knowledge in the technical/professional discipline of risk & opportunity management for the analysis and resolution of issues within a projects and programmes framework, including benchmarking against best practice and implementing innovative solutions.
- Responsible for working with delivery teams to understand the risk & opportunity profiles of the projects and programmes, to develop robust risk & opportunity management, mitigation and contingency strategies, and to escalate significant risks using agreed governance mechanisms as appropriate.
- Constantly maintain corporate risk & opportunity management systems - ensuring feeder registers are updated and translated into required system.
- Responsible for supporting project teams in carrying out Quantified Risk Assessments (QRA) and assessing risk apportionment in commercial contracts and procurements relating to project and programme delivery.
- Responsible for ensuring risk & opportunity management tools and techniques, processes and standards are communicated and applied appropriately on projects / programmes.
- Lead a team who directly support project delivery to establish a unified and high standard of quality output.
- Contribute to driving and leading a positive safety culture within Capitol Projects projects and ensuring their team is invested in managing and improving HSE performance.
- Contribute in equality of opportunity, social inclusion, fair employment and environmental sustainability, creating open, inclusive and engaging environment within MPD and across stakeholders, customers and supply chain.
Key interfaces
Key interfaces within TfL: Professional Managers for all PMO disciplines, senior managers and team members in MPD and other TfL and London Underground Business Units including Engineering and Renewals & Enhancements, Health Safetyand Environment Directorate (HSE), Strategy & Network Development Directorate (S&ND), Legal, Commercial, Finance & Operational teams.
Knowledge
- Extensive knowledge of and understanding of capital projects and programmes with an emphasis on Risk Management& benchmarking 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
- Excellent knowledge and understanding of risk & opportunity management frameworks, tools and techniques in a project and programme management setting
- Understanding of TfL project and programme management methodologies and processes
- Good knowledge of EU and UK legislation, law and best practice, particularly in relation to risk management
- Professional Qualification in Project Management or equivalent (desirable)
Skills
- Good influencing skills to manage and motivate teams in and outside of directorate and embed Risk Management
- methodology and process in support of delivery of high risk, value and complex project and programmes.
- Specific technical skills include:
- Risk/Opportunity and Issue Management (Level 4)
- nformation Management and Reporting (Level 4) /Stakeholder Management (Level 4)
- Project Governance (Level 3) /Compliance and Assurance Management (Level 3)
- Quantitive Risk Analysis (Level 4) /Frameworks and Methodologies (Level 4)
Experience
- Experience of creating, adapting and monitoring process around Risk Planning in major project and experience of implementing tools to support changes.
- Experience of dealing with a range of stakeholders at all levels across the organisation influencing improving process to support project delivery.
- Proven record of taking personal responsibility and accountability for implementing risk & opportunity management. frameworks to ensure delivery of majorprogrammes / projects in a large, complex organisation.
- Experience of managing performance and delivery through external contractors and or suppliers.
Equality, diversity and inclusion
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 .
Application Process
Please apply using your CV and optional maximum two-page covering letter.
Think carefully about the skills, knowledge and experience in the advert and cover this in your CV and cover letter. Word format preferred and do not include any photographs or images
The closing date for applications is Friday 21st June @ 23:59
Please note we may close the advert early if we receive a high volume of applicants.
Benefits
In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the business area but mostly include:
- Final salary pension scheme
- Free travel for you on the TfL network
- A 75% discount on National Rail Season Ticket and interest free loan
- 30 days annual leave plus public and bank holidays
- Tax-efficient cycle-to-work programme
- Retail, health, leisure and travel offers
