Risk Management Specialist

3 days ago


Cambridge, Cambridgeshire, United Kingdom Turner & Townsend Full time

Company Overview

At Turner & Townsend, we're passionate about delivering exceptional results for our clients. Our team is dedicated to helping our clients achieve their goals through innovative and effective project management solutions.

Job Summary

We're seeking a highly skilled Risk Management Specialist to join our Project Controls Team in Birmingham. As a Risk Management Specialist, you will play a critical role in identifying, assessing, and mitigating risks associated with our clients' projects.

Key Responsibilities

  • Facilitate the identification, assessment, and prioritization of threats, opportunities, and issues.
  • Maintain visibility of threat/opportunity trigger points to facilitate risk cost profiling, timely drawdown of risk budget, or retirement of threat/opportunity.
  • Assist with the identification and development of appropriate management responses, which are measurable and specific, along with assessing the post-mitigated positions.
  • Monitor overall risk exposure and assess against the remaining risk budget and timeline.
  • Produce and present fit-for-purpose risk reports, in a timely manner, to support the effective communication of threat & opportunity status and required senior management action.
  • Understand quantitative risk assessment (cost, schedule, and integrated) to inform project contingency and time risk allowance levels. Demonstrate basic to practitioner competency with tools such as Safran, @risk, PRA, or similar.
  • Familiarity with web-based database/reporting tools – ARM, Xactium, Predict, Tableau, PowerBI.

Requirements

  • Industry experience such as construction, infrastructure, engineering, automotive, or within a management consultancy.
  • A working understanding of developing and implementing integrated risk management solutions across portfolios, programmes, and projects.
  • Understanding of both qualitative and quantitative assessment of risk (QRSA's and QCSA's) including probabilistic modelling (@risk, PRA, Safran or equivalent). However, industry-leading training will be provided.
  • Risk and Scenario Analysis workshop facilitation.
  • Development of proactive threat mitigation and opportunity exploitation.
  • Broad understanding of Project Controls methodology and risk management interactions.

Additional Information

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We actively encourage applications from all sectors of the community.



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