Risk Manager

4 days ago

Edinburgh, Edinburgh, United Kingdom STRABAG UK Full time £60,000 - £100,000 per year

The Risk Manager is responsible for developing, implementing, and maintaining the project-wide risk management framework on a high-value infrastructure program. This role ensures that risks to cost, schedule, quality, safety, and strategic objectives are identified early, assessed accurately, and effectively managed. The Risk Manager supports senior leadership by providing clear, data-driven insights for informed decision-making throughout the project lifecycle.

Requirements:

  • Develop, implement, and maintain the project's Risk Management Plan, procedures, and governance structure.
  • Ensure alignment with relevant standards
  • Establish tools and systems for risk identification, tracking, analysis, and reporting.
  • Lead structured risk workshops across design, engineering, procurement, construction, commissioning, and operations interface.
  • Develop and maintain a comprehensive risk register covering strategic, operational, technical, commercial, environmental, and regulatory risks.
  • Capture both threats and opportunities.
  • Conduct qualitative assessments (probability/impact scoring, classification, ranking).
  • Deliver quantitative assessments using techniques such as Monte Carlo simulation for cost and schedule risk analysis.
  • Prepare risk-adjusted cost estimates, schedule forecasts, and scenario models.
  • Work with discipline leads to define clear mitigation strategies and contingency actions.
  • Assign risk owners and track the implementation and effectiveness of mitigation plans.
  • Provide recommendations for optimizing risk allocation in procurement and contract strategies.
  • Coordinate with cost, schedule, and performance management teams to ensure risk information informs:
  • Schedule float and critical path analysis
  • Support the development of risk-adjusted business cases and funding submissions.
  • Maintain an up-to-date risk register with accurate status of risks and mitigations.
  • Lead periodic risk review sessions and trend analysis.
  • Provide regular risk reports to project leadership, steering committees, and external stakeholders.
  • Develop dashboards and heat maps to support clear communication of risk exposure.
  • Support internal and external assurance reviews, audits, and stage-gate approvals.
  • Ensure compliance with regulatory, environmental, and safety requirements.
  • Contribute to lessons-learned processes and continuous improvement.

Skills & Qualifications:

  • Strong understanding of infrastructure project lifecycles (design, procurement, construction, commissioning).
  • Expertise in quantitative risk analysis (QRA).
  • Proficiency with risk software
  • Familiarity with project controls (cost/schedule management).
  • Analytical problem solving.
  • Clear written and verbal communication.
  • Workshop facilitation and stakeholder engagement.
  • Decision support and scenario analysis.
  • Ability to translate complex data into practical insights.

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