Job Details

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Risk & Opportunity Manager

London, Greater London, United Kingdom, £ £ 400.00-430.00 Annual Annual, Contract


You will be responsible for risk interventions, business as usual activities and embedding a culture of best practice risk management. As part of this you will undertake early stages risk estimates, facilitate risk workshops, ensure robust risk assessments are carried out, encourage effective mitigation strategies and ensure timely reports are produced at various levels across the business.

Alongside this, you will work with key stakeholders to ensure that the right risks have been captured and analysed to inform credible quantitative risk analysis outputs.

What we're looking for

Individuals with an extensive understanding of capital projects and programmes of significant value. This does not need to be exclusive to the transport industry.

You should be a good influencer, who will be able to motivate teams and key stakeholders on the benefits of risk management.

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 Project Management Unit (PMU) risk and opportunity management practices and liaising with internal and external stakeholders to achieve the same.

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 MPD 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.


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)


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 major programmes / projects in a large, complex organisation.
Experience of managing performance and delivery through external contractors and or suppliers

Job Details

Not Specified
London, Greater London, United Kingdom
£ £ 400.00-430.00 Annual Annual