The Role
Supports enterprise and programme risk management across HS2, including qualitative and quantitative risk analysis, cost and schedule modelling, risk mitigation, reporting, and contingency assessment. Develops risk policies, processes, standards, and quantitative risk models; advises stakeholders and leaders; collaborates with project controls, planners, cost managers, and supply chain partners; and supports risk-related decision-making and team performance management.
Summary Generated by Built In
Base salary: £41,092pa to £48,344pa depending on skills and experience. In addition, we offer flexible benefits fund of 15% which is paid on top base salary and is fully pensionable, as well as a range of competitive benefits - check them out in the Benefits section on our website.
HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives and achieves their full potential. In practice, this means we are positive and inclusive about making adjustments, providing flexible working, encouraging our staff networks to flourish and providing personal and professional development opportunities.
Job Purpose
This role is responsible for supporting management of strategic enterprise risk, developing risk management policies, processes and standards, and ensuring these are effectively executed across the organisation. The role will also support development and delivery areas by developing an integrated view of risk across the programme, identifying trends and developing risk management and mitigation strategies.
About the Role
- To be accountable for supporting the development of an integrated view of risk across the programme.
- To be responsible for providing guidance in risk management and mitigation to teams across the programme.
- To be responsible for supporting the development and delivery of risk management and mitigation policies, processes and standards, leveraging industry best practice and driving continuous improvement.
- To be accountable for ensuring that risk management policies and processes are applied consistently and effectively across the programme and across the programme lifecycle.
- To be responsible for supporting the joint evaluation of risks by Project Controls and the supply chain to establish a thorough risk profile and a basis for risk sharing and incentives.
- To be accountable for supporting HS2’s periodic performance and risk reporting, ensuring leaders have the information needed to make informed risk management, risk sharing and contingency management decisions.
- To be responsible for providing advice on risk management to development and delivery areas across the organisation.
- To be accountable for supporting and guiding other teams in relation to the use and understanding of risk management data.
- To be responsible for providing functional line management, performance management and objective setting support to direct reports.
- To be accountable for supporting the development and implementation of Quantitative Risk Assessments (QRA) policies, processes and standards.
- To be accountable for quantitatively analysis of the risk exposure of threats, opportunities and issues that could affect the HS2 Programme objectives, making use of HS2 and industry standard risk management tooling and systems.
- To be accountable for statistically modelling identified risks in quantitative terms of cost, time and other categories of risk as appropriate, ensuring that HS2 Programme quantitative risk models are robust and auditable.
- To be responsible for providing reliable assessment of the overall HS2 Programme risk exposure to inform the financial forecasts produced within Finance.
- To be responsible for working with Risk Managers, Planners, Cost Managers and Project Controls Managers to deliver cost and schedule risk assessments, ensuring leaders have the information required to make informed delivery trade off decisions.
- To be accountable for producing scenarios for risk exposure over time and analyse these relative to the contingency provisions in the HS2 Investment Model.
- Actively promote and embed Equality, Diversity and Inclusion (EDI) in all your work and support and comply with all organisational initiatives, policies and procedures on EDI.
About You
Skills
- Ability to undertake qualitative and quantitative risk analyses in support of business decision making.
- Ability to build cost, schedule and risk models in a number of applications, appropriate to maturity of projects and programmes.
- Ability to communicate risk concepts and information in a way that is easily understood by colleagues and stakeholders.
- Ability to develop, with aid of subject matter experts where appropriate, and implement appropriate risk management actions for identified risks across projects.
- Communication and Influencing Skills – ability to produce clear, persuasive written, text based and verbal communications which engage and influence colleagues and external stakeholders at a range of levels.
Knowledge
- Knowledge of project and programme risk management.
- Knowledge of current project management and project control processes, particularly major projects and programmes.
- Risk Management qualification such as the Institute of Risk Management (IRM) or the Association of Project Management (APM).
Type of Experience
- Experience of project/programme risk management role within large scale, complex project.
We ask for a variety of detail in your online application, however we perform the first assessment of suitability for a role based solely on the information in your CV. In a further development of our efforts to create a more diverse workforce, your CV will be anonymised and personal information will be removed during the first stage of the application review. This removes bias from the process and makes it even more important that you attach an updated word version of your CV for each new application ensuring you include evidence directly related to the criteria in the job advert. Watch this video on how we remove bias in the recruitment process: Removing bias in the recruitment process - YouTube
Any applications received after the closing date will not be considered.
High Speed 2 (HS2 Ltd) will be the UK’s new high speed rail network. As well as improving capacity, the new scheme will shorten journey times between a number of Britain’s major population centres, boost the economy and create thousands of jobs.
HS2 Ltd will create a skills legacy and develop a diverse range of talent. We aim to be a leader in EDI practice by creating a safe & inclusive working environment for all our staff - living our values of Safety, Respect, Integrity and Leadership.
In practice, this means we are positive and inclusive about making adjustments, providing flexible working, encouraging our staff networks to flourish and providing personal and professional development opportunities.
HS2 Ltd is also a safety-critical organisation. Employees are required to ensure reasonable care of their own and others’ health and safety by taking personal responsibility for working to our ‘Safe at Heart’ programme principles and following safe working procedures at all times.
HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives and achieves their full potential.
Skills Required
- Ability to undertake qualitative and quantitative risk analyses supporting business decision-making
- Ability to build cost, schedule, and risk models using appropriate applications
- Ability to communicate risk concepts and information clearly to colleagues and stakeholders
- Ability to develop and implement risk management actions across projects
- Strong written, verbal, communication, and influencing skills
- Knowledge of project and programme risk management
- Knowledge of project management and project control processes, particularly for major projects and programmes
- Risk management qualification such as IRM or APM
- Experience in a project or programme risk management role within a large-scale, complex project
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The Company
What We Do
High Speed Two (HS2) Limited is responsible for developing and promoting the UK's new high-speed rail network. HS2 is Britain's new high-speed railway, designed to provide fast, reliable journeys between major cities while freeing capacity on the existing network for regional and freight services. The project also aims to widen access to jobs, drive investment, and support regional growth through an economic corridor.
