The Role
Leads risk and opportunity management for an assigned HS2 business unit. Develops integrated risk views, identifies value-creation opportunities, implements risk processes, quantitatively analyzes cost and schedule exposure, produces contingency scenarios, and reports risk information to senior stakeholders. Provides guidance across development and delivery teams, supports supply-chain risk evaluation, manages direct reports, and drives continuous improvement and inclusive risk-management practices.
Summary Generated by Built In
Base salary: £54,878pa to £64,562pa depending on skills and experience. In addition, we offer flexible benefits fund of 20% 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.
This role is responsible for the effective execution of risk & opportunity management policies, processes, and standards for their assigned business unit. The role is responsible for proactively monitoring, identifying and assessing new opportunities that HS2 can exploit to promote value creation. The role supports the development and delivery areas by developing an integrated view of risk and opportunity across the programme, identifying trends, and creating risk and value management strategies. It is also responsible for helping the business gain an integrated view of Quantified risk & opportunities including identifying opportunities and suggesting risk management and mitigation strategies to leadership.
About the Role
• Development of an integrated view of risk and opportunity across the assigned business unit.
• Implement comprehensive risk management and mitigation policies, processes, and standards to ensure a consistent approach to risk across the programme. This involves leveraging industry best practices and driving continuous improvement in risk management strategies.
• Identify and assess key value drivers within the organisation, understanding factors contributing to value creation, and using this to identify opportunities.
• Ensure the consistent and effective application of risk management policies and processes across the programme and throughout its lifecycle. This includes providing guidance to teams and supporting the joint evaluation of risks by Project Controls and the supply chain to establish a thorough risk profile.
• Measuring and monitoring the creation and delivery of opportunities within the organisation. This involves establishing metrics and performance indicators to track value generation and ensuring that the organisation is on track to achieve its goals.
• Support the evaluation and reporting of risks to inform decision-making, including periodic performance and risk reporting to ensure that leaders have the necessary information for informed risk management, risk sharing, and contingency management decisions.
• Provide guidance and advice on risk management to development and delivery areas across the organisation, ensuring that teams have the necessary support and understanding of risk management data to make informed decisions.
• Quantitatively analyse the risk exposure of threats, opportunities, and issues that could affect the programme's objectives. This involves support to statistical modelling of identified risks in quantitative terms of cost, time, and other categories of risk, ensuring that the inputs to quantitative risk models are robust and auditable.
• Produce scenarios for risk exposure over time and analyse these relative to contingency provisions.
• Support and guide other teams in the use and understanding of risk management data and the identification and assessment of new opportunities.
• Provide functional line management, performance management, and objective setting support to direct reports.
• Actively promote and embed Equality, Diversity and Inclusion (EDI) within your working team. Ensuring all your direct reports are supported and encouraged to fulfil their duties effectively, embedding a positive risk management culture.
About You
Skills
• Clear Direction - Prioritising objectives, analysing inputs, assessing and assessing data, contributing to the definition of strategies and supporting rationales. Ability to direct the team on the actions needed to manage and mitigate any critical issues.
• Complex problem solving - Ability to assimilate large volumes of detail, drawing out the key issues in a clear and concise way, suitable for internal stakeholders.
• Prioritisation – able to manage and plan multiple workstreams to best fit business needs.
• Decision Quality - Gathering and synthesising information, identifying options and applying judgement based on logic and reason, making use of a variety of analytical approaches to provide relevant information to suppliers, stakeholders and decision makers using key facts and data.
• Communication risk & opportunity concepts and information in a way that is easily understood by a range of senior colleagues and stakeholders.
• Ability to contribute to the definition of processes to enable the effective financial management of risk and opportunity.
• Ability to train the team in the approved processes.
• Ability to assure that the team are adhering to the approve processes and to lead the team in continuous improvement efforts to improve team efficiency and effectiveness.
Knowledge
• Knowledge of Project Controls with specialism in Risk and Opportunity Management processes
• Understanding of programme delivery
• Knowledge of the risk and opportunity environment in large infrastructure projects
• Knowledge and understanding of how to quantitatively and qualitatively assess complex and integrated construction and commissioning work
Type of Experience
• Experience of operating effectively as a middle manager, undertaking significant programmes of work which are subject to external scrutiny.
• Experience of developing a team within a major project or programme.
• Experience of reporting to internal senior stakeholders on risk management, including assimilating complex information into simple and easy to understand management information.
• Execution: Stretching the performance of people with a wide range of skills and capabilities.
• Experience of enacting approved systems and processes to support the achievement of business goals.
• Experience of project/programme risk management role within large scale, complex project.
• Experience of integrating an extended supply chain with a client risk and opportunity register.
• Risk Management qualification such as the Institute of Risk Management (IRM) or the Association of Project Management (APM).
• Experience of using risk management systems such as Xactium and Oracle Primavera Risk.
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
- Experience operating effectively as a middle manager on significant programmes subject to external scrutiny
- Experience developing a team within a major project or programme
- Experience reporting risk management information to senior stakeholders and simplifying complex information
- Experience managing performance across people with varied skills and capabilities
- Experience implementing approved systems and processes to support business goals
- Experience in project or programme risk management on a large-scale, complex project
- Experience integrating an extended supply chain with a client risk and opportunity register
- Knowledge of project controls, specializing in risk and opportunity management
- Understanding of programme delivery
- Knowledge of risk and opportunity management in large infrastructure projects
- Knowledge of quantitative and qualitative assessment of complex construction and commissioning work
- Risk management qualification such as IRM or APM
- Experience using risk management systems such as Xactium and Oracle Primavera Risk
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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.
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