As part of the infrastructure and performance office the risk manager will provide support and guidance to project delivery teams ensuring that risk is managed correctly at project, programme and portfolio levels.
The risk manager will also assist the senior management team with the appropriate and proportionate reporting of risks to through corporate governance.
Key Responsibilities
Responsible for the planning, design and implementation of the infrastructure and developments overall risk management strategy and process.
Defines and monitors risk tolerances for at project, programme, and portfolio level
Develop and manage risk assessments, involving the analysis of risks as well as identifying, describing and estimating the risks affecting the business.
Accountable for the identification of investment to fund risk at all levels.
Responsible for establishing and quantifying the organisation's 'risk appetite', i.e. the level of risk they are prepared to accept.
Development plans to improve the management of risk within the department and integrate these processes into the wider PoJ corporate governance.
Report risk in an appropriate way for different audiences, for example board, programme and project teams to ensure they are aware of risks relevant to their parts of the business and to individuals to understand their accountability for individual risks
Support the Head of Infrastructure and Development Performance in collating and reporting portfolio risks and potential mitigation to the risk committee.
Support project and programme teams with the identification of risks and suitable mitigations in order to successfully deliver project
Work with project teams and the portfolio scheduler to conduct QCRA and QSRAs where necessary.
Review risk policies regularly to ensure they are compliant with relevant new legislation
Conduct audits of policy and compliance to standards, including liaison with internal and external auditors.
Provide support, education and training to staff to build risk awareness within the organisation.