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Head of Risk Management

Country/Region:  GB
City:  Flexible

Job Title:  Head of Risk Management

Business Unit: Group Wide
Location: Flexible
Salary: Competitive + Benefits


The Head of Risk is a pivotal role in driving excellence in project delivery across the business. The current project portfolio currently comprises of multiple individual projects each greater than £50M, with some comprising multiyear multi-£Bn investments. The projects each have varying degrees of complexity with regards technical scope and stakeholder relationships, across multiple complex industries. 


Working closely with multiple functions across the business, including Engineering, Project Management and Commercial, providing the interface between Project delivery risk management and Corporate Governance risk management working closely with the Corporate Head of Assurance and Risk, the role is both critical and high profile. The candidate will need to influence Functional Directors, Sector and Business Unit Directors as well as individual project teams and their respective project leaders to achieve the required outcomes. A building on initiatives to improve our project performance and the associated cultural change needed to achieve the necessary performance levels.


In this role you will play a key role in the development and delivery new standards /processes, ways of working and see the introduction of new contemporary project control systems. This will allow us to develop our people and capabilities to become a leading project delivery organisation, playing a key role in the change programme which will address all fundamental areas of project controls.


What will you be doing?

  • As the Subject Matter Expert, provide visible leadership and influence, direction and guidance in relation to Enterprise and Project Risk Management and Analysis across the Business
  • Define Risk strategy and establish and maintain Risk Management standards and processes aligned to this strategy to ensure a consistent approach to Risk Management across the Group
  • Risk Lead for the Nuclear Sectors establish and maintain risk analysis processes for use across the Nuclear Sector to enable the effective utilisation of cost and schedule risk analysis practises proportionate to the complexity and lifecycle phase of the project
  • Define the strategy and drive the implementation of the selected risk software
  • Apply appropriate Assurance and Governance to ensure consistent application of Risk Management and Analysis in accordance with the standards and processes
  • Maintain Communities of practise for Risk Management to upskill the respective community by sharing knowledge and best practice
  • Set the standards and monitor for Competency requirements across the risk profession; identifying competency gaps then developing and implement strategies to address the skills and training gaps to achieve alignment with respective industry bodies e.g. APM and Institute of Risk Managers


The experience you’ll bring

The candidate should hold an in-depth knowledge in complex situations and can critically evaluate, adapt or develop new theories and/or methods if required and educate others in the following APM competencies and specific Risk Management competencies:


  • Risk, opportunity and issue management – Risk and opportunity identification techniques and the ongoing management and control techniques throughout the project, strong focus on mitigation and risk resolution
  • Change Control – the features of a rigorous change control process, and how to establish, implement and maintain a change control process
  • Capability Management - The ability to assess organisational maturity in relation to project, programme and portfolio management; identify the additional capabilities required, and to help with the development of those capabilities.
  • Enterprise Risk Management - Experienced in the setting and application of the enterprise risk management policies and procedures.
  • Risk Analysis – expert in quantitative analysis techniques, interpretation of results and training/coaching to inform effective decision making by the project. 
  • High standard of reporting, communicating and Stakeholder management, ability to roll out and establish risk tools to underpin high quality data and reporting.


What a role with Babcock offers?

  • Enhanced employment terms and conditions
  • Money purchase pension scheme with life assurance
  • Share ownership scheme
  • Occupational health services
  • Flexible working hours (only non-industrials)


About Babcock International and Devonport

For more than a century, Babcock, the Aerospace and Defence Company, has been trusted to deliver bespoke, highly-skilled engineering services. We help customers in the UK and around the world to improve the capability, reliability and availability of their most critical assets within the four market sectors of Marine, Land, Aviation and Nuclear, underpinned by a deep understanding of technology integration, unique infrastructure and specialist training.


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Application Guidance:

All applications should be made online.

We are committed to building an inclusive culture and strive to attract talent who thrive in an inclusive and flexible working environment. If you have a disability or need any reasonable adjustments during the application and selection stages, please let us know and will respond in a way that best fits your specific needs.

Please follow the link when you apply to find out more about how COVID-19 is impacting Recruitment and On-boarding for applicants.



Closing date: 


Job Segment: Nuclear Engineering, Manager, Project Manager, Engineer, Engineering, Management, Technology

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