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Senior Risk Manager

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Job Description

We are looking for a proactive Senior Risk Manager to join a landmark Energy project in Teesside. This role will be based 3 days a week minimum on site in Teesside.

Working for and on behalf of bp, we will be at leading edge of the UK's net zero transition. Through NEP, bp is leading development of the East Coast Cluster, which aims to decarbonize the Teesside and Humber regions and establish a platform for economic growth:

  • The NEP is anticipated to store up to 23 MTPA of CO2 on average at projects peak in 2035.
  • The ECC will facilitate low-carbon power generation and help kick start a UK hydrogen economy which, domestically, aims to unlock £18bn in GVA by 2035*.

The Senior Risk Manager provides 1st Line risk management support and assurance to our Teesside team. You play an important role in supporting Contract/Project teams to implement effective risk management in line with Costain Risk standards and client contractual requirements. This includes undertaking and managing the process of Quantitative Risk Analysis and modelling through contract delivery.

You will play an integral role in supporting the contract/programme team to interface with Sector / Divisional and wider group functional teams and support successful client interactions on project/programme risk management matters.

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Responsibilities

  • You will be integrated in the Client's Teams, and will be responsible for driving the implementation of robust risk and opportunity management, maintaining robust risk management plans, risk registers and leading from the front in the identification and management of delivery focused risks & opportunities.
  • You will work with wider stakeholders to undertake quantitative risk management techniques, including schedule and cost risk analysis, ensuring the project/programme risk exposure is clearly understood whilst managing effective and targeted risk management activities.
  • Communicate and promote the risk management approach to facilitate pre-contract work scope and contract delivery.
  • Undertake complex risk analysis including Quantitative Schedule Risk Analysis, Cost Risk Modelling, and financial modelling.
  • Undertake and supports risk assurance activities including supplier risk data assurance, risk management process maturity assessments and implementing audit actions with the delivery team.

Qualifications

Knowledge, Skills and Experience

Essential

  • Experienced in applying technical subject matter expertise in an practical way to support informed risk management activities across contracts, programmes, and projects through delivery phases.
  • Practical experience of quantitative risk analysis modelling tools and undertaking quantitative Schedule/Cost Risk analysis.
  • Critical modelling experience
  • Experience of working within robust risk management governance & assurance within large projects and programmes.
  • Experience driving day to day application of focused risk management activities within multi-discipline teams.
  • Knowledge and awareness of project planning & controls, quality management and commercial contracting risks.
  • Knowledge and application of wider enterprise risk management requirements at contract / project and programme levels.

Essential

  • Safran licenced software or equivalent
  • Interface with commercial lead and client
  • Risk qualification, for example APM Risk Cert 1&2
  • APM PMQ
  • Or equivalent qualifications or experience

Desirable

  • Master's degree in risk management, project management or relevant technical subject (engineering, science, maths, accounting, or economics)
  • Enterprise Risk qualification, e.g. IRM Cert IIPER CQRM
  • APM Project Planning & Control
  • Axelos Managing Successful Programmes (MSP) Practitioner
  • Or equivalent qualifications or experience

About Us

Costain helps to improve people's lives with integrated, leading edge, smart infrastructure solutions across the UK's energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK's leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.

Costain appreciate the time and effort taken when applying for one of our positions but, due to the high volume of responses, we are unable to provide individual feedback on candidates at application phase.

We do share individual feedback following an interview.

A Disability Confident employer will generally offer an interview to any applicant that disclose they have a disability and meets the minimum criteria for the job as defined by the employer.

It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people.

For more details please go to the Disability Confident website:
https://www.gov.uk/government/collections/disability-confident-campaign

Senior Risk Manager

Costain
Stockton-on-Tees, UK
Full-Time

Published on 23/01/2026

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