Risk Manager

STRABAG Real Estate GmbH; City of Edinburgh; On-site; GBP 50,000 - 70,000; Full time

Job summary

A major construction company in the UK is seeking a Risk Manager to develop and implement risk management frameworks for high-value infrastructure projects. The successful candidate will lead risk workshops, provide data-driven insights, and ensure compliance with regulatory requirements. Strong expertise in risk analysis and effective communication skills are essential for this role.

Qualifications

• Strong understanding of infrastructure project lifecycles.
• Ability to translate complex data into practical insights.
• Experience in developing risk management frameworks.

Responsibilities

• Develop and maintain the project’s Risk Management Plan.
• Lead structured risk workshops across various phases.
• Prepare risk-adjusted cost estimates and schedule forecasts.

Skills

Quantitative risk analysis (QRA)

Risk software proficiency

Analytical problem solving

Workshop facilitation

Stakeholder engagement

Clear communication

Job description

If you are an ambitious Risk Manager looking for a new challenge within a major civils engineering world and would like to help shape future of STRABAG, then please read the below job description.

• Strong understanding ofinfrastructure project lifecycles (design, procurement, construction,commissioning).
• Expertise inquantitative risk analysis (QRA).
• Proficiency with risksoftware
• Familiarity with projectcontrols (cost/schedule management).
• Analytical problemsolving.
• Clear written and verbalcommunication.
• Workshop facilitationand stakeholder engagement.
• Ability to translatecomplex data into practical insights.

STRABAG - Work On Progress: Becoming Climate Neutral by 2040.

The Risk Manager is responsible for developing,implementing, and maintaining the project-wide risk management framework on ahigh-value infrastructure program. This role ensures that risks to cost,schedule, quality, safety, and strategic objectives are identified early,assessed accurately, and effectively managed. The Risk Manager supports seniorleadership by providing clear, data-driven insights for informeddecision-making throughout the project lifecycle.

• Develop, implement, andmaintain the project’s Risk Management Plan, procedures, and governancestructure.
• Ensure alignment withrelevant standards
• Establish tools andsystems for risk identification, tracking, analysis, and reporting.
• Lead structured riskworkshops across design, engineering, procurement, construction,commissioning, and operations interface.
• Develop and maintain acomprehensive risk register covering strategic, operational, technical,commercial, environmental, and regulatory risks.
• Capture both threats andopportunities.
• Deliver quantitativeassessments using techniques such as Monte Carlo simulation for cost andschedule risk analysis.
• Prepare risk-adjustedcost estimates, schedule forecasts, and scenario models.
• Work with disciplineleads to define clear mitigation strategies and contingency actions.
• Assign risk owners andtrack the implementation and effectiveness of mitigation plans.
• Provide recommendationsfor optimizing risk allocation in procurement and contract strategies.
• Coordinate with cost,schedule, and performance management teams to ensure risk informationinforms:
• Schedule float andcritical path analysis
• Support the developmentof risk-adjusted business cases and funding submissions.
• Maintain an up-to-daterisk register with accurate status of risks and mitigations.
• Lead periodic riskreview sessions and trend analysis.
• Provide regular riskreports to project leadership, steering committees, and externalstakeholders.
• Develop dashboards andheat maps to support clear communication of risk exposure.
• Support internal andexternal assurance reviews, audits, and stage-gate approvals.
• Ensure compliance withregulatory, environmental, and safety requirements.
• Contribute tolessons-learned processes and continuous improvement.

We stand for respect, partnership, and sustainability, creating a work environment that promotes safety, health, and development. Our committed and healthy employees are our most valuable asset – the foundation for sustainable growth and innovation. With our "People. Planet. Progress." strategy and the motto WORK ON PROGRESS, we drive change forward – with the goal of climate neutrality by 2040.