You role here will be to develop the existing risk plan with a focus of moving that plan into practical delivery.This means being commercially focused – looking at risk items that actually add value to the business rather than just ticking a regulatory box.The key piece for you in all this will be in setting up the frameworks and then owning & maintaining the risk register.Key Risk AreasSo, what are the risks at play here and by extension how is your role central in the business? Simply put, these risks can be broken down into 3 core levels.Corporate RiskBusiness RiskProject RiskYour overall goal here will be to develop an integrated risk framework – where risks at the project level feed into the business unit which in turn feed up into the corporate risk register – and then flowing in the opposite direction also so that every level of the business is full aligned.Corporate Risk – this is at the higher more strategic risk level. Basically, what’s on the board’s agenda for assessing the broader economic environment and how the overall group is performing against this background. For you this means ensuring the structures are in place for the board to have all the information and tools they need on this- essentially are the right communication channels there for the senior management team to be able to make decisions.Business Risk - What are the risks to the business continuing to operate as it currently does and doing so profitably. This is a bit more inward‑looking. At a basic level this is the operational risks to the business. This can include everything from people risks, attracting and retaining the right talent to legal or regulatory risk and then even moving into any financial risks that may affect operations.Project Risk - This is a case of managing any risks to the actual delivery of the projects that are ongoing. For you, this means overseeing the project risk register – you'll be setting up a framework for the granular risks of each project to be controlled and estimated. Your role here is actually pivotal in how the whole company operates because this project risk register is intrinsically linked to deciding the contingency estimates built into each project…which obviously in turn links into pricing up the profit margin and finalising the contract terms for each job.Your BackgroundProven experience in a commercial environment as an Enterprise Risk Manager or similar role.Demonstrable negotiating and influencing skills.A commercial mindset and demonstrable ability to work with varying levels of experience in risk management.
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