Date: 18 Feb 2026
Location: Endeavour Square, TfL Corporate
Company: TfL, GLA or OPDC
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Key Information
Job title: Senior Risk and opportunity Manager
Salary:Circa £80K + TFL Benefits
Grade: Band 4
Contract type: Permanent Reference: 3708
Team: Risk and Opportunity Directorate: Programme Management Office
Contract details: Full-Time Location*: Endeavour Square/Hybrid*
Application closing date: Friday 27/02/2026 at 23:59
* Hybrid working within this role enables a balance of 50 per cent of time split between the office and home over a 4-week period. Hybrid working arrangements can evolve subject to business requirements.
Overview of project/role
We are seeking an experienced Senior Risk & Opportunity Manager to lead the strategic management of risk and opportunity across a major project, programme, or Project Management Unit (PMU). As the organisation's key specialist in a particular area, you will be accountable for driving effective risk and opportunity practices, optimisation of the projects risk budget, and ensuring the prevention and mitigation of major risk events.
This is a pivotal leadership role, providing direction, insight, and influence to ensure best‑practice risk management is embedded throughout the project lifecycle. You will play a central part in shaping programme outcomes, guiding risk strategy, and supporting decision‑making. The role also includes line management responsibility, leading and developing a team of risk professionals to deliver excellence across the discipline.
Key Accountabilities
* Lead the programme team in developing an intensive, best practice approach to risk & opportunity management.
* Responsible for supporting project teams in carrying out Quantitative Risk Assessments (QRA) and assessing risk apportionment in commercial contracts and procurements relating to project and programme delivery.
* Energise and motivate key members of the project team, to develop a recognised track record for the proactive management of risk & opportunities.
* Ensure the strong integration of all risk & opportunity management information on the project, and proactive support for all major decisions on the project involving risk & opportunity.
* Drive change through the effective influencing of internal and external stakeholders, including associated supply chains, on risk & opportunity matters affecting the project.
* Drive the identification, assessment and mitigation of risks facing the project and its component parts. To undertake this in a proactive, prioritised and holistic manner, providing risk & opportunity management support on a triage basis of need, thereby reducing TfL's risk exposure.
* Ensure there is close integration between safety management, change control, and other programme control activities and help avoid risk & opportunity management acting as a standalone element with overall delivery.
* Lead a team who directly support project delivery to establish a unified and high standard of quality output.
* Demonstrate leadership in equality of opportunity, social inclusion, fair employment and environmental sustainability, creating open, inclusive and engaging environment within MPD and across stakeholders, customers and supply chain.
Skills, Knowledge & Experience
Skills
* Strong leadership and influencing skills to manage and motivate teams in and outside of directorate and embed Risk Management methodology and process in support of delivery of high risk, value and complex project and programmes.
Specific technical skills include:
* Risk/Opportunity and Issue Management (Proficient) -Essential
* Information Management and Reporting (Proficient)
* Stakeholder Management (Proficient) - Essential
* Project Governance (Proficient)
* Compliance and Assurance Management (Proficient)
* Quantitative Risk Analysis (Proficient) - Essential
* Frameworks and Methodologies (Proficient)
* Risk Workshop Facilitation (Proficient) - Essential
* Schedule Risk Analysis (Proficient) - Essential
Knowledge
* Extensive knowledge of and understanding of capital projects and programmes with an emphasis on project controls and how this supports and integrates with a wider high functioning environment. (Essential)
* Extensive knowledge of PPM Systems and Tools. Knowledge of the professional disciplines of programme and project management in the context of complex capital projects.
* Knowledge of current industry best practice, possibly through membership of construction sector special interests groups (Essential)
* Deep knowledge on risk mitigation techniques and project cost risk modelling techniques that are appropriate for use in complex, contractor- based environments. (Essential)
* Deep understanding of the behavioural and psychological issues that inhibit effective mitigation of risk and knowledgeable in the solutions required to overcome these.
* Professional Qualification in Project Management or equivalent (desirable).
Experience
* Significant experience in project and programme risk & opportunity management, including high value heavy engineering and major construction schemes. (Essential)
* Strong leadership experience, where the post holder will have had to influence demanding internal/external stakeholders, large and complex project teams and contractors.
* Experience of project management and leading heavy civil engineering project will also be desirable.
* Experience of successfully embedding cultural and behavioural change (in relation to risk management) from site to programme board level.
Application Process
* You will need to provide both an up‑to‑date CV and a one‑page covering letter as part of your application.
* Please ensure you address how you demonstrate the essential criteria outlined above in the advert. [PDF format preferred and do not include any photographs or images]
Equality, diversity and inclusion
We are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria. We also use anonymising software that removes identifying information from CVs and cover letters to make the process fair.
Vetting Process
At Transport for London, safety, trust and fairness sit at the heart of how we recruit. Our Vetting Charter ) explains the checks we carry out before you join us, helping ensure we create a safe, inclusive and reliable network for everyone who depends on our services. We simply ask that the information you provide is honest and accurate so we can progress your application smoothly. If something doesn't match or can't be verified, we may not be able to move forward with your application, but we'll always treat you with transparency, respect, and clear communication throughout.
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Benefits
In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the level of role but mostly include the below:
Final salary pension scheme
Free travel for you on the TfL network
Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28-day flexi ticket
30 days annual leave plus public and bank holidays
TfL is committed to work-life balance, operating a hybrid working approach where business and role requirements allow
Private healthcare discounted scheme (optional)
Tax-efficient cycle-to-work programme
Retail, health, leisure and travel offers
Discounted Eurostar travel
Hybrid working within this role enables a balance of 50 per cent of time split between the office and home over a 4 week period. Hybrid working arrangements can evolve subject to business requirements.
We will make every effort to give you as much notice as possible, however some interviews/assessments could be organised at short notice.