Senior Risk Manager

Job title: Senior Risk Manager  

Salary:  £85,000  

Grade: Band 4 

Contract type: Permanent   

Reference:  SF5632 

Contract details:  Full Time                         

Location: Palestra/Southwark/ Hybrid 

Application closing date: 18th of October @23:59 

External - All offers of employment are subject to satisfactory right‑to‑work checks.  Candidates must be able to demonstrate their right to work in the UK.  At the present time TfL is unable to offer visa sponsorship for this role.  

About the role 

The Enterprise Risk Management (ERM) function supports TfL in understanding and managing its most significant risks, enabling informed decision making, prioritisation of resources and delivery of TfL's strategic objectives. 

As Senior Risk Manager, you will lead a team of Risk Managers and be accountable for driving TfL's enterprise and strategic risk management activities. You will oversee the management of key strategic risks, operational and asset risk management, provide high-quality risk reporting and insight to senior governance forums, and support risk-informed decision making across the organisation. 

You will act as a trusted adviser to senior leaders, providing expert risk advice and constructive challenge. The role requires strong leadership, stakeholder management and communication skills, with responsibility for presenting complex risk information clearly and succinctly to the Executive Committee, TfL Board, Audit and Assurance Committee and other senior forums. 

You will also ensure strong alignment between Enterprise Risk Management, Internal Audit and other second-line functions, supporting continuous improvement in risk management practices across the TfL Group. 

About you 

We are looking for an experienced and credible risk professional with a strong track record of leading high-performing teams and delivering strategic risk management in a large and complex organisation. 

You will bring: 

• Deep knowledge of enterprise and strategic risk management principles, frameworks and best practice. 

• Strong leadership capability with experience developing teams and driving continuous improvement. 

• Excellent judgement, influencing and stakeholder management skills, including engagement with Executive, Board and Committee-level audiences. 

• Outstanding written and verbal communication skills, with the ability to translate complex risk information into clear, actionable insights. 

• The confidence and credibility to provide independent challenge and support strategic decision making. 

• A degree-level qualification and a relevant professional qualification such as IRM, MBA, CCAB/CIMA or equivalent. 

Key accountabilities 

• Lead the development, implementation and continuous improvement of TfL's Enterprise Risk Management Framework, policies, processes and culture. 

• Lead, coach and develop a high-performing team of risk professionals. 

• Provide strategic risk leadership, advice and support across TfL's operating businesses. 

• Develop and maintain TfL's approach to risk appetite and tolerance, supporting effective communication and embedding across the organisation. 

• Prepare and present high-quality risk reports, deep dives and governance papers for the Executive Committee, TfL Board, Audit and Assurance Committee and other senior forums. 

• Lead strategic risk reviews, projects and reporting activities that support key organisational priorities and decision making. 

• Provide independent challenge and expert advice to senior leaders to improve risk management and mitigation activities. 

• Maintain strong alignment between Enterprise Risk Management, Internal Audit and other assurance functions to support effective governance and continuous improvement. 

Develop risk capability across TfL through training, workshops, facilitation and other engagement activities that embed risk management into decision making. 

Knowledge 

• Degree-level education (Essential). 

• Relevant professional qualification (e.g. IRM, MBA, CCAB/CIMA or equivalent) (Essential). 

• In-depth knowledge of enterprise and strategic risk management principles, frameworks and practices (Essential). 

• Knowledge of recognised risk management standards and frameworks (e.g. ISO 31000, IRM guidance) (Essential). 

• Commercial awareness and understanding of the financial impact of strategic risks (Essential). 

Skills 

• Excellent leadership and people management skills. 

• Strong strategic thinking, analytical and problem-solving capability. 

• Ability to influence, challenge and build credibility with senior stakeholders. 

• Exceptional written communication skills, including preparation of Board and Executive-level reports and papers. 

• Excellent presentation and facilitation skills, including delivery to senior governance forums. 

• Ability to communicate complex risk matters clearly to both technical and non-technical audiences. 

• Ability to design and implement innovative approaches to risk management, training and engagement. 

Experience 

• Significant experience in enterprise and strategic risk management (Essential). 

• Experience leading and developing professional teams (Essential). 

• Experience preparing and presenting risk reporting to Executive, Audit Committee, Board or equivalent governance forums (Essential). 

• Experience building effective relationships and influencing senior stakeholders in a complex organisation (Essential). 

• Experience operating in a large, complex and commercially focused environment (Essential). 

• Experience driving organisational change and improving risk maturity (Desirable). 

Application Process  

• Please apply using your CV only  

PDF format preferred and do not include any photographs or images  

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
  
  
  
  

Vetting Process 

At Transport for London, safety, trust and fairness sit at the heart of how we recruit. Our Vetting Charter (https://tfl.gov.uk/corporate/careers/our-vetting-process) 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.

Equality, diversity and inclusion 

We are committed to equality, diversity and inclusion and aim to reflect the diverse communities we serve. We believe that a diverse workforce enables us to deliver better services and outcomes. Our goal is to make our recruitment as inclusive as possible. As a Disability Confident Leader, we actively encourage applications from disabled people. As part of the Disability Confident scheme, we aim to offer an assessment or interview to candidates who apply via the scheme where the minimum essential criteria for skills, knowledge and experience has been met. In some circumstances, it may not be practical to offer an interview or assessment to every candidate who applies through the scheme and meet the minimum essential criteria; in these situations, we select candidates who best meet the minimum criteria for the job rather than interviewing all who meet them.

Across all recruitment activity, we recognise that selection methods may vary depending on the nature and scale of the campaign and will be applied fairly, consistently and proportionately in line with our Disability Confident commitments.   

We also use anonymising software that removes identifying information from CVs and cover letters to make the process fair.