lead capex risk controller.

decisions at the highest level of a £1bn transformation?

We are looking for an experienced Risk professional who has operated in large,
complex capital project environments.
You will already know how risk behaves on multi-disciplinary programmes. You'll
understand the link between schedule risk, cost performance and contingency. You
will be comfortable leading QRA workshops, challenging assumptions, building
ICSRA models and explaining what the numbers actually mean to senior decision-
makers.
This is not a compliance role. It is about owning and shaping the risk framework
across a significant capital portfolio and ensuring risk intelligence genuinely supports
delivery.

What you will do
As Lead CAPEX Risk Controller, you will own and develop the risk management
standards, processes and reporting across the TSUK Capital Projects portfolio.
You will:
 Develop and maintain the integrated risk management framework across
CAPEX projects
 Lead qualitative and quantitative risk workshops and produce clear post-
workshop outputs
 Build and maintain ICSRA models to support contingency setting and
decision-making
 Own and manage project risk contingency budgets, tracking releases against
change and baseline
 Provide analysis and insight into cost and schedule threats and opportunities
 Report regularly to senior stakeholders and risk committees on risk
performance and trends

 Carry out project controls assurance audits to assess compliance and
discipline
 Drive continuous improvement in risk tools, digital capability and competency
across the organisation
You will work closely with Project Managers, Schedulers, Cost Controllers and
contract partners to ensure risk is fully integrated into planning, estimating and
forecasting processes.

What you will need
You will bring proven experience as a Risk Engineer or Risk Manager within a large
capital project environment, ideally within construction, heavy industry or the process
sector.
You will have hands-on experience of Quantitative Risk Analysis and ideally Safran
Risk. You will understand risk registers, probability and impact assessment,
contingency modelling and the relationship between cost, schedule and risk
exposure.
Strong analytical capability is essential, alongside the ability to translate complex
data into practical insight for senior stakeholders. A technical degree is desirable,
alongside qualifications such as APM PMQ, PMI-RMP or equivalent.
Just as important is how you operate. You will be confident facilitating workshops,
challenging constructively, and influencing across multiple stakeholder groups. You
will be structured, detail-focused and comfortable working at programme level.

Randstad Business Support is acting as an Employment Agency in relation to this vacancy.