Risk Lead

Pegasus Search & Selection

Associate Director – Risk Lead

Project Controls Consultancy | Major Infrastructure Projects | London-Based

£75,000 – £100,000 depending on experience (negotiable)

We’re recruiting for an Associate Director-level Risk Lead to support the delivery of major infrastructure programmes. This London-based role sits within an integrated project controls function and is focused on leading risk management strategy and delivery for complex projects operating under NEC contracts.

Key Responsibilities:
• Lead risk management services across major infrastructure projects, including risk identification, assessment, mitigation planning, and monitoring

• Deliver cost and schedule quantitative risk assessments (QRA) using tools such as @Risk, Primavera Risk Analysis, and Safran Risk

• Develop and maintain risk management plans and reporting in alignment with NEC contract requirements and client governance processes

• Facilitate risk workshops and reviews with project teams, supply chain partners, and client stakeholders

• Provide expert advice on risk strategy, process integration, and the interface between risk, cost, schedule, and change control

• Manage and mentor risk professionals and contribute to the development of risk capability across the team

• Support programme-level reporting and assurance activities, contributing to clear risk communication and informed decision-making

• Input into proposals, bids, and refinement of internal risk methodologies and tools

Requirements:
• Substantial experience in a senior risk role on infrastructure programmes, ideally within the transport, water, or utilities sectors

• Strong knowledge of NEC contract forms and their application in a risk and project controls context

• Proficient in both qualitative and quantitative risk analysis, with a track record of delivering QRAs and risk reporting at project and programme level

• Skilled in the use of risk tools such as @Risk, PRA, and Safran, and understanding of wider project controls systems

• Experience leading client engagement and delivering risk services in a consultancy or client-side environment

• Relevant professional qualifications or certifications (e.g. APM Risk Certificate, PMI-RMP, MoR) preferred

What’s on offer:
• A collaborative, experienced project controls team environment with strong peer support

• The opportunity to lead and contribute to nationally significant infrastructure programmes

• Hybrid working arrangements with a London office base and flexible client-facing expectations

• A competitive salary between £75,000 and £95,000 depending on experience (negotiable)

• Exposure to a range of high-profile clients and programmes in regulated and public sector environments