Asset Risk Engineer

An opportunity is available for an Asset Risk Engineer reporting to the Asset Risk Manager based in any main depot with the National Grid Electricity Distribution footprint.

If successful, you will be assisting to implement and update an integrated asset risk management framework for National Grid Electricity Distribution. You will be working with the local teams to gain insight into 6 risk categories and how these can give a complete view of the risk of multiple asset classes on the Distribution Network. This will involve discussions, analyzing risks as well as identifying, describing, and estimating the asset risks affecting the business. As the asset risk subject matter expert, you will be providing insight for the Asset Management teams to enable effective risk-based decision-making when formulating multimillion-pound investment plans.

As part of our hybrid working approach, this role offers a mix of office and home working. Hybrid working can only be considered once your initial training is complete and is subject to business need.

Depending on experience, you may initially be appointed at a lower salary until all relevant courses and training are complete.

About Us
We’re National Grid Electricity Distribution (NGED), the owner and operator behind the electricity distribution systems for the Midlands, the Southwest of England, and South Wales. Serving communities of more than 8 million people, our expert teams deliver heat, light, and power for homes and businesses.

National Grid employs over 29,000 people worldwide. We are building an inclusive workplace, a place to actively celebrate the cultures, personalities, and preferences of our colleagues – who in turn help to build the success of our business and reflect the diversity of the communities we serve. Our vision is to be at the heart of a clean, fair, and affordable energy future and we are doing this in a fast-moving industry with an increasing focus on tackling climate change, exploring new energy sources that are renewable, low carbon, and improve efficiency to meet demand.

Main Responsibilities

1. Carrying out risk assessments on a range of different assets within the business.
2. Evaluating risk by comparing estimated risks with criteria established by the organization such as costs, legal requirements, and environmental factors.
3. Assessing assets against the organization's 'asset risk appetite', i.e. the level of risk we are prepared to accept.
4. Reporting risk in an appropriate way for different audiences.
5. Undertake audits of policy and compliance to standards, including liaison with internal and external auditors.
6. Ensuring the Integrated Asset Risk Management Framework is effectively populated and implemented.
7. Proactively advocate the Integrated Asset Risk Management Framework, ensuring awareness and adoption.
8. Carrying out reviews to compare assessed asset risk levels with asset performance metrics, and where necessary investigate sources of discrepancy and take appropriate action to improve the framework.
9. Escalate using the agreed process asset risks being outside risk appetite.
10. Ensure risks requiring further mitigation are transferred into the service planning process.
11. Support the development of risk models (e.g. degradation models, Health and Criticality matrix) to ensure the outputs can map into the Integrated Asset Risk Management Framework.
12. Provide the data and analysis for a quarterly Asset Risk Report to Exec level with narrative and insights, using leading and lagging indicators as appropriate.
13. Act as the Subject Matter Expert for technical risk assessments and the development of fit-for-purpose risk management strategies.
14. Developing strong relationships with stakeholders at all levels. Regularly engage with key stakeholders, ensuring they have appropriate output from the Integrated Asset Risk Management Framework to enable them to make effective decisions.
15. Provide support, education, and training to staff to build risk awareness within the organization.

The Ideal Candidate

1. Excellent communication and interpersonal skills including report writing, presentation skills, and an ability to communicate at all levels.
2. PC literate – Proficient in the use of Microsoft Office applications including Word/Excel.
3. Full UK Driving licence preferred but not essential.

Proven knowledge and experience in:

1. Implementing and utilising risk strategies.
2. Implementing risk controls.
3. Risk Analysis.
4. Monitoring and reporting risks.
5. Building professional relationships.

National Grid Electricity Distribution is committed to safeguarding the interests of the Company, colleagues, and customers. This role is subject to a satisfactory Barring Service (DBS) check; depending on the role different levels of screening and vetting are required. Some roles require a triannual check.

Interviews will take place on the 26th & 27th February.

About The Company
Joining the UK’s leading electricity distribution business means plenty of career opportunities and well-deserved recognition. We reward hard work and encourage ambition. So, as well as a competitive salary, you will also benefit from:

1. 26 days paid leave plus 8 bank holidays, up to 28 days with continuous service.
2. Competitive contributory pension scheme (we double match your contributions up to a maximum of 12%).
3. Annual Share Save plan.
4. Contributory private healthcare scheme for you and your family.
5. Support via our Employee Assistance Programme, including musculoskeletal and physiotherapy services.
6. Free on-site parking at all our main sites.

Things you need to know

As an equal opportunities employer who is committed to Diversity, Equity, and Inclusion, we celebrate individual difference and are actively bringing in more employees from diverse backgrounds to build on our inclusive culture. We anonymise all applications in our recruitment system so we can eliminate unconscious bias and be a workplace that reflects the community we serve. Hiring managers only have access to necessary information at the interview stage. If you require additional support to complete your online application, please email nged.recruitment@nationalgrid.co.uk.

Recruitment correspondence is usually sent by email; please check your email account including spam/junk folders regularly after the closing date.

We reserve the right to close the vacancy early should sufficient numbers of suitable applications be received, so it would be best to apply as soon as you can.