The Role
This key role will require a broad working knowledge of risk and decision support services including:
1. Dynamic risk-based lifecycle investment plans
2. Risk and Criticality Frameworks
3. Service and Value Frameworks
4. Lifecycle value creation
5. Predictive risk analytics including asset anomaly detection and performance monitoring
These skills and competences will have been gained over several years practical delivery experience in a senior role, either within asset owning organisations, or as an expert advisor to senior leadership teams within client organisations. Ideally you will have a background in working with utility companies. You will lead a group of senior specialists in the day-to-day management of the Risk and Decision Support Team as well as the ongoing development and application of a strategy to grow the team and sales revenue. You will have an aptitude for communicating complex ideas and methodologies to clients, senior management and engineering professionals, and take a lead in growing your team of qualified asset management professionals.
Building Capability
You will drive Vision and Purpose within the risk and decision support service line. Building a diverse and sustainable team of complementary skills and personalities, ensuring the team is appropriately structured and has the current and future ability to thrive. This includes the necessary personal development and succession planning to sustain a high performing team and build business resilience. Given the nature of the business you should also have experience in managing resources across many disciplines/ functions / locations to create solutions for complex problems.
Expert
You will be recognised across the multi-sector Asset Management community as a thought leader in all aspects of risk and decision support. Cultivating a culture of innovation and creative thinking that gives Binnies a unique service offering. Painting a compelling picture of the vision and strategy that motivates others to action and become part of our growing business. You are able to work across Binnies and the RSK Group to build and improve the Community of Practice in their field. Creating new and better ways for clients and organisations to be successful.
Key Duties and Responsibilities
6. Guide the Binnies Risk and Decision Support service according to the Engaged principles, promoting a positive culture and level of well-being.
7. Guide the development, upgrade and management of Risk and Decision Support Products and Services to meet current and emerging opportunities. Utilise your own domain knowledge and engage with other subject matter experts to proactively position our products and services so that they are ready for end user adoption.
8. Working closely with the other directors of service when developing new business, take the lead for building the client relationship and be accountable for ensuring that client relationships are managed and nurtured by the team.
9. New business development: reviewing tender opportunities, bidding and proposal-writing using a value proposition approach.
10. Develop and implement the Risk and Decision Support growth strategy, to include:
11. People: Identify requirements for new roles with ongoing evaluation of the operational effectiveness of the team structure. Develop and agree individual goals and objectives designed to retain and promote high performance by the team.
12. Process: Lead initiatives that plan and question internal processes ensuring that the team are developing ways of working that are scalable, sustainable and will meet industry requirements for our products and services, be innovative and be a shift from traditional solutions to be the best on the market.
13. Collaborative: Oversee the strategic direction of service line decisions and liaise with other Binnies functions and RSK regarding future requirements for leveraging product, service, and market advantage.
14. Finance: Oversee the strategy in maximising value and efficiency to achieve high profit, a level of chargeability that will enable sustainable team growth and contribute to achieving our Binnies1000 goal.
15. Programme management and governance provision for projects and secondments including financial management and quality assurance.
16. Recruitment: Lead the service line recruitment strategy and engagement with Binnies Recruitment to create and sustain the best possible team of professionals.
17. Conferences, awards, thought leadership: Raise the profile of Binnies and input into the Asset Management Marketing Strategy and proposals for conference attendance / award submissions.
Key Relationships
The Director of Risk and Decision Support will work as part of the Asset Management Leadership Team and support the Director of Asset Management.
Critical to the role is the requirement to nurture and support the development of our talented professionals, by helping to develop their career plans and prominence in the target domains and markets for Binnies Asset Management. You will directly manage Principal Consultants who themselves are people managers within the team.
The role also supports the delivery of asset management solutions across the RSK group and therefore it is important that the Director of Risk and Decision Support has the interpersonal skills to develop close, productive working relationships with counterparts in RSK group companies and other partners.
Required Competences:
18. Understanding of risk-based TOTEX decision making and associated methods within asset intensive industries
19. Working knowledge of physical asset lifecycle costing and valuation
20. Ability to lead and make complex, strategic decisions.
21. Business development working with a diverse range of clients and sectors
22. Accomplished people leader, adept at bringing out the best performance from the team whilst also nurturing the individual’s goals and objectives, helping them to push through their perceived limitations.
23. Commercially aware and a successful track record of compiling commercial models and delivering complex programmes against the terms of NEC4 contractual frameworks
24. Effective project management skills and an understanding of consultancy finance metrics.
25. Effective and compelling communicator both written and oral
26. A high level of challenge and questioning ability
27. Demonstrable experience in leading a team through the deployment of innovative technologies and approaches.
Special Requirements
Fellow of the IAM or Registered AM Professional. Or, working towards this status
Essential Requirements
28. Degree or equivalent in engineering, science, or numerate discipline relevant to asset management decision-making
29. Background in technical leadership, communicating complex concepts and solutions to technical and non-technical experts.
30. Successful track record of adapting to new markets and domain areas.
31. Business development and marketing of risk and decision support solutions into complex asset intensive industries
32. Track record of creating successful business cases for development and delivering these.
33. Successful track record of deploying complex and innovative solutions into challenging client organisations, and the business process change associated with the deployment of new solutions.
34. Experience of building a team and line management.
35. Proven ability to be the main point of contact with senior client representatives.
36. Agile working
37. Successful track record of Programme governance
38. Track record of delivering innovation
39. Experience of a technical environment (engineering, science-based domains)
40. In depth understanding at Level 2: Leading Practitioner of Roles 1 – 3 of the IAM Competence Framework:The Leading Practitioner will hold senior responsibility in an asset management role and typically will be, the leader responsible for developing and/or delivering an organisation’s asset management activities. In an organisational context, the Leading Practitioner should normally contribute to, or be responsible for, the professional development of new entrants to the discipline.
41. https://theiam.org/knowledge-library/competences-framework/
42. Team building and recruitment
43. Project management and finance
44. Bid-writing, marketing and presenting to highly influential audiences
45. Ability to create compelling value propositions
46. Influencing
47. Develop viable strategies, including commercial and partnership strategies
48. Decision-making
49. Excellent interpersonal skills and relationship building skills
50. Resilient to the challenges of digital solution development
51. Proactive, positive attitude with the ability to work with a wide range of personalities and disciplines
52. Ability to challenge the status quo; look at things differently and promote new ways of thinking
53. Genuine desire to nurture new talent.
Desirable Requirements
54. Member of the Institute of Asset Management
55. Fellow of an institution relevant to our area of work (e.g. IAM, IET, ICE, CIWEM)
56. Experience of creating innovative risk and decision support solutions for the water / industrial / energy / transportation sector
57. Experience of working within the utilities industry
58. Project management (PRINCE2 or APM)
59. Knowledge of the water utility sector and regulatory framework
Benefits
60. 9 day working fortnight
61. Flexible working to fit around your life
62. Performance related bonus
63. Excellent working culture
64. 1 paid volunteering day per year
65. Learning and Development Support
66. 2 paid professional memberships