Job Function: Legal, Regulatory and Compliance
The vision in NGV Interconnectors is we accelerate a clean, secure and affordable energy future through world class interconnection and offshore assets.
As a Senior Risk Manager, you'll hold a senior management role within National Grid Ventures' Construction Directorate, focusing on Risk processes for the development and construction of new interconnector projects. Interconnectors are critical infrastructure projects that enable the transfer of electricity between different countries.
You'll manage Risk Management processes across the development and construction phase of interconnector projects, ensuring effective identification, assessment, and management of risks to drive successful project delivery within scope, schedule, and budget.
In this role you can enjoy our hybrid working from office and home. You'll be flexible to travelling to our Warwick and London office as required.
Key accountabilities
* Risk Strategy and Planning: Develop and implement a comprehensive risk management strategy for interconnector construction projects. Collaborate with senior management to align risk management objectives with overall project goals and stakeholder expectations. Establish risk management plans, policies, and procedures that reflect industry best practices.
* Risk Identification and Assessment: Lead the identification and assessment of potential risks and uncertainties associated with interconnector construction projects. Conduct in-depth analyses of project-specific risks, considering elements such as design, procurement, construction methodologies, logistics, and stakeholder management. Utilise advanced risk assessment techniques and tools to evaluate the probability and potential impact of identified risks.
* Quantitative Risk Assessment: Develop and apply quantitative risk assessment methodologies to analyse and quantify risks. Utilise statistical models, simulations, and other quantitative techniques to assess the potential financial, schedule, and performance impacts of identified risks. Provide quantitative risk analysis reports and insights to support decision-making processes.
* Risk Mitigation and Response Planning: Support project teams in developing and implementing robust risk mitigation strategies to minimise the likelihood and impact of identified risks during the project life cycle. Collaborate with project teams, contractors, and stakeholders to devise appropriate risk response plans and ensure their integration into project plans. Provide guidance and support in the implementation of risk mitigation measures.
* Risk Monitoring and Reporting: Oversee the continuous monitoring and tracking of identified risks throughout the construction phase. Ensure the timely reporting of risk status, trends, and mitigation progress to senior management and other relevant stakeholders. Provide strategic insights and recommendations based on risk analysis to inform decision-making processes.
* Risk Governance and Compliance: Establish and maintain a strong risk governance framework within the organisation. Ensure compliance with internal risk management policies, procedures, and regulatory requirements. Drive the development and enhancement of risk management frameworks and practices, fostering a culture of risk awareness and accountability. Cooperate with Regulation and Project Management functions to input Risk data into periodic submission to Ofgem and other regulatory bodies, as applicable.
About you
What we do isn’t just important – it’s essential. That’s why we look to recruit expert leaders in their field. In this case, we’re looking for someone who has:
* Extensive experience in senior-level risk management roles within the construction industry, particularly in large-scale infrastructure projects.
* Strong knowledge of risk management frameworks, methodologies, and tools specific to construction projects.
* In-depth understanding of construction regulations, standards, and best practices.
* Excellent analytical and problem-solving skills, with the ability to think strategically and make informed decisions.
* Experience in quantitative risk assessment techniques and tools, such as Monte Carlo simulations and decision tree analysis.
* Exceptional leadership, communication, and stakeholder management abilities.
* Proven track record of successfully managing and leading cross-functional teams.
* Attention to detail and ability to manage multiple priorities in a fast-paced environment.
* Professional certifications in risk management (e.g., PMI-RMP, CRISC) are highly desirable.
* Bachelor's degree or equivalent in a relevant field such as engineering, construction management, or project management.
What you'll get
A competitive salary between £65,000 – £80,000 – dependent on capability.
As well as your base salary, you will receive a job requirement car, a bonus of up to 15% of your salary for stretch performance and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to a number of flexible benefits such as a share incentive plan, technology schemes, support via employee assistance lines and matched charity giving to name a few.
About us
National Grid Ventures (NGV) is at the forefront of the energy transition. We operate across the UK, Europe and US, developing, operating, and investing in large-scale clean energy infrastructure. We’re helping to accelerate society’s drive towards net zero while maintaining security of supply today.
More information
This role closes on 6 December 2024 at 23:59, however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary. Interviews to be held week commencing 9 and 16 December.
At National Grid, we work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.
Our goal is to drive, develop and operate our business in a way that results in a more inclusive culture. All employment is decided on the basis of qualifications, the innovation from diverse teams & perspectives and business need. We are committed to building a workforce so we can represent the communities we serve and have a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.
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