Commercial Risk & Compliance Manager
Hello! Thanks for stopping by. Let us tell you about all the great reasons to join us here at Yorkshire Water:
* We offer a competitive salary of £55,000 - £70,000, depending on experience.
* A company car lease/allowance scheme (£2,510 cash allowance)
* Annual incentive related bonus (up to 10% of annual salary)
* Private health care (self only)
* Attractive pension scheme (up to 10% company contribution)
* Life assurance cover of 4 times pensionable salary
* 25 days annual leave plus bank holidays - plus an extra wellness day!
* A great benefits package - choose from health cash plan scheme, critical illness insurance, dental insurance, life assurance flex and partner cover.
* Retail savings scheme
* Online GP service, cycle to work scheme, gym membership discounts and many more!
Location: Bradford / Hybrid Working
Work type: Permanent. 37 hours per week, Monday - Friday.
We have an exciting opportunity for a Commercial Risk & Compliance Manager to join the Commercial Services team at Yorkshire Water and be a part of helping Yorkshire Water to provide the best service to our customers. Could this be you?
What we do:
Everyone has an idea of what a water company does. Here in Yorkshire, we make sure that over 5.4 million people living in the region and the millions of people who visit our region each year can rely on our services, and have clean and safe drinking water on tap and that their wastewater is taken away. But for us, it's so much more than this.
We look after communities, protect the environment, and plan to look after Yorkshire's water, today, tomorrow 24/7, 365 days a year. We provide essential water and wastewater services to every corner of the Yorkshire region, and play a key role in the region's health, wellbeing, and prosperity.
New environmental legislation, unprecedented levels of investment and changing expectations from customers means that this is an exciting time to discover opportunities within the water industry. Commercial Services are a key part of how we plan to meet the changing expectations of customers and regulators.
Our Commercial Risk & Compliance Manager is responsible for providing objective and independent risk advice and assurance on the commercial services risk management framework, including the overall responsibility for the capital delivery assurance partners.
You will continually improve and enhance the control framework to advance commercial enterprise-wide compliance performance and reduce risk, alongside providing assurance on the adequacy and effectiveness of controls.
Where you fit in:
As our Commercial Risk & Compliance Manager, you will:
* Lead and manage the Commercial Services risk and controls framework (RACM) and be responsible for the integrity of the Risk Register & Management Book that informs the department of key risks.
* Present all Commercial Risk Management reports and updates, ensuring that all communication is appropriately impactful, balanced and addresses the root cause issues identified providing assurance, setting out clear recommendations that add sustainable economic value.
* Formally undertake commercial investigations in a professional manner, seeking support or feeding into Internal Audit, in line with the Speak Up Policy and Process and/or working with HR in line with the Conduct Policy.
* Be responsible for overseeing the risk management and assurance programme for capital and non-capital to assess supplier health status and financial stability, reporting on industry intelligence to the Manager of Commercial Assurance highlighting key emerging risks and opportunities, such as ESG and sustainability assurance reporting requirements.
* Provide risk management training to the business to ensure that business targets and objectives are met in relation to the capital and non-capital programmes.
* Design the annual compliance monitoring programme for capital and non-capital partners with a clear delivery plan and resource requirements.
* Liaise with the wider business such as the Capital Framework Manager to determine annual assurance consultation budgets and Group Risk Team to ensure the Strategic and Tactical risk register is up to date and represents the true risk management landscape.
* Support the sustainability team with YW's modern slavery and sustainability objectives by managing a commercial risk specialist who will be the lead interface on behalf of the commercial function to facilitate engagement with the supply chain.
What skills & qualifications you will need:
* To be qualified to at least Degree Level.
* Have strong interpersonal skills and the ability to deliver high quality outputs and effectively communicate reports to senior management.
* Be able to analyse and challenge existing frameworks, processes, and controls.
* Knowledge and understanding of Corporate Governance.
* Excellent knowledge and experience of commercial risk management, and a deep awareness of the inherent commercial risks and opportunities.
* Comprehensive knowledge and experience of auditing techniques and best practice.
You will also benefit from having:
* A membership of a professional chartered body (e.g. Accounting, Engineering, CIPS, IIA)
* Experience in managing third party consultants, required to support the delivery of complex commercial audits.
* Knowledge and understanding of policy, procedure and processes and the impact on the business.
* Experience of implementing change initiatives and effectively working within a team to drive performance improvements.
Although we operate 24 hours a day, 365 days a year, it's important to us that we support flexible working patterns and job share options (when we can), to help you make the best of both your work and home life. We know that juggling childcare responsibilities or getting that ideal work/life balance isn't always easy!
Do we sound like your cup of tea?
If you've got experience in Commercial Risk & Compliance Manager and want to help us deliver great service for our customers whilst looking after the environment, then be sure to apply today to find out what a career with Yorkshire Water can offer you.
Closing date - 19th October. We will be interviewing as we go along, so please submit your application if you're interested, as we may choose to close the position sooner.
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