At a Glance
- Tasks: Ensure procurement governance and compliance while managing forums and drafting policies.
- Company: Welsh Water, committed to quality and integrity in procurement.
- Benefits: 34 days annual leave, enhanced pension contributions, and health benefits.
- Other info: Opportunities for progression with funded training and coaching.
- Why this job: Join a vital role ensuring compliance and making a difference in procurement processes.
- Qualifications: Degree in a relevant field and experience in governance or compliance.
The predicted salary is between 40000 - 50000 £ per year.
Overview of responsibilities and requirements for the procurement governance, assurance and compliance role.
Responsibilities:
- Assure the quality, completeness and consistency of papers submitted to procurement governance and assurance forums, providing clear feedback where standards are not met.
- Manage the operation of procurement governance and assurance forums, including schedules, agendas, minutes, actions and terms of reference.
- Draft, maintain, assure and coordinate the publication and communication of procurement policies and related guidance.
- Ensure Welsh Water procurement and corporate policies are applied and evidenced consistently across all procurement activity.
- Check procurement activity against agreed policy, governance and approval requirements before it progresses through governance.
- Review submissions, forms and supporting information to confirm required controls, approvals and evidence are in place.
- Record assurance outcomes, actions and evidence so that gaps are clear and can be addressed before escalation, audit or approval.
- Police supplier compliance with due diligence and mandatory requirements through the use of systems, data and controls.
- Maintain the accuracy, integrity and completeness of supplier compliance records and databases.
- Monitor supplier compliance status and risk indicators, engaging with suppliers to address failures or lapses.
- Escalate and apply appropriate controls where suppliers fail to meet required standards.
- Maintain procurement governance, assurance and compliance information to an audit- and legal-ready standard.
- Coordinate responses to audit, legal and regulatory enquiries by collating accurate, complete and well-evidenced information.
Qualifications:
- Degree level or equivalent in a commercial, analytical, economics, data or procurement-related discipline.
- Experience of governance, assurance or compliance activity within a procurement or commercial function.
- Working knowledge of procurement governance, controls, decision rights and assurance methods.
- Excellent communication, judgement and influencing skills.
Benefits:
- 34 days annual leave (pro rata, 26 days + 8 public holidays).
- Variable pay schemes.
- Option to buy additional annual leave up to 5 days per year.
- Enhanced employer pension contributions – up to 11%.
- Health and wellness benefits including employee assistance program.
- Progression opportunities including funded training and coaching.
Policy, Risk & Assurance Lead in Newport employer: Dwr Cymru Cyf
Welsh Water is an exceptional employer, offering a supportive work culture that prioritises employee well-being and professional growth. With generous benefits such as 34 days of annual leave, enhanced pension contributions, and health and wellness programmes, employees are empowered to thrive both personally and professionally. The role of Policy, Risk & Assurance Lead provides a unique opportunity to contribute to vital governance processes while enjoying a collaborative environment in a company committed to sustainability and community impact.
StudySmarter Expert Advice🤫
We think this is how you could land Policy, Risk & Assurance Lead in Newport
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Dwr Cymru Cyf looking for candidates who are engaged and informed.
We think you need these skills to ace Policy, Risk & Assurance Lead in Newport
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Dwr Cymru Cyf. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Dwr Cymru Cyf
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Dwr Cymru Cyf’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
