At a Glance
- Tasks: Support compliance and risk strategies for a major railway project impacting communities.
- Company: Join East West Rail, a key player in the UK's infrastructure development.
- Benefits: Competitive salary, generous leave, pension contributions, and wellbeing support.
- Other info: Diverse and inclusive workplace committed to your personal and professional growth.
- Why this job: Shape the future of transport while driving economic growth and community connections.
- Qualifications: Experience in commercial compliance and risk management in the public sector.
The predicted salary is between 50000 - 60000 £ per year.
East West Rail is a nationally significant railway project which aims to deliver much-needed transport connections for the vibrant communities between Oxford, Milton Keynes, Bedford and Cambridge.
Together these communities contribute around £111 billion to the national economy each year.
EWR is one of the UK’s largest infrastructure projects, which the government committed to delivering in full in the Autumn 2024 Budget, and again in the 2025 Spending Review as part of its ambition to unlock the potential of the Oxford to Cambridge Growth Corridor.
EWR is being championed by the Government as a key driver to economic growth leading to a potential £78 Billion boost to the UK economy: supporting new towns, housing, and regeneration.
Role Summary
This role will support the Head of Commercial Assurance and Compliance in developing and implementing commercial (procurement, contract management and supply chain) compliance and risk management strategies, and management of the commercial assurance model.
This role involves monitoring and managing effective reporting on commercial compliance, and providing assurance on the effectiveness of commercial control measures across the end-to-end commercial lifecycle.
This role is for someone who loves direct involvement in developing and implementing commercial compliance, risk, and assurance strategies.
Owing to the span of functions, the role provides exceptional breadth and exposure.
You’ll have the opportunity to shape and influence strategic decision-making, ensure value for money and contribute to a transformational railway that will connect communities and drive economic growth for generations to come.
Key Responsibilities
- Support the development and implementation of commercial compliance, risk, and assurance frameworks, identifying improvements and ensuring updates in line with procurement regulations.
- Monitor and report on compliance with internal commercial policies and external regulations such as (but not limited to) PA23 and the Notices therein, PPNs, Df T and HMT policies and Playbooks.
- Conduct risk assessments and develop mitigation strategies related to commercial activities.
- Independently undertake assurance and provide reports (verbal and written) on the effectiveness of the process outputs and deliverables across the commercial lifecycle taking into account best practice, value for money and regulatory compliance.
- Plan and control the execution of assurance undertaken, ensuring it balances the need for commercial activity to progress at speed, whilst also allowing new contractual commitments to be developed effectively.
- Assist and direct external subject matter experts (individual or panel) in the delivery of additional assurance, planning work allocation and reviewing outputs and ensure timely resolution of audit findings.
- Facilitate training and awareness programs on commercial compliance and risk management and building on continuous improvement.
- Prepare and present reports on commercial compliance and risk management to senior management.
- Collaborate with other departments to ensure integrated assurance, risk and compliance efforts.
Skills, Knowledge & Experience
- Experience in commercial and procurement compliance, risk management, and assurance in the public sector.
- Strong understanding of regulatory requirements and industry standards related to commercial activities in the public sector.
- Excellent analytical and problem-solving skills.
- Good level of written and verbal communication skills.
- Competitive salary that reflects your skills and experience
- Up to 12% employer pension contribution to support your future
- 36 days annual leave (including bank holidays) plus the option to buy up to 2 extra days
- 2 volunteering days, a chance for you to give back to the community
- Enhanced family-friendly policies to support you and your loved ones
- Life assurance (4x your annual salary) for peace of mind
- Employee Assistance Programme for confidential support when you need it
- Access to Perkbox for a wide range of discounts and wellbeing benefits
- Recognition programme, including on-the-spot and annual awards
- Advanced learning and development opportunities to help you grow.
- Diversity and Inclusion
At East West Railway Company, we’re committed to building an inclusive railway for all.
We believe that to do that, we must nurture a diverse team that represents the UK communities that we impact.
Our approach is simple - to create an environment where everyone is welcome and able to be themselves.
We celebrate diversity and are proud to be an equal opportunity employer, encouraging applications from all backgrounds and experiences.
If you want to connect lives and unlock the future, then we’d love to hear from you.
#J-18808-Ljbffr
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Compliance, Risk & Assurance Manager
✨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 East West Railway Company looking for candidates who are engaged and informed.
We think you need these skills to ace Commercial Compliance, Risk & Assurance Manager
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 East West Railway Company. 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 East West Railway Company
✨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 East West Railway Company’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
