Portfolio Risk Manager in Warwick

Reimagine how risk powers better decisions across the UK’s most critical energy projects. This isn’t a traditional risk role. As a Risk Manager within our Portfolio Risk & Assurance team, you’ll help redefine how risk is understood, modelled and embedded across a multi‑billion‑pound portfolio of nationally significant infrastructure projects. You’ll move beyond process – using data, innovation and insight to shape decisions at the highest level, influence investment outcomes and strengthen confidence across the business. This is a new role with real freedom to shape the future of risk in Strategic Infrastructure – from evolving frameworks to driving smarter, more integrated ways of working. If you’re ready to challenge convention and help transform how risk supports critical infrastructure – apply today. This role offers hybrid working, with flexibility to travel across England and Scotland for team collaboration.

What you'll be doing

• You’ll join the team leading the shift towards a more forward‑looking, analytics‑driven risk function, including:
• Designing and evolving a modern, portfolio‑wide risk framework that drives insight – not just compliance.
• Delivering advanced cost and schedule risk modelling (QCRA/QSRA) to inform strategic decisions.
• Leading 2nd line assurance in a way that adds value, challenge and clarity.
• Using data to identify trends, emerging risks and systemic insights across the portfolio.
• Integrating risk into planning, finance and commercial decisions – embedding it where it matters most.
• Supporting projects at key moments, including major regulatory submissions and approvals.
• Driving innovation in how risk is captured, modelled and communicated – simplifying complexity for decision‑makers.
• Building and energising a Risk Community of Practice, raising capability and championing new thinking across SI.

What we're looking for

• You’re someone who sees risk differently – not just as mitigation, but as a powerful enabler of better decisions. You’ll bring:
• Experience operating across complex, large‑scale programmes (£500m+) and/or at portfolio level.
• Strong understanding of P3M risk management and portfolio‑level integration.
• Deep expertise in quantitative risk modelling and digital risk tools (QCRA/QSRA).
• Ability to connect project risk with enterprise risk, creating a joined‑up view.
• Strong stakeholder influence – confident challenging, advising and shaping direction.
• A mindset focused on innovation, continuous improvement and smarter ways of working.
• The ability to turn complex data into clear, compelling insight that drives action.

What you'll get

• A competitive salary between £70,000 – £85,000 – dependent on capability.
• An annual performance bonus of up to 30% of your eligible earnings in the performance year.
• 28 days annual leave plus eight statutory days.
• The option to buy additional or sell holiday days.
• A generous contributory pension scheme – we will double‑match your contribution up to 12%.
• Financial support to cover the cost of professional memberships, course fees, books, exam fees and time off for study leave – provided it is relevant to your role.
• Access to flexible benefits such as a share incentive plan, salary‑sacrifice car and technology schemes, support via employee‑assistance lines and matched charity giving.
• Family care benefits including a back‑up care service – six paid days each year, with the option to purchase additional days.
• Access to apps that support health, fitness and wellbeing.

This role closes on 1 June 2026 at 23:59. Interviews will be held on 11 and 16 June 2026. We value diversity and are committed to creating an inclusive workplace for all. We welcome applications from all suitably qualified candidates – we make appointments purely on merit, assessed against objective selection criteria. We support flexible working and will make reasonable adjustments throughout the recruitment process should you have any physical or mental impairment which may affect your ability to participate. Please note that in most cases, National Grid is unable to offer sponsorship for employment under the UK points‑based immigration system. Applicants must have the legal right to work in the UK without requiring sponsorship now or in the future. In exceptional circumstances where specialist skills cannot be sourced locally, National Grid may consider offering sponsorship. All applications are welcome from candidates meeting these requirements, regardless of race, nationality, or ethnic origin.