At a Glance
- Tasks: Identify and mitigate risks while ensuring compliance with legal and internal policies.
- Company: Join National Grid, a leader in the energy transition and sustainability.
- Benefits: Competitive salary, performance bonuses, flexible benefits, and a strong pension scheme.
- Other info: Diverse and inclusive workplace with excellent career growth opportunities.
- Why this job: Make a real impact in a dynamic environment focused on clean energy and compliance.
- Qualifications: Part-qualified in risk management or related fields; experience in compliance is a plus.
The predicted salary is between 43200 - 60000 £ per year.
The role
At National Grid, we keep people connected and society moving. But it\’s so much more than that. National Grid provides the environment for our teams to thrive and make a real impact. As we drive momentum in the energy transition for all, we are committed to ensuring that every employee feels empowered and engaged. So, join us as an EBS Risk & Compliance Analyst, and find your superpower.
An exciting opportunity has arisen for a Risk & Compliance Analyst to join the Global Capabilities team. Enterprise Business Services (EBS) is at the heart of National Grid and prides itself as a quality provider of efficient and effective services to the whole of National Grid.
The Risk and Compliance Analyst will be responsible for identifying, assessing, and mitigating risks within EBS in line with the Enterprise Risk Management (ERM) framework. The postholder will seek assurance across EBS over compliance with legal & regulatory requirements, internal policies, data privacy, business continuity plans and other relevant requirements.
Please note that this role is based out of our Warwick on a hybrid working basis. We\\\’re happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you.
What you\\\’ll do
The Risk & Compliance Analyst will support the development, implementation and continuous improvement of a comprehensive Enterprise Risk Management framework and delivery of the roadmap for EBS, that encompasses monitoring of risk and controls, legal and regulatory obligations, compliance policies and ethics requirements, including:
- Support with identifying, assessing, and mitigating risks, including regular reviews, updating risk registers (within GRC Archer).
- Support with implementation of appropriate controls to mitigate all identified risks.
- Support with fraud and bribery risk assessments.
- Monitor EBS compliance with legal & regulatory requirements and internal policies; provide guidance on key compliance queries, ensuring any compliance issues are tracked, monitored, managed, and successfully remediated.
- Perform 1st Line Assurance reviews, including key controls monitoring and reporting, for example,
- single/sole source compliance; mandatory compliance training; gifts and hospitality, data privacy; business continuity, conflict of interest /related parties, other key ethical requirements.
- Work alongside EBS operational teams to minimise the impacts of any compliance breaches, taking the lead to ensure the situation is fully investigated, remediated, and communicate breach alerts to relevant stakeholders.
- Prepare reports on risk management and compliance activities for management.
- Collaborate with various departments to ensure compliance with legal, regulations and internal policies.
- Work with the Group Risk and Compliance Team to ensure EBS remains up to date on all risk and compliance developments, compliance reminders, lessons learned, policy guidance.
- Work alongside Business Conduct and Ethics, to ensure ethical standards are embedded across EBS.
What you\\\’ll have
- Part qualified in Institution of Internal Auditors, or Institute of Risk Management (IRM) or Degree or equivalent in Law, Accounting, Business, Finance, or related field are welcome to apply.
- Experience in risk management, internal controls, and compliance or a related area.
- Knowledge of relevant regulations and compliance standards will be an advantage.
- Strong analytical and problem-solving skills.
- Excellent communication (verbal and written), interpersonal skills, and stakeholder management.
- Proactive self-starter with the ability to manage own workload, to meet deadlines and desired levels of quality.
- Ability to manage multiple projects and priorities in a fast-paced environment.
Don\\\’t meet every single requirement? Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification. At National Grid, we are committed to building a diverse, inclusive, and authentic workplace for everyone. So, if you\\\’re excited about this role but your experience or qualifications don\\\’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.
What you\\\’ll get
Up to £51,000 dependent upon experience.
As well as your base salary you will receive a bonus based on personal and company 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, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.
About us
National Grid is pioneering ways to decarbonise the energy system; from building interconnectors to allow the UK to share clean energy with our neighbours in Europe, to investing in renewable energy generation in the United States.
As one of the largest investor-owned energy companies in the world, National Grid is at the centre of a clean, fair and affordable energy future, where tackling climate change and reaching net zero is a key priority. National Grid is pioneering ways to decarbonise the energy system; from building interconnectors to allow the UK to share clean energy with our neighbours in Europe, to investing in renewable energy generation in the United States.
Inclusion and Diversity is not just about race, ethnicity, gender, or sexual orientation. It is about our employees who wake up every day to serve our 20 million customers. At National Grid, we aim to create an environment where everyone is welcomed for who they are and where our differences are not only accepted but are celebrated. We understand the value that a diverse team can add to our organisation and that is why we model inclusive behaviour starting with senior leadership. National Grid utilises the insights of our employees that come from all different cultures, backgrounds, and beliefs to better serve our customers and communities who are in the fore front of everything we do.
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Further information
The closing date for this vacancy is midnight 22 October with interviews due to take place from 27 October onwards. We encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid\\\’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.
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EBS Risk and Compliance Analyst employer: National Grid
Contact Detail:
National Grid Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land EBS Risk and Compliance Analyst
✨Tip Number 1
Network like a pro! Reach out to current employees at National Grid on LinkedIn or other platforms. Ask them about their experiences and any tips they might have for landing the EBS Risk & Compliance Analyst role.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of risk management and compliance standards. We recommend creating a list of potential questions and practicing your answers with a friend or in front of a mirror.
✨Tip Number 3
Show your passion for the energy sector! During your interview, share your thoughts on the energy transition and how you can contribute to National Grid's mission. This will help you stand out as a candidate who truly cares.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email expressing your appreciation for the opportunity can leave a lasting impression and show your enthusiasm for the role.
We think you need these skills to ace EBS Risk and Compliance Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the EBS Risk & Compliance Analyst role. Highlight any relevant qualifications, especially in risk management or compliance, to show us you’re a great fit!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're excited about this role at National Grid and how your background makes you the perfect candidate. Be genuine and let your personality come through.
Showcase Your Analytical Skills: Since this role involves a lot of risk assessment and compliance monitoring, make sure to include examples of how you've used your analytical skills in past roles. We want to see how you tackle problems and find solutions!
Apply Early!: Don’t wait until the last minute to submit your application. We encourage you to apply as soon as possible through our website. This way, you’ll have the best chance of standing out before the closing date!
How to prepare for a job interview at National Grid
✨Know Your Risk Management Framework
Familiarise yourself with the Enterprise Risk Management (ERM) framework that National Grid uses. Be prepared to discuss how you can contribute to identifying, assessing, and mitigating risks within EBS, as this will show your understanding of the role's core responsibilities.
✨Showcase Your Analytical Skills
Prepare examples from your past experiences where you've successfully analysed risks or compliance issues. Highlight your problem-solving skills and how you've implemented controls to mitigate risks, as this will demonstrate your capability in handling the responsibilities of the position.
✨Communicate Effectively
Since excellent communication is key for this role, practice articulating your thoughts clearly and concisely. Be ready to explain complex compliance concepts in simple terms, as you'll need to collaborate with various departments and stakeholders.
✨Emphasise Your Proactive Approach
National Grid values proactive self-starters. Share instances where you've taken the initiative to improve processes or address compliance issues before they escalated. This will illustrate your ability to manage your workload effectively and meet deadlines.