At a Glance
- Tasks: Support risk management and assurance through controls testing and project work.
- Company: Join National Grid, a leader in utilities with a commitment to diversity and inclusion.
- Benefits: Competitive salary up to £60k, bonus potential, and flexible benefits.
- Other info: Opportunities for career growth and a supportive work environment.
- Why this job: Make a real impact on risk management while enjoying a hybrid working model.
- Qualifications: Professional Assurance Qualification and over 3 years of relevant experience required.
The predicted salary is between 60000 - 60000 £ per year.
This role is part of the Chief Risk Office and operates on a hybrid working model that combines office‑based and remote work. Reporting into the Group Assurance leadership team, it plays a key part in strengthening risk management and assurance across the National Grid Group.
About The Role
- Support the delivery of the organisation’s Group-wide controls testing programme over Group Principal Risks (GPRs) and their child Business Unit Principal Risks, ensuring conformance with internal policies, methodology, and relevant regulations, including Provision 29 of the UK Corporate Governance Code 2024.
- The Lead / Senior Analyst will work with the Group Assurance team and key stakeholders to execute the controls testing plan, raise findings, evaluate severity, and report to the Line Manager.
- In addition to the testing program, the role will also be involved in project work to optimise and standardise internal controls, support the design and implementation of new controls, and promote a culture of risk awareness and continuous improvement.
- The controls testing team will coordinate with the Enterprise Risk Management team to provide a holistic view of risk management.
Key Accountabilities
- Support the annual planning process for Group-wide assurance activities, including gathering data and preparing materials for the manager’s review.
- Execute controls testing in line with internal methodology for Group, Business Unit, and selected Group Function level controls as directed by the Group Assurance team.
- Prepare and maintain documentation in line with good practice related to controls testing, evidence, findings, and remediation activities.
- Engage with stakeholders through information requests, follow up inquiries and providing guidance, and challenge in respect of controls, under the direction of the Group Assurance Manager.
- Provide recommendations for remediation work required and conduct initial review of Remediation Plans prepared by the business where required.
- Monitor Remediation Plans and ensure appropriate and timely closure. Escalate concerns internally to ensure risk exposures are being managed effectively and efficiently.
- Prepare draft reports and summaries on the status of execution, significant findings, and remediation progress for review by the Group Assurance Manager.
- As needed, collaborate on controls and assurance projects including advising and supporting the design and implementation of controls, for example where new Principal Risks are identified, or Principal Risks change in nature.
About You
- Professional Assurance Qualification, e.g., Chartered Accountant (CA), Certified Public Accountant (CPA), Certified Internal Auditor (CIA) or equivalent.
- Bachelor’s / Graduate Degree.
- Over 3 years’ experience in controls testing or assurance field (including practice and industry).
- Controls testing expert with strong technical knowledge from relevant qualification and experience e.g. Accounting, Internal or External Audit Qualification. Able to work autonomously and deliver on plan.
- Excellent personal project management skills able to work across multiple workstreams with different Business Units and Functions and provide clear and accurate communication of progress, milestones, issues and outcomes.
- Can perform root cause analysis during evaluation of finding and provide recommendations around severity and remediation required.
- Experience in using Governance Risk and Compliance (GRC) tooling and reporting for controls testing. Should also have strong grasp of visualisation tools (primarily PowerBi).
- Good stakeholder communication skills and experience. Able to communicate clearly and accurately (both verbal and written) to document work performed and explain findings and issues in simple business terms.
- Experience in Utilities or related industries preferred.
What You'll Get
A competitive salary of up to £60k – dependent on experience. In addition to the base salary, a bonus of up to 25% of your salary for stretch 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, a salary sacrifice technology scheme, support via the employee assistance line and matched charity giving to name a few.
More Information
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 in the process.
Please note that in most cases, National Grid is unable to offer sponsorship for employment under the UK points-based immigration system. As such, applicants must have the legal right to work in the UK without requiring sponsorship now or in the future under the UK points-based immigration system. However, in exceptional circumstances where there is a clear and demonstrable need for specialist skills that cannot be sourced from the local labour market, National Grid may consider offering sponsorship. All applications are welcome from candidates who meet these requirements, regardless of race, nationality, or ethnic origin.
Group Assurance Senior Specialist in London employer: National Grid
National Grid is an exceptional employer that prioritises employee growth and well-being, offering a competitive salary package alongside a generous bonus structure and a robust pension scheme. With a strong commitment to diversity and inclusion, the company fosters a collaborative work culture that encourages continuous improvement and risk awareness, making it an ideal environment for professionals seeking meaningful and rewarding careers in assurance and risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Group Assurance Senior Specialist in London
✨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 National Grid looking for candidates who are engaged and informed.
We think you need these skills to ace Group Assurance Senior Specialist in London
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 National Grid. 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 National Grid
✨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 National Grid’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!