At a Glance
- Tasks: Join our team as a Risk Analyst and help shape strategic portfolio planning.
- Company: Be part of Northumbrian Water Group, a leader in sustainable water services.
- Benefits: Enjoy generous holidays, a great pension scheme, and wellbeing support.
- Other info: Diverse and inclusive workplace with excellent career growth opportunities.
- Why this job: Make a real impact in a fast-paced environment while developing your skills.
- Qualifications: Experience in risk analysis within construction and knowledge of risk software required.
The predicted salary is between 28800 - 48000 £ per year.
We’ve an amazing new opportunity to become our new Risk Analyst, reporting into the Risk Lead within our Asset Portfolio Management Office (PMO). You’ll join a team of Risk Analysts contributing to our National Leader ambitions. You’ll be a skilled Risk Analyst with direct experience of working in a fast-paced PMO environment. The role is essential to the effective performance of the estimating function to ensure appropriate, quality information and data is available, enabling strategic portfolio planning and accurate risk forecasting.
In addition, you will be responsible for ensuring that accurate risk and opportunity registers are produced, analysis is undertaken to understand mitigation actions and data is communicated clearly to stakeholders. We’re looking for you to prepare accurate risk and opportunity registers alongside the project team and NWG processes and procedures, providing support by assisting in the risk workshops and working with contractors. You’ll also be providing accurate risk and opportunity registers for projects and contracts at all key stages of the project life-cycle. You’ll be analysing variances between estimate versions and comparison with actual costs, providing periodic advice and guidance to key stakeholders and suppliers e.g. On Risk and Opportunities.
We’re looking for you to take ownership for registers in a specific asset base and conduct peer reviews and ensure mitigating actions are driven and completed. Providing validation of risk and opportunity registers prepared by other system users, NWG employees or supply chain in accordance with governance requirements. You’ll build strong working relationships with customer stakeholders and data service providers.
We’re looking for you to have a proven risk experience, along with experience within a building / construction environment. You’ll also have proven experience of utilising risk software to support detailed and high-level projects in a Capital Programme Environment. You’ll have some great skills too, including extensive knowledge of risk processes, procedures & tools in a construction environment and of engineering construction methods.
If this sounds like you, then we’d love to see your application come through to us. Here at Northumbrian, Diversity, Inclusion and Equity means bringing your full self to work. We encourage and welcome applications from all underrepresented groups, as we believe and strive for community representation within all our teams, structures and organisation.
The Assets Directorate understand the health of our assets, invest wisely and maintain them to continue to provide safe, reliable and resilient services to our customers today and in the future. We have launched an ambitious transformation programme to drive a real step change in how we deliver our capital projects. This requires the development of a high-performing PMO to provide a central controls function delivering impactful performance reporting, estimating, schedule and risk management, and governance. The overarching objective of the transformation programme is to transition from a hybrid PMO consisting of NWL staff and contractor support, to an entirely inhouse model.
We’re a Great Place to Work because of the amazing people who work for us, and to say thank you we offer a range of benefits to colleagues. Our ‘Tap Into’ benefits include:
- Generous holiday entitlement starting at 26 days, plus bank holidays and additional time off on Christmas Eve and New Year’s Eve. There’s also the option to buy or sell holidays.
- Company pension scheme, where we’ll double match your contributions up to an employer contribution of 11%.
- Free access to local attractions.
- A fantastic discount scheme, with savings on days out, shopping, travel and more.
- Award winning ‘Living Well’ wellbeing support, including access to a digital GP service for you and your family members.
- Support with sustainable travel – through salary sacrifice cars and a cycle to work scheme.
- Financial wellbeing support – access our community savings scheme, financial education and low cost loans through Salary Finance.
- We also provide 4 x Life Assurance and an Income Protection Scheme.
- Support with your development – we offer a range of development opportunities, can support you through an interest free qualification loan and we’ll even pay for any relevant professional body subscription.
Here at Northumbrian Water/Essex & Suffolk Water, we embrace and value Diversity, Inclusion and Equity, and encourage all colleagues to bring their most authentic self to work. Our colleague network groups include our Rainbow Support Network (LGBTQIA+), REACH (Race, Ethnicity, and Cultural Heritage), WiSTEM (Women in STEM) and Thisability (disability and neurodiversity) networks. They provide a safe space for colleagues from diverse backgrounds, welcoming all colleagues regardless of their personal characteristics to participate in valuable conversation that improves our organisational awareness, understanding and inclusivity.
We encourage and welcome all applications, as we strive to be an equal opportunity employer, committed to having diverse communities represented within all our teams, structures, and organisation.
Please note this role will require a DBS to be completed prior to employment. NWG are an inclusive employer who support the rehabilitation of offenders, we will not, however consider candidates who have certain unspent convictions to ensure our commitment to fostering a safe and secure working environment for all colleagues, suppliers, customers and third parties.
Here at NWG we strive to make Northumbrian Water Group (NWG) a Great Place to Work, for all. We embrace and value Diversity, Inclusion and Equity and encourage you to bring your full self to work. As an equal opportunity employer we’re committed to having a diverse community represented across our business. We’re aware that not everyone will have every skill listed in the job description, however if you have some of the skills listed, we’d encourage you to apply.
Our purpose at NWG is caring for the essential needs of our communities and environment, now and for generations to come. We do this by providing reliable and affordable water and wastewater services for our customers. We make a positive difference by operating efficiently and investing prudently, to maintain a sustainable and resilient business. Our vision is to be the national leader in the provision of sustainable water and wastewater services. To support us in achieving our vision, we have five core values which are the guiding principles, defining who we are, what we do and how we do it.
Risk Analyst in Durham employer: Northumbrian Water
At Northumbrian Water Group, we pride ourselves on being a fantastic employer that values diversity, inclusion, and employee growth. With generous benefits such as 26 days of holiday, a robust pension scheme, and extensive wellbeing support, we foster a collaborative work culture where every team member can thrive. Our commitment to professional development and community representation makes us an ideal place for passionate individuals looking to make a meaningful impact in the water and wastewater sector.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Analyst in Durham
✨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 Northumbrian Water looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Analyst in Durham
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 Northumbrian Water. 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 Northumbrian Water
✨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 Northumbrian Water’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!