At a Glance
- Tasks: Lead risk management for renewable energy projects and ensure financial stability.
- Company: Join Great British Energy, shaping the UK's clean energy future.
- Benefits: Competitive salary, performance bonuses, generous leave, and flexible working.
- Other info: Collaborative culture with opportunities for professional development and training.
- Why this job: Make a real impact on the UK's energy landscape while growing your career.
- Qualifications: Senior-level experience in risk management and financial transactions required.
The predicted salary is between 80000 - 100000 € per year.
Join Great British Energy and be part of powering the UK's Clean Energy Future. At GBE, we're not just building an energy company - we're shaping the future of the UK's energy landscape. Drive clean energy deployment across the UK as a strategic developer, investor, and owner of renewable projects.
We focus on innovation, sustainability, and impact, working on projects that matter - from large-scale national renewable investments to empowering local and community energy initiatives.
Great British Energy is looking for a Head of Risk to join our GBE Local Directorate Team. This role will play a key part in contributing to projects, objectives, and wider organisational goals.
- Develop and implement a comprehensive risk management framework aligned with GBE's mandate and investment strategy.
- Lead the identification, assessment and management of risks arising from GBE's investment and financing activity, including equity investments, loans, grants and hybrid instruments.
- Own and operate the transaction risk assessment framework, ensuring consistent evaluation of financial, commercial, legal and delivery risks across all deals.
- Work with deal teams to ensure appropriate risk mitigations are built into transaction structures.
- Identify where external due diligence is required and ensure that it is appropriately scoped.
- Lead assessment and monitoring of financial risks across GBE's portfolio, including credit, market, liquidity, and counterparty exposures.
- Advise the investment team & committee in determining appropriate return rates for investments.
- Work closely with Finance colleagues to ensure risk assessments are aligned with financial models, accounting treatments and funding constraints.
- Design, implement and maintain GBE's risk management framework, aligned with HM Treasury's Orange Book.
- Embed a risk-aware culture into the organisation and ensure appropriate reporting to Audit Committee and Board.
- Lead the articulation and embedding of risk appetite, and ensure that transactions and operational activities are in line with agreed risk tolerances.
- Establish and continuously improve risk policies, systems, and analytics capabilities.
- Promote a risk-aware culture and build a high-performing risk team with strong collaboration across business units.
Qualifications:
- A full financial qualification (CCAB, CIMA, CIPFA or equivalent).
- Significant senior-level experience in risk management, with a strong emphasis on financial transactions, investments and project finance.
- Deep understanding of financial, commercial and counterparty risk.
- Ability to communicate complex risk issues clearly to senior executives and boards.
- Experience in energy, infrastructure, investment or public-sector financing.
- Familiarity with HM Treasury frameworks.
- Experience working alongside finance, legal and investment teams on live transactions.
- Professional qualification in risk, finance or a related discipline.
Personal Qualities:
- Works collaboratively, valuing different perspectives and building inclusive relationships.
Benefits:
- Competitive base salary.
- Performance-related bonus scheme.
- Excellent pension scheme.
- 4x salary life assurance.
- 38 days annual leave.
- Flexible working arrangements.
- Ongoing professional development and training.
Head of Business Compliance and Risk in Edinburgh employer: PSR
At Great British Energy, we are committed to not only powering the UK's clean energy future but also fostering a vibrant and inclusive work environment. As an employer, we offer competitive salaries, generous annual leave, and flexible working arrangements, alongside opportunities for ongoing professional development in cutting-edge energy technologies. Join us to make a meaningful impact while enjoying a collaborative culture that values diverse perspectives and promotes employee growth.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Business Compliance and Risk in Edinburgh
✨Tip Number 1
Network like a pro! Reach out to people in the energy sector, especially those involved in compliance and risk. Attend industry events or webinars to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of risk management frameworks and financial transactions. Be ready to discuss how you can contribute to GBE's mission of powering a greener future.
✨Tip Number 3
Showcase your experience with real-life examples during interviews. Talk about specific projects where you identified and managed risks effectively, especially in the energy or investment sectors.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the GBE team.
We think you need these skills to ace Head of Business Compliance and Risk in Edinburgh
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Head of Risk role. Highlight your experience in risk management, especially in financial transactions and investments, to show us you’re the perfect fit for GBE.
Showcase Relevant Experience:Don’t just list your previous jobs; explain how your past roles have prepared you for this position. We want to see your understanding of financial, commercial, and counterparty risks, so give us examples!
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language to communicate complex risk issues, as if you were explaining them to a senior executive. We appreciate clarity!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss any important updates about the process!
How to prepare for a job interview at PSR
✨Know Your Risk Management Framework
Make sure you’re well-versed in risk management frameworks, especially those aligned with HM Treasury's Orange Book. Be ready to discuss how you would design and implement such a framework at Great British Energy.
✨Showcase Your Financial Acumen
Prepare to demonstrate your understanding of financial, commercial, and counterparty risks. Bring examples from your past experience where you successfully identified and mitigated these risks in investment or project finance.
✨Communicate Clearly with Confidence
Practice articulating complex risk issues in a straightforward manner. You’ll need to convey your insights to senior executives and boards, so clarity and confidence are key.
✨Emphasise Collaboration and Inclusivity
Highlight your ability to work collaboratively across different teams. Share examples of how you’ve built inclusive relationships in previous roles, as this is crucial for fostering a risk-aware culture at GBE.
