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- Tasks: Lead improvements in asset risk management and collaborate with diverse teams.
- Company: Thames Water is the UK's largest water and wastewater company, serving over 16 million customers.
- Benefits: Enjoy a competitive salary, generous annual leave, and a comprehensive pension scheme.
- Why this job: Make a real impact on communities and the environment while developing your career in a supportive culture.
- Qualifications: Strong communication skills and practical experience in asset management are essential.
- Other info: Flexible working arrangements and opportunities for personal growth await you.
The predicted salary is between 54085 - 67000 ÂŁ per year.
Job title Asset Risk Lead Ref 42179 Division Asset Operations & Capital Delivery Location Hybrid – Clearwater Court – RG1 8DB Contract type Fixed term/Secondment Full/Part-time Full-time or part-time Salary Competitive salary from ÂŁ54,085 – ÂŁ67,000 per annum depending on experience. Job grade B Closing date 29/08/2025
In this 12 month secondment opportunity you will lead critical improvements to our Asset Risk approach ahead of PR29. You will work closely with diverse stakeholders across Thames Water, including Operations, Asset Management, Engineering, Major Projects and Programmes, Transformation and Digital, to embed lasting change in how we assess, prioritise and escalate risk through the business, using our Corporate Systems to their full advantage.
What you’ll be doing as a Asset Risk Lead
- Lead on the development of an industry-leading asset risk management framework so that asset risks are accurately captured, assessed, prioritised and escalated. During the 12 months, this is focused on leading the activity to:
- Enhance and embed our Risk Scoring and Cost of Failure Framework; and
- Align Risk and Investment Planning Processes, considering behaviours, processes and System.
- Strategic lead for enhancements to our Asset Risk and Investment Planning System (“APS”) including working with our Asset Data Transformation Programme to develop and progress the System requirements for PR29.
- Provide risk expertise and guidance to the wider business to deliver continual improvement of asset risk management processes.
Base location: Hybrid- Clearwater Court – RG1 8DB7
Working pattern or hours: 36 hours, Mon- Fri
What you should bring to the role
To thrive in this role, the essential criteria you’ll need is:
- Excellent communication and interpersonal skills so you can confidently influence, collaborate with and manage deliverables from a wide range of stakeholders from our operational teams through to our leadership community.
- Practical experience of the Thames Water asset base or water / utilities assets.
- Strong technical and practical understanding of risk and asset management.
- Not afraid to challenge or ask questions where necessary.
Additional skills and experiences would be great to have:
- Demonstrated ability to understand, analyse and consolidate data and information from different sources.
- Experience using and enhancing Risk Management / Investment Planning systems.
- Experience in identifying opportunities for improvement and implementing new ways of working in a flexible, agile way in the context of changing priorities of the wider team and the business.
- Competent in MS Office, including Excel, PowerPoint, Word and collaboration tools such as Teams, SharePoint. Experience of Power BI.
What’s in it for you?
- Competitive salary from ÂŁ54,085.00- ÂŁ67,000 per annum depending on experience.
- Annual Leave -26 days holiday per year increasing to 30 with the length of service (plus bank holidays)
- Performance-related pay plan directly linked to company performance measures and targets
- Generous Pension Scheme through AON
- Access to lots of benefits to help you take care of you and your family’s health and wellbeing, and your finances – from annual health MOTs and access to physiotherapy and counselling, to Cycle to Work schemes, shopping vouchers and life assurance.
We’re the UK’s largest water and wastewater company, with more than 16 million customers relying on us every day to supply water for their taps and toilets. We want to build a better future for all, helping our customers, communities, people, and the planet to thrive. It’s a big job and we’ve got a long way to go, so we need help from passionate and skilled people, committed to making a difference and getting us to where we want to be in the years and decades to come.
Thames Water is a unique, rewarding, and diverse place to work, where every day you can make a difference, yet no day is the same. As part of our family, you’ll enjoy meaningful career opportunities, flexible working arrangements and excellent benefits.
If you’re looking for a sustainable and successful career where you can make a daily difference to millions of people’s lives while helping to protect the world of water for future generations, we’ll be here to support you every step of the way. Together, we can build a better future for our customers, our region, and our planet.
Real purpose, real support, real opportunities. Come and join the Thames Water family. Why choose us? Learn more.
We’re committed to being a great, diverse, and inclusive place to work. We welcome applications from everyone and want to ensure you feel supported throughout the recruitment process . If you need any adjustments, whether that’s extra time, accessible formats, or anything else just let us know , we’re here to help and support .
When a crisis happens, we all rally around to support our customers. As part of Team Thames, you’ll have the opportunity to sign up to support our customers on the frontline as an ambassador. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business and meet colleagues.
Disclaimer: due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.
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Asset Risk Lead employer: Thames Water Utilities Limited
Contact Detail:
Thames Water Utilities Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Risk Lead
✨Tip Number 1
Familiarise yourself with Thames Water's asset base and their current risk management practices. Understanding their specific challenges and successes will help you speak confidently about how you can contribute to improvements in your interview.
✨Tip Number 2
Network with current or former employees of Thames Water, especially those in asset management or risk roles. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach during the application process.
✨Tip Number 3
Stay updated on industry trends related to asset risk management and utilities. Being knowledgeable about recent developments will allow you to engage in meaningful discussions during interviews and demonstrate your commitment to the field.
✨Tip Number 4
Prepare examples from your past experience that showcase your ability to lead change and improve processes. Highlighting specific instances where you've successfully implemented new ways of working will resonate well with the hiring team.
We think you need these skills to ace Asset Risk Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in asset risk management and your understanding of the water/utilities sector. Use specific examples that demonstrate your ability to lead improvements and collaborate with diverse stakeholders.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Discuss how your skills align with the job requirements, particularly your communication skills and practical experience with asset management systems.
Highlight Relevant Skills: Clearly outline your technical skills, especially in risk management and data analysis. Mention your proficiency in MS Office and any experience with Power BI, as these are valuable for the role.
Showcase Problem-Solving Abilities: Provide examples of how you've identified opportunities for improvement in previous roles. This will demonstrate your proactive approach and ability to adapt to changing priorities, which is crucial for the Asset Risk Lead position.
How to prepare for a job interview at Thames Water Utilities Limited
✨Understand the Asset Risk Framework
Make sure you have a solid grasp of asset risk management frameworks, especially those relevant to the water and utilities sector. Be prepared to discuss how you would enhance and embed these frameworks in your role.
✨Showcase Your Communication Skills
Since this role involves influencing and collaborating with various stakeholders, practice articulating your thoughts clearly. Prepare examples of how you've successfully communicated complex ideas to different audiences in the past.
✨Demonstrate Technical Knowledge
Brush up on your technical understanding of risk and asset management. Be ready to discuss specific tools or systems you've used, such as Risk Management or Investment Planning systems, and how they can be improved.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world scenarios. Think about times when you've identified opportunities for improvement and how you implemented changes effectively, especially in a dynamic environment.
