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- Tasks: Analyse data and model risks to enhance water infrastructure management.
- Company: Join Thames Water, the UK's largest water and wastewater company.
- Benefits: Competitive salary, generous holiday, pension scheme, and health benefits.
- Why this job: Make a real impact on water sustainability and community wellbeing.
- Qualifications: Degree in Asset Management or Engineering; strong data analytics skills.
- Other info: Flexible working arrangements and meaningful career opportunities await you.
The predicted salary is between 38000 - 56000 £ per year.
Join Thames Water’s Asset Health, Risk & Performance team and help shape the future of water infrastructure through advanced risk modelling and data analytics. In this fantastic opportunity, you will undertake detailed data analyses and risk modelling to support the asset management of water, wastewater and bioresources assets.
What you’ll be doing as a Risk Modeller:
- Analyse and model the risk of failure utilising probability and consequence data for various scenarios and understand current and future asset risk.
- Develop outline solutions and assess costs and benefits.
- Analyse and collate data from various sources within Thames Water to enhance the development of asset risk models, asset plans, maintenance programmes, monitoring systems, and system plans.
- Develop an understanding of the underlying risk of asset groups and systems by collating, analysing, and interpreting data from a variety of sources across Thames.
- Develop and maintain a consistent and auditable set of Risk Models to underpin strategic risk management, resilience, and investment decision making.
- Demonstrate a culture of excellence and asset stewardship through collaboration with other functional teams across Thames Water.
- Develop and produce reports that will be used to communicate risks in stakeholder friendly formats.
- Provide strategic direction to Asset Planning to embed the foundations of asset risk assessments into the investment plans for regional systems.
- Collaborate and liaise with a wide range of external stakeholders such as Network Rail, London Underground, local authorities, and other utilities.
- Adopt best practice frameworks consistent with ISO 55000 standards as part of our overarching Asset Management System.
Working pattern or hours: 36 Hours, Monday- Friday
Other requirements for the role: Ideally have a full driving licence and access to your own car as travel across our operational area will be required.
What you should bring to the role:
- A strong background in Asset Management or Engineering (Degree or relevant experience).
- Be a subject matter expert for your asset groups to ensure we have the right balance of long, medium and short-term investment choices.
- Able to interpret complex data and make recommendations using strong communication, influencing, negotiation, and analytical skills.
- Have a strong interest in data analytics, statistical modelling, and reporting insights.
- Have a robust knowledge of asset management principles and techniques and an understanding of the regulatory landscape.
- Experienced user of ArcGIS and other ESRI packages, Microsoft Office, statistical modelling (e.g. R, Python).
- The ability to build a network with different stakeholders.
- Engage and liaise across the business and wider industry to understand and apply best practice and emerging technologies for assessing asset risk.
What’s in it for you?
- Competitive salary up to £47,318.20 per annum depending on experience.
- 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 your health and wellbeing, and your finances.
Thames Water is a unique, rewarding, and diverse place to work, where every day you can make a difference. 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.
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.
Risk Modeller in Reading employer: Thames Water Utilities Limited
Contact Detail:
Thames Water Utilities Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Modeller in Reading
✨Tip Number 1
Network like a pro! Reach out to current employees at Thames Water on LinkedIn or other platforms. Ask them about their experiences and any tips they might have for landing the Risk Modeller role.
✨Tip Number 2
Prepare for the interview by brushing up on your data analytics skills. Be ready to discuss how you would approach risk modelling and provide examples of your past work with statistical tools like R or Python.
✨Tip Number 3
Show your passion for asset management! During interviews, share your insights on the importance of balancing cost, performance, and risk in water infrastructure. This will demonstrate your commitment to the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the Thames Water family.
We think you need these skills to ace Risk Modeller in Reading
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in asset management and data analytics. We want to see how your skills align with the role of Risk Modeller, so don’t hold back on showcasing your relevant expertise!
Show Off Your Data Skills: Since this role involves a lot of data analysis and statistical modelling, be sure to mention any experience you have with tools like R, Python, or ArcGIS. We love seeing candidates who can interpret complex data and provide insights, so let us know what you've got!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language to explain your achievements and how they relate to the responsibilities of the Risk Modeller position. We appreciate clarity and directness!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do, so why not get started today?
How to prepare for a job interview at Thames Water Utilities Limited
✨Know Your Data
As a Risk Modeller, you'll be diving deep into data analytics. Make sure you brush up on your skills with statistical modelling tools like R or Python. Be prepared to discuss how you've used these tools in past projects and how they can apply to the role at Thames Water.
✨Understand Asset Management Principles
Familiarise yourself with asset management principles and the regulatory landscape. This will not only help you answer questions confidently but also demonstrate your commitment to the field. Think about examples from your experience that showcase your understanding of these concepts.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions where you might need to analyse risk or propose solutions. Practice articulating your thought process clearly and logically. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
✨Showcase Your Collaboration Skills
Collaboration is key in this role, so be ready to discuss how you've worked with different teams or stakeholders in the past. Highlight any experiences where you successfully communicated complex data insights to non-technical audiences, as this will be crucial in your new role.
