Compliance Analyst - Benefits and Outcome Assurance in Reading

Compliance Analyst - Benefits and Outcome Assurance in Reading

Reading Full-Time No working from home possible
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At a Glance

  • Tasks: Ensure compliance and provide insightful analysis on environmental programmes.
  • Company: Join Thames Water, the UK's largest water and wastewater company.
  • Benefits: Competitive salary, generous holiday, pension scheme, and health perks.
  • Other info: Flexible working arrangements and opportunities for personal growth.
  • Why this job: Make a real impact on environmental outcomes while developing your career.
  • Qualifications: Experience in environmental programmes and strong analytical skills required.

At Thames Water, we provide essential water and wastewater services to 16 million customers while protecting the environment and meeting our regulatory commitments. We are looking for a Compliance Analyst - Benefits and Outcome Assurance to provide independent assurance and insightful analysis across key environmental programmes, ensuring delivery remains aligned with regulatory obligations, business objectives, and expected outcomes. Working closely with sponsors, delivery teams, and senior stakeholders, you will evaluate performance, risks, costs, and benefits, translating complex information into clear recommendations that support effective decision-making.

What you’ll be doing as a Compliance Analyst – Benefits and Outcome Assurance

  • Responsible for the assurance approach for allocated WINEP and WAAP activities, assessing delivery confidence against time, cost, quality, regulatory and environmental outcomes.
  • Evaluate delivery plans, milestones, outputs, risks, dependencies and evidence from multiple sources to form clear assurance conclusions.
  • Provide independent challenge to delivery assumptions and escalate material concerns with evidence-based recommendations.
  • Provide technical advice to ensure continuous improvement within the benefits reporting and alteration process, including leading engagement with key delivery teams.
  • Support ongoing engagement with the Environment Agency and Ofwat to ensure our benefits and outcome assurance process align with regulator requirements.
  • Assess alignment between programme plans, WINEP and WAAP commitments, performance commitments, ODIs and wider strategic environmental requirements.
  • Identify shortfalls, emerging compliance risks and opportunities to improve environmental outcomes or value.
  • Translate complex technical, regulatory, cost and benefits information into concise recommendations for senior stakeholders.
  • Influence Sponsors, Delivery teams, Asset Planning, Engineering, Operations, PMO and regulatory stakeholders through structured challenge, diplomacy and clear evidence.
  • Lead internal alignment sessions and prepare senior-level briefing material that supports informed decision‑making.

Base location

Hybrid – Clearwater Court, Reading. It is a requirement to come into the office at least once a week currently on a Tuesday. There will be some travel to other sites and offices.

Working pattern or hours

36 hours a week, Monday to Friday

Salary

Between £58,000 and £68,000 per annum dependant on experience

To thrive in this role, the essential criteria you’ll need is:

  • Significant experience in environmental programmes, water or wastewater operations, asset management, investment planning or comparable regulated infrastructure environments.
  • Strong analytical and numerical capability, with experience working with large datasets and turning insight into clear decisions, recommendations and assurance commentary.
  • Demonstrable ability to influence senior stakeholders, delivery partners and regulatory-facing discussions through evidence-based advice, challenge and diplomacy.
  • Proven ability to evaluate complex information from multiple sources, including delivery performance, cost, benefits, risk, regulatory requirements and technical evidence.
  • Strong knowledge of governance, risk, assurance, business case and change-control practices in a regulated programme environment.

Additional skills and experiences would be great to have/bring

  • Experience of WINEP, WAAP or comparable environmental regulatory investment programmes.
  • Experience working directly with or preparing material for EA, Ofwat or equivalent regulatory stakeholders.
  • Project or programme delivery experience, including exposure to cost, schedule, risk and benefits management.
  • Ability to use GIS systems, environmental models or equivalent analytical tools.
  • Full UK driving licence.

What’s in it for you

  • A salary of £58,000 to £68,000 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 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.

Find out more about our benefits and perks (Please note different T&Cs apply if on secondment)

Who are we

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.

Working at Thames Water

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.

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Compliance Analyst - Benefits and Outcome Assurance in Reading employer: Thames Water

Thames Water is an excellent employer, offering a supportive work culture that prioritises employee growth and development. With a focus on innovation in wastewater operations, employees benefit from hybrid working arrangements, a 36-hour week, and opportunities to mentor colleagues while contributing to impactful projects. The Crossness location provides a unique environment where you can make a meaningful difference in the community and enhance your technical skills in a collaborative setting.

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Contact Details:

Thames Water Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Compliance Analyst - Benefits and Outcome Assurance in Reading

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 Thames Water looking for candidates who are engaged and informed.

We think you need these skills to ace Compliance Analyst - Benefits and Outcome Assurance in Reading

Environmental Programmes
Water and Wastewater Operations
Asset Management
Investment Planning
Analytical Skills
Numerical Capability
Data Analysis

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 Thames 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 Thames 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 Thames Water’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!