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- Tasks: Analyse data and model risks to enhance water infrastructure management.
- Company: Join Thames Water's innovative Asset Health team in Reading.
- Benefits: Competitive salary, 26 days holiday, hybrid working, and career growth.
- Why this job: Make a real impact on water sustainability through advanced data analytics.
- Qualifications: Degree in Asset Management or Engineering; strong data analysis skills.
- Other info: Collaborative environment with opportunities to engage with diverse stakeholders.
The predicted salary is between 40000 - 50000 £ 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.
Key Responsibilities:
- Analysing and collating 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 and use this insight to set out the activities needed to balance cost, performance and risk.
- Developing and maintaining a consistent and auditable set of Risk Models, to underpin strategic risk management, resilience and investment decision making.
- Demonstrating a culture of excellence and asset stewardship through collaboration with other functional teams across Thames Water such as Asset Planning, Operations, Engineering, Delivery Partners, Regulation, and Health and Safety.
- Developing and producing reports that will be used to communicate risks in stakeholder friendly formats.
- Providing strategic direction to Asset Planning to embed the foundations of asset risk assessments into the investment plans for regional systems and the Price Reviews, Drainage and Wastewater Management Plans (DWMPs) and Water Resource Management Plans (WRMPs).
- Collaborating and liaising with a wide range of external stakeholders such as Network Rail, London Underground, local authorities and other utilities.
- Adopting best practice frameworks (consistent with ISO 55000 standards) as part of our overarching Asset Management System.
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 by using your 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 in which we operate.
- 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.
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.
Risk Modeller in Reading employer: Thames Water
Contact Detail:
Thames Water Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Modeller in Reading
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, or even hit up LinkedIn. The more people you know, the better your chances of landing that Risk Modeller gig.
✨Tip Number 2
Show off your skills! When you get the chance to chat with potential employers, make sure to highlight your experience with data analytics and risk modelling. Share specific examples of how you've tackled similar challenges in the past.
✨Tip Number 3
Don’t just apply anywhere—apply through our website! We’ve got a streamlined process that makes it easy for you to showcase your talents directly to us. Plus, it shows you’re genuinely interested in being part of the StudySmarter team.
✨Tip Number 4
Prepare for interviews by brushing up on your knowledge of asset management principles and techniques. Be ready to discuss how you can contribute to Thames Water’s goals and demonstrate your understanding of the regulatory landscape.
We think you need these skills to ace Risk Modeller in Reading
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Risk Modeller role. Highlight your experience in asset management and data analytics, and don’t forget to mention any relevant software skills like ArcGIS or statistical modelling tools. We want to see how your background fits with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about risk modelling and how your skills can contribute to Thames Water’s mission. Keep it concise but impactful – we love a good story that connects your experience to our needs.
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to showcase your analytical skills in your application. Provide examples of how you've used data to make decisions or improve processes in previous roles. We’re keen to see your thought process!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, it shows you’re serious about joining our team. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Thames Water
✨Know Your Data
As a Risk Modeller, you'll be knee-deep in data. Make sure you brush up on your data analysis skills and be ready to discuss how you've used data to inform decisions in the past. Familiarise yourself with statistical modelling tools like R or Python, as well as GIS software, since these will likely come up during your interview.
✨Understand Asset Management Principles
Dive into asset management principles and the regulatory landscape relevant to Thames Water. Be prepared to explain how these principles apply to risk modelling and decision-making. Showing that you understand the balance between cost, performance, and risk will impress your interviewers.
✨Prepare for Scenario Questions
Expect scenario-based questions where you'll need to analyse potential risks and suggest solutions. Practice articulating your thought process clearly and logically. Use examples from your previous experience to demonstrate how you’ve tackled similar challenges.
✨Showcase Your Communication Skills
You'll need to communicate complex data insights to various stakeholders. Prepare to discuss how you've effectively communicated technical information in the past. Think about how you can present your findings in a stakeholder-friendly format, as this is crucial for the role.
