Asset Investment Senior Engineer Risk Modelling

3 weeks ago


Coventry, United Kingdom Cadent Full time

**Description**

**Location: Coventry - Hybrid**

**Contract type: Permanent**

**Working hours: 37 hours**

**Salary: £39742-£46755 DOE**

**Setting the standards all of our customers will love and others will aspire to**

At Cadent we’re excited to be part of the future of UK energyWe’ve got a clear roadmap that will both drive our performance to the forefront of our industry and support the UK government in achieving their net zero target by 2050.

We’re making a difference through innovation and new ways of working. Together we’re shaping a cleaner, greener future for our 11 million customers who we put at the heart of everything we do.

**The Opportunity**

As an Asset Investment Senior Engineer, you’ll be responsible for ensuringdelivery of Cadent's plans and meet our regulatory commitments. In this role, you will seek to optimise the balance of cost, risk, and performance of the gas distribution networkassets in line with our customer and stakeholder expectations.You will lead and support projects to improve Cadent’s Asset Management Maturity and build partnerships and strong relationships with key stakeholders to ensure the objectives are met

**Key accountabilities**
- Responsible for training, development and management of junior asset investment engineers
- Responsible for developing and maintaining the monetised risk models in line with our license obligations 3.1 and 9.2.
- Accountable for the creation of specialist regulatory reporting on Cadent’s Monetised Risk position to track investment delivery and understand the effectiveness of our investment decisions and plans
- Accountable for providing regular regulatory reports to clearly articulate our regulatory performance to Ofgem against our Monetised Risk targets
- Accountable for utilising the different monetised risk asset models and Asset Investment Manager (AIM) software develop models and scenario tests to inform investment strategies and decisions
- Lead and support projects to improve Cadent’s Asset Management Maturity
- Lead and embed positive safety culture and process safety within team to improve collective safety performance ensuring adherence to company policy, aims and objectives
- Responsible for training, development and management of junior asset investment engineers
- Responsible for developing and maintaining the monetised risk models in line with our license obligations 3.1 and 9.2.
- Accountable for the creation of specialist regulatory reporting on Cadent’s Monetised Risk position to track investment delivery and understand the effectiveness of our investment decisions and plans
- Accountable for providing regular regulatory reports to clearly articulate our regulatory performance to Ofgem against our Monetised Risk targets
- Accountable for utilising the different monetised risk asset models and Asset Investment Manager (AIM) software develop models and scenario tests to inform investment strategies and decisions
- Lead and support projects to improve Cadent’s Asset Management Maturity
- Lead and embed positive safety culture and process safety within team to improve collective safety performance ensuring adherence to company policy, aims and objectives

**About you**

We’re looking for individuals who hold the following skills and experience:

- Degree level qualification with quantitative element / mathematics / statistics
- Asset Management certification/diploma or equivalent.
- Demonstrable experience in statistical/complex data analysis
- Demonstrable experience in asset management or engineering environments
- Strategic and ordered thinker with strong analytical skills
- Excellent grasp of statistical analysis e.g. different distributions and regression analysis, ratios, proportions, and percentages
- Understanding of Cadent’s asset hierarchy and appreciation of engineering knowledge regarding asset failure modes, failure impacts
- Understanding of SAP, ESRI and other core systems with the ability to extract data
- A clear line of sight between the modelling approach to investment and business drivers



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