Risk Management Specialist

2 weeks ago

Preston, Lancashire, United Kingdom UNITED UTILITIES GROUP PLC Full time
Job Title: Risk Specialist

United Utilities Group PLC is seeking a highly skilled Risk Specialist to join our team. As a Risk Specialist, you will play a critical role in coordinating the collation of risks and providing governance to validate the quality of evidence supporting these risks.

Key Responsibilities:
  • Own and maintain the Risk Register for the relevant asset base and geographic area of responsibility.
  • Work closely with Operations and Engineering to validate the evidence for each risk and the quantification applied.
  • Interrogate corporate asset and performance systems to identify and/or predict asset performance deterioration to discuss at Tier 2 and 3 meetings.
  • Provide MI from the Risk Register to the Risk Managers for the Tier 3 meetings, to the Risk sponsors for Business Unit Risk Assessments (BURA), and for the County leadership teams as necessary.
  • Provide governance for the Tier 1, 2 and 3 meetings measuring compliance with the Wholesale Risk and Asset Planning (WRAP) framework.
  • Demonstrate compliance with the WRAP process by updating the status of risks in the Risk Register.
  • On completion of asset intervention projects, update the Risk Register with the new Risk scores, working closely with the Risk Manager to confirm the benefits realised as a result of the mitigation.
  • Collaborating with the operational teams to identify training and guidance requirements for them where necessary.
  • Peer review of Risk Analysts covering other areas and asset bases across the UU region to ensure best practice, and risks are comparable across the region.
  • Contribute to the continuous improvement of this framework aligning it to the principles of ISO 55000 the International Standard for Asset Management best practice.
  • Support the regulatory submission by maintaining a robust audit trial of evidence to substantiate the Asset Management Plans and investment decisions.
  • Collate and analyse data to contribute to regulatory submissions to Ofwat, EA and DWI.
  • Progress relevant Reg 28 risks to the Drinking Water Quality Regulation team.
  • Work with the Risk Manager and DWSP team to identify which risks need to be progressed to the DWSP database.
  • Support the development of business cases with Risk Analysis information.
  • Represent the Risk Manager at meetings with stakeholders, as necessary.
Requirements:
  • Relevant educational qualifications, normally a degree in a numerate or technical discipline, or relevant Water Industry experience.
  • Ability to analyse data with good coordination and planning skills having a methodical mind-set and attention to detail.
  • Communicate with a wide range of stakeholders to champion compliance with the WRAP framework.
  • Be computer literate, be familiar with common computer software package such a Windows.
  • Excellent organisational skills to collate and analyse data and maintain robust audit trails to decision making.
  • A valid driving license is essential.
  • A Certificate in Asset Management is desirable.
  • Preferably proven water industry experience.
  • Knowledge of water supply, treatment and network practices, techniques and an understanding of the Water Industry regulatory framework and funding mechanisms.

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