Asset Risk Manager

National Grid plc; Warwick; Hybrid; GBP 65,000 - 78,000; Full time

Benefits offered by this job

Annual bonus (up to 30%)

Generous pension contributions (up to

Hybrid working

Job summary

National Grid plc is seeking an experienced Asset Risk Manager to lead the Asset Risk Management team and shape the risk framework across the asset lifecycle. Based in Warwick with hybrid working, you will translate asset data into actionable risk insights to guide investment and operational decisions.

You will drive risk governance, manage risk registers, and engage with senior stakeholders to ensure safety, reliability and continuous improvement across our network.

Qualifications

• Significant experience in asset risk management or engineering risk in safety-critical environments.
• Ability to translate complex data into clear risk insights.
• Experience leading multidisciplinary teams and governance reporting.

Responsibilities

• Lead and develop the Asset Risk Management team with clear priorities.
• Own and improve the Asset Risk Management Framework.
• Oversee identification, assessment, quantification and prioritisation of risks.
• Maintain risk registers with controls, owners and mitigations.
• Provide challenge to risk owners on assessments and mitigation delivery.
• Analyse asset condition and data to produce risk insights for decisions.
• Report risk trends to senior stakeholders and support governance submissions.

Skills

Asset risk management

Engineering risk

Leadership

Stakeholder management

Risk assessment methodologies

Governance reporting

Education

Engineering degree

Job description

At National Grid, we keep people connected and society moving. But it’s so much more than that. National Grid supplies us with the environment to make it happen. As we generate momentum in the energy transition for all, we don’t plan on leaving any of our customers in the dark. So, join us as a Asset Risk Manager within our Asset Management team and find your superpower.

National Grid is recruiting an Asset Risk Manager - This role is based from Warwick - Hybrid working.

Job Purpose

As our Asset Risk Manager, you'll lead the team responsible for identifying, assessing and managing asset and engineering risk across the network. You'll play a critical role in ensuring informed, evidence-based decisions are made about asset interventions, investment priorities and operational mitigations that support the safe, reliable and compliant operation of our assets.

Working closely with Engineering, Asset Management, Operations and wider business stakeholders, you'll turn complex asset condition, performance and network data into clear risk insights, helping the business understand where risk exists, how it's being controlled and where action is needed. Reporting to the Head of Asset Risk & Governance, you'll also drive the continuous improvement of our Asset Risk Management Framework and champion a proactive risk culture across the organisation.

What you'll do

• Lead and develop the Asset Risk Management team, setting clear priorities and fostering a high-performance culture.
• Own and continuously improve the Asset Risk Management Framework, ensuring consistent application across the asset lifecycle.
• Oversee the identification, assessment, quantification and prioritisation of engineering and asset risks.
• Maintain engineering and operational risk registers, ensuring risks, controls, owners and mitigation actions remain accurate and effective.
• Provide constructive challenge to risk owners on risk assessments, control effectiveness and mitigation delivery.
• Analyse asset condition, performance and network data to produce meaningful risk insights that support operational and investment decisions.
• Identify emerging and systemic risks, escalating material concerns through appropriate governance routes.
• Produce clear, high-quality reporting for senior stakeholders on risk trends, control effectiveness and mitigation progress.
• Support formal risk-based submissions including principal risk assessments, Safety Cases and ALARP assessments where required.
• Build strong relationships across Engineering, Asset Management, Operations, Assurance and Regulatory teams, promoting accountability, learning and continuous improvement.

About you

We're looking for an experienced risk or asset management professional who combines strong technical understanding with excellent leadership and stakeholder management skills.

You’ll bring:

• Significant experience in asset risk management, engineering risk, asset management or assurance within a safety-critical, regulated environment.
• Strong knowledge of risk assessment methodologies, risk tolerability, control effectiveness and evidence-based decision making.
• Experience leading and developing technical or multidisciplinary teams.
• The ability to translate complex technical, operational and financial information into clear and actionable risk insights.
• Experience managing risk registers, governance reporting and mitigation plans.
• Strong communication and influencing skills, with the confidence to challenge constructively and engage senior stakeholders.
• A track record of improving risk processes, governance, reporting or data quality.
• An engineering degree, or equivalent professional experience.
• Professional membership and Chartered status (or progress towards this) would be advantageous.

Experience within electricity transmission, utilities or major infrastructure sectors would be beneficial, as would familiarity with Safety Cases, ALARP assessments and regulatory submissions.

Most importantly, you'll be passionate about safety, reliability and continuous improvement, helping us make informed decisions that protect our network and the customers who depend on it.

What you'll get

A competitive salary between £65,000 – £78,000 – dependent on capability

As well as your base salary, you will receive a bonus of up to 30% of your salary for stretch performance and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to a number of flexible benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.

More Information

The closing date for this vacancy is 6th November. However, we encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.

DE & I statement:

At National Grid, we work towards the highest standards in everything we do, including how we support, value, and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation and welcome and encourage applicants with diverse experiences and backgrounds, offering flexible and tailored support, at home and in the office.

Our goal is to drive, develop, and operate our business in a way that results in a more inclusive culture. All employment is decided on the basis of qualifications, the innovation from diverse teams & perspectives, and business need. We are committed to building a workforce that can represent the communities we serve and have a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.

National Grid operates in both the UK and US, with a broad portfolio of energy businesses dedicated to providing safe, reliable, and sustainable power.

From electricity and gas transmission to advancing clean energy and modernising grids, our work covers every aspect of the energy system.

Our energy flows through absolutely everything we do

Life here at National Grid is more than just our purpose or our values, it’s everything we put into everything we do. It’s our commitment to diversity and inclusion; how we help our employees learn and grow; and how we partner with and support the communities where we live and work. It’s all this, and so much more.

We leverage our collective strengths to do meaningful BIG work so that we can be at the heart of a fair and affordable energy future.

Your salary is reviewed each year against the market for your role, skills, knowledge and experience.

Incentive

Annual performance plan or bonus (depending on your role) rewards your contribution to our success each year.

Retirement

Generous pension plan with company contributions up to 12%.

Private medical insurance for self and family.