Portfolio Strategy Lead

National Grid; United Kingdom; Hybrid; GBP 61,000 - 78,000; Full time

Job summary

A prominent energy provider in the United Kingdom is seeking a Portfolio Strategy Lead to drive the development of strategies that optimise capital investment and deliver long-term value. This role involves leading the development of strategies for multi-billion-pound portfolios, influencing key projects, and ensuring compliance with regulatory frameworks. The ideal candidate will have exceptional stakeholder engagement skills, in-depth knowledge of capital planning, and experience in financial modelling, among other qualifications. A competitive salary of £61,000 – £78,000 is offered, along with great benefits.

Benefits

Annual performance bonus

Contributory pension scheme

Flexible benefits including share plans

Qualifications

• Exceptional stakeholder engagement skills.
• Clear communication, strong business writing.
• Deep knowledge of capital planning principles.

Responsibilities

• Lead the development of portfolio strategies.
• Define and maintain portfolio strategy.
• Produce strategic reports for senior leadership.
• Collaborate to ensure compliance and optimise outcomes.
• Drive continuous improvement in portfolio governance.

Skills

Stakeholder engagement

Data analytics

Financial modelling

Strategic communication

Portfolio optimisation

Problem-solving

Education

Degree in a related field

Job description

About us

At National Grid, we’re shaping the future of energy and driving the UK’s transition to net zero. As the backbone of the electricity transmission network, we’re investing billions to modernise infrastructure, connect renewable generation, and deliver a cleaner, more resilient system for generations to come. From pioneering technology to strategic investment decisions, we’re enabling the energy transition and supporting economic growth across the UK.

Join us and you’ll be part of a team that thrives on innovation and collaboration. Your work will influence projects that matter, projects that keep homes powered, businesses running, and renewable energy flowing. At National Grid, you’ll help create a sustainable future while making a tangible difference to millions of people every day.

Join us as a Portfolio Strategy Lead and influence how billions of pounds are invested to deliver a reliable, sustainable network.

Job Purpose

Lead the development of portfolio strategies that optimise capital investment and deliver long‑term value. You’ll provide insight and governance to ensure our investment plans align with regulatory frameworks and business priorities. As a Portfolio Strategy Lead, you’ll set the direction for how National Grid invests in its electricity transmission network. You’ll lead the development of National & Regional strategies that optimise capital investment and deliver long‑term value, ensuring our plans enable the UK’s energy transition.

In this role, you’ll shape decisions on multi‑billion‑pound programmes, influencing how we prioritise substation upgrades, overhead line reinforcements, and cable installations, projects that strengthen the network and connect low‑carbon generation. You’ll provide insight and governance to ensure investment plans align with regulatory frameworks and strategic priorities, balancing risk, cost, and benefit to deliver maximum value.

What You’ll Do

• Define and maintain portfolio strategy, balancing risk, cost, and benefit.
• Lead scenario modelling and investment prioritisation for multi‑year programmes.
• Produce strategic reports and recommendations for senior leadership.
• Collaborate with finance, engineering, and regulatory teams to ensure compliance and optimise outcomes.
• Drive continuous improvement and innovation in portfolio governance.

About You

You’ll demonstrate exceptional stakeholder engagement skills, with the ability to influence and negotiate effectively at senior levels. Clear and confident communication, combined with strong business writing capability, will enable you to convey complex strategic insights with impact. A forward‑thinking and analytical mindset is essential, with a focus on problem‑solving and driving continuous improvement. Technically, you’ll bring deep knowledge of capital planning and portfolio optimisation principles, alongside familiarity with regulatory frameworks such as RIIO and associated governance processes. Proficiency in data analytics and financial modelling tools will allow you to deliver robust investment strategies and evidence‑based recommendations.

What You’ll Get

• Competitive salary: £61,000 – £78,000
• Annual performance bonus and contributory pension scheme (company double match up to 12%).
• Flexible benefits including share plans, salary sacrifice schemes, and employee assistance support.

More Information

This role closes at midnight on 5th January 2026; however, we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary.

National Grid Electricity Transmission (NGET) is at the heart of energy in the UK. The electricity we provide gets the nation to work, powers schools and brings energy to life. Our energy network connects the nation, so it’s essential that it’s continually evolving, advancing and improving.

In NGET we are passionate about both operating our network safely and providing highly reliable quality of supply for our customers. At the heart of achieving these outcomes is the effective control and operation of our network.

To find out more about us, please follow the link below:

https://www.nationalgrid.com/electricity-transmission/

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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, and offer flexible and tailored support, at home and in