Risk and Controls Assurance Specialist

Severn Trent Water; Coventry; On-site; GBP 35,000 - 55,000; Full time

Job summary

A leading utility company in Coventry is seeking a full-time Risk and Controls Assurance Specialist. This role involves maintaining the Risk Management Information System, delivering assurance programmes, and working across teams to enhance compliance. Ideal candidates will have experience in internal audit and a strong understanding of governance frameworks. The company offers a supportive culture, competitive benefits, and opportunities for growth.

Benefits

28 days holiday + bank holidays

Annual bonus scheme

Leading pension scheme

Sharesave opportunity

Dedicated training and development

Electric vehicle scheme

Family-friendly policies

Qualifications

• Solid experience in internal audit, risk, or assurance within a complex organisation.
• Hands-on exposure to control testing, risk assessments, and governance frameworks.
• Experience in FTSE-listed or regulated environments.
• Good understanding of the UK Corporate Governance Code.
• Familiarity with assurance and governance processes.
• Ability to build strong relationships.
• Experience writing clear, concise governance documents.
• Confidence managing projects and driving change.

Responsibilities

• Maintain the Risk Management Information System for material controls.
• Deliver the material controls assurance programme.
• Work with control owners to link risk, controls, and compliance.
• Coordinate audits with Internal and External Audit teams.
• Identify control gaps and recommend fixes.
• Prepare reports for senior management and the Board.
• Support assurance planning aligned with business priorities.

Job description

Overview

At Severn Trent, our people are at the heart of everything we do. We’re in the top 5% of utility companies worldwide when it comes to employee engagement and ranked as a Top 50 UK Employer on Glassdoor. Join us in making a positive impact on the environment and our communities, while being valued and supported in a truly inclusive workplace.

If you want to do more, because you care, we want you on our team.

EVERYTHING YOU NEED TO KNOW

Our purpose is taking care one of life’s essentials, but we’re also big on making a difference, not just because we should but because we care. It’s due to this care that Severn Trent as a company has a massive focus on driving and maintaining high compliance and assurance standards across the whole group.

We have two new exciting new opportunities for Risk and Controls Assurance Specialists who will lead the implementation of our material controls review and assurance programme.

You’ll help deliver assurance over key controls, support regular reporting, and enable the Board’s annual declaration. Working with teams across the business, you’ll challenge and support stakeholders and help drive a culture of control awareness and continuous improvement. This is a unique chance to influence change and help protect what matters most at Severn Trent.

Key Accountabilities:

• Maintain the Risk Management Information System (RMIS) for material controls.
• Deliver the material controls assurance programme and support the ERM framework.
• Work with control owners to link risk, controls, and compliance.
• Coordinate audits with Internal and External Audit teams.
• Help improve the material controls framework across the Group.
• Identify control gaps and recommend fixes.
• Prepare reports for senior management and the Board.
• Support assurance planning aligned with business priorities.

You'll be based at our Severn Trent Centre in Coventry and with this being such a critical role, we’re looking for someone who can join us full time, 37 hours a week.

How we work

You'll join a caring culture that collaborates to achieve, grow, and develop. Our employee engagement scores are among the highest globally in energy and utilities. That’s why, we value in-person moments to keep our culture alive but also understand the flexibility working from home can bring. So, you'll usually find us in the office, but working from home is supported.

What we’re looking for

To thrive in this role, you’ll likely have:

• Solid experience in internal audit, risk, or assurance within a complex organisation.
• Hands-on exposure to control testing, risk assessments, and governance frameworks.
• Ideally, experience in FTSE-listed or regulated environments.
• A good understanding of the UK Corporate Governance Code and its impact on internal controls.
• Familiarity with assurance and governance processes, and how to navigate regulatory requirements.
• A natural ability to build strong relationships—from senior leaders to frontline teams.
• Experience writing clear, concise governance or regulatory documents.
• Confidence managing projects, improving processes, and driving change.

Skills and experience are important, but character, positivity, and a caring attitude matter too. We welcome and celebrate diverse individuals, knowing they help us better serve our communities. We seek people who get involved, want to be part of something bigger, and make a difference because they care.

How we’ll reward and care for you

It’s not just a job you’ll get here, you’ll get a career too.

We have a range of benefits that reward and recognise great work and award-winning training to ensure you reach your potential. And we’ll also help you play your part in looking after the environment and the community in which we live.

Here’s some of our favourites:

• 28 days holiday + bank holidays (and the ability to buy/ sell up to 5 days per year)
• Annual bonus scheme (of up to £2,250 per annum based on company performance)
• Leading pension scheme – we will double your contribution (up to 15% when you contribute 7.5%)
• Sharesave – the chance to buy Severn Trent Plc shares at a discounted rate
• Dedicated training and development with our ‘Academy’
• Electric vehicle scheme and retail offers
• Family friendly policies

Let’s go

We can't wait to hear from you! Have an updated CV ready and spare five minutes to apply. We'll let you know the outcome after the closing date, so keep an eye on your phone and emails.