Risk Consultant

TN United Kingdom; Reading; On-site; GBP 50,000; Full time

Job summary

An established industry player is seeking an experienced Risk Consultant to join their team. This role involves managing risk within the water utilities sector, focusing on building partnerships and delivering insightful analysis for investment decisions. You will play a crucial part in month-end financial reporting, developing new reporting methods, and engaging with stakeholders to articulate risks and funding needs. The company offers a dynamic work environment with opportunities for career growth, flexible working arrangements, and a commitment to making a positive impact on communities and the environment. Join a team dedicated to delivering exceptional service and making a difference in the lives of millions.

Benefits

Competitive salary

26 days annual leave

Contributory pension

Personal medical assessments

Wider benefits scheme

Qualifications

• Extensive risk management experience in the water utilities industry.
• Strong analytical, presentation, and communication skills required.

Responsibilities

• Manage month-end and annual reporting against budget and forecasts.
• Develop new reporting methods for PMO and Risk functions.
• Build strong relationships with Area Operations Managers.

Skills

Risk Management

Analytical Skills

Presentation Skills

Communication Skills

Stakeholder Management

Excel

PowerBI

Job description

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We have a fantastic opportunity for an experienced Risk Consultant, to join Thames Water on a permanent basis.

To be considered for this role you will require a good level of risk management understanding and the ability to build business cases for investment needs.

As the successful candidate, you will be working collaboratively to build and maintain effective partnerships with key cross-functional leaders as well as facilitating improvement activity across the water supply system by providing analysis and articulation and developing insightful tools to enable visualisation of risk across Water in London.

You’ll also be involved in month-end financial reporting, providing analysis and insights into current spending and future funding as well as developing new reports to articulate risk and funding to senior stakeholders.

This is a vital role in the successful identification, management and delivery of risk mitigation and investment. The key to your success will come from your ability to work closely with site managers/teams, asset and engineering and senior operational managers. Your input will assist management and local teams set priorities for investment and navigate the investment process and in doing so ultimately improve operational performance, H&S and resolve customer issues.

What you will be doing as the Risk Consultant

• Month-end and annual reporting for the portfolio against budget, costs, forecasts and scope as well as feeding into the quarterly budget forecasting.
• Develop new reporting methods for both PMO and Risk functions of the team.
• Visit all Area Operations Managers in the region on a monthly rotational basis to ensure an understanding of local risks and develop strong working relationships.
• Prepare presentations and reports to review risks with the internal stakeholders at risk review meetings.
• Work with asset management, enterprise risk, and operational teams to build a longer-term understanding of risk and plans to feed into the AMP planning process.

We are looking for you to have

• Extensive risk management experience, preferably within the water utilities industry who can effectively own, manage and escalate risks and issues as they arise.
• Comfortable adapting your communication style to delivery teams as well as more corporate senior stakeholders, with demonstrable experience of this.
• Strong analytical and presentation skills, advanced Excel and PowerBI.
• Ability to articulate clearly business cases linked to benefits and risks is crucial to the success of this role.
• Experience with month-end processes, forecasting, budgets and accrual calculations.
• Excellent communication, interpersonal and stakeholder management skills.

What is in it for you

• Competitive salary £50,000 per annum, depending on your level of skills and experience.
• Annual Leave 26 days holiday per year increasing to 30 with the length of service. (Plus, bank holidays).
• Contributory pension – Defined Contribution - Maximum of 12% -2x employee contribution.
• Personal Medical Assessments – Open to all once a year.
• Wider benefits scheme including our benefits hub, which is packed full of offers and information to save you money and support your wellbeing.

Who are we?

We’re the UK’s largest water and wastewater company, with more than 16 million customers relying on us every day to supply water for their taps and toilets. We want to build a better future for all, helping our customers, communities, people and the planet to thrive. It’s a big job and we’ve got a long way to go, so we need help from passionate and skilled people, committed to making a difference and getting us to where we want to be in the years and decades to come.

Working at Thames Water

Thames Water is a unique, rewarding and diverse place to work, where every day you can make a difference, yet no day is the same. As part of our family, you’ll enjoy fast-tracked career opportunities, flexible working arrangements and excellent benefits.
Whether you’re interested in a role in one of our call centres or science labs, we’re looking for people like you with real passion and a burning desire to make things better.

So, if you’re looking for a sustainable and successful career where you can make a daily difference to millions of people’s lives while helping to protect the world of water for future generations, we’ll be here to support you every step of the way. Together, we can build a better future for our customers, our region and our planet.

Real purpose, real support, real opportunities. Come and join the Thames Water family. Why choose us? Learn more.

Our overarching aim is to ensure that Thames Water is a great, diverse and inclusive place to work. We welcome applications from everyone and offer extra support for those who need it throughout the recruitment process. Our aim is to remove any real or perceived barriers to success, so if you need assistance, we’re here to help and support.

Disclaimer: due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.