Senior Asset Risk & Strategy Analyst

Overview

Lead asset risk modelling to support NGN strategic decisions & regulatory compliance

Key Responsibilities

• risk modelling
• regulatory reporting
• stakeholder engagement
• decision support
• asset deterioration
• performance assessment

Tasks

You will be responsible for delivering accurate and timely risk reporting to Ofgem, while also shaping the scope and implementation of key sector performance indicators such as Monetised Risk. Your expertise will help us make informed, data-driven decisions that balance cost, risk, and performance. Take the next step in your career and help drive smarter, risk-informed decisions at NGN As a Senior Asset Risk & Strategy Analyst, you will lead Northern Gas Network's (NGN) development and application of asset risk modelling to support strategic decision-making and ensure regulatory compliance. This role is central to embedding risk-based thinking across our asset management processes, helping to drive smarter investment planning and operational efficiency. -Lead NGN's programme of activities to deliver improvements to the Monetised Risk objective assessment -Co-ordinate and manage analytical tasks related to the regulation of NGN -Manage regular meetings with Ofgem and stakeholders, including preparation and delivery of presentations, critical appraisal of regulatory consultations and direct engagement on price control and business planning matters -Accountable for ensuring that NGN's decision support tool is able to meet the requirements of Monetised Risk reporting in an auditable and best practice manner -Embed continual improvement across analysis and decision making within NGN’s regulatory reporting and price control process -Develop asset deterioration models to embed BAU risk based decision making and to support business plan submissions -Accountable for assessing NGN's performance against the Monetised Risk objectives and identifying and prioritising activities that would improve NGN's ability in meeting the Monetised Risk objectives -Provide expert advice to embed learning and knowledge of regulatory targets, penalty and reward mechanisms, so that the impact of investments is understood

Requirements

• msc/phd
• uk regulations
• 5+ years
• c#
• python
• engineering

What You Bring

This is a high-impact role where your analytical insight and strategic thinking will directly influence how we manage our assets and meet regulatory expectations. -Further education (MSc or Phd) or demonstrable relevant analytical experience or qualifications -Understanding of UK Regulatory Framework for utilities – gas/water/power -Minimum of 5 years professional experience of developing asset deterioration and risk models (with consideration of probability and consequence of failure) -Experience of using coding language such as C#, R, Python -Degree in Engineering, Maths or other relevant discipline (minimum requirement) -Strong analytical, qualitative and quantitative research skills

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Benefits

Hybrid Working - Based at our offices Thorpe Park, Leeds or Doxford Park, Sunderland Up to 10% bonus Permanent, 40 Hours Per Week Salary from £51,230 -An array of fantastic family-friendly policies such as 6 weeks paternity leave (for eligible employees) and 6 months' full pay for employees on maternity leave (for eligible employees), as well as shared parental leave and many more! -25 days annual leave (plus recognised bank holidays and 2 half days over the Christmas period) -Flexible benefits and salary sacrifice options... from discounts on a variety of UK attractions, gym membership, restaurant discounts, experience days... and much more! -Up to 10% bonus per annum -A generous stakeholder 5/10 pension scheme -Salary from £51,230 per annum -SSP for the first 2 calendar days then occupational sick pay

About Northern Gas Networks

-Provides natural gas distribution across the North of England. -Ensures reliability and safety in gas delivery as part of the UK’s regulated gas distribution sector. -Recent innovations include advanced monitoring technologies and eco-friendly solutions for improving gas network efficiency. -Typical projects include large-scale pipeline replacements, emergency gas leak repairs, and the development of smart infrastructure. -Works closely with local communities to ensure minimal disruption and provide transparent communication during projects. -Focuses on developing sustainable energy solutions and preparing its network for future energy transitions.

Sector Specialisms