National Grid

Risk Management Specialist

National Grid • $99K — $117K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2-3+ years of experience in professional risk management or related field, specifically within Enterprise Risk Management (ERM) projects.
  • Bachelor's degree in risk management, business administration, accounting or a related field.
  • Professional Qualification in risk management, finance or audit preferred (e.g., ERMCP, CRM, CPA) or actively pursuing such qualification.
  • Strong communication skills, both written and verbal, for providing technical support and insights on risk management processes.
  • Competency in planning and reporting with foundational analytical skills and experience with visualization tools like PowerBI.

Responsibilities

  • Support the Risk team with core risk management activities aligned with the ERM Framework.
  • Assist Risk Manager and Risk Director in preparing insightful materials for workshops and stakeholder meetings.
  • Provide clear updates on risk management process status, actions, and identified gaps.
  • Contribute to internal projects related to risk management as directed by management.
  • Assess risks and propose recommendations for improvements based on evaluations.

Benefits

  • Hybrid working model providing flexibility between remote and onsite.
  • Career path opportunities for advancement within the organization as skills and experience develop.
Full Job Description
National Grid is seeking a Risk Management Specialist for our General Counsel, Risk & Compliance Assurance team. This position is located in Waltham, Massachusetts with hybrid working.

Job Purpose

The Risk Management Specialist will support the delivery of the organization's group-wide Enterprise Risk Management (ERM) Framework and Processes, ensuring conformance with internal policies, methodology, and relevant regulations, including Provision 29 of the UK Corporate Governance Code 2024.

This position will also assist with the implementation of effective risk management activities aligned with National Grid's Enterprise Risk Management (ERM) Framework in addition to supporting and reviewing the application of the risk management process and assess gaps, issues and recommendations for improvements.

Key Accountabilities

  • Support Risk team on applying effective risk management oversight and support on day-to-day core risk management activities in line with the ERM Framework.
  • Supports the Risk Manager and Risk Director in preparing materials, insights and analysis for risk workshops, stakeholder meetings and reporting.
  • Strong knowledge and understanding of all elements of the risk management process and able to provide clear and insightful updates of status, actions and gaps.
  • Contributes to internal projects, as needed, on risk management issues or areas of concern as directed by the Risk Manager or Risk Director, that align with business and ERM objectives.


Qualifications

  • 2+ years of experience in professional risk management field or related professional field, including experience working on Enterprise Risk Management (ERM) projects or teams.
  • Bachelor's degree (or equivalent) in risk management, business administration, accounting or similar relevant field.
  • Professional Qualification (or working towards it) in risk management, finance or audit from a recognised institute.
    • (e.g., Enterprise Risk Management Certified Professional (ERMCP), Certified Risk Manager (CRM), Certified Risk Management Professional (CRMP), Chartered Accountant (ACA, ACCA, ICAS), Certified Public Accountant (CPA) or Certified Internal Auditor (CMIIA or CIA).
  • Ability to provide technical support and advice on core elements of the risk management process demonstrating sound technical knowledge and good communication skills, both written and verbal.
  • Strong planning and reporting skills.
  • Developing analytical skills, data analytics skills preferable, and good understanding of visualisation tools (e.g., PowerBI) and the use of GRC technology to document work and drive insights.
  • Problem solving skills and continuous improvement mentality.


More Information

#LI-MR1 #LI-HYBRID

Salary

$99k - $117k a year

National Grid will not be providing visa sponsorship for this position now or in the future. You must have the ability to work without a need for current or future visa sponsorship.

National Grid utilizes an assessment that evaluates the job qualifications/characteristics using AI or statistically based scoring. For more information, please view NYC Local Law 144.

This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Internal candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.

Please ensure you meet eligibility requirements for internal and lateral moves in line with the Global Recruitment and Hiring Policy.

About National Grid

National Grid plc is a British multinational electricity and gas utility company headquartered in London, United Kingdom. Its principal activities are in the United Kingdom (where it owns and operates electricity and gas transmission networks) and in the Northeastern United States (where as well as operating transmission networks, the company is a producer and supplier of electricity and gas). National Grid has a primary listing on the London Stock Exchange, and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £31.4 billion as of 23 September 2021, the 26th-largest of any company with a primary listing on the London Stock Exchange.
Learn more about National Grid
Size
23,500 employees
Market Cap
$44 billion
Industry
Net Income
$1.4 billion
5 Year Trend
+4%
Revenue
$14.7 billion

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