Senior Business Risk and Assurance Manager

at  Ofgem

London, England, United Kingdom -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate04 Aug, 2024GBP 62699 Annual05 May, 2024N/ATeams,Norway,Career OpportunitiesNoNo
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Description:

JOB SUMMARY

Join Ofgem in our commitment to guaranteeing a stable, cost-effective, and eco-friendly energy provision for every UK household and business. As a pivotal contributor to the shift towards Net Zero and a carbon-neutral energy framework, our endeavours bring positive effects to consumers and the environment alike. Embrace a role that shapes a sustainable future for all.
We’re seeking an exceptional Senior Business Risk and Assurance Manager to provide leadership and technical expertise in the delivery and continuous improvement of Ofgem’s Business Assurance Strategy. In this role, a primary objective is fortifying the adoption of an effective Three Lines of Defence (3LOD) strategy throughout Ofgem. Accomplishing this entails educating, guiding, and coaching individuals within the organisation.
The successful candidate will bring substantial experience in constructing business assurance frameworks, demonstrating the aptitude and assertiveness to both support and challenge the business in refining its approach, exceptional communication and collaboration skills, and the ability to build effective stakeholder relations and work seamlessly across diverse teams.
Your key responsibilities include providing subject matter expertise to ensure a consistent approach to assurance across Ofgem. You’ll offer independent assurance advice, sharing knowledge to enhance colleagues’ understanding and application of effective assurance and controls. support directorate leadership teams in improving assurance and control knowledge across the business.
The Senior Business Risk and Assurance Manager will contribute to the development of the Governance, Risk, and Compliance framework, enhancing the capability of the first and second lines of defence. Oversee the Directors Statement of Assurance process, ensuring a high-quality overview of governance, risk, and compliance oversight. Evaluate and challenge current controls within each business area, manage committee papers, and lead the Business Assurance review plan. Additionally, you’ll mature the assurance monitoring model within the 2LOD, conducting regular assessments of 1LOD assurance activities and ensuring alignment with the Ofgem risk management framework.
You will work closely with key stakeholders, including the Finance, Procurement and Risk Leadership Team, Audit Risk and Assurance Committee (ARAC), Risk and Assurance managers across Ofgem.
Directors, Deputy Directors, and Head of Business Corporate Risk and Assurance staff.
Join Ofgem and contribute to shaping the future of energy regulation and sustainability. Apply now and be part of a dynamic team committed to making a positive impact.

JOB DESCRIPTION

The Business Risk and Assurance Manager will provide leadership and technical expertise in the delivery and continuous improvement of Ofgem’s Business Assurance Strategy. The post holder will play a critical role in the strengthening of the first and second line of defence and be responsible for and delivering supporting the delivery of the assurance review plan annually.
Strengthening the understanding and implementing a successful Three Lines of Defence (3LOD) approach across Ofgem will be a key deliverable in this role. This will be achieved through educating, guiding and coaching individuals across Ofgem.
The post holder will have significant experience in building business assurance frameworks and have the skill and confidence to support and challenge the business on their approach. They will be tasked to guide and support directorates to implement a system of control that meets the need of the directorate and supports our Policy, Principles and Practices.
The role holder will be practised in leading a team of assurance specialists, providing leadership, coaching and support to develop their skills, confidence, and drive.

TECHNICAL SKILLS

We’ll assess you against these technical skills during the selection process:

  • Please refer to the Candidate Pack and Role Profile attached for full details.

Benefits
Alongside your salary of £45,614, OFGEM contributes £12,315 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.
Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; Hybrid working (currently 1 day a week in the office but is in review), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.
Things you need to know

NATIONALITY REQUIREMENTS

This job is broadly open to the following groups:

  • UK nationals
  • nationals of the Republic of Ireland
  • nationals of Commonwealth countries who have the right to work in the UK
  • nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
  • nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
  • individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
  • Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

Responsibilities:

Finance
Risk Management


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Financial Services

Accounts / Finance / Tax / CS / Audit

Finance, Business Analytics

Graduate

Proficient

1

London, United Kingdom