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Head of risk & internal audit

Stroud (Gloucestershire)
Ecotricity
Head of risk
Posted: 20h ago
Offer description

About The Role

Effective identification and management of risk is critical to our ongoing success. Reporting to the Finance Director, you will be responsible for all aspects of risk management, insurance and internal audit within Ecotricity Group. Working across all areas of the Group, from trading and generation to retail, you will use insights gained from deep understanding of business risks to bring a cohesive approach to insurance programme management and the internal audit plan. You will also support Ecotricity’s New Venture businesses in the development of their risk management and insurance frameworks.

A critical part of this role is ensuring strong alignment across the leadership team on risk appetite, governance and required behaviours. You will act as a strategic partner to senior leaders, helping define clear guardrails for decision-making and embedding risk-aware thinking into the culture of the organisation.

Key Accountabilities

1. Drive the ongoing development of an effective risk policy and definition of risk appetite within Ecotricity Group and New Ventures.
2. Provide strategic leadership on risk across the Executive team, ensuring alignment on risk appetite, tolerances, and governance expectations. Translate these into clear, practical guardrails that enable effective and responsible decision-making across the Group.
3. Collaborate with departmental heads and risk owners to ensure risk registers are properly maintained across Ecotricity Group and Ecotricity New Ventures. Provide central co-ordination and support, setting out and communicating requirements and deadlines.
4. Ensure all business risks are captured and assessed on a comparative basis in line with risk policy/appetite, and with appropriate mitigating controls and actions.
5. Establish and maintain a framework for monitoring compliance with existing mitigation plans, ensuring plans are operating effectively.
6. Champion a positive risk culture by integrating risk considerations into strategic planning, operational decision-making and cross-functional initiatives, ensuring risk is understood as an enabler of organisational success.
7. Manage risk reporting to all key groups including Risk & Audit Committee and Executive Board. Outside of this, deliver timely ad-hoc updates on changes in risk profile to senior management across the business.
8. Partner with senior management by leading the Risk & Audit Committee, providing guidance and insight on key and emerging risks and suggesting collaborative solutions where these exist.
9. Develop the internal audit plan, with the Audit Manager, ensuring a risk-based approach taking all key considerations into account.
10. Play a key role in complex projects related to risk. Help develop solutions to complex problems through an in-depth understanding of risk concepts. Provide innovative thinking that delivers practical and timely solutions that help manage risk and improve commercial outcomes.
11. Work with insurance broker(s) and key business heads to oversee Ecotricity’s and the wider group’s insurance programme design and execution. Through understanding of key business risks, identify new insurable risks and work with broker/business owners on cover options.
12. Lead the insurance renewal process from collection and submission of data to allocation of charges across group companies and distribution of policy documentation.
13. Oversee the reporting, handling and impact assessment of all insurance claims across the programme. Drive down premiums by working with stakeholders to apply best practice and deliver risk-mitigation improvements across the organisation.
14. Other ad hoc duties as required.

About You

Prioritisation of workload: Highly organised and able to manage the workload of yourself and your team, with the ability to prioritise competing tasks.

Interpersonal skills: Exceptional interpersonal skills, able to deal effectively with queries and build relationships with colleagues across different functions and levels. You will be able to flex your style with internal and external stakeholders across risk, insurance and internal audit.

Influencing and leadership: Able to influence senior stakeholders and drive alignment across executive leadership. Comfortable shaping conversations around difficult or emerging risks and guiding the organisation towards consistent and balanced decisions.

Collaboration: Able to break down silos and bring different teams together to achieve strong, cohesive outcomes for the organisation.

Attention to detail: High level of accuracy in all areas of work; comfortable working hands-on as well as directing and overseeing the work of others.

Ability to work at pace: Able to propose solutions and act independently, with the confidence to effectively challenge the status quo.

Strategic thinking: Able to think strategically and ensure the risk management strategy flows down to an operational level and aligns to the organisation’s risk appetite.

Knowledge, skills and experience

Essential:

15. Have sound understanding, and experience, of risk management, control frameworks, and governance, most likely in a regulated industry.
16. Demonstrate an understanding of the three lines of defence.
17. Experience of implementing frameworks in a business to manage risk whilst improving commercial outcomes.
18. Team management.

Desirable:

19. Relevant professional qualifications (e.g. CertIRM, CIA, ACCA, CIMA).
20. Experience in the energy sector or similarly regulated industry would be highly advantageous.
21. Experience of managing insurance would be advantageous.
22. You will be competent in using Microsoft Office packages (primarily Outlook, Excel & PowerPoint).

About Us

What's in it for you...

23. Healthcare plan, life assurance and generous pension contribution
24. Volunteering Day
25. Hybrid Working
26. Various company discounts (including shops, gyms, days out and events)
27. Holiday of 25 days (plus bank holidays) & ability to buy/sell days
28. Cycle to work scheme, car pooling and onsite parking available

As a valued member of the team, you will be supporting the Group Environmental Policy and its associated sustainability objectives and targets.

Flexibility statement

The fast moving nature of the company's business means that from time to time you may be asked to perform duties or tasks outside of your original job description on an ad hoc basis. This allows the company to use its people in the best possible way at all times and helps the employees to make their contribution in a changing environment.

Ecotricity is Britain's greenest energy company. When we started back in 1995, we were the first company in the world to provide a new kind of electricity - the green kind.

Our mission was, and remains, to change the way energy is made and used in Britain - by replacing fossil fuels with clean, renewable energy.

We don't just supply green energy, we use the money from our customers' bills to make it ourselves too - we build windmills, sun parks and green gasmills in Britain. We call this turning 'bills into mills'. Some of our biggest achievements to date include building Britain's first megawatt windmill and the country's first grid-scale sun park, as well as building our first green gasmill, generating 100% green gas from a source that we will never run out of grass.

We don't just focus on energy though- we built the Electric Highway, Britain's leading network of electric vehicle charging points; we helped Forest Green Rovers become the greenest football club in the world; and we launched Britain's greenest mobile phone service, Ecotalk, where they use the money from their customers' bills to protect and regenerate Britain's lost rainforests.

Ecotricity is an equal opportunities employer and is committed to providing equality for all.

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