What you’ll be doing
as an Asset Health & Risk Lead
1. Develop an understanding of the underlying asset health and system resilience of several asset cohorts and use this insight to identify the activities needed to balance cost, risk and performance.
2. Work collaboratively across Thames Water with teams such as System Planning, Operations, Engineering, Strategy and Regulation and Health and Safety to gather insight, inform decisions and establish a sustainable and robust strategic planning approach that proactively improves the health of our assets.
3. Provide strategic direction to System Planners to embed the foundations of asset health into their regions.
4. Define and implement asset health metrics and risk assessment frameworks that inform long-term plans and proactive capital maintenance programmes accounting for the effects of asset deterioration and maintenance interventions.
5. Assist in the production of strategies for each asset cohort.
6. Input into the investment plans for the Periodic Price Reviews, ensuring the appropriate level of investment to offset deterioration and improve performance.
7. Adopt best practice frameworks (consistent with ISO 55000 standards) as part of our overarching Asset Management System.
8. Monitor, assure, and regularly review asset health plans to ensure they are embedded, deliverable, and sustainable for long-term risk management.
This role will be based at Clearwater Court, Hybrid. You will be required in the office and on-site as the needs of the business and roles require you to.
What you should bring to the role
To thrive in this role, the essential criteria you’ll need is:
9. A background in Asset Management or Engineering (Degree or extensive experience).
10. A knowledge of asset management principles and techniques and an understanding of the regulatory landscape in which we operate Logical thinker with excellent communication and collaboration skills.
11. Act as a subject matter expert for your asset cohorts to ensure we have the right balance of long- and short-term investment choices.
12. Engage and liaise across the business and the broader industry to understand and apply best practices and emerging technologies for assessing and maintaining healthy assets.
13. Interpret complex data and make recommendations using your strong communication, influencing, negotiation and analytical skills.
Nice-to-haves that would make you stand out:
14. Previous experience and knowledge of the UK water industry and management systems are desirable.
What’s in it for you?
15. Competitive salary of £45,800- £54,000 per annum, depending on experience.
16. 26 days holiday per year, increasing to 30 with the length of service. (Plus bank holidays)
17. Contributory pension – Defined Contribution - Maximum of 12% -2x employee contribution
18. Personal Medical Assessments – Open to all once a year.
19. Performance-related pay plan directly linked to company performance measures and targets.
20. A wider benefits scheme includes our benefits hub, which is packed with offers and information to save money and support your well-being.