Regulatory Innovation Lead

About the role

National Grid Electricity Transmission’s (NGET) Innovation team plays a big part in delivering an affordable network that is safe, reliable and resilient, and is critical for decarbonising the UK economy through innovation. We work with innovators and stakeholders through the entire lifecycle of an innovation project, to anticipate the future needs for NGET. 

As Regulatory Innovation Lead, you’ll be responsible for regulatory compliance, financial management, performance management and programme oversight for our innovation portfolio of projects. 

You’ll ensure compliance with all regulatory and financial obligations for Network Innovation Allowance (NIA) and Strategic Innovation Fund (SIF) projects, and lead on engagement with trade bodies, our regulator and appointed auditors to ensure processes and systems managed by the team are appropriate for their requirements. 

Leading on external reporting, assurance and audit activities associated with regulatory innovation project funding, you’ll manage processes to ensure all projects are fully compliant with the transmission license. 

You’ll work closely with the innovation engineers and finance teams to manage the multimillion NIA budget, and you’ll also carry out programme management and performance reporting for the NIA portfolio of projects, producing and presenting financial and programme reporting information to ensure projects remain on track.

You’ll be based out of our offices in Warwick for 2 days per week, and this can be combined with hybrid working from home.

What you'll need

With demonstrable experience of leading reporting and assurance processes, coupled with the ability to develop lean governance processes, you’ll have financial experience including budgets and forecasting.

You’ll have experience in creating portfolio level reports for senior management and be proficient in programme and project management, including the use of project management tools and techniques.

With the ability to schedule work and deliver to tight deadlines, you’ll have excellent written and verbal communication skills with experience presenting key portfolio information to senior management.

You’ll be able to demonstrate the ability to articulate the complex into the simple (both verbally and written) and be able to train team members on process, governance and compliance.  In addition, you’ll be proficient in contract management, and supplier engagement.

What's in it for you?

• A competitive salary of £58,900 - £74,000
• 26 days annual leave plus eight statutory days 
• The option to buy additional or sell holiday days.
• Generous contributory pension scheme - we will double-match your contribution to a maximum company contribution of 12%. Overall 18%.
• Financial support to help cover the cost of professional membership subscriptions, course fees, books, exam fees and time off for study leave – relevant to your role. 
• Access to benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few. 
• Family care benefits including a back-up care service for when your usual care arrangements fall through (six paid days each year as standard with the option to purchase further days). 
• Access to apps which support health, fitness and wellbeing.

More Information

This role is offered as a fixed term contract of up to 12 months to cover maternity leave.

This advert closes on 15th October 2024 however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary.

Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification. At National Grid we are committed to building a diverse, inclusive and authentic workplace for everyone. So, if you’re excited about this role but your experience or qualifications don’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.

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