Risk & Assurance Advisor at UK Power Networks in Elephant & Castle

83005 - Risk & Assurance Advisor

This Risk & Assurance Advisor will report to the Risk & Assurance Manager and will work within the Finance directorate, based at Newington House in London. You will be a permanent employee.

The salary will be dependent on experience and the role attracts a 7.5% bonus.

Close Date: 01/11/2026

We also provide the following additional benefits

• 25 days annual leave plus bank holidays.
• Reservist Leave - an additional 18 days at full pay and 22 days unpaid.
• Personal Pension Plan - personal contribution rates of 4% or 5%, with a corresponding UK Power Networks contribution of 8% or 10%.
• Tenancy Loan Deposit Scheme and Season Ticket Loan.
• Tax-efficient benefits, including Cycle to Work, Home & Tech and Green Car Leasing schemes.
• Occupational Health support.
• Switched On - discounts on hundreds of retailers' products.
• Discounted gym membership.
• Employee Assistance Programme.

Job Purpose

You will play an important role in helping UK Power Networks identify, assess and manage risk, meet regulatory requirements and maintain effective internal controls. Working within the Risk & Assurance team, you will lead and support assurance activity across the organisation, provide clear and practical insight, and help colleagues strengthen controls and improve how work is delivered.

The Risk & Assurance team brings together Internal Audit, Enterprise Risk, Regulatory Compliance and Fraud Investigations. The team provides independent assurance over the effectiveness of the internal control environment and uses data analytics and appropriate assurance methods to support evidence-based insight and continuous improvement.

In this role, you will:

• Lead a varied portfolio of internal audit and assurance assignments, delivering clear, proportionate and high-quality outcomes.
• Assess risks and controls across the organisation and use evidence and professional judgement to agree practical recommendations.
• Produce accurate and timely information for quarterly reporting to shareholders on Risk & Assurance activity.
• Build constructive working relationships with colleagues at all levels, including senior leaders, and with relevant external stakeholders.
• Work across the wider Risk & Assurance team to identify opportunities for effective and efficient integrated assurance.
• Use data analysis to strengthen assurance work and support the responsible and safe use of AI.
• Explore and test new assurance techniques where they can improve quality, insight or efficiency.
• Communicate sensitive or complex findings clearly, respectfully and confidently.
• Contribute to continuous improvement across the Risk & Assurance team and the wider organisation.

Skills & Qualifications

Essential

• Experience in internal audit or a closely related assurance, risk or compliance role.
• A relevant professional qualification, degree or equivalent practical experience in audit, risk, compliance, finance, accounting, business or a related area.
• Ability to plan and deliver assurance work with appropriate independence, structure and attention to detail.
• Clear written and verbal communication skills, including the ability to produce concise and meaningful reports.
• Ability to build effective working relationships and influence constructively, including when discussing sensitive topics.
• Sound judgement, integrity and a commitment to ethical working.
• A collaborative approach and willingness to work across Internal Audit, Enterprise Risk, Regulatory Compliance and Fraud Investigations.
• Ability to identify opportunities for improvement and turn findings into practical recommendations.
• Confidence working with senior leaders and a range of internal and external stakeholders.

Desirable

• An audit, assurance, risk, accounting or compliance qualification, such as ACA, ACCA, CIMA, CIA or IRM.
• Experience in the utilities, energy or industrial sectors.
• Understanding of operational risk and working in a regulated environment.
• Experience of fraud investigations or regulatory compliance processes.
• Experience using data analytics within audit or assurance work.
• An interest in the energy industry and the UK's transition to net zero.

We recognise that strong candidates may bring relevant skills through different career paths. If you meet most of the essential criteria and believe your transferable experience could make you successful in this role, we encourage you to apply.

Health & Safety Responsibilities

Managers and supervisors carry both legal and company responsibilities for ensuring the health and safety of their employees, those under their control and those who might be affected by the work undertaken, i.e. public, visitors and employees of other organisations. This includes briefing individuals working for them and ensuring there is the necessary understanding, competence and application of requirements to work safely and without harming the environment.

Employees will ensure they fully understand the health and safety risks involved in their work activities and their responsibility to apply the controls needed to manage those risks to acceptable levels. Similarly where work activities can have an adverse impact upon the environment, and particularly where there are legal requirements, employees will understand those impacts and the controls they must ensure are applied.

Employees need to be aware that for some craft and operational roles that work at height, or use fall arrest devices, there is an upper weight limit of 116Kg due to maximum safe working load of the safety equipment that is used.

If in doubt ask!

We’re committed to creating an inclusive workplace where everyone feels welcome, valued and able to be themselves. We encourage applications from people of all backgrounds, experiences and perspectives. If you meet the essential criteria and believe your skills, experience or transferable strengths could make you a great fit for the role, we’d love to hear from you. If you need any adjustments or support during the recruitment process, please let us know and we’ll be happy to help.

We may use AI-enabled tools to support elements of our recruitment process. These tools help us manage applications more efficiently and consistently, but they do not make hiring decisions. All recruitment decisions are made by trained employees using human judgement and oversight. We are committed to using AI responsibly, fairly and transparently, in line with our legal, regulatory and ethical obligations.

Your data will be hosted within a secure environment and will only be used by UK Power Networks for the purpose of which it is intended. The data is used only as an input to provide insights for the screening process and is not retained by the model or by UK Power Networks’ contractor, shared with the contractor’s other customers or with OpenAI, or used to train or improve AI models.

We are committed to safeguarding and promoting the welfare of children and young people. Where applicable, this role is subject to safer recruitment processes and robust pre‑employment checks

If you have any queries in connection to this vacancy or your application, please contact us at careers@ukpowernetworks.co.uk quoting the vacancy reference number and a member of the team will get in touch with you as soon as possible.