Asset Strategy Manager

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Job Title: Asset Strategy Manager Grade: Band 3 Salary: Circa £56,900 (dependent on skill, knowledge and experience) + TfL

Benefits

Contract Type: TfL Permanent / Full Time / Hybrid Location: Southwark (including various TfL sites across London) Reference: SF5480 Hybrid working, within this role enables a balance of 50% of time split between the office and home over a 4-week period. Hybrid working arrangements can evolve subject to business requirements.

This role requires a lot of stakeholder management and so a 50% presence in the office is expected. The closing date for applications is Tuesday 8 September @ 23:59 All offers of employment are subject to satisfactory right‑to‑work checks. Candidates must be able to demonstrate their right to work in the UK.

At the present time TfL is unable to offer visa sponsorship for this role. This is an exciting opportunity to be part of the TfL Asset Strategy team and be at the heart of London’s long‑term asset renewal and investment planning.

We are looking for someone who can think strategically but also have a good eye for detail, can carefully balance competing priorities and can work as a team to support peers and colleagues.

This role requires someone who can work at pace, who is always looking for the next challenge and has a restless curiosity – able to ask sensible questions to get the nub of the problem and then bring ideas to the table to solve those problems.

The successful candidate will also be able to balancing stakeholder expectations and have an ability to communicate effectively to a variety of audiences – both written and verbal. Overview of Role Support the development of the asset strategy for the designated asset type and develop specific sections and sub-strategies.

Develop and oversee 10 year asset master plans for specific areas, including cost, risk, work scope, condition and performance. Strategic planning of capital and operational expenditure throughout the asset life-cycle for a designated asset type. This will include stakeholder engagement, and securing of funding through the business plan.

To provide leadership for a designated sub asset type within LU (e.g. financial, technical and commercial aspects). Develop and manage appropriate asset models and use these to predict the future needs of the designated asset type.

The role holder must also look to make savings wherever possible and ensure that money saving is a continual theme of asset strategy in LU. This role is also a contributor to driving a safety culture across the whole of London Underground and TfL. Key

Accountabilities

Support the development of the asset strategy and develop specific sections and sub strategies. Develop asset specific predictive models to inform planning of cost, performance and risk over the course of the asset life cycle. Influence and define asset information data sets in order to populate models and inform decisions.

Develop and oversee long term plans for a designated sub asset type within LU. Collaborate and lead across the business to ensure plans are fit for purpose, are accepted by operational and technical areas.

Ensure capital and operation expenditure are in line with the requirements of the asset strategy and plan to obtain the effective balance between whole life cost, operational and customer needs and revenue generation. Manage the sub asset specific inputs to the business plan in terms of cost, risk, performance and customer experience.

Oversee and monitor all aspects of planned works in line with deliverables as set in the asset 10 year asset master plan, reacting to areas of change in line with the overarching objectives of the plan. Provide input, review and acceptance of annual maintenance plans for specific sub asset area.

Actively seek cost savings and efficiencies from the asset base and from asset development programmes. Provide input and expertise to asset management practices, innovation and development projects to grow the asset management maturity in the asset group.

Skills, Knowledge & Experience Skills Good stakeholder management and communication skills (e.g. written, verbal and presentational) Proven ability to write strategic and analytical reports Proven ability to define requirements for programmes of work.

Proven ability to deliver whole life value (e.g. the balance of cost, risk, performance etc. throughout the asset lifecyle).

Proven ability to use data or information to develop a strategic recommendation and present this to stakeholders. Proven ability to influence and operate effectively within a complex organisational framework Knowledge Good understanding and application of the principles of Asset Management.

Good understanding of project and maintenance practices Understanding of the application of asset management to supply chain contracts Knowledge of large asset management organisations, their physical asset base, main contractual relationships and regulatory frameworks (where appropriate).

Understanding of the overarching TfL business strategy Experience Ability to understand a very broad range of strategic management issues and respond in an agile way.

Experience of developing asset strategies and plans Experience of developing business cases based on whole life cost principles making the case for high-value capital projects. Experience of developing Asset Management maturity to achieve good practice. Experience of delivering a prioritised work programme.

Equality, diversity, and inclusion We are committed to equality, diversity and inclusion and aim to reflect the diverse communities we serve. We believe that a diverse workforce enables us to deliver better services and outcomes. Our goal is to make our recruitment as inclusive as possible.

As a Disability Confident Leader, we actively encourage applications from disabled people. As part of the Disability Confident scheme, we aim to offer an assessment or interview to candidates who apply via the scheme where the minimum essential criteria for skills, knowledge and experience has been met.

In some circumstances, it may not be practical to offer an interview or assessment to every candidate who applies through the scheme and meet the minimum essential criteria; in these situations, we select candidates who best meet the minimum criteria for the job rather than interviewing all who meet them.

Across all recruitment activity, we recognise that selection methods may vary depending on the nature and scale of the campaign and will be applied fairly, consistently and proportionately in line with our Disability Confident commitments.

Application Process

Please apply using your most recent CV and mandatory 1 page Cover Letter (Word format only) explaining how you meet the criteria listed under the section ‘Role Requirements’, with reference to the skills, knowledge and experience you have gained at expert level.

You are encouraged to apply for the position that is most relevant to your existing skills, knowledge and experience as shortlisting is carried out on the basis of how well you meet the criteria for the role.

The closing date for applications is Tuesday 8 September @ 23:59 Vetting Process At Transport for London, safety, trust and fairness sit at the heart of how we recruit.

Our Vetting Charter ( https://tfl.gov.uk/corporate/careers/our-vetting-process ) explains the checks we carry out before you join us, helping ensure we create a safe, inclusive and reliable network for everyone who depends on our services.

We simply ask that the information you provide is honest and accurate so we can progress your application smoothly. If something doesn’t match or can’t be verified, we may not be able to move forward with your application, but we’ll always treat you with transparency, respect, and clear communication throughout.

Benefits

In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow.

Rewards vary according to the level of role but mostly include the below: Final salary pension scheme Free travel for you on the TfL network Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home 30 days annual leave plus public and bank holidays TfL is committed to work-life balance, operating a hybrid working approach where business and role requirements allow Private healthcare discounted scheme (optional) Tax-efficient cycle-to-work programme Retail, health, leisure and travel offers Discounted Eurostar travel We will make every effort to give you as much notice as possible, however some interviews/assessments could be organised at short notice.

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