Graduate Investment Delivery Engineer, Electricity Transmission - National Grid
- You must have, or be predicted to gain, a 2:2 degree classification or above in the following subject: Engineering degree.
- To apply for this role, you must hold a valid full UK car driving licence.
- This programme consists of rotational placements and therefore you must be willing to relocate as and when the programme requires.
About the Role
Joining the Investment Delivery Engineer (IDE) graduate programme you will work with experienced engineers to determine what we build, when we build it, and how we fund it. As an IDE you will lead a cross-company team through the Optioneering phase of our investment process and take these multi-million pound schemes in front of the investment committee to sanction.
Optioneering, (generating a variety of options then choosing the preferred due to customer requirements, safety, cost and all other risk factors) is the core of the IDEs role. This process helps us to determine what is best for National Grid’s portfolio as a whole, rather than by individual asset or scheme.
An IDE is accountable for managing business issues associated with investments until the investment is closed. They will ensure the governance of the investment is managed, seeking sanction and re-sanction where necessary.
IDE’s working on Generator or Demand customer schemes directly interact with our customers and also act as an interface at Joint Technical Planning Meetings (JTPM) with Distribution Network Operators (DNOs).
Key Tasks and Areas of Work
- Assist in the creation of a sustainable Capital Plan by accurately forecasting the scope, cost and timing of a portfolio of future electricity investments.
- Write investment sanctions/re-sanctions and closure papers to a professional standard, incorporating contributions from other members of the Investment Management Team that include the correct drivers, scope, programme, costs, financial treatment, RIIO impacts, and lessons learned as appropriate to ensure Investment Committees have a clear articulation for that investment’s rationale.
- Assist in the re-examination of need cases and build/non-build options.
- Monitor investment evolution and delivery against value, need case, and affordability by ensuring any change in circumstance is fully evaluated and assessed.
- Fulfil duties of a Construction Design and Management (CDM) client role for ETO.
- Regularly review and update a personal portfolio through the agreed mechanisms to ensure it reflects the latest position.
As soon as you join you will work with colleagues at all levels across the business, as well as high profile customers and external stakeholders, to influence multi-million pound projects. This role brings together deep engineering aspects with commercial factors to create a role truly at the core of National Grid.
You will analyse need cases, evaluate options, prepare project briefs, justify financial spend proposals, manage stakeholder expectations, and monitor the delivery of multiple projects throughout England or Wales.
At every stage, you’ll enjoy hands on support and the chance to develop your existing engineering skills, and learn brand new ones too. And if you do well, you’ll be supported in achieving Chartered Engineer status before starting a successful career as a professional engineer.
Disabilities and Reasonable Adjustments
If you consider yourself to have a disability, long term health condition and/or require any reasonable adjustments to complete any part of our application process, please make us aware as soon as possible so we can make the relevant adjustments.
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Telephone: 01926 654630