2018 Commercial Graduate Programme - Compliance Specialist
This role will assist the Compliance Programme Manager and the Compliance team to manage the Regulatory Compliance Programme across UK Power Networks’ regulatory submissions.
- Developing and implementing a risk-based regulatory compliance control framework;
- Documenting regulatory reporting processes, risks and controls;
- Supporting the business to understand areas of ambiguity in the regulations and documenting company definitions and interpretations;
- Promoting compliance by maintaining an understanding of relevant regulatory requirements, risks and controls to provide advice and guidance;
- Monitoring activities by ensuring that compliance procedures, documentation, systems and controls are up-to-date and operating effective;
- Analysing the adequacy of management information in managing regulatory risk;
- Facilitating the design, delivery and roll out of regulatory compliance training;
- Supporting the development and maintenance of the overall compliance dashboard; and
- Managing critical stakeholder relationships
NB- accountabilities will vary according to the nature of the rotational placements you choose to undertake.
Knowledge, Skills, Qualifications and Experience:
- Applicants must have or be on course to obtain a 2.2 degree classification, in a numerical discipline (such as Economics, Finance, Mathematics) or business or law-based degrees or closely related subject.
- Professional qualifications in a compliance and risk related subject would be advantageous but not essential.
- Applicants must be excellent communicators
- They should also demonstrate innovative approaches to problem solving and an ability to negotiate
- To develop and demonstrate our UK Power Networks Leadership Competencies.
Nature and Scope
The Compliance team is a relatively new team in the Risk and Assurance team reporting to the Head of Internal Assurance. The team has been set up to address and manage compliance key regulatory submissions that we make to the regulators.
The Graduate Programme
Year 1: The programme begins with an eight-week induction during which time you will gain an in depth insight into our business and will also receive training in additional areas such as finance, accounting and successful negotiation.
You will also attend some engineering specific courses to introduce you to the technical aspects of our industry.
Throughout your first year you will have a home base location in our Newington House office in London which is close to the Elephant and Castle. You will divide your time during this year between your home base and shorter rotational placements in other business areas.
Year 2: In your second year, you’ll then progress into your first supported role in the business which will see you based at your original home base location. During this time you will continue to be part of the graduate programme and will receive all of the mentoring and support you need to ensure you succeed. You will gain valuable work experience – not to mention the opportunities you need to gain the professional qualifications to become a future leader in your field.
At the end of the two years, you will then have the choice to continue working in your home base location and business area or at another location. Our graduate career progression policy will ensure that you continue to be supported in your professional development.
Over the course of the programme, you’ll be reviewed on a quarterly basis to monitor your progress and development. You will also have access to exciting opportunities such as attending external industry conferences and site visits.
If you share our values, want to play a role influencing the energy industry’s future and want to join a critical sector at a critical time of change then we believe our unique combination of classroom training, hands‐on work and real life experience as well as competitive benefits will get your career with us off to a flying start!
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 are responsible for ensuring 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 are responsible for understanding those impacts and the controls they must ensure are applied.
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