Regulatory Compliance & Assurance Officer

Company description:

Water Utility Company based in Yorkshire region of England.

Job description:

Regulatory Compliance & Assurance Officer

Hello! Thanks for stopping by. Let us tell you about all the great reasons to join us here at Yorkshire Water:

• We offer a competitive salary, depending on experience £37,033 - £46,293
• Annual incentive related bonus (£1000 maximum bonus opportunity for the performance year)
• Attractive pension scheme (up to 10% company contribution)
• Development opportunities in line with the Regulatory Compliance & Assurance Officer progression plan
• 25 days annual leave plus bank holidays plus an extra wellness day!
• Life assurance cover of 4 times pensionable salary
• A great benefits package choose from health cash plan scheme, critical illness insurance, dental insurance, life assurance flex and partner cover.
• Retail savings scheme
• Online GP service, cycle to work scheme, gym membership discounts and many more!

Location: Buttershaw / Hybrid Working (2 days office a week Bradford)

Work type: Permanent. 37 hours per week, Monday Friday.

We have an exciting opportunity for a Regulatory Compliance & Assurance Officer to join the Strategy & Regulation team at Yorkshire Water and be a part of helping Yorkshire Water to provide the best service to our customers. Could this be you?

What we do:

Everyone has an idea of what a water company does. Here in Yorkshire, we make sure that over 5.4 million people living in the region and the millions of people who visit our region each year, can rely on our services, and have clean and safe drinking water on tap and that their wastewater is taken away. But for us, its so much more than this.

We look after communities, protect the environment, and plan to look after Yorkshires water, today, tomorrow 24/7, 365 days a year. We provide essential water and wastewater services to every corner of the Yorkshire region, and play a key role in the regions health, wellbeing, and prosperity.

New environmental legislation, unprecedented levels of investment and changing expectations from customers means that this is an exciting time to discover opportunities within the water industry. Strategy & Regulation are a key part of how we plan to meet the changing expectations of customers and regulators.

Yorkshire Water needs to be compliant with all regulatory reporting guidelines and must produce reports, as required, for our regulators, our customers and other stakeholders. This includes our Annual Performance Report and other supporting publications.

The Regulatory Compliance and Assurance Officers will monitor compliance with the 15 statutory or regulatory obligations relevant to the Regulation team. Working with subject matter experts, they will ensure that there are relevant policies, procedures, standards, controls and training and that these are being followed. They will hold lessons learned exercises for breaches or near misses. They will monitor and assess the adequacy and effectiveness of the regulatory practices, policies, risk, and control assessments and enhance compliance culture at Yorkshire Water.

Where you fit in:

As our Regulatory Compliance and Assurance Officer you will

• Provide specialist technical advice on regulatory reporting requirements
• Ensure reporting requirements have roles and responsibilities allocated, train and support individuals in delivering their accountabilities.
• Undertake regular risk reviews across business teams within Yorkshire Water, ensuring these are being appropriately acted upon and assurance plans are created and agreed. This will also involve communicating the risks and escalating risks as required.
• Build and manage the Level 3 external audit and assurance programme, in line with completed risk assessments for regulatory reporting, ensuring internal and external stakeholders adhere to agreed deadlines.
• Conduct compliance reviews and complete due diligence across the company to ensure controls continue to comply with regulatory reporting requirements across multiple business areas and ensure these are reviewed considering any updated requirements.
• Manage collective administrative tasks required for the Regulatory Assurance. This could involve managing audit trails, writing letters for external or internal contacts, reviewing contracts, documenting procedures and ensuring documents are collated and recorded adequately.
• Supporting Yorkshire Water business teams to complete recommendations and actions, supporting on projects and proactively identify and deliver continual improvement on ways of working.

If you want to know more, please contact the team on . We are happy to talk to you about what the role involves and how we can support you in excelling in this role.

What skills & qualifications you will need:

• Degree, qualification or experience in regulatory reporting, compliance, assurance and / or risk management.
• Strong networking, interpersonal and influencing skills, with ability to develop and maintain effective and extensive internal and external relationships.
• Good knowledge and use of Microsoft 365, including SharePoint and Excel.
• Experience of report and presentation writing with excellent verbal communication skills.
• A self-starter who can take initiative
• Self-driven, able to identify and source data and information to support reviews and recommendations.
• Proactively finds solutions and influences future activities, based on analysis of information.
• Holds the highest standards of integrity and ethics
• Clearly demonstrates the Yorkshire Water company values and behaviours

You will also benefit from having:

• Previous experience gained within the water sector, or broader regulated utilities.

Although we operate 24 hours a day, 365 days a year, its important to us that we support flexible working patterns and job share options (when we can), to help you make the best of both your work and home life. We know that juggling childcare responsibilities or getting that ideal work/life balance isnt always easy!

Do we sound like your cup of tea?

Closing date 3 October 2024

If youve got experience in Regulatory Compliance & Assurance and want to help us deliver great service for our customers whilst looking after the environment, then be sure to apply today to find out what a career with Yorkshire Water can offer you.

If successful for the role, you will be required to undergo pre-employment checks that will include a Basic Disclosure Check, carried out through a Third-Party Company, prior to commencing employment. Depending on the role, you may also be required to go through the security vetting process for either a Counter Terrorist Check or Security Check clearance.

All our roles are subject to a medical questionnaire, and further medicals when required.

We are proud to serve the Yorkshire region and are committed to creating a diverse and inclusive environment that is reflective of the communities we serve. We strongly encourage candidates of all different backgrounds to apply.

Kelda Group reserve the right to close this position before the published closing date, should the need occur. We therefore advise that you complete and submit your application as soon as possible.

Profile description:

The Regulatory Compliance and Assurance Officers will monitor compliance with the 15 statutory or regulatory obligations relevant to the Regulation team. Working with subject matter experts, they will ensure that there are relevant policies, procedures, standards, controls and training and that these are being followed. They will hold lessons learned exercises for breaches or near misses. They will monitor and assess the adequacy and effectiveness of the regulatory practices, policies, risk, and control assessments and enhance compliance culture at Yorkshire Water.

We offer:

• We offer a competitive salary, depending on experience£37,033 - £46,293
• Annual incentive related bonus (£1000 maximum bonus opportunity for the performance year)
• Attractive pension scheme (up to 10% company contribution)
• Development opportunities in line with theRegulatory Compliance & Assurance Officerprogression plan
• 25 days annual leave plus bank holidays plus an extra wellness day!
• Life assurance cover of 4 times pensionable salary
• A great benefits package choose from health cash plan scheme, critical illness insurance, dental insurance, life assurance flex and partner cover.
• Retail savings scheme
• Online GP service, cycle to work scheme, gym membership discounts and many more!

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