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Asset Investment Senior Engineer (Investment Portfolio Planning)

Contact Type: Permanent // Full Time

Base Location: Ansty Business Park, Coventry CV7 9JU & Hybrid Working

Salary: £49,016 - £57,666 depending on qualifications and experience

At Cadent we’re excited to be part of the future of UK energy! We’ve got a clear roadmap that will both drive our performance to the forefront of our industry and support the UK government in achieving their net zero target by 2050.

We’re making a difference through innovation and new ways of working. Together we’re shaping/creating a cleaner, greener future for our 11 million customers who we put at the heart of everything we do.

About The Role

Every day is different! Exciting opportunity to be part of Cadent's Asset Management team. We’ve set ourselves the ambition to be world class in Asset Management, making the most of digital and data driven technologies and are looking for passionate, energetic, inquisitive individuals who either have experience or want to develop experience in Asset Management

As an Asset Investment Senior Engineer you're responsible for the creation, embedding and assurance of Cadent’s rolling 5-year Investment Plan in order to achieve Cadent’s objectives and meet our regulatory commitments. In this role, you will seek to optimise the balance of cost, risk and performance of the gas distribution network assets in line with our customer and stakeholder expectations. You'll lead and support projects to improve Cadent’s Asset Management Maturity, building partnerships and strong relationships with Investment Planning Offices providing guidance to support SAMP interpretation and NAMP development.

Another important aspect of the role is maximising opportunities to apply process improvement and best practice methodologies (where appropriate) to improve process efficiency. You'll understand the difference between diversity and inclusion and what is meant by creating an inclusive environment.

Role Accountabilities:

Using the Institute of Asset Management (IAM) model for Asset Management, the role holder will:

• Be responsible for the development and implementation of a rolling 5-year Investment Plan which recognises the existing strategic business objectives, regulatory commitments and aligns to Cadent’s overall Asset Management Policy (G/30) and Asset Management Strategies
• Support the business planning process for investment and work with all stakeholders (delivery partners to the board) to deliver an optimum outcome
• Be responsible for the development of relevant Decision Support Frameworks to support delivery of asset strategies and ensure consistent decision making for investment within the networks
• Support in providing assurance of delivery on the Investment Plan driving Cadent level portfolio and supporting optimisation through working collaboratively with local Investment Planning Offices, Capital Delivery and other delivery partners
• Liaise with relevant local Investment Planning Offices to understand delivery against plan and agreed strategies, understanding and highlighting risks and opportunities to plan
• Ensure by effective stakeholder engagement that the Strategic Asset Management Plan is Asset Management deliverable and the business plan is aligned to both financial requirements and resource constraints
• Contribute to the development of Cadent’s Asset Management Policy (G/30) and overall Strategic Asset Management Plan (SAMP)
• Ensure resolution of any relevant internal/external audit actions and support the ongoing accreditation of ISO55001

Qualifications & Skills required

• Degree in a relevant subject or equivalent business experience
• Incorporated Engineer or equivalent recognised certification in Asset Management
• Understanding of the UK Energy Systems and Markets & knowledge of the RIIO regulatory framework
• Great communicator and effective collaborator with strong influencing skills
• Experience of asset management and investment planning for a large asset base
• Understanding of Process Safety & Strategy Development
• Experience of working with complex engineering assets
• Ability to analyse and interpret complex technical and data issues to form insights and recommendations

What’s In It For You

Here at Cadent, we are committed to supporting our employees to get the best out of themselves. For this role in particular we can offer:

• Funding and support towards completing qualifications

• Ample opportunity for progression within the business

• Mentoring and guidance opportunities

Benefits

• We offer a host of benefits to suit your lifestyle and support your well-being. These include:
• Annual bonus
• Pension Scheme double matched up to a total of 18% of salary (i.e., employee contributions of up to 6%, double matched by a Cadent contribution of up to 12%)
• 25 days holiday, plus statutory days, and an option to buy more
• Fantastic career development prospects with funded learning options, including support with exams, and internal and external learning and development
• Strong focus on supporting you as an individual including:
  • hybrid working (Where role permits)
  • flexible working
  • strong commitments to ED&I
  • generous family provision policies
• Flexible benefits including cycle to work scheme, salary sacrifice car scheme, insurance, and healthcare packages, plus much more
• My Offers membership card – offering discounts and savings from hundreds of retailers
• 2 paid volunteering days per year
• Free gym access at the Ansty office, as well as a ‘Gympass’ scheme providing free or heavily subsidised local gym memberships

We want our employees to achieve a healthy work-life balance and are happy to discuss flexible working options with you if the role can accommodate it. Let us know about your flexibility requirements, whether that be reduced hours, remote working, flexible start/finish times, or compressed hours, and we will be more than happy to explore what’s possible for the role.

Diversity and Inclusion
Don’t meet every single requirement listed?

Understanding, learning, and celebrating what makes us different, as well as what we have in common, is good for us as individuals and enables us to work better together as one team. Cadent is committed to being an equitable and diverse employer that fosters an inclusive culture for all our employees, therefore, all our employment decisions are assessed based on qualifications, merit, and business need. So, if you’re excited about this opportunity but your experience doesn’t align perfectly with every qualification mentioned, we would still love for you to submit your application – You may just be the right person for this role or other opportunities at Cadent.

As a recognised Disability Confident Employer, we are proud to champion inclusion in the workplace and ensure to provide an environment that is accessible to all and supports individuals throughout their journey with Cadent. Please let us know if you require any reasonable adjustments during the application process.

We place great importance on equity, diversity and inclusion, and we welcome applicants from all backgrounds. Our employee communities Women in Cadent, Pride at Work (LGBTQ+), Embrace (ethnicity and religion), Thrive! (disability) and the Cadent Military Community can’t wait to welcome you!

Circle Back Initiative

As an active and proud member of The Circle Back Initiative, we aim to ensure that all candidates receive a response to their application, regardless of the outcome.

We will be receiving applications until the specified date above, though Cadent retains the right to close this vacancy early without prior notification, so it is advisable to complete your application at your earliest convenience.

Be part of something big. Help shape the future of gas for generations to come.

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