Risk Manager

Job Description

At OVO, we are on a mission to solve one of humanity's biggest challenges, the climate crisis. And we know it takes all of us to change the world. That's why we need diverse people from all abilities, gender identities, ethnicities, ages, sexual orientations, life experiences and backgrounds to join us.

Teamworking for the planet

Everything we do here spins around Plan Zero. So, naturally, the team you’ll be joining plays a gigantic role in making that happen. Here’s how:

We’re hiring world-changers. Our Regulation, Risk and Policy team, dedicated to steering OVO’s strategic initiatives, is integral to achieving our overarching goal of net zero carbon living. With a clear focus on risk, compliance and regulatory excellence and sustainable and ethical practices, we play a crucial role in shaping the policies and processes that drive our Plan Zero ambitions. Join us in making a definitive impact on the future of energy.

This role in a nutshell

Reporting to the Senior Risk Manager, you will play an integral part in providing an effective Risk and Controls function. As Risk Manager, you would be working to ensure risk management is in place and embedded across OVO – in particular, you will support colleagues in our Finance teams and our Energy Markets & Optimisation teams which supports our Energy Trading activities, as well as other OVO teams, as needed, to understand and help manage their risks.

Your key outcomes will be

• partnering with leaders to deliver risk management services across OVO
• working with team members across OVO to support and embed risk management;
• facilitating the identification, analysis and evaluation of risk;
• providing advice to Risk Owners on the suitability of controls, key risk indicators and key control indicators;
• being responsible for ongoing monitoring of risks against the Risk Appetite set by the OVO senior team;
• assisting the periodic review of the Principal Risks and Risk Appetite for OVO.
• producing value-adding reporting on risk to ensure stakeholders at all levels can make informed decisions;
• supporting the development of a culture within OVO that understands risk and enables risk-based decision making.

You’ll be a successful Risk Manager at OVO if you…

• have a passion for risk management and a desire to ensure risk is understood and appropriately controlled.
• use your ability to work cooperatively within OVO to embed risk management into day-to-day decision making.
• have experience of delivering high value and quality outputs.
• are experienced leading risk management in a regulated sector – sound understanding of risk management principles and techniques;
• have experience of working in either a Finance or Energy trading risk management role;
• have a recognised professional qualification in risk management;
• have strong communication skills, with the ability to engage and influence senior stakeholders;
• are resilient in character with strong ethical values and the determination to get it right.

Let’s talk about what’s in it for you

We’ll pay you between £49,000 and £65,000, depending on your specific skills and experience.

We keep our pay ranges broad on purpose to give us, and you, flexibility to match your experience to our zero carbon mission.

You’ll be eligible for an on-target bonus of 15%. We have one OVO bonus plan that focuses on the collective performance of our people to deliver our Plan Zero goal.

We also offer plenty of green benefits and progressive policies to help you feel like you belong at OVO…and there’s flex pay. We'll give you 9% Flex Pay on top of your salary – 4% of this is auto enrolled into your pension, and the remaining 5% is yours to do what you like with. You can use this to buy from our extensive range of flexible benefits, including our green benefits which we've put at the heart of our offering, add to your pension or even take it as cash.

Here’s a taster of what’s on offer:

For starters, you’ll get 34 days of holiday (including bank holidays).

For your health With benefits like a healthcare cash plan or private medical insurance depending on your career level, critical illness cover, life assurance, health assessments, and more

For your wellbeing With gym membership, travel insurance, workplace ISA, will writing services, dental insurance, and more

For your lifestyle With extra holiday buying, discount dining, home & tech loans, and supporting your favourite charities with give-as-you-earn donations

For your home Get up to £400 towards any OVO Energy plan, plus great discounts on solar, smart thermostats and EV chargers

For your commute Nab a great deal on ultra-low emission car leasing, plus our cycle to work scheme and public transport season ticket loans

Want to hear about our full range of flexible benefits and progressive people policies? Our People Team can tell you everything you need to know.

For your Belonging

To find better ways to support our people, we need to listen to each other’s experiences and find ways to build a truly inclusive and diverse workplace. As part of this, we have 8 Belonging Networks at OVO. Led by our people, for our people - so when you join OVO, you can play a part - big or small - with any of the Networks. It's up to you.

Oh, and one last thing...

We’d be thrilled if you tick off all our boxes, yet we also believe it’s just as important we tick off all of yours. And if you think you have most of what we’re looking for but not every single thing, go ahead and hit apply. We’d still love to hear from you!

If you have any additional requirements, there’s a space to let us know on the application form; we want to make the process as easy and comfortable for you as possible.