National Grid Senior Analyst of Regulatory, 2nd Line Assurance & Corporate Compliance Management in Waltham, Massachusetts
As part of National Grids continued commitment to safety, all new hires must be fully vaccinated against COVID-19. Anyone unable to be vaccinated, either because of a sincerely held religious belief or medical reason can request a reasonable accommodation.
Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry.
To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business
National Grid is hiring a Senior Analyst of Regulatory, 2nd Line Assurance & Corporate Compliance Management. The position is located in the Waltham, MA office.
To support National Grid in achieving its strategic objectives by providing assurance over key controls and mitigating activities that the organization relies on to manage its regulatory compliance obligations. To plan and execute 2nd Line of Defense Assurance and controls testing, including test of design (ToD) and test of operating effectiveness (ToE). To plan, execute, and report on a wide varity of regulatory compliance obligations, test controls and manage remediation of regulatory compliance assurance findings. Support and execute against corporate compliance obligations, and support the operating rhythm around the Juridiction's corporate compliance obligations, including the planning, execution, and reporting on such obligations.
Execute and adhere to regulatory assurance processes, procedures, and frameworks.
Plan and execute 2nd Line of Defense assurance and controls testing, including test of design (ToD) and test of operating effectiveness (ToE).
Execute risk-based controls testing, documention and reporting in line with standards and guidance, including production of workpapers such as control narrative documentation, Lead-Sheet, test of design and test of operating effectivness, populations,marked-up samples, identified exceptions, findings, etc..
Provide support, advice, and challenge to National Grid's First Line of Defense (the business) in the Three Lines of Defense approach.
Provide advice and training support on regulatory compliance management techniques, regulatory risk identification, and internal control design.
Administer and support reporting mechanisms, KPIs, and resulting scorecards for effective regulatory compliance performance management (e.g., aggregation of local, functional, and regional performance).
Prepare and present comprehensive, clear, concise reports, maintaining objectivity and impartiality.
Manage and coordinate the timely execution of team projects, ensuring that activities, including testing plans, are properly focused on key obligations and delivering value to the business.
Manage remediation of Regulatory Compliance assurance findings.
Ensure Regulatory Compliance activities are delivered at a high standard and in compliance with international professional standards and good practice.
Proactively look for areas of improvement and provide value adding and insightful recommendations on process and controls improvements.
Communicate with Manager to avoid surprises, highlight issues and ensure timely delivery.
Leverage software/technology to support regulatory compliance management, controls testing work and assurance findings. Support the New England business in meeting corporate compliance obligations in a timely manager.
Lead and report on corporate compliance matters to ensure (1) visibility into risks associated with achieving compliance with new requirements or sustaining compliance with existing requirements, (2) consistent application of procedures and processes, and (3) processes to identify continuous improvement opportunities.
Serve as, or support, the Lead Compliance Champion and Lead for key Corporate Compliance activities (e.g., Certificate of Assurance, Ethics & Compliance).
Manage the timely execution of team projects, ensuring that activities properly focused on key corporate obligations, delivering value to the business.
Supervisory/Interpersonal- Experience Required
Ability to lead, motivate, counsel, coach, develop and influence others.
Ability to develop and maintain strong stakeholder relationships to become a trusted advisor.
A Bachelors degree in Business Administration, Accounting, Engineering or relevant field, with an advanced degree a plus.
4+ years of relevant work experience, including internal controls testing and assurance (at 1st, 2nd, or 3rd line of Defense).
Ideal candidates will have 4+ years of internal control testing experience with Internal Audi, or SOx, with Big 4 or medium-sized consultancy or Internal Audit in a large company (preferably Energy/Utilities).
Extensive knowledge of risk-based controls testing, documention and reporting in line with standards and guidance, including production of workpapers such as control narrative documentation, Lead-Sheets, test of design and test of operating effectivness, populations, marked-up samples, identified exceptions, findings, etc.
Strong technical regulatory compliance management skills, understanding of internal controls frameworks, Three Lines of Defense model, and controls testings, as well as broader business acumen.
Strong communication skills, including interpersonal, written (documentation and reporting) and verbal skills.
Strong planning, organizational, and project management skills.
Compliance programing experience and track record of success. Strong knowledge of the elements of an effective compliance program.
Ability to be flexible and agile to changing conditions.
Demonstrable commitment to integrity and ethical values.
Technology experience, including data analytics (e.g., ACL) and visualization tools (e.g., Power BI) a plus.
Professional certification or equivalent in relevant area (e.g., Certified Internal Auditor, Certified Public Accountant, Certified Ethics and Compliance Professional - CCEP), or working towards qualification preferred.
This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.
National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.