Head of Commercial Project Development

National Grid • Permanent • Warwick, GB • £78k / year • 18m ago

About the role

Join us and help develop a first-of-its-kind electricity link.

Tackling climate change is the defining challenge for our generation. It demands innovation and fresh thinking across every part of the energy sector. At National Grid Ventures, we’re investing in the technologies that will ignite a new era of clean energy.

We’re spearheading the development of a new generation of subsea electricity interconnectors that will not only enable clean power to flow between countries but also allow large volumes of offshore wind to be connected at the same time.

That's why we're recruiting for two Heads of Commercial Project Development to join the European Offshore Development executive team. You'll lead on the commercial aspects of project development for either the LionLink Project or Nautilus Project following Ofgem’s approval of the Initial Project Assessment. This directorate leads the development of the next wave of offshore grid business development activities in conjunction with our EU partners and in line with the strategic direction of National Grid plc in the North Sea.

These roles can be based from Warwick or London, and you can enjoy our hybrid working from office and home. We are open to full time and part time applicants, as well as flexible working arrangements.

Key accountabilities

Commercial strategy: develop and implement a commercial project strategy which aligns with the organisation goals, the project characteristics and the partner’s specificities.
Manage all commercial aspects of the project: assess the commercial risks and opportunities of the project within an evolving environment.
Stakeholder management on commercial topics: lead a matrix project team in having effective discussions with our European partners and progress the commercial agreement underpinning the project development.
Ensure financial viability of the project: manage project budgets, forecasting financial performance and ensuring that projects are financially viable.
Compliance: ensure the commercial agreement comply with the legal and regulatory requirements.
Report and drive improvement: Provide clear and regular updates to senior management on project status, performance, commercial risks and opportunities, and resulting recommendations.
Team leadership: Lead and coach a team to allow them to meet their full potential. Foster a collaborative, innovative and engaged culture, encouraging a safe-to-say environment.

About you

What we do isn’t just important – it’s essential. That’s why we look to recruit expert leaders in their field. In this case, we’re looking for someone who has:

A strong track record of delivery and performance – a self-starter, confident and independent, ability to work to tight deadlines in a high pace environment.
Experience of programme execution in large and complex corporate and commercial environments, with an ability to apply a broad set of strategic frameworks to solve real business issues.
An ability to understand and quickly assess new commercial risks and opportunities within project development, prioritise them and implement solutions.
Strong stakeholder management and influencing skills, demonstrated through a track record in current and / or previous roles.
Financial acumen, with the ability to understand projects IRR, and the key levers for those, both on the cost and revenue angle.
An ability to create high quality performance management for a wide variety of audiences and incorporating multiple data sets, ideally with portfolio management experience on capital assets development.
An understanding of interconnectors and broad understanding of the energy industry and wider economic, social and political forces impacting upon it.

Don’t meet every single requirement? If you’re excited about this role but your experience doesn’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.

What you'll get

A competitive starting salary between £78,000 - £100,000 – dependent on capability.

As well as your base salary, you will receive a full electric company car or cash alternative, a bonus of up to 20% of your salary for stretch performance, private medical insurance and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to a number of flexible benefits such as a share incentive plan, a salary sacrifice technology scheme, support via the employee assistance line and matched charity giving to name a few.

About us

National Grid is an energy company operating in the UK and US, headquartered in London. We deliver electricity and gas safely, reliably and efficiently to the customers and communities we serve – all while working towards a clean energy future.

We have a market capitalisation of ~£45 billion and are one of the top 25 FTSE companies.

More information

This role closes on 1 December 2024 at 23:59, however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary.

At National Grid, we work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.

Our goal is to drive, develop and operate our business in a way that results in a more inclusive culture. All employment is decided on the basis of qualifications, the innovation from diverse teams & perspectives and business need. We are committed to building a workforce so we can represent the communities we serve and have a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.

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