Asset Risk & Performance Analyst

Asset Risk & Performance Analyst Reading (Hybrid) Hours - Monday to Friday 36 hrs Salary - circa £47k plus good benefits We are recruiting for an experienced Asset Risk & Performance Analyst to join a specialist Asset Health, Risk & Performance function within a major UK utilities environment. This is a fantastic opportunity to play a key role in shaping the future of critical water infrastructure through data-driven asset management, risk modelling, and performance analysis. This role focuses on analysing complex asset data, developing risk models, and supporting strategic decision-making across water, wastewater, and bioresources systems. You will help identify current and future asset risks and contribute to the development of long-term investment and maintenance strategies. Key Responsibilities Analyse and interpret data from multiple sources to support the development of asset risk models, maintenance programmes, and system strategies Assess asset performance and underlying risk across asset groups and infrastructure systems Develop and maintain robust, auditable risk models to support investment planning and resilience strategies Model likelihood and consequence of asset failure across different scenarios to inform decision-making Support the development of asset management plans, monitoring systems, and performance reporting frameworks Produce clear, stakeholder-ready reports including asset condition updates, risk summaries, GIS outputs, and performance insights Support strategic planning inputs for regulatory submissions and long-term investment planning frameworks Work collaboratively with internal teams including engineering, operations, regulation, health & safety, and delivery partners Liaise with external stakeholders including infrastructure partners and local authorities where required Apply best practice asset management principles aligned with ISO 55000 standardsAbout You To be successful in this role, you will bring: Background in asset management, engineering, infrastructure, or a related technical discipline Strong experience working with complex data sets and delivering analytical insight Understanding of asset risk, performance management, or infrastructure lifecycle planning Experience using tools such as ArcGIS and ESRI platforms Knowledge of statistical analysis and/or modelling tools such as R or Python (desirable) Strong communication skills with the ability to present technical information clearly to stakeholders Ability to work across multiple teams and build effective internal and external relationships A proactive, structured approach with strong analytical and problem-solving capability Understanding of regulated environments and/or utilities (desirable)What’s on Offer Competitive salary up to approx. £47,000 (depending on experience) 26 days annual leave, increasing with service, plus bank holidays Performance-related bonus scheme Defined contribution pension scheme Health and wellbeing benefits including access to counselling, physiotherapy, and health checks Cycle to Work scheme, retail discounts, and life assuranceAdditional Information Hybrid working model Full-time role (36 hours per week, Monday to Friday) Travel may be required across operational sites Driving licence and access to a vehicle is preferredAbout the Environment This is a chance to join a large-scale infrastructure organisation delivering essential services to millions of customers every day. The work is focused on improving resilience, performance, and long-term sustainability of critical water and wastewater systems. You will be part of a collaborative, forward-thinking team where data, engineering insight, and asset strategy come together to drive real-world impact