Asset Management Engineer

Asset Management Engineer
-Derby, UK About us
At the heart of the rail network for over three decades, Porterbrook is the UK's leading rolling stock financier and asset management company with 4000 vehicles in our diverse portfolio of passenger and freight trains.
By working together with our partners, we deliver high-quality, agile rolling stock solutions that ensure the railway remains safe, reliable, sustainable and fit for the future.
We don't just provide trains - we provide a customer-focused platform for long-term success. Since 1994, Porterbrook has invested over 4bn in new rolling stock including 1bn of capital in new trains, fleet upgrades, traction innovation and rail infrastructure in the last five years.
With our strategic and empathetic funding solutions, we're actively looking to invest a further 1bn in the years ahead.
About the team
The Asset Management team are responsible for the continuous conditional oversight of Porterbrook's asset base by enacting a thorough inspection regime to ensure assets are maintained and redelivered commensurate with lease obligations. Additionally, the team manage, store, and distribute a significant strategic spares holding, provide leased spares oversight, facilitate asset storage and ensure robust governance over asset disposals.
About the role
A great opportunity for an exceptional Asset Management Engineer, to join the Porterbrook team.

Key responsibilities:

Asset Disposal

• Managing the disposal of the end-of-life Porterbrook T&RS assets by following the internal governance stipulated within ENG-T2-28, ENG-T2-24 and ENV-T2-05. Ensuring that the company disposes of assets in an environmentally sound manner, in line with sustainability expectations, including any pre-disposal de-commissioning activities that need to be undertaken.
• Agreeing a transparent disposal plan with appropriate suppliers, ensuring that sufficient capacity is being ring fenced to satisfy Porterbrook's ongoing requirements.
• Ensuring a suitable decommissioning specification is available for earmarked units to be disposed of and contract the decommissioning prior to disposal.
• Ensuring all documentation relating to ENG-T2-28 and ENV-T2-05 has been completed and retained for auditability.
• Ensuring disposal documentation relating to ENG-T2-24 has been completed and retained for auditability.
• Where asset sales/donations are agreed by the exec, work with the legal team to ensure suitable Sales and Purchase agreements are drafted and signed to limit future Porterbrook liability.
• Managing the harvesting of any spares required from those vehicles being disposed of, in line with ENG-T2-28, to ensure Porterbrook can continue to support remaining fleets that still utilise such material.

Asset Storage

• Working with the fleet team to ensure appropriate storage procedures are available for vehicles scheduled to enter storage. Storage procedures should be written on a case-by-case basis considering the length of storage period and potential future use against the associated costs as per ENG-T2-30.
• Working with the maintenance services team to manage the storage of vehicles by ensuring that the agreed storage procedures are being followed and any associated contracts are being enacted appropriately.
• Ensuring ENG-T2-19 is followed when reclaiming spares from vehicles in storage.
• Request vehicle movement booking as required with the relevant internal team.

Contractual and Leased Spares

• Manage the audit regime of the leased, contracted & strategic spares with support from the Spares Manager and Contract Managers.
• Provide cover for the Spares Manager to ensure that receipts and deliveries remain uninterrupted, providing consistent spares provision to the wider company.

Vehicle Condition Reporting

• Support the vehicle condition monitoring process by costing the recorded defects and generating the annual summary reports, ensuring trends and patterns can be recognised. Follow up with fleet teams to ensure appropriate rectification plans are formulated based on presented data.
• Support the redelivery process by costing both defects and open work orders at redelivery to commercialise any potential exposure.
• Work with the procurement team to periodically revalidate the costing model, ensuring base prices are in line with current market costs.
• Work with the IT team to further develop and maintain the costing model, improving consistency and accuracy.
• Carry out asset inspections when additional resource is required to complete redelivery/ad-hoc inspections, or as cover in periods of Asset Inspector absence.

Safe Working

• Ensure safe working practices are always followed, and the appropriate PPE is worn when required.
• Ensure all accompanying visitors and staff follow safe working practices and are aware of specific location requirements.

Reporting Function

• Providing reporting regarding the status of assets being sold and disposed of, ensuring this is available within the Asset Management SharePoint site.
• Continual reporting to the Head of Asset Management…