Overview
Ofgem is Great Britain’s independent energy regulator. Our primary responsibility is to protect energy consumers, especially the most vulnerable, while at the same time working with government, industry and consumer groups to deliver a clean, more affordable and secure net-zero energy system at the lowest cost to consumers, and drive economic growth.
We’re recruiting a Senior Enforcement Investigator – Wholesale Market Conduct to join our Market Oversight and Enforcement directorate. The Wholesale Market Conduct team’s functions include monitoring the markets for potential breaches of REMIT (Regulation on Wholesale Energy Market Integrity and Transparency) and monitoring compliance with key generation licence conditions. This is a unique opportunity to take a leading role in enforcement and compliance activity that supports the integrity and transparency of Britain’s wholesale gas and electricity markets, ensuring that they work effectively for consumers.
Successful candidates may be based in any of our office locations – Cardiff, Glasgow, or London, we are especially welcoming applications from people based in the Cardiff and Glasgow.
Hybrid working – on average, currently one day per week in the office, or approximately 20% of the month.
Responsibilities
* In this role, you’ll lead on compliance or enforcement activity in relation to wholesale market conduct issues. You’ll collaborate with colleagues and stakeholders, using complex datasets relating to trading activity and producers’ physical characteristics to identify issues and make evidence-based recommendations that improve market outcomes.
* You will produce high-quality, timely analysis and reports, engage constructively with market participants and market operators, and contribute to wider projects across the Wholesale Markets Oversight and International portfolio. You’ll also nurture team capability by enhancing analytical tools and mentoring colleagues, fostering a supportive and inclusive environment for learning and development.
Person specification
* Sector knowledge: An understanding of the operation of wholesale energy markets and/or experience of trading (energy, commodities or equities etc) (LEAD CRITERIA)
* Excellent analytical and quantitative skills. Experience in analysing complex quantitative and qualitative data and evidence to arrive at conclusions and recommendations (LEAD CRITERIA)
* Experience of interpreting and applying complex legislation, regulation, rules and processes to deliver effective compliance or enforcement investigations.
* Excellent written and verbal communication skills that effectively communicate complex issues to non-expert audiences
* Demonstrated ability to take initiative, think creatively and work independently.
* Experience using Python or SQL programming languages to manage large datasets and produce compelling analytical outputs.
Selection Process
When you press the ‘Apply now’ button, you will be asked to complete personal details (not seen by the sift panel), your career history and qualifications.
You will then be asked to provide a 1250 word ‘personal statement’ evidencing how you meet the essential and desirable skills and capabilities listed in the role profile. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the essential and desirable skills and capabilities.
Benefits
Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; Hybrid working, flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.
Details
* Seniority level: Mid-Senior level
* Employment type: Full-time
* Job function: Other
* Industries: Utilities
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