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
Job Summary
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 Compliance 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 certain generation licence conditions. This is a unique opportunity to help safeguard the integrity and transparency of Britain's wholesale gas and electricity markets, ensuring that they work effectively for consumers.
In this role, you'll focus on proactive compliance work outside of formal investigations. You'll take creative approaches to complex regulatory challenges, engaging directly with market participants, brokers, and exchanges to promote best practices and secure commitments to improve compliance.
You'll contribute to the development and delivery of compliance strategies, identify non-compliance through structured reviews of trading behaviours and market data, and facilitate regular dialogue with stakeholders to clarify regulatory expectations. Your insights will help shape Ofgem's approach to market oversight and drive improvements in market behaviour.
We're looking for someone with a strong understanding of wholesale energy markets or trading experience in energy, commodities, or equities. You'll have excellent stakeholder engagement skills and be skilled at interpreting complex legislation and communicating findings clearly to both technical and non-expert audiences. Initiative, creativity and autonomy are key to success in this role.
Experience in analysing complex data and using tools like Python or SQL is desirable, but not essential. You'll work closely with internal teams across policy, legal, and market insights, as well as external partners including the National Energy System Operator, the Financial Conduct Authority and European regulatory bodies.
Join us at Ofgem, where your skills and passion can make a real impact
Person specification
Essential Criteria:
* Sector knowledge: An understanding of the operation of wholesale energy markets and/or experience of trading (energy, commodities or equities etc)
(LEAD CRITERIA)
* Strong stakeholder engagement skills. Experience in engaging with stakeholders to promote compliance, resolve complex issues, and secure commitments to improve practices.
* Experience of interpreting and applying complex legislation, regulation, rules and processes to deliver effective compliance action.
* 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.
Desirable Criteria:
* Experience in analysing complex quantitative and qualitative data and evidence.
* 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 directed to a Civil Service test –
guidance for this can be found here
Civil Service online tests - GOV.UK )
.
Upon passing the test, 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.