Description
We are seeking a highly analytical and collaborative finance professional to support Ofgem's oversight of financial resilience across the retail energy market.
In this high-profile role, you will provide clear, evidence-based analysis to inform regulatory decision-making, assessing supplier financial performance, risk reporting and emerging market trends.
Working closely with policy, supervision and operational teams, you will evaluate new licence applications, ownership changes and supplier growth, identifying risks and recommending appropriate regulatory responses.
You will also deliver targeted analysis for senior stakeholders, support external enquiries and contribute to the continuous improvement of monitoring frameworks, governance and reporting.
This is a varied and impactful opportunity for someone who can interpret complex financial information, build strong stakeholder relationships and translate insight into clear, actionable recommendations.
Key Role Responsibilities
- Design tailored financial analysis of regulated entities to appraise prospective risks to financial resilience (SLC 4A & 4B).
- Describe and explain the relationship between financial information used to conclude on the findings (and severity) of any risks & impacts to SLC4A & 4B.
- Describe, explain and clearly document the limitations and assumptions used in financial analysis.
- Take ownership and responsibility for presenting findings of specific analysis to relevant forums.
- Identify sensitivities to other variables considered in your analysis.
Key Outputs and Deliverables
- Support analysis of qualitative or quantitative data for the purposes of producing evidence for policy advice.
- Assess the reliability and relevance of evidence and give objective advice.
- Support on the review of analytical / financial models, challenge input data and assumptions and interpret output data.
- Contribute to producing both internal and external documents specifically presenting or communicating analysis in ways which non-financial colleagues can readily understand.
Person Specification
- Part Qualified CCAB accounting qualification OR other equivalent finance qualification e.g. CFA OR Financial/Economic related further education qualification.
- Great quantitative and qualitative analytical skills, along with a proven record of high performance and achievements in past positions.
- Excellent written and verbal communication skills to communicate effectively complex data and analysis to non-expert audiences.
Benefits
- Salary: £35,232 - £48,561 per year
- Ofgem contributes £10,206 towards you being a member of the Civil Service Defined Benefit Pension scheme.
- 30 days annual leave after 2 years
- Excellent training and development opportunities
- Hybrid working (currently 1 day a week in the office)
- Flexible working hours and family friendly policies