About the job

Job summary

Are you ready to make a significant impact in the energy sector? The Retail Financial Monitoring team at Ofgem is looking for a dynamic and enthusiastic Special Projects Analyst to join our friendly, inclusive, and diverse team. Our team comprises professionals from various financial, commercial, and energy industry backgrounds, all dedicated to providing expert financial oversight and advice to shape critical retail market decisions.

As a Special Projects Analyst, you will have the unique opportunity to work flexibly across Ofgem, engaging in cross-Ofgem projects and contributing your skills and expertise to various teams. This role is pivotal in ensuring the delivery of high-quality outputs and supporting the financial resilience of the retail market.

In this role, you will contribute to complex projects with appropriate supervision or deliver smaller projects independently, ensuring timely and high-quality results. You will collaborate with a wide range of internal and external stakeholders, sharing your expertise and supporting the development of others in line with Ofgem’s values. Your responsibilities will include coordinating key tasks and interdependencies within the team, administrating directorate-wide forums, and engaging in discussions to shape the FRC market view of the retail supply market.

Your key outputs and deliverables will involve coordinating long and short-term projects, presenting analysis on special projects, and delivering work objectives and milestones to a high standard. You will use your expertise to monitor supplier financial resilience and understand the complexities of the energy retail market, including licence conditions and reporting frameworks.

To be successful in this role, you must demonstrate proficiency in coordinating large and small projects, collaborating effectively with diverse stakeholders, and conveying complex data and analysis to non-expert audiences. Expert knowledge and use of Microsoft suite, particularly PowerPoint and Excel, are essential. You should also be skilled at building strong relationships, influencing and challenging stakeholders, and possess excellent quantitative and qualitative analytical skills.

If you are passionate about making a difference in the energy sector and meet the essential criteria, we encourage you to apply and join our dedicated team at Ofgem.

Job description

As the UK’s regulator for the energy industry, Ofgem works on behalf of energy consumers to ensure that every household and business in the UK can rely on a safe, affordable and environmentally sustainable energy supply. Record increases and volatility in global prices have put the energy market under severe strain, and pricing is the subject of intense interest from retail consumers, stakeholders and government alike. 

 

The Retail Financial Monitoring team is a friendly, dynamic and inclusive team made up of colleagues from different financial, commercial and energy industry backgrounds. The team is responsible for financial oversight of the retail market and providing expert financial advice to inform critical retail market decisions.

 

After the initial deployment, you will have the opportunity to work flexibly across Ofgem as a member of your Profession, working on cross-Ofgem projects, and/or in teams that require your skills and expertise.

 

Within Ofgem this role is known as Analyst.

Person specification

Key Responsibilities

• Contribute to complex projects with appropriate supervision or deliver smaller projects with minimal supervision, ensuring that high-quality outputs are delivered in a timely manner.
• Work with a wide range of internal and external stakeholders.
• Using your expertise, provide inclusive knowledge sharing, support and development that demonstrate commitment to Ofgem values.
• Project coordination of key tasks and interdependencies within the team.

Essential Criteria

• Proficient in coordinating large and small projects, collaborating effectively with diverse stakeholders. (LEAD)
• Excellent in conveying complex data and analysis to non-expert audiences through excellent written and verbal communication skills. Expert knowledge and use of Microsoft suite, particularly PowerPoint and Excel. (LEAD)
• Skilled at building strong relationships and adept at influencing and challenging stakeholders.
• Great quantitative, qualitative analytical skills, analysis techniques, risk assessments and operational expertise are essential.
• Experience contributing to complex projects and financial data-related tasks with appropriate supervision and deliver smaller projects, workstreams with minimal supervision, ensuring all outputs are delivered to a high standard and in a timely manner.

Desirable Criteria

• Experience of working in energy or other regulated sector; for a consultancy, government, or regulator; on policy, regulatory, or energy sector projects.
• Experience working within a financial analytical role and/or comparable financial/commercial experience.

Benefits

Alongside your salary of £32,498, OFGEM contributes £8,774 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.

Things you need to know

Selection process details

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Experience and Technical skills.

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.

Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must undergo a criminal record check. People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

Working for the Civil Service

The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants.

We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window). The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria. The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.