Infrastructure Funding, Finance and Regulation Lead
National Infrastructure Commission
Apply before 11:55 pm on Friday 10th May 2024
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About the job
Job summary
About the National Infrastructure Commission
By joining the National Infrastructure Commission (NIC), you’ll be playing a key role in delivering independent advice to government on the UK’s long-term infrastructure needs. We do this to help support sustainable economic growth across the whole of the UK, improve competitiveness and ultimately improve the quality of life of UK citizens.
We are a collaborative team of civil servants and industry secondees working to support the Commissioners in offering forward-thinking recommendations based on a rigorous approach to evidence and consultation – and to monitor government’s progress in implementing those plans.
The Commission’s core responsibilities include:
- producing a National Infrastructure Assessment once every five years, setting out the Commission’s assessment of long-term infrastructure needs with recommendations to government on how to meet them;
- carrying out in-depth studies into the UK’s most pressing infrastructure challenges, making recommendations to government; and
- monitoring the government’s progress in delivering infrastructure projects and programmes recommended by the NIC.
Job description
The National Infrastructure Commission is looking for an infrastructure/capital financing expert and/or regulatory specialist to lead its cross-sector advice on economic regulation and infrastructure funding and finance. This is a new role in the NIC and was created to reflect the unprecedented pressure and pace required to enable delivery of the UK’s pressing economic infrastructure needs over the coming decades against headwinds of tight public budgets and volatile investor sentiment. It will build on the Commission’s reputation for robust and innovative analysis of strategic infrastructure issues, working closely with policy, analysis and strategy professionals within multidisciplinary project teams.
The post holders will report to the NIC’s Chief Economist and will be expected to provide impactful strategic, analytical and policy insights across all economic infrastructure sectors and related funding and financing business models; leveraging industry/expert insights, evidence and cutting-edge thinking to support scoping and direction-setting; be strategic and consider wider political, economic and social solutions; taking charge of rigorous quality assurance processes for their own and others work; and collaborating with regulators, infrastructure delivery and financing organisations and colleagues from other disciplines/backgrounds to ensure evidence is visible, relevant and impactful.
The Commission’s work is highly varied, and the post holder can expect to develop deep knowledge of economic infrastructure sectors they work across, including:
- Planning and delivering powerful insights and recommendations on infrastructure financing business models, across public, private, private-public and regulated sectors (eg. project debt, equity and hybrid models; utilising knowledge of project finance markets; economic regulatory models, e.g. RAB; and international best practice)
- Developing a deep understanding on major cost drivers across infrastructure delivery in all sectors, seek out best practice in reducing these across sectors (e.g. regulatory models, market structures, procurement or financing options)
- Developing and leveraging relationships with government, industry, academia and international expertise to advise and steer the Commission’s work
- Deepening the Commission’s evidence base across recommendations in the second National Infrastructure Assessment
- Supporting the wider sectoral teams on project finance and regulated sectors insights and advice relevant to all economic infrastructure sectors.
Person specification
Essential behaviours, experience and skills:
Please note that you will need to refer to the below in your application form.
- Form expert strategic views, appreciating detail but being able to stand back and see the bigger picture, to drive direction and advise policy and analysis. This includes being able to follow closely, understand and quickly adapt to how wider changes in the economy, markets and political landscape and how these impact infrastructure investment and advice of the NIC.
- Communicate with others in a clear, honest and enthusiastic way. Explain complex issues in a way that is easy to understand and communicate effectively in writing.
- Form effective partnerships and relationships with people both internally and externally, from a range of diverse backgrounds, sharing information, resources and support.
- Deliver timely and quality outcomes across sometimes competing priorities through identifying the right resource to do the job, setting realistic plans, reviewing and adjusting plans and performance expectations.
- Evidence of substantial experience working in a capital/infrastructure financing facing role and/or in a economic regulatory capacity, preferably with some application in a strategic and policy context. You will have the ability to set direction and deliver high quality influential quantitative analysis and be able to distil into strategic insights and recommendations.
Qualifications
Behaviours
We'll assess you against these behaviours during the selection process:
- Seeing the Big Picture
- Communicating and Influencing
- Working Together
- Delivering at Pace
Benefits
- 25 days’ annual leave (rising to 30 after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant)
- Flexible working patterns (part-time, job-share, condensed hours)
- Access to a generous Defined Benefit pension scheme with an average employer contribution of 27%
- Access to a cycle-to-work salary sacrifice scheme, season ticket advances and payroll giving
- Access to a retail discounts and cashback site
- A Rental Deposit Advance Scheme to help meet the total costs of deposits for privately rented homes
Things you need to know
Selection process details
• Proof of identity, e.g. your passport or driver’s licence. Documents must be in date and valid.
• Proof of address, e.g. a utility bill or bank statement issued within the past 3 months.
• Proof of your National Insurance (NI) number, e.g. letter from DWP confirming your NI number, or P60.
• If you do not bring a UK or EU passport, you will need to bring other documentation of your right to work in the UK, e.g. your visa, biometric residence permit or birth certificate.
Further details regarding acceptable documents will be provided in the invitation to interview.
Please let us know if your contact details change at any time during the selection process.
Eligibility Statement
Individuals appointed to the Treasury Group will be subject to National Security Vetting.
To allow for meaningful checks to be carried out applicants will normally need to have lived in the UK for at least 3 out of the past 5 years.
A lack of UK residency in itself is not always a bar to security clearance but the Department will need to consider eligibility on a case by case basis using all information that can be obtained following a successful application.
Feedback will only be provided if you attend an interview or assessment.
Security
Nationality requirements
Working for the Civil Service
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).
Diversity and Inclusion
Apply and further information
Contact point for applicants
Job contact :
- Name : Kas Rothwell
- Email : kasrothwell@michaelpage.com
- Telephone : 07919 161128
Recruitment team
- Email : hrrecruitment@hmtreasury.gov.uk
Further information
