Deputy Director, Wholesale Market Oversight and International

OFGEM

Apply before 11:55 pm on Monday 20th May 2024

 

Details

Reference number

352690

Salary

£75,000 - £117,800
£75,000 - £117,800. Please ensure that you read the Pay and Reward information for Civil Service and internal colleagues before applying.
A Civil Service Pension with an average employer contribution of 27%

Job grade

SCS Pay Band 1

Contract type

Permanent

Business area

Wholesale Markets

Type of role

Policy
Senior leadership

Working pattern

Flexible working, Full-time

Number of jobs available

1

Contents

Cardiff, Glasgow, London

Job summary

Join Ofgem as Deputy Director, Wholesale Market Oversight and International

Ofgem, the regulator for electricity and gas markets in Great Britain, is seeking a visionary leader for the role of Deputy Director, Wholesale Market Oversight and International. This pivotal position offers the opportunity to shape the future of energy, ensuring a greener, fairer system for all.

Key Responsibilities:

  • Lead the monitoring of wholesale energy markets, providing critical insight and analysis to inform policy and manage consumer risks.
  • Enforce wholesale market trading rules (REMIT), identifying and mitigating harmful activities.
  • Foster strong international relations, connecting Ofgem with global energy regulators and contributing to diplomatic initiatives.
  • Drive strategic initiatives, collaborating with senior leadership to align resources and efforts with Ofgem’s vision.

What We Offer:

  • A chance to be at the forefront of energy market oversight during a transformative era.
  • A collaborative, inclusive work environment that values innovation and diversity.
  • A significant role in delivering strategic priorities for a sustainable energy future.

Who We Are Looking For:

  • Strategic thinkers with experience of leading monitoring and investigatory work in the energy sector or a similar regulated industry.
  • Leaders with a track record of delivering complex programs and managing cross-functional teams.
  • Individuals committed to fostering development, inclusivity, and diversity within the workplace.
  • A passion for continuous improvement and a commitment to ethical market behaviour.
  • A diplomatic approach to international relations, with a knack for fostering collaborative partnerships.
  • Strategic acumen to contribute to Ofgem’s broader goals and the ability to translate vision into action.

Join Us: If you are ready to take on this challenge and contribute to a vital public service, we encourage you to apply. Help us navigate these exciting times and play a key role in Ofgem’s mission to deliver a greener, fairer energy system for Great Britain.

Apply Now to become a part of our leadership team and make a lasting impact on the energy sector. Your leadership can help us navigate the challenges and opportunities of today’s energy markets, ensuring a sustainable future for all.

Ofgem is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Job description

In this role you will lead the monitoring of the wholesale market, supporting teams across Ofgem with insight and analysis using real-time data and longer-term trends, to inform our broader policy work and to help senior decision makers manage risks to consumers in this area. You will need to work especially closely with our Security of Supply policy team.

Underpinning this is the robust enforcement of the rules in relation to wholesale market trading (REMIT) which you will lead – promoting, mandating and delivering the right behaviours across the energy sector. You will harness data to identify potentially harmful or nefarious activity and – alongside your investigation and negotiation skills – further use it to instigate and secure successful enforcement activity.

Great Britain is physically and intrinsically linked to the energy systems – and energy markets – of our neighbouring European countries (via its gas and electricity interconnectors). It is therefore vital that Ofgem remains plugged in to what is happening in the energy markets in Europe – and further afield. With your knowledge of wholesale markets and GB’s trading arrangements you will be the link between Ofgem and the international community, overseeing teams supporting our day-to-day relations with global energy regulators, legacy projects from COP 26, and with wider diplomatic initiatives on behalf of the UK Government.

These are exciting but challenging times. We are looking for people to meet the challenges we face head-on, and help us deliver a greener, fairer energy system.

Person specification

Along with your objectives to agree with the director, you will:

  • Collaborate with other regulatory directorates to identify analytical needs and embed processes;
  • Oversee and direct team of experts providing data, insight and understanding of wholesale energy markets for Ofgem decision makers and external stakeholders, ensuring a high quality monitoring framework for wholesale markets and security of supply;
  • Oversee and direct multi-disciplinary case teams carrying out the most complex cases for REMIT and Generation licence breach investigations being managed by team members and experts.
  • Embed a culture of continuous improvement in the portfolio to improve how investigations into breaches of market rules are identified, prioritised, resourced, managed and publicised, ensuring that Ofgem’s rules and enforcement activities promote, mandate and deliver the right kind of behaviour by regulated companies and making the wholesale markets enforcement function “best in class” amongst sectoral regulators;
  • Drive delivery of Ofgem's objectives in international engagement, including maximising Ofgem’s relationships with European coordination bodies, like the Council of European Energy Regulators and the Agency for the Cooperation of Energy Regulators, as well as with individual European NRAs, to facilitate delivery of cross-border policy and aid better policy-making across Ofgem through knowledge sharing and thought leadership; knowledge sharing with regulatory counterparts globally, to inform Ofgem policy development; and supporting wider HMG activity to enable decarbonisation in other jurisdictions.

More information about the role and the application process can be found in the candidate information pack and role profile below.

Behaviours

We'll assess you against these behaviours during the selection process:

  • Leadership
  • Communicating and Influencing
  • Working Together
  • Delivering at Pace

Technical skills

We'll assess you against these technical skills during the selection process:

  • Please refer to the Candidate Pack and Role Profile attached for full details.
Alongside your salary of £75,000, OFGEM contributes £20,250 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.
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 (currently 1 day a week in the office), 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.

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’  explaining how you consider your personal skills, qualities and experience provide evidence of your suitability for the role. Please ensure you demonstrate clearly, within your supporting statement, how you meet the essential and desirable skills and capabilities listed in the role profile.

Feedback will only be provided if you attend an interview or assessment.
This role has a minimum assignment duration of 4 years. An assignment duration is the period of time a Senior Civil Servant is expected to remain in the same post to enable them to deliver on the agreed key business outcomes. The assignment duration also supports your career through building your depth of expertise.

As part of accepting this role you will be agreeing to the expected assignment duration set out above. This will not result in a contractual change to your terms and conditions. Please note this is an expectation only, it is not something which is written into your terms and conditions or indeed which the employing organisation or you are bound by. It will depend on your personal circumstances at a particular time and business needs, for example, would not preclude any absence like family friendly leave. It is nonetheless an important expectation, which is why we ask you to confirm you agree to the assignment duration set out above.

Security

Successful candidates must undergo a criminal record check.
Successful candidates must meet the security requirements before they can be appointed. The level of security needed is security check (opens in a new window).

See our vetting charter (opens in a new window).
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.

Diversity and Inclusion

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window).
This vacancy is part of the Great Place to Work for Veterans (opens in a new window) initiative.
The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window).
Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.

Contact point for applicants

Job contact :

  • Name : Sandra Segal
  • Email : recruitment@ofgem.gov.uk

Recruitment team

  • Email : recruitment@ofgem.gov.uk

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