Senior Advisor - Debt
Ofgem is committed to making a positive difference for energy consumers through effective regulation of the market and close working with suppliers to ensure sustainable energy for consumers and businesses in the UK.
RIIO is Ofgem’s framework for setting price controls for network companies. It’s an essential tool in protecting the interests of consumers as well as ensuring the industry still benefits from the investment required to ensure security of supply. It’s an exciting time to be part of a high profile project within the energy industry - we have already started to plan for the setting of the RIIO2 price controls which will replace the current model in 2023. As Senior Advisor – Debt, you’ll play a vital role in developing the RIIO2 cost of capital strategy, rating the financial standings of network companies, which will involve extensive engagement with network companies, as well as rating agencies and City analysts.
We expect that you’ll already have experience of rating infrastructure and/or utilities companies and that you will bring proven expertise on regulatory finance and economics issues such as cost of capital, finance-ability, tax, depreciation, pensions and indexation. You’ll also have experience of working with investors and / or ratings agencies, and be able to build up a positive professional relationship with key representatives in the City and in regulated companies. You should be degree qualified, and be familiar with a range of financial, economic and accounting measures, including net present value concepts, economic depreciation, valuation, credit rating criteria and returns on capital employed. Finally, a good understanding of the capital asset pricing model (CAPM) is a must-have.
Ofgem can offer you a comprehensive and competitive benefits package, which includes:
- Up to 30 days’ annual leave
- Excellent training and development opportunities
- The opportunity to join the Civil Service pension arrangements, which include a valuable range of benefits.
- Flexible working hours and family friendly policies
- Subsidised gym and restaurant
- Interest free season ticket loan
To apply, please click on Apply button.
Closing date: midnight, 28th May 2018.
Ofgem is an equal opportunities employer. Protecting consumers and powering the future of the energy debate.