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Regulatory Compliance Officer

Job Reference ER666/2024

Number of Positions:
1
Contract Type:
Full Time
Contract Details:
Permanent
Salary:
£50,885 *
Working Hours:
37
Location:
Bristol or Castle Donington
Closing Date:
30/10/2024
Role Types:
Operational Roles
Region / Division:
Distribution
Department:
Network Services

About Us

We’re National Grid Electricity Distribution (NGED), the owner and operator behind the electricity distribution systems for the Midlands, the Southwest of England and South Wales. Serving communities of more than 8 million people, our expert teams deliver heat, light and power for homes and businesses.

National Grid employs over 29,000 people worldwide. We are building an inclusive workplace, a place to actively celebrate the cultures, personalities and preferences of our colleagues – who in turn help to build the success of our business and reflect the diversity of the communities we serve. Our vision is to be at the heart of a clean, fair and affordable energy future and we are doing this in a fast-moving industry with an increasing focus on tackling climate change, exploring new energy sources that are renewable, low carbon, and improve efficiency to meet demand.

Job Introduction

An opportunity has arisen for a Regulatory Compliance Officer to join our team, reporting to the Regulatory Compliance Manager. As Regulatory Compliance Officer you will be responsible for ensuring that regulatory submissions are completed on time and as prescribed, and for the coordination of both regulatory compliance and data assurance programmes.

The successful candidate will be based at Bristol or Castle Donington, although travel to other locations across our distribution area may be required.  

As part of our hybrid working approach this role offers a mix of office and home working. Hybrid working can only be considered once your initial training is complete and subject to business need.

*Please note the successful candidate may initially be appointed at a lower salary until all relevant courses and training are complete.

Main Responsibilities

  • Managing the regulatory submissions database.
  • Ensuring that all regulatory submissions are accurate and completed on time.
  • Reviewing and submitting Ofgem quarterly returns for performance measures.
  • Providing guidance and advice to the business on Licence Conditions, Regulatory Obligations and Guaranteed Standards, including preparation of guidance documents for publication on the Regulatory Compliance intranet pages.
  • Providing guidance and advice to the business on new licence requirements, regulatory requirements and incentives, e.g. Fair Treatment of Customers.
  • Monitoring the completion of actions identified through compliance checks.
  • Co-ordinating the business response to requests for information from Ofgem in relation to licence compliance, Price Reviews and general regulatory issues.
  • Providing support to the management of Price Control Reviews.
  • Representing the distribution business function on regulatory issues on behalf of the Regulatory Compliance Manager, as required, including on working groups established by Ofgem and the ENA.
  • Providing support to the wider Regulatory & Government Affairs team, as required.

The Ideal Candidate

The successful candidate will ideally have a minimum 5 years relevant experience in a regulated utility or consultancy, preferably with experience of regulatory requirements and dealing with government, public or consumer bodies. Have significant experience in regulatory requirements of electricity licenses and associated regulations. 

You will have the ability to plan, organise and manage multiple activities and meet tight deadlines, also have good communication and interpersonal skills, including report writing, presentation skills and an ability to communicate at all levels.

Educated to HNC/HND level or equivalent.

National Grid Electricity Distribution is committed to safeguarding the interests of the Company, colleagues and customers. This role is subject to a satisfactory Barring Service, (DBS) check, depending on the role different levels of screening and vetting are required. Some roles require a triannual check.

About The Company

Joining the UK’s leading electricity distribution business means plenty of career opportunities and well-deserved recognition. We reward hard work and encourage ambition. So, as well as a competitive salary, you will also benefit from:

  • 26 days paid leave plus 8 bank holidays, up to 28 days with continuous service
  • Competitive contributory pension scheme (we double match your contributions up to a maximum of 12%)
  • Annual Share Save plan
  • Contributory private healthcare scheme for you and your family
  • Support via our Employee Assistance Programme, including musculoskeletal and physiotherapy services
  • Free on-site parking at all our main sites

Things you need to know

As an equal opportunities employer who is committed to Diversity, Equity and Inclusion, we celebrate individual difference and are actively bringing in more employees from diverse backgrounds to build on our inclusive culture. We anonymise all applications in our recruitment system so we can eliminate unconscious bias and be a workplace that reflects the community we serve. Hiring managers only have access to necessary information at interview stage. If you require additional support to complete your online application, please email nged.recruitment@nationalgrid.co.uk

Recruitment correspondence is usually sent by email, please check your email account including spam/junk folders regularly after the closing date.

We reserve the right to close the vacancy early should sufficient numbers of suitable applications be received, so it would be best to apply as soon as you can.