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- Tasks: Support economic regulatory compliance and develop operational strategies in a dynamic nuclear environment.
- Company: Mactech Energy Group is a leader in energy solutions, focusing on safety and regulatory excellence.
- Benefits: Enjoy competitive pay, professional growth opportunities, and a collaborative work culture.
- Why this job: Join a vital team ensuring compliance while making a real impact in the energy sector.
- Qualifications: Ideal candidates have economic regulatory experience, strong communication skills, and project management expertise.
- Other info: This is a full-time role based in Suffolk, perfect for those passionate about regulatory affairs.
The predicted salary is between 60000 - 84000 £ per year.
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This range is provided by Mactech Energy Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Direct message the job poster from Mactech Energy Group
Perm £75,000
Highly regulated environment that covers not only our nuclear and construction safety but also our requirements to work within our economic regulatory framework.
The Economic Regulatory and Requirements Assurance team will play a vital role in ensuring the company\’s compliance with its economic regulatory obligations and wider requirements.
Principal Accountabilities, Activities and Decisions
– Supporting the businesses economic regulatory and compliance arrangements, which implement and maintain adequate compliance policies and procedures.
– Demonstrating a high level of expertise through developing and implementing operational strategies and plans for economic regulatory assurance and compliance, translating policy requirements and ensuring these align to the wider and long-term requirements
– Providing chief point of contact for the Independent Technical Advisor (ITA) – building trust with this important external assurance
– Management of the ITA contract including monitoring ITA performance
– Liaising with experts across the organisation to ensure that requests from the ITA are met
– Working with finance and reporting teams to ensure that ITA and economic regulatory reporting is established and ongoing reporting requirements are met.
– Establishing the Liaison Committee and ensuring that committee meetings are run according to the requirements
– Ensuring compliance with its economic licence and wider stakeholder requirements.
– Independent management of economic compliance matters and first point of escalation, providing guidance to others and recognised internally as a role model in compliance activities.
– supporting/ ownership of reporting to the Audit and Risk Committee, . Producing regular reporting and presentations.
Knowledge, Skills, Qualifications & Experience
The post holder should have excellent working knowledge and experience in the following areas:
Economic regulatory experience ideally including the RAB model
Significant experience in compliance, potentially within government. regulatory services or finance.
Proven ability to develop professional relationships and to influence colleagues at all levels including executive and Board committee level
Highly developed communication skills to motivate, inspire and persuade internal and external stakeholders
Highly organised with experience or being part of a highly functioning team where you are comfortable taking responsibility for outputs
Excellent analytical skills and the ability to analyse and interpret information quickly
Excellent project management skills and the ability to be methodical and diligent
Seniority level
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Seniority level
Mid-Senior level
Employment type
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Employment type
Full-time
Job function
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Job function
Project Management
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Industries
Construction
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Economic Regulatory Advisor - Nuclear employer: Mactech Energy Group
Contact Detail:
Mactech Energy Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Economic Regulatory Advisor - Nuclear
✨Tip Number 1
Familiarise yourself with the RAB model and other economic regulatory frameworks relevant to the nuclear sector. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the industry's complexities.
✨Tip Number 2
Network with professionals in the nuclear and economic regulatory fields. Attend industry events or join relevant online forums to connect with potential colleagues and learn about the latest trends and challenges in the sector.
✨Tip Number 3
Prepare to discuss your experience in compliance and project management during interviews. Be ready to provide specific examples of how you've successfully navigated complex regulatory environments and influenced stakeholders at various levels.
✨Tip Number 4
Research Mactech Energy Group's recent projects and initiatives. Understanding their current focus areas will allow you to tailor your discussions and show how your skills align with their goals, making you a more attractive candidate.
We think you need these skills to ace Economic Regulatory Advisor - Nuclear
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Economic Regulatory Advisor position. Familiarise yourself with Mactech Energy Group's operations and their regulatory framework.
Tailor Your CV: Highlight your relevant experience in economic regulation and compliance. Use specific examples that demonstrate your expertise in areas such as the RAB model and project management skills, ensuring they align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Address how your skills and experiences make you a perfect fit for the Economic Regulatory Advisor position, and mention any relevant achievements.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which is crucial for this role.
How to prepare for a job interview at Mactech Energy Group
✨Understand the Regulatory Landscape
Familiarise yourself with the economic regulatory framework relevant to the nuclear sector. Be prepared to discuss how your experience aligns with compliance policies and procedures, as this will demonstrate your expertise in the field.
✨Showcase Your Communication Skills
Since the role requires liaising with various stakeholders, practice articulating complex regulatory concepts clearly and concisely. Highlight examples from your past where you successfully influenced colleagues or built professional relationships.
✨Prepare for Scenario-Based Questions
Anticipate questions that may require you to solve hypothetical compliance issues or manage stakeholder expectations. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
✨Demonstrate Analytical Thinking
Be ready to discuss your analytical skills and how you've used them to interpret data or develop operational strategies. Prepare examples that showcase your ability to analyse information quickly and make informed decisions.
