Senior Associate – Financial Analyst - London

Senior Associate – Financial Analyst – London

Closing Date:

07/02/2025

Group:

Economics and Analytics Group

Management Level:

Senior Associate

Job Type:

Permanent

Job Description:

About Ofcom

As the UK’s communications regulator, we’re delivering vital work that helps keep the UK connected and shapes the future of how we’ll stay connected with each other.

Our work covers everything from phones and broadband, through to TV, radio, the postal service, and wireless devices. We’re also taking on the challenge of making the online world a safer place. And we need people of all backgrounds, skill sets, and experiences to help us achieve our goal of making communications work for everyone.

About the team you’ll be part of

Ofcom’s Economics and Analytics Group is a dynamic, international team of around 120 applied microeconomists, data analysts, behavioural economists and finance experts.

As experts in evidence, we help Ofcom by providing thought leadership, technical and sector expertise, and the economic and financial insights to shape policy and decisions.

Working within the Economics & Analytics Group, the Financial Analytics team provides financial advice and insight, forensic accounting, and modelling expertise to projects across Ofcom. Our colleagues provide support on issues covering all the sectors we regulate (telecoms, post, broadcasting and online).

The purpose and scope of the role

The purpose of this role is to deliver high-quality financial analysis and economic insights that support Ofcom's regulatory objectives. As a Finance Analyst you will play a key role in ensuring that regulatory decisions are based on robust financial data, economic principles and where appropriate accounting standards. The scope of the role includes but is not limited to:

• Provide insight and financial analysis in relation to our stakeholders.

• Deliver financial and economic modelling to a high standard to further Ofcom’s thinking in relation to a variety of financial questions including price controls, profitability analysis and cost allocations.

• Monitoring, reviewing and challenging the financial information produced by our stakeholders.

• Ensure that all outputs are delivered in a clear and concise manner and is accessible to non-technical readers.

• Develop appropriate regulatory reporting within our Statements.

• Contribute to maintaining a productive relationship with our stakeholders.

At Ofcom, we value your well-being and provide an environment that fosters both personal and professional growth. Regardless of the area you work in, you will get the opportunity to:

• Engage in diverse and stimulating projects across a broad range of markets.

• Apply finance and economic modelling expertise to address challenging questions.

• Make a real impact on society while achieving a healthy work-life balance.

Your Key Responsibilities

You will collaborate with vibrant teams of economists, data analysts, policy professionals, market researchers, technologists and lawyers on projects spanning various sectors. Your responsibilities will include:

• Providing high-quality financial analysis on projects, exploring different perspectives, and addressing key policy issues.

• Apply expertise in accounting, economic modelling, or corporate finance to ensure informed decision-making across all regulated sectors.

• Gathering and assessing robust data and evidence to support your analysis.

• Producing clear and well-reasoned documents, including publications.

• Communicating your work effectively in presentations, meetings and engaging with external stakeholders.

• Collaborating with senior colleagues and multidisciplinary teams to deliver impactful outcomes

The skills, knowledge and experience you’ll need for success

Job-based skills

• Ability to apply learned financial concepts real-world scenarios within a consultancy, regulator, competition or consumer authority, government department, academia, research institute or regulated company. You will need to be able to apply your technical knowledge to new situations and have an aptitude for developing your knowledge of other areas of finance, accounting or economics where required.

• Intellectual curiosity to apply analytical approaches necessary to identify, investigate and resolve financial issues.

• Ability to present complex analysis in a clear, straightforward manner into a focused document.

• Positive approach to collaboration, showing an interest in the views and perspectives of others, both within project teams and with internal and external stakeholders.

• Ability to work independently, planning time effectively and prioritising multiple tasks.

• A degree or post-graduate qualification in a finance or economics related field and/or equivalent professional qualification such as CIMA, ACA or CFA.

Grade-based skills

• Articulating ideas: express your thoughts in a clear and concise manner, ensuring messages are understood by everyone.

• Building solutions: identify and solve complex issues, using evidence-based methods to gather insights and develop solutions.

• Harmonising work: work effectively with others, creating an honest team environment and sharing ideas and resources with multidisciplinary teams.

How to apply:

Please apply with a CV and a short cover letter setting out why you are interested in working for Ofcom, why you are interested in financial analytics, your relevant experience and your office location preference.

Please note that this role will close at 00:01 on Friday 7 February and therefore we advise getting your application by no later than midnight on Thursday 6 February.

Ofcom has a clear mission: to make communications work for everyone. To be able to deliver on this, we want our organisation to reflect the diversity of background, experience, upbringing and thought that exists across the UK. We aim to recruit from the widest pool of candidates possible – no matter your social background, ethnicity, sexual orientation, gender or disability.

Where positions are listed as full-time, we remain open to reduced hours, part-time arrangements, job shares, and other flexible working options. From day one, we champion flexible work arrangements to accommodate individual needs.

We also warmly welcome applicants who are returning to the workforce after a break – for whatever reason. If you have taken time away and are ready to rejoin, we look forward to reviewing your application.

Our recruitment processes prioritise accessibility and inclusivity. If you need information in an alternative format or have specific preferences, please contact our recruitment team at or call 0330 912 1378.

As a Disability Confident employer, we offer interviews to disabled applicants who meet essential criteria for advertised roles. Learn more about this scheme here.