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- Tasks: Ensure compliance with regulations and prepare reports in the energy sector.
- Company: Join a leading Independent Distribution Network Operator focused on innovation.
- Benefits: Enjoy 27 days holiday, annual bonuses, and health perks like life assurance.
- Why this job: Be at the forefront of the energy industry, influencing key decisions and processes.
- Qualifications: 3+ years in regulatory roles, strong analytical skills, and proficiency in Excel required.
- Other info: Remote work with occasional site visits; professional development opportunities available.
The predicted salary is between 36000 - 60000 £ per year.
We are working with a well-established Independent Distribution Network Operator (IDNO) that is seeking an experienced Regulatory Reporting Analyst to join their growing team. This is a great opportunity for someone with a strong background in regulatory compliance and reporting within the energy or utilities sector, looking to contribute to an innovative and forward-thinking business.
In this role, you’ll be responsible for ensuring the organisation continues to operate transparently and compliantly in a tightly regulated environment. You will play a key part in supporting licence compliance, delivering accurate regulatory submissions, and enabling strategic business decisions. The role offers an exciting opportunity to work at the heart of the energy industry, engaging with key stakeholders and regulatory bodies.
What’s on Offer?
- 27 days holiday, plus bank holidays, with the option to purchase an additional 2 days per year (increases with length of service)
- Annual bonus and salary review
- Above market rate contributory pension scheme
- Life assurance, health screening, and enhanced sick pay
- Enhanced maternity and paternity pay, including a returners’ bonus
- Extra week’s holiday and a financial bonus for employees getting married
- Continued investment in professional development
- Access to retail discounts, cashback offers, discounted gym memberships, and cycle to work scheme
Responsibilities of the Regulatory Reporting Analyst:
- Ensuring ongoing compliance with regulatory standards and industry codes, including Use of System Charging statements, Line Loss Factor Classification, and Balancing & Settlement Code requirements
- Coordinating the preparation and submission of both annual and ad hoc regulatory reports
- Analysing network pricing performance and methodologies, identifying risks and opportunities
- Collaborating with internal teams across commercial, finance and operations to gather and interpret relevant data
- Supporting engagement with stakeholders including regulators, customers and industry bodies such as Elexon
- Keeping abreast of market and regulatory developments and contributing to the continuous improvement of internal processes and pricing methodologies
Criteria for the Regulatory Reporting Analyst:
- Minimum of 3 years’ experience in a regulatory or reporting role within a regulated utility or energy company (experience with an IDNO or similar network operator is highly desirable)
- Strong understanding of industry frameworks including DCUSA, the Balancing and Settlement Code, MSAD, and LLF methodologies
- Experience working with regulatory submissions and organisations such as Elexon
- Strong analytical and problem-solving skills, with a high level of proficiency in Excel and data analysis tools
- Excellent written and verbal communication skills, with the ability to translate complex data into clear, actionable insights for internal and external stakeholders
Interested? If you’re a detail-oriented regulatory professional ready to join a dynamic and mission-led organisation, we’d love to hear from you. Apply now to find out more about this opportunity.
Pricing Analyst employer: Fourblue
Contact Detail:
Fourblue Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst
✨Tip Number 1
Familiarise yourself with the key regulatory frameworks mentioned in the job description, such as DCUSA and the Balancing and Settlement Code. This knowledge will not only help you understand the role better but also demonstrate your commitment to the industry during any discussions.
✨Tip Number 2
Network with professionals in the energy and utilities sector, especially those who have experience with IDNOs or similar organisations. Engaging with these individuals can provide valuable insights and potentially lead to referrals that could strengthen your application.
✨Tip Number 3
Stay updated on recent developments in regulatory compliance and reporting within the energy sector. Being able to discuss current trends and challenges during interviews will showcase your proactive approach and genuine interest in the field.
✨Tip Number 4
Prepare to discuss specific examples from your past experience where you've successfully navigated regulatory challenges or improved reporting processes. This will help you illustrate your problem-solving skills and analytical capabilities, which are crucial for this role.
We think you need these skills to ace Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in regulatory compliance and reporting, particularly within the energy or utilities sector. Use specific examples that demonstrate your understanding of industry frameworks and your analytical skills.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Mention how your background aligns with the responsibilities of the Regulatory Reporting Analyst and your interest in contributing to the company's mission.
Highlight Key Skills: In your application, emphasise your strong analytical and problem-solving skills, as well as your proficiency in Excel and data analysis tools. Provide examples of how you've used these skills in previous roles to achieve results.
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, which is crucial for a role focused on compliance and reporting.
How to prepare for a job interview at Fourblue
✨Know Your Regulations
Familiarise yourself with the key regulatory frameworks relevant to the role, such as DCUSA and the Balancing and Settlement Code. Being able to discuss these in detail will demonstrate your expertise and commitment to compliance.
✨Showcase Your Analytical Skills
Prepare examples of how you've used data analysis to drive decisions or improve processes in previous roles. Highlighting your proficiency in Excel and other data analysis tools will be crucial for this position.
✨Engage with Stakeholders
Be ready to discuss your experience collaborating with various stakeholders, including regulators and internal teams. Providing specific examples of successful engagements can illustrate your communication skills and ability to work cross-functionally.
✨Stay Updated on Industry Trends
Research recent developments in the energy sector and regulatory changes. Showing that you are proactive about staying informed will reflect your dedication to the role and the organisation's mission.
