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- Tasks: Lead analysis of wholesale markets to inform regulatory decisions and strategies.
- Company: Ofgem, Great Britain's independent energy regulator driving towards Net Zero.
- Benefits: Permanent role with opportunities for leadership development and collaboration.
- Why this job: Shape the future of energy markets while making a real impact on consumers.
- Qualifications: Strong analytical skills, leadership experience, and ability to communicate insights effectively.
- Other info: Join a collaborative team tackling complex challenges in the energy sector.
The predicted salary is between 43200 - 72000 £ per year.
At Ofgem, insight into wholesale markets plays a critical role in maintaining secure, resilient and well-functioning energy systems. We’re seeking a Head of Wholesale Market Intelligence and Data to lead the analysis that underpins this work. Ofgem is Great Britain’s independent energy regulator, driving toward Net Zero whilst protecting energy consumers, especially vulnerable people.
We’re offering a permanent opportunity to lead the Wholesale Market Intelligence and Data team within our Market Oversight and Enforcement directorate. This role will shape the insight that informs major regulatory, operational and policy decisions across the organisation.
In this highly visible leadership role, you’ll guide how wholesale market developments are interpreted and communicated, ensuring decision-makers have the insight they need to respond to emerging risks, evolving market dynamics and wider system challenges. You’ll work closely with senior colleagues and key partners, including government departments, the National Energy System Operator, the Financial Conduct Authority and international regulatory counterparts.
With strong analytical expertise and experience, both quantitative and qualitative, you’ll have a background of working with complex data and the ability to translate insight into clear advice for senior audiences. Alongside your analytical capability, you’ll be an experienced leader able to motivate teams, build strong partnerships and deliver results in fast-moving and high-profile environments.
Key Responsibilities:
- Set strategy and priorities for the team.
- Lead and motivate a team of around 7 staff and act as part of the leadership team of the Market Oversight and Enforcement directorate.
- Build links across key Ofgem teams and external stakeholders to ensure that the team receives relevant information and can support on related areas of work.
- Support and collaborate with policy teams in producing robust and high-quality analysis to enable good decision-making.
- Lead and direct others to implement improvements to our existing processes and outputs.
Key Outputs and Deliverables:
- Management responsibility for a team of around 7 people.
- Briefings and updates on key market developments for senior level internal and external stakeholders.
- Analysis of market data including commodity prices, gas and power fundamentals and wholesale trade data to provide market insights.
- Developing and improving regular reports to ensure the team provides necessary and useful information to stakeholders.
- Overseeing collection and validation of key data sets.
- Ensuring the team has robust processes for security of supply emergency preparedness.
- Leading our response to live events with robust analysis and advice.
Excellent analytical and quantitative skills are required, along with experience in analysing quantitative and qualitative information to support conclusions. The ability to effectively communicate and synthesise analysis and data for senior decision-makers and external audiences, both verbally and in writing, is essential. Experience leading and motivating a team, along with excellent interpersonal and team working skills, is also necessary.
You should be able to meet challenging deadlines and manage multiple priorities.
Head of Wholesale Market Intelligence and Data employer: Ofgem
Contact Detail:
Ofgem Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Wholesale Market Intelligence and Data
✨Tip Number 1
Network like a pro! Reach out to people in the energy sector, especially those connected to Ofgem. Attend industry events or webinars and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your analytical skills. Be ready to discuss how you’ve tackled complex data in the past and how it led to impactful decisions. We want to see your thought process and how you can translate insights into actionable advice.
✨Tip Number 3
Showcase your leadership experience! Think of examples where you’ve motivated a team or built strong partnerships. We’re looking for someone who can inspire others and drive results, so make sure to highlight those moments in conversations.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining Ofgem and contributing to the important work we do in the energy sector.
We think you need these skills to ace Head of Wholesale Market Intelligence and Data
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in market intelligence and data analysis. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!
Showcase Your Leadership Skills: As a Head of Wholesale Market Intelligence and Data, leadership is key! Share examples of how you've motivated teams and built strong partnerships in previous roles. We love seeing candidates who can inspire others and drive results.
Be Clear and Concise: When writing your application, clarity is crucial. Use straightforward language to communicate your insights and experiences. Remember, we’re looking for someone who can translate complex data into clear advice for senior audiences.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role and our company there!
How to prepare for a job interview at Ofgem
✨Know Your Market Inside Out
Before the interview, dive deep into the current trends and challenges in the wholesale energy market. Familiarise yourself with Ofgem's recent reports and initiatives. This will not only show your genuine interest but also help you articulate how your insights can contribute to their goals.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples of how you've used both quantitative and qualitative data to drive decisions in previous roles. Be ready to explain your thought process and how you translate complex data into actionable insights for senior stakeholders.
✨Demonstrate Leadership Experience
As a potential leader, it's crucial to highlight your experience in motivating teams and building partnerships. Share stories that illustrate your leadership style and how you've successfully guided teams through challenging projects or changes in strategy.
✨Practice Clear Communication
Since you'll need to communicate complex information clearly, practice summarising your experiences and insights succinctly. Consider preparing a few key points about how you would approach briefing senior decision-makers on market developments, ensuring clarity and impact.