At a Glance
- Tasks: Lead financial policy analysis to enhance resilience in the energy sector.
- Company: Ofgem, Great Britain's independent energy regulator driving towards Net Zero.
- Benefits: Permanent role with opportunities for professional development and a collaborative team environment.
- Other info: Join a supportive culture focused on inclusivity and personal growth.
- Why this job: Make a real impact on financial safeguards that protect consumers and ensure energy stability.
- Qualifications: Significant experience in policy development and strong leadership skills required.
The predicted salary is between 55000 - 65000 ÂŁ per year.
Successful candidates may be based in any of our office locations – Cardiff, Glasgow or London. We especially welcome applicants from Cardiff and Glasgow.
Financial resilience is a critical factor in today’s energy market. At Ofgem, we deliver robust analysis that supports our policies, organisation and the wider industry, and we’re seeking a Lead Financial Policy Specialist to drive this important work. Ofgem is Great Britain’s independent energy regulator. We’re at the forefront of change across the sector, driving toward Net Zero whilst protecting consumers, especially vulnerable people. We’re offering a permanent opportunity within our Financial Resilience and Controls Policy team, where you’ll contribute to how financial safeguards are designed, assessed and strengthened across our regulatory framework. This work focuses on areas such as capital adequacy, liquidity, governance and insolvency, helping ensure the companies we regulate remain stable and that risks are effectively managed in the interests of consumers.
You’ll operate in a high-profile and fast-moving area, contributing to how financial resilience is understood and applied in practice. Working with colleagues across Ofgem and with external stakeholders, you’ll help ensure decisions are grounded in strong evidence and reflect wider economic and commercial considerations.
To be considered, you’ll need significant experience of leading analysis to support policy development or evaluation, using both quantitative and qualitative evidence to inform decisions. You’ll be an effective leader with a strong understanding of financial resilience, capital and liquidity, or related prudential frameworks, gained within a regulatory, economic or financial institution setting. In return, you’ll have the opportunity to work on issues that are central to how the energy sector manages financial risk, applying your expertise to complex and high-impact challenges. You’ll be part of a collaborative and inclusive team environment, with the opportunity to develop your leadership and contribute to work that supports a resilient and secure energy system. We have a critical purpose to ensure the energy system works in the interests of consumers, now and in the future. Join us and help shape the policies that underpin financial resilience across the energy sector.
Key Responsibilities
- Support the team deliverables, that utilise your expertise to ensure successful outcomes across team members and collaborating teams.
- Set clear objectives, milestones and success measures for your workstreams; drive progress, manage risks, and ensure delivery to time and quality.
- Work closely with other teams to manage interdependencies, evidence needs, governance requirements and resourcing, ensuring smooth end-to-end delivery.
- Manage and develop junior colleagues as required, providing hands‑on coaching, quality assurance and escalation management so that issues are resolved at the right level.
- Contribute to team wellbeing and a supportive, high‑performing culture, including pastoral support in partnership with the PDL where relevant.
- Model inclusive leadership and constructive challenge, addressing poor behaviours promptly and fairly and creating an environment where everyone can do their best work.
- Support the development of a high‑performing team based on effective resource management, ongoing support and professional development.
- Provide expert financial resilience guidance to help team members deliver, by building a supportive, inclusive team environment based on trust‑based relationships, transparency and inclusivity.
- Take ownership for own continued expert development and other team members’ professional development relating to policy development and evaluation: Identifying your own continued professional development. Providing ongoing coaching and identification of development opportunities.
Professional Development Lead (PDL)
- Mentor and coach staff on personal and professional development in line with the professional standards and behavioural framework for their profession.
- Undertake PDL responsibilities in line with Ofgem’s Diversity and Inclusion commitments, championing inclusivity in their approach.
- Collate 360‑degree feedback from staff’s colleagues in a thorough and timely manner, holding colleagues to account for providing high‑quality feedback.
- Assess feedback against the behavioural framework and recommend overall performance rating to the Head of Profession based on sound, constructive and inclusive evidence.
- Deliver high‑impact and empathetic performance conversations with staff for effective performance management, including poor performers.
- Act as first point of contact in the event of deployment disputes prior to escalation to the Head of Profession.
- Advise staff on deployment opportunities as needed.
- Support deployment choices, as part of flexible resourcing.
- Performance management and assessment.
Significant experience leading analysis for policy development or evaluation, using quantitative and qualitative evidence to highlight risks, trade‑offs, and wider commercial/economic considerations for decision‑makers—ideally including work relating to capital and liquidity, financial resilience or prudential frameworks—gained in a regulatory/economic environment or a financial institution.
Lead Criteria
- Proven leadership, with the ability to build effective working relationships, lead delivery through others, and develop less experienced colleagues in a way that creates space for constructive, open and transparent engagement and supports a culture of inclusion.
- Excellent written and verbal communication skills: you can distil complex quantitative and qualitative evidence into clear recommendations for non‑expert audiences, including senior decision‑makers.
- Experience developing and evaluating options, making sound recommendations, and prioritising competing demands to deliver at pace while maintaining quality.
Lead Financial Policy Specialist employer: Ofgem
Contact Detail:
Ofgem Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Financial Policy Specialist
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Ofgem or similar organisations. Attend events, webinars, or even local meet-ups in Cardiff or Glasgow to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by researching Ofgem’s recent projects and policies. Show us you’re not just interested in the role but also passionate about financial resilience and how it impacts consumers. Tailor your responses to reflect our mission!
✨Tip Number 3
Practice your leadership stories! We want to hear about times you've successfully led teams or projects. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your experience in managing risks and delivering results.
✨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 us you’re serious about joining our team and contributing to the important work we do in the energy sector.
We think you need these skills to ace Lead Financial Policy Specialist
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Lead Financial Policy Specialist role. Highlight your experience in financial resilience, capital adequacy, and any relevant regulatory frameworks. We want to see how your skills align with what we're looking for!
Showcase Your Leadership Skills: Since this role involves leading teams and developing junior colleagues, don’t forget to share examples of your leadership experience. We love to see how you've managed projects, supported team members, and fostered an inclusive environment.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language to explain your qualifications and experiences. Remember, we’re looking for someone who can distil complex information into digestible insights!
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way to ensure your application gets to us directly. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Ofgem
✨Know Your Financial Resilience Stuff
Make sure you brush up on your knowledge of financial resilience, capital adequacy, and liquidity. Be ready to discuss how these concepts apply to the energy sector and Ofgem's role in ensuring stability. Use real-world examples from your experience to demonstrate your understanding.
✨Showcase Your Leadership Skills
As a Lead Financial Policy Specialist, you'll need to show that you can lead and develop a team. Prepare to share specific instances where you've successfully managed projects or mentored junior colleagues. Highlight how you foster an inclusive environment and handle challenges.
✨Prepare for Evidence-Based Discussions
Since the role involves using quantitative and qualitative evidence for policy development, be ready to discuss how you've used data to inform decisions in the past. Think about examples where your analysis led to significant outcomes and how you communicated these findings to non-expert audiences.
✨Understand Ofgem's Mission
Familiarise yourself with Ofgem's goals, especially regarding Net Zero and consumer protection. Be prepared to discuss how your values align with theirs and how you can contribute to their mission. This shows you're not just looking for a job, but are genuinely interested in making a difference.