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Regulatory financial analyst

Reference
1619677
Contract Type
Permanent
Sector
Public Sector
Location
Birmingham, : Bristol, : Glasgow,
Salary
London: £52,760 - £63,290 - Regional: £48,837 - £59,419
Expiry Date
01/03/2019
The Office of Rail and Road (ORR) is the independent safety and economic regulator for Britain's railways and the independent monitor of Highways England.

Job Description


The Office of Rail and Road (ORR) is the independent safety and economic regulator for Britain's railways and the independent monitor of Highways England. We are here to ensure the network operates safely, reliably and provides value for taxpayers and customers. 

The Regulatory Finance team forms part of ORR’s Railway Markets & Economics Directorate. We have a number of key roles in developing policy, monitoring and reporting on financial matters, and responding to requests for advice and information. These are centered on our periodic reviews of Network Rail's outputs and funding. We are presently working on the 2018 periodic review. 

About the role 

We are recruiting a Grade C (equivalent to Civil Service Grade [x]) financial analyst to join our team. We are a small team of around five and work closely with our colleagues in the economics team, and with other departments and project teams across ORR. The role we are recruiting for will include: 

  • leading our team’s engagement with Network Rail’s Scotland, London North West and London North East routes (routes are the geographic sub-divisions of Network Rail’s business); 
  • carrying out quantitative and qualitative analysis for our publications that hold Network Rail to account for its financial performance; 
  • contributing to our evolving route-level monitoring and the development of aspects of route-level economic regulation; 
  • implementing the financial framework as part of the wider 2018 Periodic Review of Network Rail; 
  • meeting with Network Rail and stakeholders including customer representatives, industry groups, and government departments; 
  • participating in standing and ad hoc project teams; and 
  • updating regulatory instructions and guidance. 


This is a high-level summary of the work that we undertake. The team works in a dynamic organisation and policy environment. The role is suitable for someone who is quick to learn and adept at managing multiple work priorities flexibly. 

If you are motivated to work in an important and high profile area of rail industry regulation and can demonstrate the experiences and behaviors as advertised, we look forward to considering your application.

Person specification

Experience 

Essential experience – ability and interest in: 

  • Producing clear and concise reports and presentations for internal and external audiences; 
  • Contributing to policy or strategy development; 
  • Desirable experience – ability and interest in: 
  • • Developing and improving regulatory or procedural frameworks; 
  • Developing or reviewing business plans; 
  • Financial modelling; and 
  • Involvement with managing public consultations

Qualifications

You will be educated to degree level. You do not need a financial or economics qualification to be successful in this role, but you will need to demonstrate the competences outlined below, gained through experience and training in your career to date:

 

 

 

 

Closing date: 1st March 2019

 

SALARY

Salary search terms can appear as specific numerical amount or bracket (to nearest £1000) or appear as ‘Negotiable’. Please include free text or other details in Job Description.

London: £52,760 - £63,290 - Regional: £48,837 - £59,419

 

For further information around benefits at ORR please visit the following website: http://orr.gov.uk/careers/working-at-orr/rewards-and-benefits. These benefits include 25 days holiday a year increasing to 30 days (after 5 years) and Civil Service pension schemes which may be available for successful candidates. 

Childcare Voucher Scheme 

Any move to the Office of Rail and Road (ORR) will mean you will no longer be able to carry on claiming childcare vouchers.