Deputy Director, Wholesale Market Oversight and International

at  Ofgem

JOIN OFGEM AS DEPUTY DIRECTOR, WHOLESALE MARKET OVERSIGHT AND INTERNATIONAL

Ofgem, the regulator for electricity and gas markets in Great Britain, is seeking a visionary leader for the role of Deputy Director, Wholesale Market Oversight and International. This pivotal position offers the opportunity to shape the future of energy, ensuring a greener, fairer system for all.

Key Responsibilities:

• Lead the monitoring of wholesale energy markets, providing critical insight and analysis to inform policy and manage consumer risks.
• Enforce wholesale market trading rules (REMIT), identifying and mitigating harmful activities.
• Foster strong international relations, connecting Ofgem with global energy regulators and contributing to diplomatic initiatives.
• Drive strategic initiatives, collaborating with senior leadership to align resources and efforts with Ofgem’s vision.

What We Offer:

• A chance to be at the forefront of energy market oversight during a transformative era.
• A collaborative, inclusive work environment that values innovation and diversity.
• A significant role in delivering strategic priorities for a sustainable energy future.

Who We Are Looking For:

• Strategic thinkers with experience of leading monitoring and investigatory work in the energy sector or a similar regulated industry.
• Leaders with a track record of delivering complex programs and managing cross-functional teams.
• Individuals committed to fostering development, inclusivity, and diversity within the workplace.
• A passion for continuous improvement and a commitment to ethical market behaviour.
• A diplomatic approach to international relations, with a knack for fostering collaborative partnerships.
• Strategic acumen to contribute to Ofgem’s broader goals and the ability to translate vision into action.

Join Us: If you are ready to take on this challenge and contribute to a vital public service, we encourage you to apply. Help us navigate these exciting times and play a key role in Ofgem’s mission to deliver a greener, fairer energy system for Great Britain.
Apply Now to become a part of our leadership team and make a lasting impact on the energy sector. Your leadership can help us navigate the challenges and opportunities of today’s energy markets, ensuring a sustainable future for all.
Ofgem is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

JOB DESCRIPTION

In this role you will lead the monitoring of the wholesale market, supporting teams across Ofgem with insight and analysis using real-time data and longer-term trends, to inform our broader policy work and to help senior decision makers manage risks to consumers in this area. You will need to work especially closely with our Security of Supply policy team.
Underpinning this is the robust enforcement of the rules in relation to wholesale market trading (REMIT) which you will lead – promoting, mandating and delivering the right behaviours across the energy sector. You will harness data to identify potentially harmful or nefarious activity and – alongside your investigation and negotiation skills – further use it to instigate and secure successful enforcement activity.
Great Britain is physically and intrinsically linked to the energy systems – and energy markets – of our neighbouring European countries (via its gas and electricity interconnectors). It is therefore vital that Ofgem remains plugged in to what is happening in the energy markets in Europe – and further afield. With your knowledge of wholesale markets and GB’s trading arrangements you will be the link between Ofgem and the international community, overseeing teams supporting our day-to-day relations with global energy regulators, legacy projects from COP 26, and with wider diplomatic initiatives on behalf of the UK Government.
These are exciting but challenging times. We are looking for people to meet the challenges we face head-on, and help us deliver a greener, fairer energy system.

TECHNICAL SKILLS

We’ll assess you against these technical skills during the selection process:

• Please refer to the Candidate Pack and Role Profile attached for full details.

Benefits
Alongside your salary of £75,000, OFGEM contributes £20,250 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.
Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; Hybrid working (currently 1 day a week in the office), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.
Things you need to know

NATIONALITY REQUIREMENTS

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

Key Responsibilities:

• Lead the monitoring of wholesale energy markets, providing critical insight and analysis to inform policy and manage consumer risks.
• Enforce wholesale market trading rules (REMIT), identifying and mitigating harmful activities.
• Foster strong international relations, connecting Ofgem with global energy regulators and contributing to diplomatic initiatives.
• Drive strategic initiatives, collaborating with senior leadership to align resources and efforts with Ofgem’s vision