Job Function: Legal, Regulatory and Compliance
National Grid plays a vital role in delivering electricity to millions of people in a safe, reliable and efficient manner by maintaining and developing the network of electricity infrastructure that allows electricity to be transported across the country. Energy infrastructure will be critical to enabling the Government’s net zero commitments and tackling climate change; National Grid plays a big part in this and is focused on delivering on its own commitments to achieve net zero emissions.
An exciting opportunity has arisen within the Regulatory Reporting Team within National Grid Electricity Transmission (NGET) to lead on delivering key performance activities to monitor, report and ensure the delivery of successful price control outcomes.
The main focus of the role will be to own and project manage the delivery of compelling narrative for the Regulatory Reporting Pack (RRP), ensuring performance is well justified and will also be the lead on the closeout process for the current price control. The role will need to ensure that the reporting requirements are fully understood across the business and inputs from the multiple owners across the wider business are accurate and timely, enabling justified and transparent explanations of NGET's performance against the regulatory framework.
This role is available on a full-time basis, with the added benefit of hybrid working options. You will be based at our NG House in Warwick, where you can enjoy a collaborative and engaging work environment.
Key Accountabilities
* Ownership of the RRP narrative process, challenging narrative to ensure it is compelling and provides transparency of performance to our Regulator, explaining the key drivers of performance and forward-looking plans.
* RIIO-T2 contract performance monitoring, change justification and risk/opportunity identification and management.
* Interface on performance externally with Ofgem and internally with business.
* Performance reporting to the regulator and key stakeholders, including the Independent User Group.
* Leading the T2 closeout process, ensuring the RIIO-T2 price control is closed out in line with our regulatory commitments.
* Supporting the Contract performance monitoring of the PCD portfolio, ensuring PCD reports are submitted to Ofgem in line with Licence obligations whilst also ensuring a high quality of submission, clearly explaining delivery and reasons for any delay or variations.
About you
* Collaborative individual with the ability to build effective partnerships and foster a strong team culture in a matrixed organisation.
* Skilled in influencing stakeholders and gaining credibility at all levels, including external regulators like Ofgem.
* Clear and structured communicator, both verbally and in writing, with the ability to articulate complex issues.
* Experience in delivering results through virtual teams.
* Strong attention to detail.
* Required experience in a reporting role.
* Proven analytical and problem-solving skills.
* Strategic thinker with excellence in tactical implementation.
* Relevant experience in managing regulatory or commercial issues.
* Strong logical reasoning and ability to build from first principles.
What you'll get
A competitive salary between £64,000 - £76,000 – dependent on capability.
As well as your base salary, you will receive a bonus based on personal and company performance and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to a number of flexible benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.
About us
National Grid is pioneering ways to decarbonise the energy system; from building interconnectors to allow the UK to share clean energy with our neighbours in Europe, to investing in renewable energy generation in the United States.
As one of the largest investor-owned energy companies in the world, National Grid is at the centre of a clean, fair and affordable energy future, where tackling climate change and reaching net zero is a key priority.
More Information
This role closes on 4th April 2025 at 23:59, however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary.
At National Grid, we work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.
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