Regulatory Analyst

Job Reference: S2024042 Job Title: Regulatory Analyst Reports to: Head of Commercial and Regulation Location: Castlereagh House, Belfast (Hybrid) Who We Are SONI is Northern Irelands Transmission System Operator. We are the people behind Northern Irelands electricity grid. We make sure that every home, business, school, hospital, factory, and farm has power - when and where they need it. And thats just the beginning of our story. We have a critical mission. That mission is to transform the energy system to enable our society to reduce our carbon emissions and meet our climate change and net zero ambitions. Our focus is on safety, security, and reliability. Our work environment is challenging, fast-moving, collaborative and team orientated. Our culture is driven by continual development, knowledge, and teamwork. Our people are committed to reducing Northern Irelands reliance on fossil fuels and making decarbonisation a reality while providing a safe and reliable electricity supply in a way that secures the future for those who follow us. The work you will deliver with us here at SONI matters. Be part of the transformation! The Role You will join a busy team of Regularity Analysts in our Commercial and Regulation team where you will engage on all regulatory matters such as multiyear price controls and revenue assessments; progress funding submissions; and manage incentive arrangements and regulatory reporting, as well as ensure SONI licence compliance. You will be responsible for: Leading on regulatory related projects including Price Control Implementation and Regulatory Reporting processes and enhancements. Licence Compliance Tracking & delivery of allocated licence related submissions to the Utility Regulator. Regulatory support for Single Electricity Market Projects and initiatives. Regulatory support for NI Energy Strategy Action Plan initiatives. Support processes to report and monitor SONI performance both in term of services and outcome and in terms of regulatory and budget allocations. Regular engagement with the Utility Regulator and NIE Networks on licence related issues. Working collaboratively with teams across all areas of the business on regulatory matters. Other duties and responsibilities as reasonably requested by the Head of Commercial and Regulation. Critical Knowledge, Skills and Experience Essential Criteria Hold a degree in business, economics, finance, engineering or a closely related discipline. A minimum of 3 years experience in a similar role, working in a multidisciplinary environment. Excellent qualitative and quantitative analytical abilities with attention to detail, coupled with the ability to make reasoned judgements based on available information. Strong financial and commercial awareness and proficient in the use of MS Excel. Excellent written and oral communication skills including the ability to summarise and communicate complex issues. Ability to draft documentation in a rational, evidence-based, clear and concise manner. Excellent organisation and time management skills - ability to meet deadlines with high quality deliverables. Demonstrated flexible working approach with ability to lead and prioritise a wide range of demands and activities whilst maintaining a professional and positive focus. Ability to guide, persuade and influence others through developed skills of communication and diplomacy. Desirable Criteria Experience of working in a regulated organisation or regulator, and/or of working in an energy environment. Experience of policy analysis, competition law, regulatory economics. Project management experience or working in a project-based environment. Benefits package This is an opportunity to lead and contribute to the advancement of a critical component of the energy infrastructure. The rewards package includes a competitive salary commensurate with experience, eligibility for an annual performance related payment, private medical provision, competitive pension with employer matching arrangements, a variety of salary sacrifice schemes (e.g., pension and cycle to work) together with hybrid working arrangements (3 days office: 2 days working at home), competitive holidays and complimentary lunch, car parking and electric charging points on site. If you are seeking a challenging and impactful role within the electricity sector, we invite you to apply. Join us in shaping the future of SONI and the wider industry. Closing date for applications is 12 noon on 8 November 2024 SONI is an equal opportunities employer and welcomes applications from all sections of the community. All appointments are based on merit. SONI has a duty to prevent illegal working and applicants must demonstrate they have a legal right to work in the UK. SONI is not providing sponsorship for this vacancy. Skills: Regulation Analyst Renewable energy