Job at a glance
Job summary At the forefront of the fight to protect the integrity of Britain’s wholesale energy markets, Ofgem is helping combat market misconduct and ensure gas and electricity markets work effectively for consumers. We’re looking for a Senior Analyst to join us and bring powerful analytical insight to some of the most complex issues affecting wholesale energy markets. Ofgem is Great Britain’s independent energy regulator.
We’re at the forefront of change across the energy sector, driving toward Net Zero whilst protecting energy consumers, especially vulnerable people. We’re offering a permanent, full-time role with the chance to work at the heart of wholesale market regulation and make a meaningful impact on how these vital markets operate. You’ll join our Wholesale Market Conduct team, helping promote integrity and transparency across Britain’s gas and electricity markets.
Working across a varied and complex landscape, you’ll contribute to evidence-led regulation that ultimately delivers better outcomes for consumers. This is an exciting chance to combine your understanding of wholesale markets with advanced analytical expertise, working with unique and complex datasets covering trading activity and the physical characteristics of energy producers. You’ll collaborate across Ofgem and engage with major organisations across the UK and European energy landscape, gaining significant exposure while helping strengthen our response to risks within wholesale markets.
We’re looking for someone with a strong understanding of wholesale energy markets or trading, combined with excellent analytical and quantitative capabilities and the ability to draw robust conclusions from complex evidence. You’ll also bring experience navigating complex regulatory frameworks, excellent communication skills and the technical capabilities to work effectively with large datasets. You’ll have the chance to apply your expertise to high-profile issues that directly influence the integrity of Britain’s wholesale energy markets.
Alongside this breadth and exposure, you’ll benefit from excellent Civil Service pension arrangements, generous annual leave and flexible working options designed to support a positive work-life balance. We have a critical purpose to protect the integrity and transparency of Britain’s wholesale gas and electricity markets, so they work effectively for consumers. Join us and help combat market misconduct, strengthen confidence in the energy market and ensure robust evidence drives action where it matters most.
Read on and find out more. Job description Key responsibilities: Leading on compliance or enforcement activity in relation to wholesale market conduct issues by producing high quality, timely, and robust analysis and reports and by engaging with market participants and market operators on conduct issues. Build capability in the team by improving the team’s analytical tools and processes for proactive monitoring of large and complex wholesale transaction datasets for potential regulation breaches.
Making evidence-based recommendations: identifying and escalating key issues as well as assisting in the management of risk. Contributing to learning and development of colleagues, by mentoring and developing team learning materials. Collaborating across Ofgem teams and with external stakeholders on addressing wholesale markets risks and issues. Key Stakeholder Relationships - Internal: Wholesale Market Oversight and International portfolio, including the team providing insights on wholesale gas and electricity markets developments Wholesale market policy teams Legal teams External: National Energy System Operator (NESO) Energy brokers and exchanges Electricity generators, gas shippers and wholesale market participants UK and EU institutional stakeholders such as DESNZ, the FCA, ACER and other National Regulatory Authorities (NRAs).
Person specification Sector knowledge: An understanding of the operation of wholesale energy markets an