Internship- Finance/analysis Team

1 month ago

London, United Kingdom Office of Rail and Road Full time

**Details**:
**Reference number**:

- 342793**Salary**:

- £20,647 - £23,960- London:£23,960 or Regional:£20,647**Job grade**:

- Administrative Officer- Grade G**Contract type**:

- Fixed term
- Internship**Length of employment**:

- 8 weeks**Business area**:

- ORR - Economics, Finance & Markets**Type of role**:

- Analytical**Working pattern**:

- Full-time**Number of jobs available**:

- 1Contents

Location

About the job

**Benefits**:
Things you need to know

Location
- Birmingham, Bristol, Glasgow, London, Manchester, YorkAbout the job

**Job summary**:
**Summer intern programme - Starting 1st July**:
You will undertake a single placement in the Economics, Finance and Markets Directorate working specifically in the Economic Regulation Finance/Analysis team.

Commencing 1 July 2024, this development programme runs for 8 weeks until 23 August, and is packed with a variety of opportunities, designed to provide you with first-hand experience of our sector. Your programme will offer you hands-on experience with the Economic Regulation Finance/Analysis team. By working on live projects and activities, you will gain a broad grounding of what drives our organisation and what we deliver.

During this summer placement, you will gain meaningful and valuable work experience which will support you in your ongoing career journey.

You’ll be set clear objectives at the start of your placement and will complete mid placement and end of placement reviews with your placement manager.

**Job description**:
Our regulatory work includes how to ensure the right balance of funding, outputs, charges and incentives for the monopoly providers of rail infrastructure like Network Rail. Our experts in economics and finance also support our work on holding regulated companies to account, and wider reporting and monitoring of the sector.

ORR is also the concurrent competition authority for rail which means that it has powers to take enforcement action against anticompetitive behaviour in the rail sector and to conduct market studies to look at possible competition problems in rail-related markets. It holds these powers concurrently with the Competition and Markets Authority.

Your role will involve assisting the finance team in the financial monitoring of Network Rail’s regions and the development of aspects of region-level economic regulation.

Supporting the team’s analysis work in the Annual Efficiency and Finance Assessment and UK Rail Industry Finance publications. Assist with any ad hoc requests from the wider rail economics and finance teams, and ORR more generally to ensure a wide variety of different work within ORR.

**Person specification**:

- For key responsibilities please see the attached job description.**Qualifications**:

- Are you an undergraduate or graduate with strong quantitative element and with at least two years of your degree studies completed?**Behaviours**:
We'll assess you against these behaviours during the selection process:

- Communicating and Influencing
- Delivering at Pace
- Working Together

**Technical skills**:
We'll assess you against these technical skills during the selection process:

- Proficient in MS 365, particularly MS PowerPoint, Word, and Excel

**Benefits**:
A Civil Service Pension with an average employer contribution of 27%

Find out what our colleagues have to say about their ORR careers Our people Office of Rail and Road (orr.gov.uk).

Things you need to know

**Selection process details**:

- This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Experience and Technical skills.- Feedback will only be provided if you attend an interview or assessment.**Security**:
- People working with government assets must complete baseline personnel security standard (opens in new window) checks.**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)
- 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)**Working for the Civil Service**:

- Please note this Post is NOT regulated by the Civil Service Commission.-
- This vacancy is part of the Great Place to Work for Veterans (opens in a new window) initiative.- Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.**Contact point for applicants**:
Job contact:

- Name:
- Nahul Bhimjiyani
Recruitment team

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