Senior Regulatory Economist

**Job Title**:Senior Regulatory Economist

**Job Type**:Contract/ Temporary

**Duration**:12 months

**Rate**:£ 333 per day

**Location**:London - largely working from home with a once a month meet up

**IR35 Status**:In scope

**Security Clearance**:BPSS Check will be required before starting

**Description**:
We are seeking a contractor to work in Network Rail’s Regulatory Economics team. This role will support the team in managing the company strategy for regulatory economics, providing technical expertise in track access charges, regulatory incentive mechanisms and general economic advice, while managing an effective relationship with our regulator, the Office of Rail and Road, and other external stakeholders.

You will be joining the team at a critical point in this programme of work, as the Office of Rail and Road (ORR) has recently published its formal conclusions documents on Access Charges and Incentive regimes for CP7.

We are looking for someone with demonstrable experience of working in regulation or business planning environment, preferably with experience of periodic reviews / price controls. A sound understanding of regulatory economics and charging principles will be important, as well as a strong set of analytical skills and experience in drafting policy papers.

**Key activities**:

- Manage industry responses to our upcoming Access Charges consultation, providing insight into how to address any concerns / queries and supporting in writing our conclusions to this consultation.
- Undertaking detailed recalibration work for our Access Charges, which will involve getting to grips with our already-existing charges model and updating these for our conclusions (referenced above) and changes in inputs. This will be with the view to producing Network Rail’s draft and final price lists for CP7.
- Undertaking impact analysis, for example of the changes to Access Charges, to understand the root of any changes and the impact that this may have on our customers.
- Drafting briefing notes to senior colleagues and external stakeholders to explain any changes in the levels of our Access Charges for CP7.
- Support the team in managing Network Rail’s involvement with the recalibration of the performance and possessions (incentives) regime, as and when required. Providing valuable insight and technical expertise where appropriate.
- Engaging with colleagues in the Great British Railways Transition Team (GBRTT) as they seek to establish a charging framework and incentive regimes for their future contracts with their operators.
- Supporting and leading on, as required, ad hoc queries from the business on the topics of charges and incentives.

**Skills and Experience are we looking for**:

- Educated to degree level, preferably in economics or finance, or relevant experience.
- Proven ability to build effective relationships with stakeholders.
- Strong and proven analytical skills.
- Good understanding of regulatory economics.
- Experience of working in a regulatory environment.

Please ensure your submitted CV has all gaps in employment explained. So, if you were looking for employment during any gaps please state this on your CV.

Ensure your CV fully covers all the criteria stated above to maximise your chances on being successfully placed for this role.

Let us know of your availability and whether there are any specific dates if you are unavailable to attend an interview. Notifying us of any holiday dates is advantages and allows us to notify parties in advance so they can plan accordingly.

All CVs received are acknowledged and held for the job applied for. If you would like us to remove your details at anytime please do let us know in writing so we can remove all your details accordingly.

We wish you the best in your search for an ideal role and look forward to hearing from you soon.

Please note, we try to remove roles advertised as they become unavailable in a timely manner. If you have applied for a role and it is no longer available we will inform you as soon as possible.

AJACO is an equal opportunities employer.

**Job Types**: Full-time, Temporary contract
Contract length: 12 months

**Salary**: £333.00 per day

Schedule:

- 8 hour shift

**Experience**:

- Public Sector: 2 years (required)