Junior Regulation & Compliance Officer

Job content

About The Role

The post holder will support the Regulation and Compliance Leadership team (R&C team) to ensure that the company understands and meets its obligations under the supply licence conditions, Codes and other legal requirements.

As required supporting to summarise Regulatory obligations to the R&C team, where it’s required. Where appropriate to provide guidance to all sectors of the business as agreed, undertake briefing sessions, and support regulatory training, while supporting business changes driven by regulation and compliance to enhance the customer experience.

Supporting of appropriate activities to ensure compliance with our obligations against risk appetite internally in addition to the external activities of any business partners to ensure that they meet the relevant obligations.

Providing support and coordinating responses, extracting, and mining data from our internal system, analysing, and interpreting the data with support from the business and wherever possible standardising data collection and processing.

Principal duties and responsibilities

• Keep informed of current and upcoming regulatory obligations and support Head of Regulation and Compliance in communicating to colleagues through briefing documents and training sessions. Ensuring all company staff are made aware of their responsibilities and accountabilities related to statutory and regulatory requirements.
• Deputies as required for the Regulation and Compliance Officer internally.
• Support in mitigating compliance observations, monitor that any regulatory required changes have been undertaken and escalate as necessary.
• Liaise with internal departments and highlight with appropriate delegated levels of authorities, to ensure that local regulatory risk registers are maintained and updated.
• Support where required in collating data for regular and ad-hoc regulatory consultations and RFI requirements. This includes ensuring that relevant colleagues and third parties provide information on time, in addition to data mining and pulling essential data from internal systems as required, as well as validating information before submission.
• Compliance activities including but not limited to monitoring appropriate activities internally in addition to the external activities of any business partners such as TPI’s to ensure that they meet the relevant obligations.
• Support to ensure that the business meets all statutory and regulatory requirements in accordance with the Electricity Supply Industry Balancing & Settlement Code for the Supply licences held.
• To support in ensuring that the business meets all statutory and regulatory requirements including but not limited to the Gas and Electricity Supply Licences.
• Conform to all company policies and Health and Safety regulations such as DSE assessment and reporting of Health and Safety related incidents.
• Review and summarise where applicable published change management documentation from Elexon, REC, BEIS, Ofgem and other Industry related working bodies, and advise on any actions that need addressing and checking understanding which may have an impact on the business.
• Support on internal auditing requirements throughout the business as requested.
• Assist with compliance guidance on projects as required.

About You

Knowledge, skills and Experience

• Graduate or relevant industry experience.
• Experience of working within a regulatory framework preferably within the Energy Sector or an excitement to learn Regulations.
• Demonstrate excellent communication, presentation, and written skills, with experience of dealing with all levels of internal/external stakeholders.

Key Competencies

• Attention to detail and a commitment to quality.
• Ability understand and contribute to process flows or alternatively compliance experience.
• Proven ability to work independently/ as a team member or remotely.
• Ability to demonstrate organisational, multi-tasking and time management skills.
• Solution focused with a recognition of business constraints, ambitions, and operational objectives

About Us

What’s in it for you...

Healthcare plan, life assurance and generous pension contribution

Volunteering day

Hybrid working

Various company discounts (including shops, days out and events)

Holiday of 25 days pro rata (plus bank holidays) & ability to buy/sell days

Cycle to work scheme, car pooling and onsite parking available

As a valued member of the team you will be supporting the Group Environmental policy and its associated targets to make the Green Britain Group net carbon neutral by 2025

Flexibility statement

The fast moving nature of the company’s business means that from time to time you may be asked to perform duties or tasks outside of your original job description on an ad hoc basis. This allows the company to use it’s people in the best possible way at all times and helps the employees to make make their contribution in a changing environment.

Ecotricity is Britain’s greenest energy company. When we started back in 1995, we were the first company in the world to provide a new kind of electricity- the green kind.

Our mission was, and remains, to change the way energy is made and used in Britain- by replacing fossil fuels with clean, renewable energy.

We don’t just supply green energy, we use the money from our customers’ bills to make it ourselves too- we build windmills and sun parks in Britain. We call this ’bills in to mills’. In 2021, we started work on building two new solar parks, and now, in 2023, we’re bringing geothermal energy to our customers’ fuel mix, a first in the UK. We’re also developing green gas mills which will generate 100% green gas from a source that we will never run out of- grass.

We don’t just focus on energy though- we built Electric Highways, Britain’s leading network of electric vehicle charging points, we helped Forest Green Rovers become the greenest football club in the world, and, in partnership with RSPB, we launched Britain’s greenest mobile phone service, Ecotalk.

Ecotricity is an equal opportunities employer and is committed to providing equality for all.