Regulations and Compliance Analyst

Job Description

We are seeking a Regulations & Compliance Analyst to join our client within their team on a permanent basis. This role is based in Coventry with flexible hybrid working arrangements. My client operates as an Independent Distribution Network Operator (IDNO). Regulated by OFGEM and adhering to industry standards, they have aims to secure a significant market share and establish themselves as leaders within the competitive connections market.

This is a unique opportunity to join a brand-new team in an evolving industry. As the IDNO Compliance Officer, you will play a pivotal role in ensuring compliance with OFGEM's distribution licence requirements.
Your primary responsibility will be to oversee compliance with regulations and business separation requirements while delivering expert guidance and reporting to the IDNO.

Key Responsibilities:
* Regulatory Leadership: Drive all regulatory and compliance activities, leveraging support from the central EIS regulations team.
* Policy Development: Assist in crafting and implementing regulatory and compliance policies and procedures.
* Industry Representation: Represent the organization in industry forums.
* Audits and Investigations: Conduct and support audits to ensure adherence to regulations and industry standards.
* Expert Guidance: Provide subject matter expertise on IDNO regulations, supporting business growth and initiatives.
* Regulatory Monitoring: Collaborate with the central EIS regulations team to track regulatory changes, updating company policies as needed.
* Compliance Reporting: Prepare and submit reports to management and regulatory authorities.
* Issue Resolution: Investigate and address compliance issues or complaints, maintaining comprehensive records and documentation.

Knowledge and Skills:
* Demonstrated success in compliance or regulatory roles.
* Solid understanding of OFGEM electricity distribution regulations.
* Skills:
* Strong analytical and problem-solving abilities.
* Excellent communication and interpersonal skills.
* Detail-oriented with the ability to work independently.
* Proven ability to design and implement effective compliance programs.
* Bachelor's degree in Law, Business Administration, or a related field.
* Professional certification in compliance or related disciplines is advantageous.
* Proficiency with compliance management software.
* Strong auditing and investigative skills.
* Collaborative approach with cross-functional teams.

This role offers the chance to be at the forefront of a dynamic new business unit, shaping its regulatory framework while contributing to its growth and market leadership.

Please note:
This vacancy is being advertised by Rullion Ltd acting as an employment business.
Since 1978, Rullion has been securing exceptional candidates for a range of clients; from large well-known brands, to SMEs and start-ups. As a family-owned business, Rullion's approach is credible and honest, focused on building long-lasting relationships with both clients and candidates.
We celebrate and support diversity and are committed to ensuring equal opportunities for both employees and applicants.

Rullion celebrates and supports diversity and is committed to ensuring equal opportunities for both employees and applicants.