Head of Wholesale Market Intelligence and Data

Successful candidates may be based in any of our office locations – Cardiff, Glasgow or London. We especially welcome applicants from Cardiff and Glasgow.

Job summary

At Ofgem, insight into wholesale markets plays a critical role in maintaining secure, resilient and well-functioning energy systems, and we’re seeking a Head of Wholesale Market Intelligence and Data to lead the analysis that underpins this work.

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 opportunity to lead the Wholesale Market Intelligence and Data team within our Market Oversight and Enforcement directorate. Sitting at the centre of how we understand market developments, this role will shape the insight that informs major regulatory, operational and policy decisions across the organisation.

In this highly visible leadership role, you’ll guide how wholesale market developments are interpreted and communicated, ensuring decision-makers have the insight they need to respond to emerging risks, evolving market dynamics and wider system challenges.

You’ll work closely with senior colleagues and key partners, including government departments, the National Energy System Operator, the Financial Conduct Authority and international regulatory counterparts, helping ensure a shared understanding of wholesale market developments exists at moments that matter most.

With strong analytical expertise and experience, both quantitative and qualitative, you’ll have a background of working with complex data and the ability to translate insight into clear advice for senior audiences. Alongside your analytical capability, you’ll be an experienced leader able to motivate teams, build strong partnerships and deliver results in fast-moving and high-profile environments.

In return, you’ll join a collaborative leadership community working on some of the most complex and consequential challenges facing the sector. You’ll have the opportunity to shape how wholesale markets are understood and overseen, while developing your leadership and strategic influence within a respected public authority.

We have a critical purpose to ensure markets function effectively and in the interests of consumers. Join us and help strengthen the intelligence and insight that underpins confidence in wholesale energy markets.

Read on and find out more.

Key Responsibilities

• Set strategy and priorities for the team.
• Lead and motivate a team of around 7 staff and act as part of the leadership team of the Market Oversight and Enforcement directorate.
• Build links across key Ofgem teams and external stakeholders to ensure that the team receives relevant information and can support on related areas of work.
• Support and collaborate with policy teams in producing robust and high-quality analysis to enable good decision-making.
• Leading and directing others to implement improvements to our existing processes and outputs.

Key Outputs and Deliverables

• Management responsibility for a team of around 7 people.
• Briefings and updates on key market developments, including for senior level internal and external stakeholders.
• Analysis of market data including commodity prices, gas and power fundamentals and wholesale trade data to provide market insights.
• Developing and improving regular reports to ensure the team provides necessary and useful information to stakeholders.
• Overseeing collection and validation of key data sets.
• Ensuring the team has robust processes for security of supply emergency preparedness. This involves leading our response to live events with robust analysis and advice.

Essential Criteria

• Excellent analytical and quantitative skills. Experience in analysing quantitative and qualitative information to support conclusions. Ability to scrutinise complex policy and make effective decisions (Lead Criteria).
• The ability to effectively communicate and synthesise analysis and data for senior decision-makers and external audiences, both verbally and in writing (Lead Criteria).
• Experience leading and motivating a team.
• Excellent interpersonal and team working skills including building strong relationships both internal and external to the team.
• Ability to meet challenging deadlines and managing multiple priorities.