Head of RIIO ED3

As the Head of RIIO - ED3, you will play a pivotal role in developing new transformational regulatory frameworks for the next price control period and ensuring the successful delivery of our business plan. You'll bring insightful and strategic thought leadership to the business, skills to influence externally with key stakeholders and the ability to turn regulatory strategy into delivery within the business. You'll provide a key interface between Ofgem, other external stakeholders and the Electricity Distribution business to develop regulatory price control arrangements and regulatory submissions that work for the business and for consumers going forward. As a competent leader, you'll develop your own team, leading both direct reports and cross functional teams established across the broader business to deliver a successful outcome. This role can be based in Bristol, Castle Donnington, Warwick, or The Strand. Travel to London will be necessary due to the role's requirements. If you are passionate about driving the transition to Net Zero and have the skills and experience required for this challenging role, we invite you to apply. Join National Grid Electricity and be part of shaping the future of the energy industry.What you'll be responsible for

• Accountable for delivering regulatory arrangements that appropriately fund the costs and output requirements of the Electricity Distribution business in RIIO-ED3.
• Providing regulatory thought leadership for the Electricity Distribution Business, developing new regulatory arrangements, shaping options and arguments to ensure price control arrangements deliver for both investors and for consumers.
• Lead on the Electricity Distribution regulatory interface with Ofgem and other key external stakeholders for RIIO-ED3, engaging and influencing to deliver successful regulatory outcomes.
• Responsible for the overall coordination and preparation of RIIO-ED3 business plans.
• Deliver compelling, well justified, and advocated regulatory submissions into price control processes which are aligned with customer and stakeholder needs.
• Work closely with all the ED directorates and the rest of ED Regulation to ensure we obtain the right regulatory framework to deliver the key customer outcomes for the next price control.
• Work closely with all other areas of the NGED business (e.g., IT, finance, SEA, legal) to ensure the price control is aligned with how we want to run the business to deliver for consumers.
  
  We are seeking a highly skilled and experienced professional to join our leadership team as the Head of RIIO - ED3. This role is vital in driving the transition to Net Zero and meeting the Government's 2030 targets for the electricity industry., A broad knowledge / awareness of the Electricity Distribution commercial value drivers and regulatory environment
• Awareness of the technical challenges associated with operating and maintaining the UK Electricity Distribution Networks and how these relate to commercial and regulatory issues.
• An ability to strategically develop regulatory options and understand their implications for our UK Distribution businesses
• Ability to influence executive leaders and external senior stakeholders, gain credibility quickly, inspire trust and confidence in delivery and counsel.
• A collaborative person able to quickly build effective partnerships with others around the business and a strong team culture within a matrixed organization.
• Strong strategic thinking combined with excellence in tactical implementation
• Highly motivated and organised with a high level of attention to detail.
• Strong programme management skills - given the multi dimensional aspects to the next price control
• Results orientated, consistently managing timely delivery in a challenging environment: dealing with rapid change and ambiguity.
• Expert thought leadership
• Understands National Grids policies, management structures and reporting procedures for all aspects of the regulatory regime.
• Team working to promote team effectiveness by listening to input from team members, encouraging others and putting forward ideas which bring effective collaboration and knowledge sharing.
  
  National Grid Electricity Distribution (NGED) is the regional electricity distribution division of National Grid.
We are the largest UK Electricity Distribution company, providing services and energy to over 25 million customers, through 8 million connections in our four regions across South Wales, the South-West, West Midlands, and East Midlands. Over the next five years we need to invest in over £7.5bn of infrastructure to fulfil the UK's ambition, enabling capacity for more than 1.5 million Electric Vehicles and 600,000 heat pumps and ensuring our customers can connect to our network when they want and how they want. At National Grid, we work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office. Our goal is to drive, develop and operate our business in a way that results in a more inclusive culture. All employment is decided on the basis of qualifications, the innovation from diverse teams & perspectives and business need. We are committed to building a workforce so we can represent the communities we serve and have a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential. #LI-SC1 #LI-HYBRID

A competitive salary of between £95,000 - £120,000 per annum dependent on experience. Plus:
• An electric company car or car cash allowance
• Up to 20% Annual Bonus (based on personal and company performance)
• 28 days annual leave, plus eight statutory days in addition to the option to buy additional or sell holiday days every year
• Private medical insurance
• A generous contributory pension scheme - we will double match your contribution to a maximum company contribution of 12%
• Life Insurance 10 x base salary
• Financial support to help cover the cost of professional membership subscriptions.
• Family care benefits including a back-up care service for when your usual care arrangements fall through (six paid days each year as standard with the option to purchase further days).
• Access to apps which support health, fitness, and wellbeing.
• Career development, ongoing training and support, career progression and plenty of opportunity to progress!