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Regulatory Economist

Legal Enquire

Type:

Full Time

Full Description

The overarching aim of the Guernsey Competition and Regulatory Authority (GCRA) is to make markets work. We deliver against this aim when customers and wider society have trust and confidence that services represent value for money, while benefitting from choice and innovation. The GCRA is responsible for the administration and enforcement of competition law as well as the economic regulation of the telecoms and electricity sectors in Guernsey.

Guernsey has a high-value micro-economy, and decisions made by GCRA can have a material local economic impact. GCRA’s activities and decision are also highly visible and widely reported in the media. Details of GCRA’s recent activities can be found at its website: https://www.gcra.gg/

The work brings the GCRA in contact with consumers as well as many other stakeholders. As a Regulatory Economist within a small organisation, the breadth of responsibilities for this role is greater than for regulators in larger jurisdictions. Projects can require technical, economic, legal and communications skills and the Senior Economic Expert will be expected to support colleagues in several areas and share their expertise with the rest of the project team. You will work at different levels within a given project depending on team composition.

The role will involve the analysis of regulatory and policy issues through information gathering from inside and outside the business and economic and financial analysis. Additionally, the postholder will manage external advisers (including consultants, lawyers, cost modelling and technical experts) to help analyse regulatory issues.

The successful candidate will advise the leadership team on the best response to regulatory and policy issues, including how regulatory issues may impact business sectors in terms of pricing, costs, and investment decisions and draft responses to regulatory and policy consultations from the States of Guernsey or other bodies as appropriate.

The postholder will engage with regulators, government, media and industry groups, presenting the GCRA position, keeping up to speed with regulatory and industry developments while developing relationships with key stakeholders.

The postholder will ideally have a postgraduate qualification in economics and/or wide applied experience in the use of economic analysis (competition economics and/or regulatory economics) in competition law, business decision-making, regulatory and policy issues.

You will typically have worked at an economic consultancy, an in-house regulatory role or regulator (such as Ofcom, Ofgem, Ofwat or the CMA), and may even have senior experience in economic regulation and competition law, with knowledge of the UK and EU regulatory framework.

The successful candidate will have a demonstrable record of providing pragmatic advice informing policy and regulatory decisions, and proven experience of balancing strategic, big picture thinking with analytical ability and attention to detail.

They will have excellent verbal and written communication skills (including experience in drafting regulatory submissions) and be able to put together clear and concise arguments, advice and presentations that are tailored to your audience.

They will be able to influence, persuade and produce thoughtful, impactful regulatory assessments, and be able to work effectively with the wider business community and communicate complex matters in simple terms to audiences with different expertise.

You possess excellent time management skills, including ability to manage multiple projects simultaneously and prioritise /de-prioritise quickly and effectively.

Please apply via this site in the first instance or send a CV with covering note to jill.perkins@gcra.gg