We are looking for candidates with with accounting, corporate finance or similar qualifications, or experience in consulting and relevant industries, to join the financial economics team within Ofcom’s Competition Group.
Ofcom is the independent regulator and competition authority for the UK communications sectors and we are globally respected for the work we do. We regulate the TV and radio sectors, fixed line and mobile telecoms, postal services, plus the airwaves over which wireless devices operate, always with the aim of furthering the interests of UK citizens and of consumers. As part of Ofcom, the Competition Group is focused on identifying and responding to competition issues in all these sectors. We prefer to allow markets and competitive forces to determine outcomes and only intervene with regulation if this is unsuccessful.
As part of the financial economics team, you will help ensure that our policies have a sound financial basis by delivering trusted financial insight and robust analysis and modelling. You will have the opportunity to work across different industry sectors and will be able to further develop your financial expertise through working on a wide range of novel and challenging issues.
We recognise that not everyone has the same needs and we strive to offer flexible working arrangements to help manage work and personal commitments. We have family friendly policies that actively seek to support our colleagues and enable our teams to work in the most effective way.
Your work will be project based, with a mix of short assignments, small projects with teams made up of a few people and larger, and longer projects with teams of ten or more colleagues. You will work collaboratively with other financial experts, as well as economists, lawyers, technical experts and policy specialists to provide relevant and reliable financial analysis in a straightforward and robust manner. To do so, you will need to define the financial information we need to underpin our decisions, and ensure that the necessary information is obtained, challenged and correctly interpreted.
Colleagues in the financial economics team have recently contributed to Ofcom’s work in the following ways:
The team is made up of colleagues with backgrounds in accountancy, consultancy, at other regulators and in industry. Associates have typically worked for a few years in a financial or economic modelling role and may have recently qualified as an accountant or gained a similar level of expertise and experience in a financial role. They will lead the delivery of the financial input to smaller projects and participate in stakeholder meetings. They will act as a point of contact for project teams on finance issues. As part of their work, they may need to manage the inputs of others.
 See Section 4 of our Strategic Review of Digital Communications http://stakeholders.ofcom.org.uk/binaries/consultations/dcr_discussion/summary/digital-comms-review.pdf
Experience of regulation and the industries we regulate could be an advantage, but there will be opportunities to develop this expertise in role.
To deliver the necessary financial insight you are likely to have relevant experience in consulting, industry, city or accounting environments and may have accounting, corporate finance or other related qualifications.
Ofcom offers competitive salaries plus pensions and flexible benefits package.
Ofcom is an equal opportunities employer and committed to equality of opportunity for all. As a disability confident employer, all disabled candidates who meet all the essential criteria of a job description will be guaranteed an interview. If you have a disability or special need and wish to request a reasonable adjustment at any stage of the recruitment process please do so by contacting Recruitment@ofcom.org.uk or calling us on 020 7783 4050.
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