This position is no longer open for applications

Senior Regulation Specialist

Reports to:          Regulation & Business Planning Director

Location: Abu Dhabi

Industry: Power

Contract Duration: 2 Years

Contract Hire position, through MPH

JOB SUMMARY:

The Senior Regulation Specialist is responsible for providing regulatory expertise and guidance across the organization to ensure compliance with Law Number 2 of 1998 and company’s License. This includes quantifying the impact of any regulatory change on company’s role as single-buyer, as well as representing company during regulatory consultations with principal sector stakeholders.

MAIN ROLES AND RESPONSIBILITIES:

Regulatory Compliance

• Monitoring organizational regulatory compliance with Law Number 2 of 1998 and company’s License.
• Contributing to regulatory sector debates/discussions, seeking to guide, influence and inform the evolution of sector regulation.
• Anticipating and quantifying the impact of any regulatory change on company’s activities in coordination with Legal and Internal Control colleagues.
• Overseeing the development and submission of all regulatory requirements to the Regulation & Supervision Bureau (RSB)
• Providing strategic support to senior management and Company’s Group, advising on appropriate actions (if necessary) to address sector regulatory change
• Developing regulation/ policy briefs for distribution across the organization
• Monitoring Company’s implementation of updated processes and procedures designed to reflect regulatory sector change
• Representing Company during regulatory consultations with the Regulation and Supervision Bureau (RSB) and other relevant external sector stakeholders
• Reviewing and challenging components of the Emirate’s regulatory framework (where necessary) to drive necessary change in coordination with the RSB
• Drafting and coordinating Company’s response in cases of regulatory disputes
• Building and maintaining strategic relationships with the Company’s Group and external stakeholders including the RSB, Energy Authority and other government policy bodies
• Overseeing the submission of Separate Business Accounts (SBA) and Price Control Return (PCR) audits in coordination with Contract Management colleagues
• Reviewing RSB Price Control Consultation process, Lessons Learned Report and Bulk Supply Tariff (BST) calculation in coordination with Tariffs and Settlements colleagues
• Reviewing the Nuclear Charge Rate Audit as defined in the PPA with Barakah One
• Providing ad hoc regulatory advice and guidance to all Directorate colleagues
• Directorate Business Planning and Performance
• Contributing to the development and achievement Directorate key performance indicators (KPIs) and targets
• Providing regulatory coaching and support to colleagues

 KEY RESULT AREAS:

• Organizational regulatory compliance with Law Number 2 of 1998 and Company’s License
• Protection and promotion of Company’s strategic and business interests during sector regulatory consultations

 INTERNAL WORKING RELATIONS             

• Regulation & Business Planning Director
• Organization & Performance Department Manager
• Senior Risk & Business Continuity Specialist
• Forecasting & Planning Directorate
• Contract Administration Directorate
• Corporate Support Directorate

EXTERNAL WORKING RELATIONS:

• Company Group
• Regulation & Supervision Bureau (RSB)
• Energy Authority
• Policy bodies
• General Secretariat of the Executive Council (GSEC)

MINIMUM EDUCATIONAL LEVEL:             

• Bachelor’s degree in a relevant field
• Master’s degree in a relevant field is preferable

MINIMUM EXPERIENCE LEVEL:

• Minimum of 7 years of experience working in regulation or policy related role, preferably within the energy sector
• In-depth knowledge of Abu Dhabi’s regulatory framework
• Excellent stakeholder engagement and communication skills
• Good understanding of the Gulf region and its unique regulatory requirements and constraints
• English language is mandatory, Arabic is preferable