This position is no longer open for applications

We are currently recruiting for a  Senior Regulation Specialist 

Contract : Contract role through MPH

Work Location : UAE

Duration : 2 years

Work Status : Resident

Work Schedule : 5 days a week / 8 hours a day

JOB SUMMARY:

• Responsible for providing regulatory expertise and guidance across the organization to ensure compliance with Law concerning the regulation of water and electricity sector. This includes quantifying the impact of any regulatory change on the COMPANY’s role as single-buyer, as well as representing the COMPANY during regulatory consultations with principal sector stakeholders

MAIN ROLES AND RESPONSIBILITIES:

Regulatory Compliance

• Monitoring organizational regulatory compliance with Law concerning the water and electricity sector 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, 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 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

JOB REQUIREMENTS

MINIMUM EDUCATIONAL LEVEL:

• Bachelor Degree in a relevant field
• Master 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 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