Head of Markets Cluster

Successful candidates may be based in any of our office locations – Cardiff, Glasgow, or London, we are especially welcoming applications from people based in the Cardiff and Glasgow. Hybrid working – on average, currently one day per week in the office, or approximately 20% of the month.

Ofgem is Great Britain’s independent energy regulator. Our primary responsibility is to protect energy consumers, especially the most vulnerable, while at the same time working with government, industry and consumer groups to deliver a clean, more affordable and secure net‑zero energy system at the lowest cost to consumers, and drive economic growth.

We are now looking for two Heads of Markets Cluster to join our Markets Strategy & Delivery directorate. This is an exciting leadership opportunity at the heart of the organisation, shaping analytical excellence and influencing some of the most critical decisions affecting households, businesses, and the wider energy system.

The Markets Group covers retail price cap, retail financial resilience regulation, retail consumer standards, wholesale markets, and compliance and enforcement. You will be a competition and regulatory specialist looking to lead a team of analysts to provide analytical input to priority projects across the Markets Group.

As a Head of Markets Cluster, you will lead a team of analysts to deliver high‑quality regulatory and competition economic analysis across priority projects within the Markets Group. You will oversee a diverse portfolio of analytical work, helping senior leaders make well‑evidenced decisions. You’ll provide high quality economic analysis and act as a trusted adviser to senior stakeholders, supporting the development of policy proposals underpinned by high‑quality evidence.

Your leadership will ensure analytical outputs are robust, transparent and aligned with Ofgem’s strategic objectives.

We’re looking for someone with a strong background in economic, regulatory or competition analysis, paired with good communication and team working skills.

• Be part of the leadership of a strategic analytical team in Markets Group, providing analytical input to priority projects.
• Lead priority projects that support the Markets Group. Plan, oversee, and deliver a set of deliverables on time and to a high standard through effective analytical leadership and project management.
• Provide inclusive team leadership and management by supporting and developing team members and demonstrating commitment to Ofgem values.

Offer expert economic advice to senior leaders, helping shape strategic decisions and ensuring policy proposals are underpinned by high‑quality evidence.

• Adopt best practice in economic and regulatory analysis, encouraging consistent methodologies and high‑quality analytical approaches across projects.
• Coach, mentor and support the development of analysts within the team and wider Markets Group, helping build organisational analytical capability.
• Work collaboratively with policy, legal and operational teams across Ofgem to ensure analysis is joined‑up, accurate and reflective of wider organisational perspectives.
• Contribute to the wider economist profession within Ofgem, supporting professional networks, knowledge‑sharing forums and capability‑building initiatives.

• Markets Strategy Deputy Director and Chief Economist (line managers)
• Markets Senior Leadership team
• Policy teams from across Ofgem, particularly those involved in analytical work underpinning key Ofgem decisions.
• External senior stakeholders including academia, other regulators, government departments etc

Please ensure you demonstrate clearly within your personal statement, how you meet each of the criteria below (not more than 1250 words).

In the event of receiving a large number of applications, an initial sift may take place on just the lead criteria indicated below.

• Degree in Economics/related subject (Lead Criteria)
• Experience in regulatory or competition economics in a professional setting (Lead Criteria)
• Experience leading teams in delivering high quality analytical work,…