Senior Associate Economic and Financial Modelling Advisor

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Please note that this role will close at 00:01 on Tuesday 9 September and therefore we advise getting your application in by no later than midnight on Monday 8 September.

How to apply:

Please send us your CV and a covering letter. The covering letter should be no more than one page and should explain what has motivated you to apply and how your skills and experience align with the requirements of the role.

Please note that you are able to upload multiple documents at the point where you are asked to upload your CV.


About Ofcom

As the UKs communications regulator were delivering vital work that helps keep the UK connected and shapes the future of how well stay connected with each other.

Our work covers everything from phones and broadband through to TV radio the postal service and wireless devices. Were also taking on the challenge of making the online world a safer place. And we need people of all backgrounds skill sets and experiences to help us achieve our goal of making communications work for everyone.

About the team youll be part of

Ofcoms Economics and Analytics Group is a dynamic international team of around 120 applied microeconomists data analysts behavioural economists and finance experts.

As experts in evidence we help Ofcomby providing thought leadership technical and sector expertise and the economic and financial insights to shape policy and decisions.

Working within the Economics & Analytics Group the Financial Analytics team provides financial advice and insight forensic accounting modelling expertise to projects across Ofcom. Our colleagues provide support on issues covering all the sectors we regulate (telecoms post broadcasting and online).

The purpose and scope of the role

As an Economic and Financial Modelling Advisor you will play a key role in delivering high-quality economic and financial analysis to support Ofcoms policy and regulatory functions. You will develop review and manage economic and financial models that inform key decisions across a range of sectors including telecoms broadcasting radio spectrum postal services and online platforms. You will work closely with colleagues from multi-disciplinary teams engage with external stakeholders and ensure that Ofcoms decisions are based on sound economic reasoning and robust financial evidence. The scope of the role includes but is not limited to:

• Develop implement and maintain complex economic and financial models to analyse market dynamics assess the impact of regulatory interventions and forecast sectoral trends.

• Conduct cost-benefit analysis scenario modelling and financial impact assessments for new and existing policies regulatory measures and market changes.

• Provide economic insight and advice to support Ofcoms regulatory projects policy development market reviews and consultations.

• Review critique and validate models and analyses submitted by industry stakeholders consultants or external parties.

• Translate modelling outputs into clear concise and compelling recommendations for senior management policymakers and public consultation documents.

• Ensure that models are underpinned by robust economic theory up-to-date data and industry best practice and that assumptions are transparent and well-justified.

• Present complex economic and financial findings to a variety of audiences both internally and externally tailoring communication style to technical and non-technical stakeholders.

• Keep abreast of developments in economic and financial modelling regulatory frameworks and sector-specific issues relevant to Ofcoms remit.

• Support the strategic development of Ofcoms modelling capability contributing to the design and implementation of modelling standards documentation and quality assurance processes.

• Mentor and support junior analysts and colleagues in developing their economic and financial modelling skills.

At Ofcom we value your well-being and provide an environment that fosters both personal and professional growth. Regardless of the area you work in you will get the opportunity to:

• Engage in diverse and stimulating projects across a broad range of markets.

• Apply finance and economic modelling expertise to address challenging questions.

• Make a real impact on society while achieving a healthy work-life balance.

Your Key Responsibilities

You will collaborate with vibrant teams of economists data analysts policy professionals market researchers technologists and lawyers on projects spanning various sectors. Your responsibilities will include:

• Delivery of high-quality economic and financial analysis ensuring accuracy transparency and relevance to regulatory objectives.

• Effective project management meeting deadlines and maintaining flexibility in response to shifting priorities.

• Gathering and assessing robust data and evidence to support your analysis.

• Producing clear and well-reasoned documents including publications.

• Communicating your work effectively in presentations meetings and engaging with external stakeholders.

• Collaborating with senior colleagues and multidisciplinary teams to deliver impactful outcomes

The skills knowledge and experience youll need for success

Job-based skills

• Proven experience in developing and applying economic and/or financial models ideally within a regulatory consultancy or public policy environment.

• Strong background in economic analysis cost modelling financial forecasting or similar areas.

• Familiarity with sectors regulated by Ofcom (telecommunications broadcasting spectrum management postal services digital platforms) is desirable.

• Track record of translating complex quantitative analysis into actionable policy advice or business recommendations.

• Experience in stakeholder engagement including working with government industry or consumer organisations.

• Proficiency in Excel and other modelling tools (e.g. R Python Stata or similar).

• Strong quantitative and analytical skills with a keen attention to detail and a commitment to methodological rigour.

• Excellent written and verbal communication skills with the ability to explain technical concepts to non-specialist audiences.

• Ability to manage analyse and interpret large complex datasets.

• Sound understanding of economic theory financial principles and their practical application to real-world problems.

• Knowledge of regulatory economics competition policy or utility regulation is advantageous.

• Postgraduate degree in Economics Finance Mathematics Statistics or a related analytical discipline (or equivalent work experience).

Grade-based skills

• Articulating ideas: express your thoughts in a clear and concise manner ensuring messages are understood by everyone.

• Building solutions: identify and solve complex issues using evidence-based methods to gather insights and develop solutions.

• Harmonising work: work effectively with others creating an honest team environment and sharing ideas and resources with multidisciplinary teams.
  
  

Inclusivity Statement

Ofcom has a clear mission: to make communications work for everyone. To be able to deliver on this we want our organisation to reflect the diversity of background experience upbringing and thought that exists across the UK. We aim to recruit from the widest pool of candidates possible no matter your social background age ethnicity sexual orientation gender or disability.We also warmly welcome applicants who are returning to the workforce after a break for whatever reason. If you have taken time away and are ready to rejoin we look forward to reviewing your application.

Where positions are listed as full-time we remain open to reduced hours part-time arrangements job shares and other flexible working options. From day one we champion flexible work arrangements to accommodate individual needs. You can read more about our Rewards Benefits and Well-being on our careers page.

Our recruitment processes prioritise accessibility and inclusivity. If you need adjustments information in an alternative format or prefer to apply in a different way please contact us at or call 0.

As a Disability Confident Leader we offer interviews to disabled applicants who meet essential criteria for advertised roles. Learn more about this scheme here. Experience:

Senior IC