Regulatory Economics Senior Manager/Associate Director

Job Description

More than you expectedGrant Thornton UK LLP is part of a global network of independent audit, tax and advisory firms, made up of some 58,000 people in over 135 countries. Were a team of independent thinkers who put quality, inclusion and integrity first. All around the world webring a different experience to our clients. A better experience. One that delivers the expertise they need in a way that goes beyond. Personal, proactive, and agile. Thats Grant Thornton.NEW GROUND WON’T BREAK ITSELF. Every day our teams help people in businesses and communities to do what is right and achieve their goals.Grant Thornton is making major investment in the formation of Grant Thornton Economic Consulting - providing specialist economic advice across all our legal, corporate and public sector clients. Frequently working alongside colleagues from across Grant Thornton,we advise on high profile issues in all major sectors of the economy.Examples of our projects include:

• Advising an economic regulator in relation to the setting of a retail price control
• Advising an energy company in its response to Ofgem’s retail price control consultation
• Support to a global telecommunications operator to reshape the regulatory framework
• Economic tests to assess whether a group of companies have engaged in a cartel and the damages that arose from the overcharge
• Advising a financial institution to respond to an investigation into potential mis-selling
• Estimating the return on investment to a consumer business from undertaking ESG activities
• Assessing value for money and advising on subsidy matters in relation to Government investment in a major transport initiative
• Supporting financial institutions appraise the value of their investment products and services as part of complying with consumer duty regulations.

We’re happy to talk flexible working and consider reduced hours and job shares, we’ll support you to balance your work and life.A look into the role The Economic Consulting team is expanding its regulatory economics capability. We are looking for economists to join us to help us to grow our practice across all major regulated sectors. You may be a generalist regulatory economist or you may have expertisein specific sectors e.g. energy, telecoms, water, financial services or payments.As a Regulatory Economic Senior Manager/Associate Director within our Economic Consulting team, you will be:

• Responsible for regulatory economic projects for clients, leading analysis on large cases or a portfolio off cases.
• Produce quality economic analysis, insights and arguments (including ability to source data from multiple sources, manipulate large data sets and work with complex Excel models).
• Be able to interpret and challenge data and economic/financial models and communicate economic concepts effectively.
• Be able to scan the regulatory and supervisory landscape and execute evidence-based qualitative and quantitative analysis of the impacts of new policies and regulation on market efficiency.
• Experience supporting or challenging companies’ business plans.
• Preparing PowerPoint slides, memorandums and formal written reports and presenting the results, alongside other members of the team, and directly with clients.
• Liaising with clients including project updates and presentation of analysis
• Working alongside Directors and Partners to develop client relationships and to write proposals
• Identifying opportunities for business development including drafting thought leadership material
• Supporting analysts to develop and achieve their potential

Knowing you’re right for us Joining us as a Regulatory Economic Senior Manager/Associate Director within our Economic Consulting, the minimum criteria you’ll need is an MSc in Economics. It would be great if you had some of the following skills, but don’t worry if you don’t tick every box, we’ll help you develop along the way.

• Experience as a regulatory economist, gained in consultancy, industry or at an economic regulator.
• Experienced using Microsoft Office including Excel
• Good oral and written communication skills
• Experience of presenting complex arguments to a range of stakeholders
• Familiarity with regulatory frameworks and guidance (eg, HMT Green Book or sector economic regulation)
• A regulated sector e.g energy, telecoms, media, financial services, payments or water
• Price control models
• Regulatory impact assessments
• Price controls

Knowing we’re right for youEmbracing uniqueness, the culture at Grant Thornton thrives on the contributions of all our people, we never settle for what is easy, we look beyond to deliver the right thing, for everyone. Building an inclusive culture, where we value difference and respectour colleagues helps our people to perform at the best of their ability and realise their potential.Our open and accessible culture means you’ll interact with leaders who are interested in you and everything you bring to our firm. The things that set you apart, we value them. That’s why we give you the freedom to bring your whole self to work and pursue yourpassions inside and outside of work.Beyond the job Life is more than work. The things you do, and the people you’re with outside of work matter, that’s why we’re happy to look at flexible working options for all our roles, and we’ll always do our best to keep your work and life in balance.The impact you can make here will go far beyond your day job. From secondments, to fundraising for local charities, or investing in entrepreneurs in the developing world, you’ll be giving back to society. It’s that drive to do the right thing that runs throughour every move, grounded in our CLEARR values - Collaboration, Leadership, Excellence, Agility, Respect and Responsibility.We’re looking for people who want to contribute, spark fresh ideas and go beyond expectations. People who want to be able to proudly do what’s right, for the firm, our clients, our people and themselves. It’s how it should be.