Would you like to being a driving-force behind a major nuclear infrastructure project, working to achieve net zero? This is your chance to contribute to securing new nuclear power for the UK and delivering our low-carbon energy goals.
The role of Financing Structuring Manager is at the heart of developing a new structure for financing a new nuclear power plant which will inform an intergral part of negotiations with the developer. The role will require balance competing priorities to ensure the project offers value for money for consumers and taxpayers whilst also attracting investment. As part of this role you will consider the specifics of funding & financing structures required and delve into the requirements of a Regulated Asset Base (RAB) model.
The role will require being able to articlate complex financial requirements as well as working with our specialist legal, financial and technical advisors and a cross Whitehall. You will steer the project towards that endpoint through building understanding of investability requirements and engaging with relevant investors and stakeholders as well as having the opportunity to drive forward and participate in the capital raising activity.
This role is a cross cutting one that sits in the middle of a busy and dynamic project team which will allow involvement in broad areas of the project including policy development, legal requirements, technical due diligence and business case development.
The Nuclear Directorate strongly values learning and development, and you would benefit from opportunities to build your skills and knowledge.
The nuclear industry itself has not always been the most diverse sector. We are keen to encourage candidates from a diversity of backgrounds. This includes under-represented groups, to ensure that we draw on a wide range of perspectives. We are committed to promoting equality and inclusion and would expect you to share these values in your work. We can offer a variety of flexible work patterns.
We will ensure that individuals with disabilities are provided reasonable adjustment to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request adjustments.Responsibilities
In particular you will:
• Support the advancement of the Regulated Asset Base funding model design of the project to take it to an investable position.
• Lead on briefings for Ministers and officials across Whitehall.
• Work through establishing the legal entity for the development, ensuring that all relevant documentation is in place to enable an investment.
• Confirm policy on the revenue workstream will be acceptable for investors and propose any amendments required.
• This role will involve coordination with various workstreams (including across Whitehall colleagues and external advisors), close collaboration with the RAB legislative team and contributing to wider negotiations on the Sizewell C project.
• You will line manage junior members of staff coming into this area of the team and task others within the wider team.
• You will handle our external advisors working in this area, in particular running the work and spend profile of legal, financial and technical advisors. Skills & Experience
• Experience in crafting / delivering policy and/or working in a commercial environment.
• Desirable experience in economic regulation or energy market.
• You can communicate sophisticated scenarios with transparency, conviction and passion to non-specialists.
• You will have strong skills in drafting, interpreting information, partner management and leadership.
• You appreciate the political context and have ideas about strategies for ensuring the best value for Government and UK electricity consumers.
• You have good judgement and can analyse and present evidence and knowledge to provide accurate, expert and professional advice.
• You can build and maintain positive, professional and trusting working relationships with a wide range of people. You work collaboratively, share information and build encouraging, responsive relationships with colleagues. You act honestly and with integrity.
• You are passionate about achieving goals in a timely and upbeat manner. You take ownership for quality outcomes. You are keen to build a strong performance culture in the team around you.Behaviours
We'll assess you against these behaviours during the selection process:
- Communicating and Influencing
- Working Together
- Making Effective Decisions
- Delivering at Pace
- Seeing the Big Picture
BEIS offers a competitive mix of benefits including:
• A culture of flexible working, such as job sharing, home working and compressed hours.
• Automatic enrolment into the Civil Service Pension Scheme.
• A minimum of 25 days of paid annual leave, increasing by 1 day per year up to a maximum of 30.
• An extensive range of learning & professional development opportunities, which all staff are actively encouraged to pursue.
• Access to a range of retail, travel and lifestyle employee discounts.
• A hybrid office/home based working model where staff will spend a norm of 40-60% of their time in the office (minimum of 40%) over a month with flex dependent on balancing business and individual need (from September 2021, depending on how the public health guidance evolves).Things you need to knowSecurity
Successful candidates must pass a disclosure and barring security check.
People working with government assets must complete basic personnel security standard checks.Selection process details
This vacancy is using Success Profiles , and will assess your Behaviours and Experience.
As part of the application process you will be asked to complete a CV. Further details around what this will entail are listed on the application form.
Please note - the CV is for information purposes only and will not be scored.
Applications will be sifted on behavioural statements.
In the event of a large number of applicants, applications will be sifted on the lead behaviour (Communicating and Influencing). Candidates who pass the initial sift may be progressed to a full sift, or progressed straight to assessment/interview.
The interview will consist of behaviour questions. Expected Timeline
subject to change
Sift Dates: to be confirmed.
Interview dates: w/c 27th September 2021
Interview will be held using Microsoft Teams.
Candidates are asked to note the above timetable, exercising flexibility through the recruitment and selection process. Reasonable Adjustment
If a person with disabilities is put at a substantial disadvantage compared to a non-disabled person, we have a duty to make reasonable changes to our processes.
If you need a change to be made so that you can make your application, you should:
• Contact Government Recruitment Service via [email protected]
as soon as possible before the closing date to discuss your needs.
• Complete the "Assistance required" section in the "Additional requirements" page of your application form to tell us what changes or help you might need further on in the recruitment process. For instance, you may need wheelchair access at interview, or if you're deaf, a Language Service Professional. Further Information
This post is advertised as a Fixed Term or Loan contract for a period of 9 months.
Existing Civil Servants and applicants from accredited NDPBs are eligible to apply, but will only be considered on loan basis (Civil Servants) or secondment (accredited NDPBs). Prior agreement to be released on a loan basis must be obtained before commencing the application process. In the case of Civil Servants, the terms of the loan will be agreed between the home and host department and the Civil Servant. This includes grade on return.
If you are experiencing accessibility problems with any attachments on this advert, please contact the email address in the 'Contact point for applicants' section.
If successful and transferring from another Government Department a criminal record check may be carried out.
New entrants are expected to join on the minimum of the pay band.
Any move to the Department for Business, Energy and Industrial Strategy from another employer will mean you can no longer access childcare vouchers. This includes moves between government departments. You may however be eligible for other government schemes, including Tax Free Childcare. Determine your eligibility at https://www.childcarechoices.gov.uk
A reserve list will be held for a period of 12 months from which further appointments can be made.
Please note terms and conditions are attached. Please take time to read the document to determine how these may affect you.
BEIS does not normally offer full home working (i.e. working at home); but we do offer a variety of flexible working options (including occasionally working from home).
Please note that BEIS does not hold a licence to sponsor visa applications.
In order to process applications without delay, we will be sending a Criminal Record Check to Disclosure and Barring Service on your behalf. However, we recognise in exceptional circumstances some candidates will want to send their completed forms directly. If you will be doing this, please advise Government Recruitment Service of your intention by emailing [email protected]
stating the job reference number in the subject heading.
Applicants who are successful at interview will be, as part of pre-employment screening, subject to a check on the Internal Fraud Database (IFD). This check will provide information about employees who have been dismissed for fraud or dishonesty offences. This check also applies to employees who resign or otherwise leave before being dismissed for fraud or dishonesty had their employment continued. Any applicant's details held on the IFD will be refused employment.
A candidate is not eligible to apply for a role within the Civil Service if the application is made within a 5 year period following a dismissal for carrying out internal fraud against government. Feedback
Feedback will only be provided if you attend an interview or assessment.Nationality requirements
This job is broadly open to the following groups:
- UK nationals
- nationals of Commonwealth countries who have the right to work in the UK
- nationals of the Republic of Ireland
- nationals from the EU, EEA or Switzerland with settled or pre-settled status or who apply for either status by the deadline of the European Union Settlement Scheme (EUSS)
- relevant EU, EEA, Swiss or Turkish nationals working in the Civil Service
- relevant EU, EEA, Swiss or Turkish nationals who have built up the right to work in the Civil Service
- certain family members of the relevant EU, EEA, Swiss or Turkish nationals
Further information on nationality requirements Working for the Civil Service
The Civil Service Code sets out the standards of behaviour expected of civil servants.
We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles .
The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.