Principal Economist in West End of London - Ofcom

Job Overview

Location
West End of London, England
Job Type
Full Time
Salary
TBC
Date Posted
7 days ago

Additional Details

Job ID
12740008
Job Views
1

Job Description


Closing Date:
27/05/2022
Group:
Economics Group
Management Level:
Principal
Job Type:
Permanent
Job Description:

Ofcom is the regulator for the communications services that we use and rely on each day.

We make sure people get the best from their broadband, home phone and mobile services, as well as keeping an eye on TV and radio.

We also oversee the universal postal service, look after the airwaves used by wireless devices, and also help to make sure people don’t get scammed and are protected from bad practices.

We have recently taken on the regulation of video-sharing platforms, and we are preparing for a role in protecting people from online harms.

Protecting consumers is at the heart of what we do.

Our culture is clear - we live by our values: Empowerment; Excellence; Collaboration; Agility and Respect. These define how we work to deliver our purpose, now and in the future. The behaviours which support these values set the path for a fully inclusive and innovative culture at Ofcom.

We focus not only on what we do, but how we do it. We pride ourselves on being an organisation of people who genuinely care about helping others.

The Economics Group

We provide the economic analysis that underpins everything Ofcom does to improve communications services for people and businesses. We help shape policy based on insights from economic theory and empirical research and strive to be thought leaders in how we apply economics to benefit UK consumers and citizens in communication matters.

We work across a wide range of challenging questions, and the fast-paced nature of the markets we oversee means our role is ever-changing. Ofcom has one of the largest competition and regulatory economics and finance teams in the UK, with more than 80 colleagues working on issues across the sectors we regulate.

Please Note: This role could be based in either London, Edinburgh or Manchester.

Requirements of the Role

As a Principal, and senior member within the team, you’ll lead teams of economists that are integral to Ofcom projects. Some Principals are technical specialists.


You’ll provide high-quality economic analysis, including anticipating and considering counter-arguments or different points of view and providing the overall direction for analysis and the strategic approach on projects.


You’ll be confident in managing other economists, a number of projects, workstreams and resources concurrently.


You’ll potentially be exposed to large data sets, spreadsheets, econometric models and be able to interpret these accordingly.


You’ll produce clear, well-reasoned drafts of documents, including those that will be published.


You’ll communicate economic issues convincingly when attending team meetings, governance meetings and meetings with our stakeholders.


You’ll be integral to the leadership, motivation and development of the Economics Team, together with your fellow Principals and Directors.

Skills, knowledge and experience

You’ll have a strong grounding in microeconomics and, typically, you’d have training in one or more of the following: industrial organisation, public economics, behavioural economics, econometrics or financial economics.


You’ll have significant experience of applying competition and regulatory economics and we welcome candidates with an academic and/or working background in microeconomics, competition economics, regulatory economics, behavioural economics, economics of online platforms, or auction design.


You’ll be able be demonstrate that you have an ability to apply economic concepts to real world situations. This could have been gained through working at a consultancy, another regulator, competition authority or government agency/department, or a regulated company.


You’ll be a great communicator and have the ability to work collaboratively within a team environment. You’ll be able to apply economic concepts to unfamiliar situations and you’ll be capable of communicating and simplifying these concepts effectively, both orally and in writing.


You’ll be well adept with project management and be able to effectively plan and organise economics analysis, including identifying work streams and coordinating resources efficiently. You’ll use thought leadership and be able to use new and creative approaches and frameworks.


You’ll have experience of, or demonstrate the aptitude for, coaching and mentoring less senior colleagues to get the best out of your team.


You’ll have good quantitative skills and be able to interpret information, with good attention to detail. Experience in econometrics and machine learning is desirable, but not essential.

Qualifications

A degree in economics and/or a post-graduate qualification (MSc or a PhD).

Ofcom is a forward-thinking, inclusive employer and recognises the value of diversity to truly “make communications work for everyone”. Here at Ofcom, our vision is to ensure people are part of an environment when they can truly strive and be themselves, therefore we aim to recruit from the widest pool of candidates possible – irrespective of social background, ethnicity, sexual orientation, gender or disability. We are an organisation that strives to be truly representative of the whole of the UK and our aim is to be an employer of choice for everyone.

We champion flexible working and so wherever possible we support flexible working patterns including job shares.

As a Disability Confident employer, we guarantee to interview disabled applicants who meets the minimum selection criteria of the role as outlined in the job specification, if applicants would like to be considered under this scheme. We pride ourselves on ensuring all candidates are treated fairly throughout the application and selection process including making our process as accessible as possible. You can find more information on the scheme here.

Should you require any adjustments to be made, please do contact us directly at ofcomresourcing@omnirms.com

Summary
Location: London; Manchester; Edinburgh
Type: Full time

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