|No. of posts:||1|
|Vacancy Reference Number:||OGA100|
|Location:||London or Aberdeen|
|Travel to other locations with UK?||
|Appointment Term||Full time|
|Level of Security clearance||Basic|
Unless otherwise stated consideration will be given to requests to work on a part time or job share basis. Flexible working hours can also be considered.
|Closing date for applications:||31 May 2019|
Brief overview of role
Key to achieving the OGA’s objective of MER UK is promoting the UKCS as an attractive investment proposition to investors. This role is within the Investor Finance Team that sits in the OGA’s Regulation Directorate and will focus on engagement with a variety of different stakeholders interested in the UKCS; from new and existing investors, to those investing from an equity or debt perspective, and investors based here in the UK or internationally.
The OGA is looking for a high-calibre candidate to fill this post. This is an exciting opportunity to be involved at the forefront of the work the Authority does, and use your analytical skills and industry knowledge to play a role in shaping the investment that we will see on the basin in years to come.
Detailed job description and key responsibilities
The team works in a fast paced environment, which sometimes means responding to new priorities, however, the key aspects of the role will include:
- Investor Relations – Promote the UKCS as an attractive investment destination to existing and new investors. It will involve identifying barriers and misconceptions to investment, and working with the wider OGA and interested Government Departments (predominately BEIS and HMT) on mitigating these barriers and debunking the misconceptions. The nature of this work will mean that the job holder will have the opportunity to help shape priority areas for focus and will be responsible for developing material to support the OGA in this work.
- Financial briefing and analysis – Provide financial briefing for Senior Leadership Team meetings with E&P companies and investors, as part of the OGA’s Asset Stewardship Reviews and day to day engagement with the sector. Prepare financial analysis of the UKCS that can be used by the OGA at external events to promote the UKCS as an investment destination, and internally to inform decisions and work undertaken by the Authority.
- OGA Priorities – The work of the Investor Finance Team is important to all the work the OGA does, and as a result the Team supports activities across the organisation. Present areas of focus are supporting OGA Area Plans, Asset Stewardship meetings, the work the OGA is doing to revitalise exploration, Vision 2035, work on providing certainty and reducing decommissioning costs, and the energy transition. This list is by no means exhaustive, but the job holder will be expected to provide support and analysis to further these and other priorities as and when they arise.
- International Engagements – Conduct analysis of where current UKCS investment comes from and identify new target markets in order to influence OGA work internationally. Once key markets are identified support work to maintain relationships with FCO, DIT and SDI staff in country to ensure they have up to date data and information about the UKCS to share with their contacts, and support the planning and briefing for business development trips.
- Commercial models – New commercial models are required to maximise economic recovery from the UKCS and the Investor Finance Team is heavily involved in this work. The job holder will be required to provide analysis and support to this work to ensure the OGA understands what models are best applicable to the UKCS and what is necessary to take them forward.
- Competence 1: Making Effective Decisions - Effectiveness in this area is about being objective; using sound judgement, evidence and knowledge to provide accurate, expert and professional advice. For all staff, it means showing clarity of thought, setting priorities, analysing and using evidence to evaluate options before arriving at well-reasoned, justifiable decisions.
- Competence 2: Collaborating and Partnering - People skilled in this area create and maintain positive, professional and trusting working relationships with a wide range of people within and outside the OGA to help get business done. At all levels, it requires working collaboratively, sharing information and building supportive, responsive relationships with colleagues and stakeholders, whilst having the confidence to challenge assumptions.
- Competence 3: Seeing the bigger picture - Seeing the big picture is about having an in-depth understanding and knowledge of how your role fits with and supports organisational objectives and the wider public needs. For all staff, it is about focusing your contribution on the activities which will meet OGA goals and deliver the greatest value.
- Competence 4: Delivering at Pace - Effectiveness in this area means focusing on delivering timely performance with energy and taking responsibility and accountability for quality outcomes. For all staff, it is about working to agreed goals and activities and dealing with challenges in a responsive and constructive way.
Specialist Skills, Qualifications, Experience, Licenses, Memberships or Language
|A degree – ideally in either law or a business related subject.
Good analytical skills.
Understanding of the oil and gas or finance sector.
|Understanding of how the OGA work
Working with banks and funds in the oil and gas sector.
Knowledge of M&A in the oil and gas sector.
Working within a Regulatory environment and engaging with Government.
Commercial experience in the oil and gas industry.
Proficient use of WoodMac, Thomson Reuters and other similar databases.
Application Process and Further Information
Unfortunately you do not meet minimum nationality and educational requirements of this position.
Completed applications will only be accepted via the online application process below, however, if you do require the application form in a different format please contact us at OGArecruitment@ogauthority.co.uk quoting the recruitment reference number and job title.
You should provide examples in your covering letter that best demonstrate your skills and abilities against the competencies and specialist skills. The maximum word count against each competence example is 250 words. The information you provide will be assessed during the short listing stage and if you are invited to attend an interview, the indicated competence areas will discussed further.
When completing your application, you should use the STAR format (Situation, Task, Action and Result) methodology for each competence. All appointments are subject to successful completion of pre-employment checksApply online
Inclusion and Diversity statement
The OGA is committed to embedding equality and diversity into all our policies and processes. We will aim to recruit, retain and promote staff on the basis of competence and regardless of characteristics including those listed under the Equality Act 2010. These protected characteristics are; age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion and belief, sex and sexual orientation.
The OGA is an accredited Disability Confident Committed employer. We have also been awarded silver accreditation for the Gender Diversity Benchmark through Business in the Community, The Prince’s Responsible Business Network. In addition, we are signed up to their Race at Work Charter and implement its five principles.