Senior Financial Supervisor

Job summary

Ofgem is at the forefront of the fight to strengthen Britain’s energy market and protect consumers from financial instability, driving bold action to ensure a resilient and investable retail sector. We’re looking for a Senior Financial Supervisor to join our Financial Supervision team and help shape a greener, fairer and more financially robust energy system.

Ofgem is Great Britain’s independent energy regulator. We’re at the forefront of change across the energy sector, driving toward Net Zero whilst protecting energy consumers, especially vulnerable people.

We’re offering a permanent opportunity within our Financial Resilience and Controls Directorate at a pivotal time for the energy market. You’ll join a dynamic and friendly team that plays a central role in strengthening supplier resilience, helping to ensure risks are appropriately managed and that consumers are protected from the impact of supplier failure. This is a high-profile role with direct engagement across the sector and influence over how financial risks are understood and addressed.

You’ll work across finance, risk and regulation, contributing to the supervision of energy suppliers and supporting the development of a resilient, competitive and investable retail market. Through close engagement with regulated companies and collaboration across Ofgem, you’ll help form evidence-based judgements that inform decision-making and shape market outcomes.

We’re looking for someone with a strong background in finance, insolvency or risk management, who brings robust analytical capability and sound judgement. You’ll be confident working with complex financial data, influencing stakeholders, and communicating technical insights clearly to a range of audiences. A recognised finance qualification or relevant commercial experience is essential.

In return, you’ll join an inclusive organisation that values expertise, collaboration and continuous improvement. You’ll benefit from flexible working arrangements, generous civil service pension and leave entitlements, and the opportunity to work in a mission-led environment where your contribution directly supports consumer protection and market stability.

We have a critical purpose to foster financial resilience across the energy retail market, ensuring a better balance of risks between suppliers and consumers and reducing the likelihood and cost of widespread failures. In this role, you’ll help drive that resilience, supporting sustainable competition, protecting consumers and enabling the market conditions needed to deliver Net Zero.

Read on and find out more.

Job description

➢ This role is for a Senior Financial Supervisor in the Financial Supervision team.

➢ It will sit in the Financial Resilience & Controls division that focuses on fostering financial resilience and undertakes supervision of domestic and non-domestic energy suppliers, and as part of Ofgem’s Analysis Profession.

➢ In our division, we have supervisors dedicated to the direct supervision of each UK licensed supplier. In addition, specialised supervisors may have particular areas of expertise and support all supervisors in carrying out in-depth analysis and evaluation in such areas.

You will be someone who:

• Has a proven background in finance, insolvency or risk management.
• You will be able to demonstrate delivery of positive change for consumers, communities, or society in a role across: regulation and enforcement, compliance, risk management, strategy, operational delivery or policy development.
• Enjoys developing new skills, capabilities and expertise and being engaged across a broad range of diverse activities, including stakeholder engagement, analysis, policy development and project management.
• Is interested in the energy sector in the broad sense, passionate about ensuring good outcomes for current and future consumers, protecting consumers, and eager to help drive Ofgem’s contribution to delivering Net Zero.
• Champions our culture of inclusion and encourages, supports, and celebrates the diverse voices and experiences of our colleagues, fuelling our innovation and ensuring we best represent the consumers and the communities we serve.

Person specification

Essential Criteria

• Have a recognised finance qualification, e.g. CCAB, CFA, MSc Finance or have relevant financial or commercial experience. Candidates should have a background in finance, insolvency, risk management, corporate finance, financial supervision, or related, and be able to demonstrate a record of high performance and substantial achievements in past positions (Lead Criteria).
• Great quantitative and qualitative analytical skills, along with a proven record of high performance and achievements in past positions.
• Contribute to complex projects and financial data tasks under minimal supervision, and independently deliver smaller projects or workstreams, ensuring all outputs are produced to a high standard and on time.
• Proven experience of working with internal stakeholders and influencing outcomes, with extensive experience of collaboratively within a diverse team.
• Excellent written and verbal communication skills to communicate effectively complex data and analysis to non-expert audiences with the ability to build effective relationships and successfully influence and challenge external stakeholders.

Behaviours

We'll assess you against these behaviours during the selection process:

• Delivering at Pace
• Managing a Quality Service
• Seeing the Big Picture

Technical skills

We'll assess you against these technical skills during the selection process:

• You will be required to conduct a 5 minute presentation on a topic related to financial resilience in the interview. Further details will be disclosed at interview stage.

Benefits

Alongside your salary of £47,895, OFGEM contributes £13,875 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; hybrid working (currently 1 day a week in the office but this is kept under review), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.

Things you need to know

Artificial intelligence

Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance (opens in a new window) for more information on appropriate and inappropriate use.

Selection process details

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Experience and Technical skills.

When you press the ‘Apply now’ button, you will be asked to complete personal details (not seen by the sift panel) and upload a copy of your CV anonymising all details where necessary.

You will then be asked to provide a 1250 word ‘personal statement’ evidencing how you meet the essential skills and capabilities listed in the role profile. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the criteria listed in the role profile.

The personal information we have collected from you will be shared with Cifas who will use it to prevent fraud, other unlawful or dishonest conduct, malpractice, and other seriously improper conduct. If any of these are detected, you could be refused certain services or employment. Your personal information will also be used to verify your identity. Further details of how your information will be used by us and Cifas, and your data protection rights, can be found by [https://www.cifas.org.uk/fpn].

Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must undergo a criminal record check.People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

Working for the Civil Service

The Civil Service Code (opens in a new window) 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 (opens in a new window).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.The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.

Diversity and Inclusion

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see theCivil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window).

Apply and further information

This vacancy is part of the Great Place to Work for Veterans (opens in a new window) initiative.The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window).Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.

Contact point for applicants

Job contact :

• Name : Lewis Buckley
• Email : recruitment@ofgem.gov.uk

Recruitment team

• Email : recruitment@ofgem.gov.uk

Further information

Appointment to the Civil Service is governed by the Civil Service Commission’s Recruitment Principles. You have the right to complain if you feel there has been a breach of these Recruitment Principles.

In the first instance, you should raise the matter directly via recruitment@ofgem.gov.uk. If you are not satisfied with the response, you may bring your complaint to the Commission. For further information on bringing a complaint to the Civil Service Commission, please visit their website.

Attachments

Senior Financial Supervisor, Role Profile Opens in new window (pdf, 134kB)Senior Financial Supervisor, Candidate Pack Opens in new window (pdf, 696kB)Terms and Conditions April 2025 Opens in new window (pdf, 366kB)