Regulatory Business Analyst

Hello! Thanks for stopping by. Let us tell you about all the great reasons to join us here at Yorkshire Water:

• We offer a competitive salary, depending on experience £41,679 - £52,099
• Annual incentive related bonus (£1000 maximum bonus opportunity for the performance year)
• Attractive pension scheme (up to 10% company contribution)
• Development opportunities in line with the Regulatory Business Analyst progression plan
• 25 days annual leave plus bank holidays - plus an extra wellness day!
• Life assurance cover of 4 times pensionable salary
• A great benefits package - choose from health cash plan scheme, critical illness insurance, dental insurance, life assurance flex and partner cover. 
• Retail savings scheme 
• Online GP service, cycle to work scheme, gym membership discounts and many more!

Location: Buttershaw / Hybrid Working ( 1-2 days office a week - Bradford)

Work type: Permanent. 37 hours per week, Monday - Friday.

We have an exciting opportunity for a Regulatory Business Analyst to join the Strategy & Regulation team at Yorkshire Water and be a part of helping Yorkshire Water to provide the best service to our customers. Could this be you?

What we do:

Everyone has an idea of what a water company does. Here in Yorkshire, we make sure that over 5.4 million people living in the region and the millions of people who visit our region each year, can rely on our services, and have clean and safe drinking water on tap and that their wastewater is taken away. But for us, it's so much more than this.

We look after communities, protect the environment, and plan to look after Yorkshire's water, today, tomorrow 24/7, 365 days a year. We provide essential water and wastewater services to every corner of the Yorkshire region, and play a key role in the region's health, wellbeing, and prosperity.

New environmental legislation, unprecedented levels of investment and changing expectations from customers means that this is an exciting time to discover opportunities within the water industry. Strategy & Regulation are a key part of how we plan to meet the changing expectations of customers and regulators. 

The purpose of the business analyst role is to provide analytical and strategic support to the business in regulatory activities. This role bridges the gap between business functions and regulatory requirements, ensuring compliance with legislative and regulatory standards.

A key part of the role will be carrying out analysis to support the production of submissions to the economic regulator and other external stakeholders. The most significant of these being our five-yearly price review.

The role also involves conducting comparative analysis on external industry data and other relevant utilities to offer strategic insights into the company's performance in areas such as expenditure, incentives, and finance. A key responsibility is to communicate these insights through high-standard reports suitable for Board level engagement and to produce Power BI dashboards for detailed information interrogation.

Additionally, the business analyst supports the wider Regulation Team with analytical and modelling activity when required. Reporting to the Economic Regulation Manager, the business analyst is part of a wide regulation team of economists, analysts, and project managers, contributing to a cross-functional teams to address regulatory challenges and shape the business's strategic direction.

Where you fit in:

As our Regulatory Business Analyst you will

• Complete modelling and analysis to support the production of submissions to the economic regulator and other external stakeholders
• Produce annual benchmarking analysis and Power BI dashboards using Annual Performance Reports (APRs). Compile information for comparative analysis and communicate findings.
• Present findings, projections, and recommended actions in formats suitable for various stakeholders, including senior management. Communicate regulatory requirements to business functions and support their implementation.
• Work with the business to understand organizational structures, processes, and systems changes required to meet new regulatory expectations. Manage multidisciplinary project teams and organize workshops and training sessions.
• Support the production of regulatory submissions to the economic regulator and other external stakeholders. Validate, verify, and quality assure regulatory data submissions.
• Contribute to virtual teams of cross-business experts to develop strategic analysis on key future regulatory and market developments. Assess market trends, regional dynamics, and competitor behaviours.
• Get data ready for use, specify how data should be cleansed and prepared, and bring data together from different sources. Peer-review colleagues' outputs to ensure quality.
• Keep abreast of wider business developments, including industry research projects and publications. Communicate with cross-functional working groups.
• Act as an ambassador for analytics and promote a data-driven culture within the department. Drive excellent standards and performance in health and safety, risk management, and control of work.

What skills & qualifications you will need:

• Degree in business or analytical field.
• Excellent analytical skills and an ability to communicate complex Information succinctly
• Excellent Excel and other analytical software experience
• Project Management skills
• Good interpersonal skills and can develop and maintain effective internal and external relationships, including with senior stakeholders.
• Ability to form and work collaboratively with virtual teams of experts and stakeholders, and within a matrix programme management environment.
• Dependable in working to tight internal and external deadlines.
• Able to influence and drive right culture and behaviours.
• Clearly demonstrates the Yorkshire Water company values and behaviours.

You will also benefit from having:

• Competence in the use of Microsoft Power BI
• Competence in statistical packages R, Stata or equivalent for data analysis.
• Experience and knowledge of regulatory frameworks and regulatory approaches used in UK.
• In depth knowledge of the issues facing the water sector
• Commercially astute and aware of the key regulatory and legal implications of competitive markets.
• Experience of matrix management

Although we operate 24 hours a day, 365 days a year, it's important to us that we support flexible working patterns and job share options (when we can), to help you make the best of both your work and home life. We know that juggling childcare responsibilities or getting that ideal work/life balance isn't always easy!

Do we sound like your cup of tea?

If you've got experience in Business Analytics and want to help us deliver great service for our customers whilst looking after the environment, then be sure to apply today to find out what a career with Yorkshire Water can offer you.

If successful for the role, you will be required to undergo pre-employment checks that will include a Basic Disclosure Check, carried out through a Third-Party Company, prior to commencing employment. Depending on the role, you may also be required to go through the security vetting process for either a Counter Terrorist Check or Security Check clearance.

All our roles are subject to a medical questionnaire, and further medicals when required.

We are committed to removing barriers and ensuring our recruitment process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.

If you have an accessibility need, disability, or condition that requires changes to the recruitment process, please include this information in your application. We will then discuss any reasonable adjustments required.

Kelda Group reserve the right to close this position before the published closing date, should the need occur. We therefore advise that you complete and submit your application as soon as possible.