EconomistJobsGoPublic
Job summary
The Office of Rail and Road (ORR) is the independent economic and safety regulator for Britain’s railways and monitor of performance on England’s strategic road network.
This is an exciting time to join ORR. We are delivering a significant transformation programme to create a consistently agile and enabling organisation, with the right capability and a strong, inclusive culture that reflects our talented people. This will ensure we continue to operate as an independent, expert regulator, fit for the future and equipped with the capabilities and ways of working required to support sector-wide rail reform, while contributing to the government’s broader agenda on regulatory reform and economic growth. Further detail on our future role is set out here.
Job description
The Regulatory Finance team is part of the EFM directorate and works closely with the Rail Economics team, which carries out economic analysis to develop rail policy. We monitor and report on financial matters and respond to requests for advice. Much of our current work focuses on Network Rail’s funding, financial performance, and delivery of efficiencies.
The rail industry is now preparing for significant change, with Great British Railways (GBR) being established to take on unified responsibility for infrastructure currently owned by Network Rail, as well as passenger services currently commissioned by the Department for Transport. As outlined in the Government’s Railways Bill, GBR will oversee day‑to‑day operational delivery, including service provision, timetabling, network access, and the operations, maintenance and renewal of infrastructure. ORR will have a key role in monitoring, investigating and reporting on GBR’s operational and financial performance.
As an Economist, you will support the Regulatory Finance and Rail Economics teams in delivering high-quality economic analysis that influences decision-making and policy development in UK rail regulation. This role offers an exciting opportunity to develop your skills and gain experience in a dynamic and impactful environment.
Person specification
For key responsibilities please see the attached job description.
Additional Information
At ORR, our hybrid working means that we currently work from our workplace location a minimum of 40% of our working week, although requirements to attend other offsite locations for official business, also count towards this level of attendance. Working arrangements are subject to continuous review.
Qualifications
Degree in economics, finance or a discipline with a substantial quantitative component, or equivalent professional experience.
Behaviours
We'll assess you against these behaviours during the selection process:
Making Effective Decisions
Communicating and Influencing
Working Together
Technical skills
We'll assess you against these technical skills during the selection process:
Analysis of data: highly numerate and comfortable working with data and spreadsheets.
Benefits
A Civil Service Pension with employer contribution of 28.97%
Details of our employee benefits can be found in the attached Candidate Information Pack.
Find out what our colleagues have to say about their ORR careers Our people Office of Rail and Road (orr.gov.uk).
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.For information on the selection process, please see the attached Candidate Information Pack and Job Description.
Feedback will only be provided if you attend an interview or assessment.
Security
Successful candidates must undergo a basic (or equivalent) 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.
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.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 : Ash Loakes
Email : [email protected]
Recruitment team
Email : [email protected]
Further information
If you feel your application has not been treated in accordance with the Recruitment Principles and you wish to make a complaint, in the first instance, you should contact ORR via email: [email protected] If you are not satisfied with the response you receive from the Department, you can contact the Civil Service Commission: Visit the Civil Service Commission website here: https://civilservicecommission.independent.gov.uk/recruitment/recruitme…
Attachments
Economist Job Description Opens in new window (pdf, 201kB)ORR Job Information Pack Opens in new window (pdf, 1954kB)