REGULATION SPECIALIST

Location: United Arab Emirates, United Arab Emirates
Date Posted: 18-03-2019
Job Scope:
Responsible for providing regulatory expertise and guidance across the organization to ensure compliance with CLIENT’s License. This includes quantifying the impact of any regulatory change on CLIENT’s role as single-buyer, as well as representing CLIENT during regulatory consultations with principal sector stakeholders.
 
 
Job Responsibilities:
Regulatory Compliance
  • Monitoring organisational regulatory compliance with Law Number 2 of 1998 and CLIENT’s License
  • Contributing to regulatory sector debates/discussions, seeking to guide, influence and inform the evolution of sector regulation
  • Anticipating and quantifying the impact of any regulatory change on CLIENT’s activities in coordination with Legal and Internal Control colleagues
  • Overseeing the development and submission of all regulatory requirements to the Regulation & Supervision Bureau (RSB)
  • Providing strategic support to senior management and CLIENT Group, advising on appropriate actions (if necessary) to address sector regulatory change
  • Developing regulation/ policy briefs for distribution across the organisation
  • Monitoring CLIENT’s implementation of updated processes and procedures designed to reflect regulatory sector change
  • Representing CLIENT during regulatory consultations with the Regulation and Supervision Bureau (RSB) and other relevant external sector stakeholders
  • Reviewing and challenging components of the Emirate’s regulatory framework (where necessary) to drive necessary change in coordination with the RSB
  • Drafting and coordinating CLIENT’s response in cases of regulatory disputes
  • Building and maintaining strategic relationships with the CLIENT Group and external stakeholders including the RSB, Energy Authority and other government policy bodies
  • Overseeing the submission of Separate Business Accounts (SBA) and Price Control Return (PCR) audits in coordination with Contract Management colleagues
  • Reviewing RSB Price Control Consultation process, Lessons Learned Report and Bulk Supply Tariff (BST) calculation in coordination with Tariffs and Settlements colleagues
  • Reviewing the Nuclear Charge Rate Audit as defined in the PPA with Barakah One
  • Providing ad hoc regulatory advice and guidance to all Directorate colleagues
 
Directorate Business Planning and Performance
  • Contributing to the development and achievement Directorate key performance indicators (KPIs) and targets
  • Providing regulatory coaching and support to colleagues
 
 
Job Requirements:
  • Bachelors’ Degree in a relevant field
  • Masters’ Degree in a relevant field is preferable
  • Minimum of 7 years of experience working in regulation or policy related role, preferably within the energy sector
  • In-depth knowledge of Abu Dhabi’s regulatory framework
  • Excellent stakeholder engagement and communication skills
  • Good understanding of the Gulf region and its unique regulatory requirements and constraints
  • English language is mandatory, Arabic speaking is an advantage
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