Power & Utilities Associate Director - Competition Economics

Job description

The Team

KPMG’s Infrastructure Group in the UK consists of c200 professionals and is widely recognised as one of the world’s leading independent financial and business advisers in infrastructure.

We provide in-depth advice on the strategic, financial, regulatory and commercial issues driving investments in infrastructure across a range of industries in the UK and internationally. Our work includes market and policy design, economic analysis, deal structuring and execution, as well as strategic and transaction advice. We are widely recognised by many industry stakeholders as one of the most innovative advisors influencing the future of the sector.

Our business is continuously expanding, and we are looking for high quality candidates to support expansion of our economic capabilities, with a particular focus on competition economics. While the role will sit within the Infrastructure Group, we do not expect it to be limited to these sectors, but to works across all sectors to support organisations and their legal counsel in high-stakes situations where robust economic evidence is required, such as antitrust and regulatory engagement.

The Role

We are looking for a highly motivated individual to join our market-leading regulatory finance team as an Associate Director with a focus on competition economics. We are looking for an ambitious individual who would be excited to take a lead role in building our economics practice.

Our economics team is part of our well-established utilities regulatory consulting practice, so you will benefit from working closely with other professionals who frequently support us on our cases, including regulatory finance experts and econometricians. The projects you will advise on will be high profile and varied. In recent years we have advised on subsidy control, CMA re-determinations, risk analysis, major transactions and much more.

Responsibilities:

• Play a pivotal role in running projects and maintaining client relationships with minimal supervision from Directors and Partners.
• Ensure that client work is delivered to the highest standards in both content and form, managing client interactions, tracking budgets, and complying with the company’s risk processes.
• Lead project teams of 2-12 people, fostering a collaborative spirit and culture of respect. Maintain a positive attitude when the team is under pressure, supporting other team members.
• Play a key role in our sales efforts, building and maintaining effective relationships with key clients across the sector, as well as with other advisors. Identify and act on new opportunities with both new and existing clients.
• Be involved in the wider management and development of the P&U Regulatory Finance team, including contributions to recruitment, performance appraisal, mentoring and thought leadership.

The Person

Qualifications and skills:

• MA/MSc/MPhil or above in Economics, PhD desirable, preferably with a focus on competition, microeconomics or applied econometrics.
• Significant experience working as an economist in either a consulting firm, regulator, regulated firm or government department.
• Demonstrable expertise in competition economics.
• Experience in managing economic analysis for large projects, including management of teams, resources and junior colleagues.
• Experience of explaining complex economics clearly and applying economic concepts and techniques to real world situations. Excellent report writing and Powerpoint skills.
• Comfortable and experienced in an external facing role and in presenting to clients
• An independent thinker with the ability to identify problems and contribute to the development of solutions, helping us to remain at the cutting edge of innovative thinking in the sector
• Experience in developing new business is highly desirable.
• A good understanding of the UK utilities markets and the regulatory regimes that govern them is desirable.
• Significant experience and/or qualifications in quantitative techniques/econometrics and the handling of large datasets is desirable.
• Knowledge of programming languages such as R, Stata or others is desirable.

Why Deal Advisory at KPMG?

We partner with our clients to give them the confidence to make key decisions for their business. It’s all about blending our deep sector expertise with our execution skills. Whilst we operate within a robust framework, we’ll ensure you have the autonomy you need to shape the strategies behind our clients’ decisions and help influence their successes.

We’re looking for people with an entrepreneurial spirit and a collaborative mentality. You’ll be keen to share ideas and build relationships with internal teams and external stakeholders alike. You’ll also welcome different perspectives and be happy to share your own. This is your opportunity to become one of our trusted advisors and to have the resources you need to achieve everything you want in your career.

A final word from us…

Everybody likes to say they’re different... but we really think we are.

We’re hugely proud of what we’ve managed to achieve so far, but we’re only just getting started. We’re looking for people to grow with us and are committed to helping everybody reach their destination, regardless of what that is.   

Should you choose to join us, you can expect an attractive benefits package, which typically includes:

• Financial
• A competitive salary
• Pension options
• Bonus scheme that reflects firm and individual performance
• Rail and Oyster Card reimbursement
• Staff discounts
• Access to preferential banking
• Lifestyle
• 25 days holiday, with the option to buy up to an extra 10 days, plus an additional day of leave for your birthday
• Competitive maternity and paternity leave
• 6 days of work time each year for volunteering
• Daily lunch allowance
• Flextra – a flexible benefits scheme that allows you to choose benefits for you and your family, such as, travel insurance, critical illness insurance, dental insurance and discounted gym memberships
• Health and Wellbeing
• Private medical insurance
• Personal accident insurance
• Life assurance of 4 x salary with the option to increase this via flexible benefits scheme
• Access to private, remote GP appointments anytime and anywhere via a smartphone
• Online health risk questionnaire
• BeWell employee assistance programme for confidential information, advice, or counselling for life’s daily challenges
• Group Income Protection

No matter what skills you bring to our team, you’ll be surrounded by spirited, naturally curious people. People who want to learn from you, and who’ll also teach you a thing or two along the way. It’s how we make a collective impact, greater than the sum of its parts.

And if this isn’t the role for you but you like what you see, keep in touch. There will be other opportunities to join us.

For more details about a career at KPMG, visit: www.kpmgcareers.co.uk