Interim Economist Support

The successful candidate will be responsible for contributing to specific projects within one of the work streams of Water 2020.

Key responsibilities within the programme

The successful candidate could be responsible for contributing to specific projects such as:

 Supporting the identification of where upstream competition could be introduced to deliver customer benefits and determining how competition can most effectively be introduced.

 Providing an assessment of the benefits and risks associated with any changes proposed.

 Contributing to the design of new access pricing arrangements to support any market arrangements.

 Contributing to the risk and reward work stream – which is looking at how we can ensure that companies are incentivised to deliver customer value and at the same time are fairly rewarded for past and future investments. This will require issues such as RCV allocation and indexation (RPI vs CPI) to be addressed.

Corporate Responsibilities

Leadership

• To provide visible leadership and act as a positive role model at all times.

• To communicate clearly, persuasively and effectively both within & beyond Ofwat.

• To promote a continuous drive for learning, performance, quality and innovation to ensure continuous improvement in performance, value for money and quality of services for customers.

• To be responsible for creating a climate which encourages team working and motivating individuals to contribute and achieve their full potential.

• To lead and innovate in relation to the efficient and effective use of all financial and non-financial resources across the work stream; specifically by:

 delivering excellence through effective delegation, communication, workforce planning and inter-department working.

 being accountable for planning, monitoring and managing the budget for the work-stream to achieve financial and performance targets; ensuring that budgets are aligned to the strategic objectives of Ofwat and demonstrate value for money at all times.

• To be responsible for creating a climate which encourages team working, and for leading, empowering and motivating individuals to achieve and contribute their full potential.