Head of Market Compliance

Head of Market Compliance

Permanent, Full-time

Location: London, Selby or Ipswich

Closing Date: 22nd June

Due to continued growth, we’re looking for a Head of Market
Compliance to join our Regulation & Compliance department here at Drax.

As the Head of Market Compliance, you’ll be responsible for
Drax’s second line of defence (2LoD) in relation to physical, financial and GB customer
energy market related compliance, ensuring we remain in line with our UK and,
where applicable, EU regulatory requirements.

Reporting to the Group Regulation & Compliance Director,
you’ll play an integral role in leading the development and continual
improvement of policy and assurance processes to help support the delivery of
Drax’s strategy, as well as helping to shape a progressive compliance culture
across the organisation.

 

Who we are:
We’re not just talking about making a difference, we’re
making it happen. We generate dispatchable, renewable power and create stable
energy in an uncertain world. Building on our proud heritage, we have ambition
to become the global leader in sustainable biomass and carbon removals.

You’ll be joining our teams of practical doers, future
thinkers and business champions. We’re enabling a zero carbon, lower cost
energy future for all, and working hard to decarbonise the planet for
generations to come.

 

About the role:  
As the Head of Market Compliance, you’ll be responsible for
developing a multi-year compliance strategy covering all GB energy market
related activities, maintaining our licence to operate whilst preparing the
business for expansion into new technologies and markets.

 

Key accountabilities include: 

Support the development of Drax’s growth strategy, including the FlexGen portfolio, the future of Drax Power Station and the development of energy services offerings (e.g. asset management, EV fleet management, SMART/MHHS readiness, NESO/DSO service provision, etc.).

Ensure the team provides effective, consistent advice, guidance, training and assurance on existing and forthcoming obligations within the GB energy market regulatory landscape.

Develop and continually improve internal market policy framework (wholesale and retail), in line with latest guidance and regulatory/policy changes, working closely with the Regulation and Policy teams.

Lead compliance risk evaluation activities and develop appropriate mitigation strategies, keeping senior leaders informed (across multiple disciplines) and taking a lead in proactive/collaborative risk mitigation.

Lead internal investigations and associated regulatory interactions (traded market, customer fraud, consumer impact, etc.) across wholesale and retail

Represent Drax and build relationships at external events, including trade body committees and forums.

Who we’re looking for:  
To be successful in this role you’ll ideally have…   

Excellent working knowledge of compliance programme development and improvement within Energy, Power, Utility or related sectors.

In-depth knowledge of UK and EU market regulatory requirements – ideally wholesale and retail.

Proven experience of representing multi-discipline teams at senior leadership meetings and committees.

Ability to manage multiple conflicting priorities whilst driving strategic change.

Ability to communicate across a wide range of stakeholders across a corporate organisation.

Rewards and benefits:  
As you help us to shape the future, we’ve shaped our rewards and benefits to
help you thrive and support your lifestyle. If successful in this role, you’ll
get:   

PSP
bonus plan

A
discretionary bonus depending on company performance

Private
Healthcare 

SAYE
(Sharesave): discretionary scheme from time to time 

Personal
accident cover 

Group
personal pension plan where we’ll contribute up to 10%  

Holiday
- 25 days plus bank holidays  

Reimbursement
of the cost of your annual membership of one relevant and appropriate
professional body 

We’re committed to making a tangible impact on the climate
challenge we all face. Drax is where your individual purpose can work alongside
your career drive. We work as part of a team that shares a passion for doing
what’s right for the future. With Drax you can shape your career and a future
for generations to come.

Together, we make it happen.

 
At Drax, we’re committed to fostering an environment where
everyone feels valued and respected, regardless of their role. To make this a
reality, we actively work to better represent the communities we operate in,
foster inclusion, and establish fair processes. Through these actions, we build
the trust needed for all colleagues at Drax to contribute their perspectives
and talents, no matter their background.

 

How to apply:  

Think this role’s for you? Click the ‘apply now’ button to begin your Drax
journey.

If you want to find out more about Drax, check out
our LinkedIn page to see our latest news.

 

We understand that you may have some additional questions
about the role. If you’d like to have a confidential chat to discuss the role
in more detail, please email (email address removed)