Regulatory Reporting Business Partner

In Strategy and External Affairs we are responsible for shaping and embedding a strategy which delivers for our customers, communities and the environment. We manage relationships with key stakeholders, including regulators and policy makers, building trust to allow Thames Water to achieve its ambitions.

We are an energetic and vibrant team with plenty of opportunities to develop and challenge yourself, to get involved, learn and grow within the role. We are at the heart of a lot of changes within Thames Water and there is the possibility for plenty of exposure to a variety of areas in Thames Water.

This is an exciting role with an strong emphasis on regulatory compliance. You will provide expert support and oversight to relevant business functions in the production and provision of both regular and ad hoc reports to Thames Water external regulators. 

What you will be doing as Regulatory Reporting Business Partner

• Self-educating to become regulatory experts in the areas assigned to them.
• Acting as a proxy for our external regulators, Ofwat, the Environment Agency and Drinking Water Inspectorate, by specifying and providing expert support and advice to business units on what is required to meet Thames Water's external reporting requirements.
• Assisting in the preparation of regulatory compliance submissions, as necessary
• Interfacing between Thames Water and its external regulators on key matters of regulatory reporting so that overall reporting requirements are clear and met.
• Influencing both, internally and externally, such that regulatory outcomes are aligned with our corporate aims, objectives and transformation plan.
• Partnering with business functions to make sure that relevant price review reporting requirements are adopted to achieve appropriate outcomes.
• Acting as internal ‘client’ with relevant business functions to identify and resolve potential issues with ad-hoc and year-end reporting.
• Working with the providers of internal regulatory monthly reporting providers so that ‘in-year’ reporting risks are appropriately identified and resolved.

What you should bring to the role

• Excellent communication skills – including verbal, written and presenting to a group
• Strong Stakeholder management skills, including the ability to influence outcomes.
• Previous relevant experience in a regulated industry.
• Strong Excel and word skills. Sharepoint knowledge a benefit.
• Good prioritisation and organisation skills with the ability to meet deadlines and manage conflicting priorities.
• Quality focused, must be accurate and have attention to detail.
• Can do attitude and strong planning experience with a proven ability in pulling together different workstreams. 

What's in it for you?

• Competitive salary - £43,000 - £50,000 per annum depending on experience
• Annual Leave 26 days holiday per year increasing to 30 with the length of service (Plus bank holidays)
• Contributory pension – Defined Contribution - Maximum of 12% -2x employee contribution
• Personal Medical Assessments – Open to all once a year
• Wider benefits scheme including our benefits hub, which is packed full of offers and information to save you money and support your wellbeing

Who are we?
At Thames Water, our purpose is crystal clear - to deliver life’s essential service so our customers, communities and planet can thrive.

Water is life’s great leveller. Every living thing needs it, every single day. From people to plants, birds to bees, farms to factories, we all need it to thrive, and we’re committed to taking care of it for us all.

But keeping water flowing is becoming harder. From scorching summers to wetter winters, extreme weather affects everything from our pipes to our local rivers. We must keep millions more kettles boiling, public services operating, washing machines spinning, showers running and more, so every drop is more precious than ever. Are you ready to play your part?

Working at Thames Water
At Thames Water, we recognise that people are at the heart of our business. To help us succeed in providing life's essential service, we need a range of skills and capabilities, representative of society throughout our business.

We seek to attract and retain a cultural mix of people who can offer different but complementary attitudes, values, talents, and knowledge. We understand the importance of appreciating and harnessing the unique skills, experiences, backgrounds, and differences that each individual brings.

Our over-arching diversity and inclusion aim is to ensure Thames Water is a diverse and inclusive great place to work. We encourage applications from everyone and offer extra support for those who need it throughout the recruitment process.

Find out more about working at Thames Water.

When a crisis happens, we all rally around to support our customers. As part of Team Thames, you’ll have the opportunity to sign up to support our customers on the frontline as an ambassador. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business, meet colleagues and earn some extra money along the way.

Disclaimer: Due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.