Head of Corporate Finance

We have partnered with Michael Page to recruit for this role. To apply, please visit Head of Corporate Finance - JN-102026-7134707 , Michael Page

The Office of Rail and Road (ORR) is the independent economic and safety regulator for Britain’s railways and monitor of performance on England’s strategic road network.

This is an exciting time to join ORR, we are delivering a significant transformation programme to create a consistently agile and enabling organisation, with the right capability and a strong, inclusive culture that reflects our talented people. This will ensure we continue to operate as an independent, expert regulator, fit for the future and equipped with the capabilities and ways of working required to support sector-wide reforms in rail and highways, while contributing to the government’s broader agenda on regulatory reform and economic growth.

This Head of Corporate Finance will lead on corporate finance matters relating to ORR's economic regulation of the Lower Thames Crossing. The job holder will play a critical role in helping influence the design of the economic regime in particular in relation to financing. You will:

• Lead on corporate finance matters for the ORR, for example on the financial structure for Lower Thames Crossing company (including debt and equity structure), financial resilience, financial incentives, use of hedging/derivatives and Weighted Average Cost of Capital matters, working with external corporate finance advisers as appropriate.
• Develop ORR's wider corporate finance strategy, including engagement with rating agencies and beyond.
• Represent the ORR externally at Lower Thames Crossing working group discussions on corporate finance matters.
• Work with the Government's transaction advisors for the project on the financial transaction as required.
• Work with the banking advisors for the project on LTC Co credit ratings.
• Undertake annual financial resilience monitoring for Lower Thames Crossing.
• Engage on cost of capital issues on an on-going basis as required.
• With support from the regulatory finance team, provide advice on and undertake financial modelling for the ORR (e.g. scenario planning and reconciliation models as necessary)
• Advise the wider team on corporate and regulatory finance matters as necessary.

We have partnered with Michael Page to recruit for this role. To apply, please visit Head of Corporate Finance - JN-102026-7134707 , Michael Page. To arrange a confidential discussion, please contact Kas Rothwell at kasrothwell@michaelpage.co.uk or +44 20 7269 2494 quoting job reference JN-102026-7134707.

Degree in a Finance, Accounting or Economics (or a related numerical degree), or equivalent finance / accountancy qualification.

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Experience and Technical skills.

For information on the selection process, please see the attached Candidate Information Pack and Job Description.

Feedback will only be provided if you attend an interview or assessment.