About us
At National Grid, we keep people connected and society moving. But it's so much more than that. National Grid supplies us with the environment to make it happen. As we generate momentum in the energy transition for all, we don't plan on leaving any of our customers in the dark. So, join us as a Principal Analyst, Regulatory and Strategy and find your superpower.
National Grid is hiring a Principal Analyst, Regulatory Delivery & Strategyfor our Strategy and Regulation department in Waltham, MA or Northboro, MA.
Job Purpose
To lead assigned policy and regulatory initiatives, engaging with cross-functional teams and senior leadership on complex and challenging issues. This role is responsible for directing and conducting financial analysis, evaluating the business case for company initiatives, helping shape the development of regulatory strategy and policy positions, and supporting regulatory filings.
Key Accountabilities
* Provide insight to the business on key policy and regulatory topics, with a focus on performance-based regulation and other innovative regulatory frameworks, enablers of electric system modernization, transmission system planning and development, and offshore wind.
* Collaborate closely with cross-functional teams to assess industry developments, identify core issues and their strategic implications, and drive alignment on recommended courses of action.
* Direct and conduct analysis of how different ratemaking approaches would impact cost recovery, revenue timing and earnings.
* Keep internal stakeholders up to date and informed on pertinent cost of capital and return on equity issues.
* Provide technical, financial, and strategic input to advance energy policies, rate case strategies, business development efforts and other value creation initiatives within National Grid.
* Distill complex information into clear and concise insights for senior leadership (e.g., presentations, memos, reports) and external stakeholders (e.g., regulatory testimony and other filings).
* Manage internal working groups and external consultants supporting regulatory projects, particularly on performance-based regulation, cost of capital, capital structure, and earnings-related topics.
* Support the leadership, motivation and development of a professional team of analysts to ensure results are delivered in line with expectations and business objectives.
* Other related duties as assigned to support the Policy & Regulatory Strategy team.
Qualifications
* Bachelor's degree; MBA or graduate degree preferred.
* Significant experience (7-10+ years) in utility industry strategy, regulation, or finance roles (or equivalent).
* Understanding of utility regulation, rate design, and financial modeling sufficient to lead programs or projects.
* Demonstrated critical thinking skills with an ability to identify key issues and recommend solutions to complex problems using data, logic and financial insight.
* Strong communication and presentation development skills, with the ability to clearly articulate complex issues and data to senior management and stakeholders.
* This role is hybrid office/remote, working within the National Grid service territory.
More Information
#LI-MR1 #LI-HYBRID
Salary
$140k - $175k a year
This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.
National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.