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OFTO Transaction Manager

Job in Glasgow, Glasgow City Area, G1, Scotland, UK
Listing for: Iberdrola
Full Time position
Listed on 2026-09-01
Job specializations:
  • Management
    Project & Program Management, Operations Management, Risk Manager/Analyst, Regulatory Compliance Specialist
Job Description & How to Apply Below

Job Title
OFTO Transaction Manager

Location
Glasgow

Salary from 59200 up to 15% bonus and health cover

Flexible Working Pattern

Help us create a better future quicker

The OFTO Transaction Manager is part of the Business Performance Team for the Global Offshore Business reporting to the Head of Regulated Transactions. The Offshore Transmission Owner (OFTO) Transactions Manager is responsible for managing all commercial aspects of the UK offshore wind business OFTO divestment process.

The OFTO Transaction Manager together with the Senior Transaction Manager and OFTO Transaction Cost Manager will manage the OFTO divestment process for Iberdrola and will develop and maintain relationships with both the regulator Ofgem and the Project Teams to ensure that the maximum value is recovered through the sale process.

The OFTO Transaction Manager will be working as part of a global business with activities in many countries across Europe and the rest of the world. The position may require frequent travel to various locations in the UK.

Whatyoullbe doing

Working closely with geographically diverse teams of internal specialists and external consultants you will coordinate key activities across the OFTO transaction process ensuring effective collaboration and successful delivery of programme objectives. You will organise plan and manage transaction activities in line with the regulated programme while taking ownership of key sub-work streams and contributing to overall transaction success.

You will oversee vendor due diligence activities ensuring project data rooms provide accurate analysis and robust justification for costs incurred. Acting as a key point of contact you will manage information requests from Ofgem and prospective OFTO bidders ensuring timely accurate responses and supporting the efficient progression of the transaction through each stage of the divestment process.

Building strong relationships with stakeholders at all levels including senior internal leaders regulators government bodies and external counter parties you will provide regular progress updates secure required approvals and drive positive outcomes. You will also identify innovative solutions to challenges influence cost allocation processes to demonstrate value and efficiency and capture lessons learned to support continuous improvement across future projects.

Whatyoullbring

Advanced interpersonal and internal networking skills i.e. able build effective working relationships at all organisational levels strong influencing skills able to challenge at different levels in the business/project

Clearly articulate requirements and expectations and hold the responsible to account

Problem solving skills across a wide range of issues and subject matters.

The ability to multi-task and prioritise key tasks while building and managing relationships across a range of external organisations and individuals each with potentially differing views aims and objectives.

Self-motivated and able to take initiative and manage time effectively.

Experience in leading contractual negotiations of and managing multiple multi-million- pound complex contracts against time pressures and/or business objectives

Strong ability to manage own performance with focus on delivery within a varied and challenging workload whilst producing high quality results.

At short notice can assess and deliver results on any commercial issue or project.

Good understanding of Health and Safety Principles and their application in the Management of large-scale projects and assets and associated activities

Experience of quality standards and procurement management

The candidate must be a team player able to work in a pressured environment with the ability to see the global picture as well as the long-term implications of todays decisions

Whatsin it for you

As well as a competitive salary which is reviewed annually you can also enjoya number ofother benefits. With our pension schemewelldouble match your contribution up to a company contribution of 10%.

At Scottish Power we believeitsthelittle thingswe do in life that makea big difference. From helping you look after your familys wellbeing save for yourfutureand take personal steps for climate action our benefits are designed to help you do just that - so that you have everything you need to take care of your world today and tomorrow.

Thatswhy our benefits include:

  • 36 days annual leave

  • Holiday Purchase perfect your work/life balance with extra annual leave

  • Share Schemes

  • Payroll Giving and Charity Matched Funding

  • Technology Vouchers save more and spread the cost of your technology purchases

  • Electric Vehicle Schemes to help you transition to green/clean driving

  • Cycle to Work scheme and Public Transport Season Ticket Loans

  • Healthcare benefit options including:

    Dental Insurance Private Medical Insurance Health Cash Planand annual Health Assessments

  • Life Assurance (4x salary)

  • Access to Savesmartfinancial wellbeing support

  • Plusshopping leisure restaurant and gym discounts and unique employee deals…

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