Head of Corporate Finance

This role can be based at any of our office locations:
London, Birmingham, Bristol, Manchester, York, Glasgow. ORR operates a hybrid working model, working from a workplace location other than home for at least 40% of each month. This may be higher depending on the role and business needs. Workplace locations include ORR offices, inspection sites, off-site meetings, conferences, and other approved business locations.

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.

Please refer to the attached Job Description and Job Information Pack for further details.

Find out what our colleagues have to say about their ORR careers at Our people | Office of Rail and Road ().