VP, US Policy & Regulatory Strategy

At National Grid, we are investing over $90bn over five years in our networks in the US and the UK, with a range of ground-breaking projects to expand our networks. We operate across six business units in the US and the UK, with group revenue around $25bn. Our strategy is focussed on delivering the brilliant basics to lead on performance, driving big shifts to define our future, and building our delivery credibility to drive disciplined growth.

We are now recruiting for a VP US Policy & Regulatory Strategy, to be responsible for developing the regulatory strategy and policies for the US operations alongside the National Grid plc corporate strategy and US business plan.

Reporting to the SVP-US External Affairs, the leader of this function will work with leaders across the business to develop and implement a regulatory work plan that enables US operations to achieve their business and financial goals, and will be responsible for driving change in our whole regulatory approach. The role leads a team of six direct reports, with a total team of 21 people, and with direct budgetary responsibility of around $3m.

The postholder will lead on major policy initiatives, comment filings, and policy proceedings across New England, New York, and at the Federal Energy Regulatory Commission (FERC). The role has overall accountability for providing regulatory, policy, business, and legislative guidance and trend analysis; customer affordability analysis; and pricing and policy analysis, which will inform corporate strategy and the business planning functions on what is achievable in the US.

The leader will also interact with company teams working on regulatory proceedings before different regulatory commissi0ns to provide a strategic partner and lead a team that develops new regulatory options for implementation. The individual oversees key policy and regulatory components of balancing customer needs in a sustainability‑focussed company, future of electric and heat strategies, carbon policy initiatives, resource adequacy, infrastructure development, and large load issues, and is responsible for the execution of all strategic policies.

The role will require an individual to think about the future 3-4 years from now, creating mechanisms to change things ahead of time, and translating this into business deliverables, acting as the bridge between theory and what can be done in practice.

• Provide insights into current and emerging customer needs and expectations to shape business and regulatory strategy
• Develop strategies to address customer needs and create value for customers from a regulatory point of view
• Integrate business and regulatory strategy, policy, and technology trends to set strategy for specific new customer offerings (e.g., 'smart home')

• Develop strategies in response to business and regulatory strategic questions
• Craft overarching regulatory strategy, integrated into operating companies' rate cases and FERC filings, and serve as regulatory strategy liaison to major initiatives
• Develop new business models and policy in response to the changing landscape
• Shape regulatory framework on issues such as performance-based rate making (P ) and incentives, rate design, and utility growth areas (e.g., storage, heat electrification, geothermal, transmission, large loads, resource adequacy, and distribution interconnection)
• Engage externally for insights on business and regulatory strategy and on relevant topics

• Lead on key regulatory matters in major policy proceedings, comments, and related filings across multiple states (core New England, New York), FERC, and different ISO/RTO jurisdictions
• Work closely with Group Strategy, US…