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Regulation Specialist

BD Select Management Consultancy

Posted on October 17, 2019

7 - 8 years Abu Dhabi - United Arab Emirates

Any Graduation. Any Nationality

Opening 01

Job Description

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Job Scope:
Responsible for providing regulatory expertise and guidance across the organization to ensure compliance with CLIENT s License. This includes quantifying the impact of any regulatory change on CLIENT s role as single-buyer, as well as representing CLIENT during regulatory consultations with principal sector stakeholders.
Job Responsibilities:
Regulatory Compliance
• Monitoring organisational regulatory compliance with Law Number 2 of 1998 and CLIENT s License
• Contributing to regulatory sector debates/discussions, seeking to guide, influence and inform the evolution of sector regulation
• Anticipating and quantifying the impact of any regulatory change on CLIENT s activities in coordination with Legal and Internal Control colleagues
• Overseeing the development and submission of all regulatory requirements to the Regulation & Supervision Bureau (RSB)
• Providing strategic support to senior management and CLIENT Group, advising on appropriate actions (if necessary) to address sector regulatory change
• Developing regulation/ policy briefs for distribution across the organisation
• Monitoring CLIENT s implementation of updated processes and procedures designed to reflect regulatory sector change
• Representing CLIENT during regulatory consultations with the Regulation and Supervision Bureau (RSB) and other relevant external sector stakeholders
• Reviewing and challenging components of the Emirate s regulatory framework (where necessary) to drive necessary change in coordination with the RSB
• Drafting and coordinating CLIENT s response in cases of regulatory disputes
• Building and maintaining strategic relationships with the CLIENT Group and external stakeholders including the RSB, Energy Authority and other government policy bodies
• Overseeing the submission of Separate Business Accounts (SBA) and Price Control Return (PCR) audits in coordination with Contract Management colleagues
• Reviewing RSB Price Control Consultation process, Lessons Learned Report and Bulk Supply Tariff (BST) calculation in coordination with Tariffs and Settlements colleagues
• Reviewing the Nuclear Charge Rate Audit as defined in the PPA with Barakah One
• Providing ad hoc regulatory advice and guidance to all Directorate colleagues
Directorate Business Planning and Performance
• Contributing to the development and achievement Directorate key performance indicators (KPIs) and targets
• Providing regulatory coaching and support to colleagues
Job Requirements:
• Bachelors Degree in a relevant field
• Masters Degree in a relevant field is preferable
• Minimum of 7 years of experience working in regulation or policy related role, preferably within the energy sector
• In-depth knowledge of Abu Dhabi s regulatory framework
• Excellent stakeholder engagement and communication skills
• Good understanding of the Gulf region and its unique regulatory requirements and constraints
• English language is mandatory, Arabic speaking is an advantage

Insurance / Underwriting / Surveying / Actuary


Regulation Specialist


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BD Select Management Consultancy

Founded in the year 2001, BD Select Management Consultancy is a management consultancy firm that specializes in offering quality recruitment and HR solutions to its clients across industries. Headquartered in Dubai, UAE, the firm’s major services include retained executive search & profiling, e xpatriate recruitment strategy, psychometric testing, executive coaching, and change management. Over the years, it has served numerous clients from industries as diverse as oil & gas, hospitality, energy/water, construction, packaging, luxury/perfumes, communication agencies/PR/events, logistics, retail, and FMCG. Some of the clients it has served are ADCO, Docomo, ADWEC, National Paint, Al Bayader, Chanel, Hill & Knowlton, Hellmann, GAP, Heinz, etc.

The firm aims to become a leading provider of quality HR solutions that enhance the performance capability of its clients across the globe, paving the way for their success. To achieve this goal, it is committed to putting results first for the clients.

BD Select Management Consultancy has a team of extremely knowledgeable and experienced professionals who believe in creating strong and long-lasting professional relationships with the clients. The company offers tremendous growth opportunities to its employees and is constantly looking to expand its team.

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