Regulatory Policy Committee Members x5

Closed
Body: Regulatory Policy Committee
Appointing Department: Department of Business, Energy and Industrial Strategy
Sector: Regulation
Location: London, virtual for the foreseeable future
Skills required: Regulation
Number of Vacancies: 5
Remuneration: £350 per day
Time Requirements:  40 days per annum

Campaign Timeline

  • Competition Launched

    23/04/2021

  • Closed for Applications

    06/06/2021

  • Panel Sift

    21/06/2021

  • Final Interview Date

    10/09/2021

  • Announcement

    TBC

 

Assessment Panel

Vacancy Description

The Regulatory Policy Committee (RPC) is an advisory non-departmental public body of the Department for Business, Energy and Industrial Strategy (BEIS). The RPC provides independent, expert advice on the quality of analysis and evidence used by departments and regulators in their assessments of economic impact on business from regulatory interventions.   

The RPC works to improve both transparency and accuracy of measurement of the impacts of regulation. It is an important part of the better regulation system, providing stakeholders, in particular business, with confidence that the costs and benefits from regulatory change have been properly considered.   

The RPC is generally formed of a Chair and seven other members. It is supported by a secretariat of BEIS staff based in London.  

The Committee’s main role involves reviewing estimates of the impacts of regulatory changes produced by analysts in departments and regulators. These assessments range from light-touch reviews to detailed cost-benefit analyses, and include both ex-ante and ex-post estimates.     

Person Specification

We are looking for people that have the ability to bring an external and independent perspective, providing constructive challenge and scrutiny, to the quality of analysis and evidence underpinning regulatory proposals. 

To be considered, you must be able to demonstrate that you have the qualities, skills and experience to meet all the essential criteria for appointment. You might be either a professional economist or someone with experience in a regulator or a related area. 

The time commitment is roughly one day per week mainly from home but with some requirement to attend meetings in London, once Covid-19 restrictions are lifted. 

For both roles (economist and generalist), you must demonstrate the following essential criteria: 

  • Excellent communication and interpersonal skills and the ability to interact with a wide variety of stakeholders. 
  • The ability to think and work strategically,able to use insight gained from the scrutiny process to help raise capability in the use of evidence and analysis in policy making. 
  • A strong understanding of the importance of economic and other financial analysis in policy making and evaluation,  
  • Sound judgement to consider complex and often conflicting arguments from an informed and balanced viewpoint and to constructively challenge and support colleagues to achieve a shared consensus. 
  • The proven ability to work effectively at pace and be able to turn work round against short deadlines.

You must also demonstrate the essential criteria relevant to the role(s) for which you apply: 

Generalist Role 

Technical expertise – individuals are sought who have broad experience of the impact of regulation on business and voluntary organisations and who can demonstrate an appreciation of the Government’s regulatory framework gained from at least one of the following areas: 

  • a private-sector organisation; 
  • a public-sector organisation, with personal involvement in regulatory services; 
  • an academic institution or think tank with a focus on regulation; and/or 
  • a voluntary-sector organisation. 

Economist Role 

Economics expertise – a qualified, professional economist with substantial proven competence in applied economics. In addition, you must understand the Government’s economic principles on policy appraisal and evaluation and be able to use economics to challenge the evidence base underpinning legislative proposals and policy evaluations constructively. 

Additional Information

If you are shortlisted, due diligence will be carried out and your referees are likely to be contacted.

Please note feedback will not be provided after the shortlisting stage. Only candidates who attend an interview will be provided with feedback.

You will be asked to prepare some identification documents if you are invited to an interview – further information will be provided closer to the time.

Interviews are likely to be held remotely through Microsoft Teams.

Successful candidates will be required to have or be willing to obtain security clearance to Security Check (SC).

Attachments
RPC-Members-Applicant-Pack-April-2021 v2
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