If you’re a talented economist with expertise in regulatory, transport or competition economics, we can offer you the opportunity tohelp shape the way the rail industry is regulated in the future. Working alongside world-leading experts, you’ll analyse this highly complex industry, its potential transformation and the role of regulation in delivering this.

The challenge
The rail industry raises some of the most challenging questions in economics. You’ll help to answer these questions by contributing to the 2013 periodic review, leading thought on far-reaching industry reform and playing a lead role in significant economic determinations that will affect the UK travelling public and the wider economy. You’ll work on high profile projects, policies and a regulatory framework that will create the rail service of tomorrow and ensure that passenger and freight operators continually improve performance, safety, capacity and value for money.

Your role
As part of the Economics & Finance Team within the Railway Markets & Economics Directorate, you’ll develop and deliver a regulatory framework to respond to new and future changes in the rail industry. You will be assigned to one of the existing transport economics, regulatory econometrics, or competition economics teams but we would expect you to work flexibly across these disciplines, reflecting your expertise but also providing scope to acquire a wide range of experience.

Working with a range of regulators and EU bodies, as well as experts in the fields of competition, regulation and transport economics, you’ll shape policy, provide economic advice in areas that could range from costs and charges to competition, incentives and benchmarking.

Your skills
As well as experience of formulating high level policy and providing economic analysis and advice, you must be an excellent communicator and project manager with a degree or equivalent in economics. Innovative and influential with a proactive approach and the ability to make an immediate impact, you should understand the complexities of policy development and implementation.

Unparalleled development
You’ll be actively encouraged to maintain and broaden your knowledge through on-the-job training, conferences and internal and external seminars.

To apply
The Office of Rail Regulation is the independent safety and economic regulator of Britain’s railways. To help us shape new plans for the benefit of all and change the way the industry is regulated during an exciting period of significant change, discover more and apply by visiting www.capitaras.co.uk/orr quoting reference ORR0002.

Closing date: 2nd March 2012.