Power Regulation and Commercial Mananger

Position Description 

As a Regulatory and Commercial Manager within the Regulation & Compliance team, you will play a pivotal role acting as the in-house expert on industry codes and their interpretation, providing critical support to our commercial business. Your expertise will be applied across the various jurisdictions where we are actively investing, including the Single Electricity Market covering Ireland and Northern Ireland, as well as the GB power market. 

This advice will have a direct impact on trading activities, participation in capacity markets, integration of interconnectors, and future investment opportunities. It is essential to have worked as an internal specialist within a complex organisational setting. 

You will be entrusted with leading specific projects that are driven by regulatory changes, and will work in collaboration with various departments, including Asset Development, Asset Management, Strategy, and Trading teams. 

As part of your professional development, you will have the opportunity to work alongside other managers who focus on gas markets, governance and compliance, as well as grid code and connection management. This role operates in a fast-paced and evolving environment, made more dynamic and exciting by the significant changes associated with society’s transition to a low-carbon future. 

 Key Responsibilities 

Expert Analysis and Commercial Assessment 

Provide in-depth analysis of market regulations, evaluating their implications for the business and assessing the direct and indirect commercial impacts. This involves interpreting regulatory requirements to ensure that the organisation remains competitive and well positioned within the market landscape. 

Regulatory Compliance 

Ensure ongoing compliance with all relevant regulatory requirements to prevent the risk of penalties. Maintain high standards of diligence and oversight to safeguard the organisation’s reputation and operational integrity. 

Identification of Business Risks and Opportunities 

Interpret industry codes and policies to identify potential risks to the business, as well as opportunities for growth or improvement. This proactive approach ensures that the company can respond promptly to emerging challenges and capitalise on favourable developments within the regulatory environment. 

Implementation of Rules and Relationship Building 

Implement applicable rules with the objective of maximising economic returns for the business. In doing so, actively foster strong internal relationships by collaborating with relevant teams across the organisation to ensure alignment and effective execution of strategies. 

Code Change Proposals 

Propose and support new code changes that are aligned with the company’s strategic business objectives. Work collaboratively to develop and put forward recommendations that advance the organisation’s interests within the regulatory framework. 

External Representation 

Represent the company at meetings with regulators and industry groups, ensuring that the organisation’s positions and perspectives are effectively communicated and advocated in external forums. 

Experience 

The ideal candidate will possess more than ten years of hands-on experience in electricity market regulation. This extensive background includes a minimum of three years dedicated to market rule reform within a commercial setting, demonstrating robust expertise in traded markets and their real-world applications from a generator’s perspective. A deep understanding of relevant jurisdictional Balancing and Settlement codes, together with Capacity market codes, is essential, enabling effective participation in competitive wholesale markets. In addition, the candidate should be highly proficient in modelling and analytics, ensuring thorough analysis and interpretation of complex regulatory frameworks. 

Commercial Awareness 

The successful candidate will demonstrate a high level of commercial awareness, possessing the ability to develop detailed insights into the operation of all ESB Generation and Trading (GT) assets across multiple energy markets. This involves a clear recognition of the different revenue streams and associated costs linked to each asset and market. The candidate will apply this expertise consistently across their responsibilities, ensuring a thorough evaluation of the costs and benefits attached to complex commercial challenges. Their decision-making will be informed and sound, delivering robust recommendations that support the business objectives. 

It is essential that the individual is a self-starter, showing initiative and a proactive approach in all engagements and in meeting their objectives. Their ability to independently drive progress and deliver results is key to success in this role. 

Core Competencies 

Communication 

The successful candidate will possess exceptional written and verbal communication skills, demonstrating the ability to convey complex information with clarity and accuracy. This skill extends to explaining intricate regulatory or commercial topics to audiences who may not possess technical expertise, ensuring that all stakeholders are fully informed and engaged in the decision-making process. 

Collaboration Skills 

An established ability to build, maintain, and nurture productive working relationships with both internal teams and external stakeholders is essential. The candidate will be comfortable collaborating across departments and with industry partners, supporting projects and initiatives that require cross-functional cooperation. Their approach to teamwork will be inclusive and supportive, ensuring a positive and effective working environment. 

Problem-Solving and Analytical Abilities 

Proven problem-solving skills, combined with a proactive mindset, are required for this role. The candidate will be experienced in using modelling and analytics to identify solutions, interpret data, and inform business decisions. This analytical capability enables the individual to address challenges efficiently and deliver robust recommendations that align with organisational objectives. 

Influencing Skills 

Demonstrated experience in influencing others is critical. The candidate will be adept at engaging with diverse groups and flexible teams, managing differing perspectives, and achieving consensus or outcomes in line with business objectives. Their influencing skills will be evident in both formal and informal settings, contributing to the successful delivery of projects and fostering a culture of collaboration and continuous improvement. 

Qualifications 

3rd level qualification (economics/engineering/technical/legal/commercial preferably) or equivalent, or equivalent work experience reflecting deep analysis and interpretation, scenario /risk management and effective team engagement is required.   

Location 

 
The new state of the art Fitzwilliam 27 office in Dublin is the location for this role allowing for collaboration and connecting with colleagues.  In person meetings will be a feature of the role which may also involve overseas travel occasionally.   

ESB is committed to offering flexibility in ways of working and we call that Smart Working – combining digital tools with a culture of trust and empowerment to enable flexible and remote ways of working. The successful candidate may combine remote / smart working within the jurisdiction, with attendance at base for in-person collaboration, the frequency of which is agreed with the manager and subject to ongoing review.   

Reporting to 

 
The successful candidate will report to the Head of Regulation and Compliance. 

Salary

€86,731 - €101,612

Closing Date

15/01/2026