The
Nigerian Electricity Regulatory Commission (NERC) is the independent regulatory agency mandated by Government to monitor and regulate the electricity industry in Nigeria. The Commission is committed to promoting and ensuring efficient market structures and an investor-friendly industry to meet Nigeria's need for safe, adequate, reliable and affordable electricity.
To drive the achievement this mandate, the Commission seeks to recruit qualified professionals for vacant positions in the Office of the Chairman and its 6 specialized Divisions.
NERC is recruiting to fill the position of:
Job Title: Senior Manager - Principal Manager, Market Analysis and Compliance
Job summary:
The job holder will lead one of the sector-specific teams in this Group and assist in monitoring and regulating the electricity market to facilitate the development of the market and review of market design in ensuring competition wherever feasible and the avoidance of abuse of market power. S/Hewill report to the Deputy General Manager, Market Analysis and Compliance.
Key Responsibilities
- Monitors competition in the electricity industry and ensures compliance with market rules
- Undertakes detailed regulatory review and approval of new investment initiatives, market combinations, mergers and acquisitions, etc.
- Advises on the desirability of continued regulation of different sectors of the industry
- Liaises with market governance panels (stakeholder advisory Panel, Market Surveillance Panel and the Dispute Resolution panel) to ensure efficient operation of the market
- Develops and updates processes and procedures for the effective functioning of the various market governance panels in the NESI
- Undertakes assessment of new regulations or updating of existing ones when necessary, to comply with the general objects and functions of the Commission
- Prepares periodic reports relevant to the functions and activities of Market Analysis and Competition Unit
- Assists consultancies relevant to the Unit
Required Knowledge and Skills
- Must demonstrate good understanding of the current status of the NESI, the current reform imperatives and the electricity market structure mandated by the Electric Power Sector Reform Act, 2005
- Must demonstrate good understanding of basic principles of competition and the prevention of the abuse of market power
- Learning/training in econometrics or regulatory economics will be an advantage
- Ability to provide commercial and regulatory advice based on a sound analysis
- High quality written and oral communication skills and the ability to research, draft and present scholarly papers and presentations on key regulatory and competition-related concepts and initiatives to a wide range of audiences
- Must demonstrate good computer and quantitative skills
- Ability to learn and apply listening and negotiation skills
- Self-starting, proactive and self-censoring with capacity for independent thought and analysis
- Focus on high standards and quality of work
- Firm ethical grounding, discipline and integrity
- Good organisational, leadership and supervisory skills
- Good knowledge of project management and evaluation
Educational / Professional Qualification(s)
Bachelor's degree with relevant professional qualifications in any of the following disciplines – any Engineering discipline, Economics, Mathematics, Statistics, Computer Science, Business, Business Management or Administration, Public Administration, Finance, Accountancy or Law – with a minimum of second class upper (2:1) or equivalent grade, if a holder of only a bachelor’s degree or a minimum of second class lower (2:2) in the disciplines listed above plus a relevant non-executive master’s degree from a reputable tertiary institution obtained by thesis and/or by examination
Work Experience
- Minimum of 12 - 15 years’ post graduate experience
- Relevant working experience, including NYSC obtained in the NESI or in a Nigerian electricity sector reform agency or an academic institution, a Nigerian or foreign or international financial or commercial or industrial or regulatory institution, enterprise or NGO in a relevant sector or a multilateral development institution or consulting or professional services firm with demonstrable understanding or electricity sector experience
- Experience working with and building financial/economic models is compulsory
Application Closing Date
8th August, 2013
Method of Application
Interested and qualified candidates should:
Click here to apply online
Note: Only short-listed candidates will be contacted.