Senior Compliance Manager, OVO
£65-100k
+ On-target bonus of 15% + Flex pay (an extra 9% of your salary on top of your core pay to use as you like)
More information about location
1+ day a week in office
Powering human progress with clean affordable energy for everyone
Open for applications
Powering human progress with clean affordable energy for everyone
1001+ employees
Open for applications
£65-100k
+ On-target bonus of 15% + Flex pay (an extra 9% of your salary on top of your core pay to use as you like)
More information about location
1+ day a week in office
1001+ employees
Company mission
OVO is a leading energy technology company determined to create a world with clean, affordable energy for everyone. Using energy, technology and people power, the company is on a mission to lower its carbon emissions to zero by 2035, helping customers reduce theirs at the same time - they call this Plan Zero.
Role
Who you are
- Are an experienced compliance professional, with a detailed knowledge and understanding of supplier licence conditions and the intent that sits behind them
- Have exceptional written and verbal communication skills, with the ability to digest, interpret and clearly explain complex regulatory positions to a range of stakeholders at all levels
- Have strong leadership and team management skills, capable of motivating and guiding a high-performing team through complex regulatory landscapes
- Are able to build and maintain strong working relationships with internal and external stakeholders
- Can think strategically, with the ability to see the bigger picture and align compliance practices with broader corporate goals and objectives
- Have a strong ethical foundation and a commitment to promoting transparency and integrity within the business practices
- Are resilient and adaptable in managing the challenges of a fast-paced environment within a highly regulated and evolving market
- Top 3 qualities for this role: Resilience. Communication. Leadership
What the job involves
- Reporting to: Oscar Knowles, Head of Policy & Regulation
- You’ll harness your detailed knowledge of supplier obligations and industry change to ensure that OVO adheres to regulatory standards and leads the industry in sustainable business practices
- This role is responsible for managing our compliance framework, fostering positive and constructive relationships with regulatory bodies, and guiding the retail business through the complexities of compliance obligations and risk
- It serves as a cornerstone in our strategic pursuit of net zero carbon living, ensuring that all compliance efforts align with and support our environmental and corporate objectives
- Lead and develop OVO’s second-line compliance function to ensure a clear and well informed understanding of all regulatory obligations and compliance risk across the retail business
- Oversee the compliance advisory process to ensure that the retail business is well supported with effective and consistent regulatory advice and guidance
- Manage the resolution of compliance incidents, driving customer-focussed remedies and constructive engagement with the regulator
- Develop positive and constructive relationships with OFGEM and other key stakeholders to enhance OVO’s regulatory position and reputation
- Lead the implementation and ongoing development of compliance systems, including procedures and training programs to ensure staff across multiple sites are well-versed in regulatory standards
- Manage and develop a skilled team of compliance professionals, ensuring they are capable and motivated to meet strategic goals
- This role in 3 words: Strategic. Influential. Leader
Salary benchmarks
Our take
On average, home energy represents 26% of our carbon footprint. Ovo Energy wants to bring this to zero by providing cheaper, greener and simpler energy to customers. They are analysing meter data to deliver easy, personalised actions, turning electric vehicles into power stations with clever chargers, and building energy-efficient heaters. For households, their offering is organised into four different energy plans. that include interest rewards on energy credit balance.
In 2020, OVO completed the acquisition of SSE Energy Services' retail arm for £500 million, meaning that the challenger brand now has around 4 million customers in the UK.
While helping Ovo members halve their carbon footprints, the company is also working towards becoming a net zero carbon business by 2035. The challenges ahead for the company include encouraging consumer behaviour change, shifting towards subscription models for home energy use.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
42% female employees
14% employee growth in 12 months
Company
Employee endorsements
Inspiring mission
"The mission to provide Green energy to all customers, and to enable all our customers to start on a journey towards zero carbon living is written in..."
Funding (last 2 of 3 rounds)
Jul 2023
$252.7m
GROWTH EQUITY VC
Feb 2019
$252.7m
GROWTH EQUITY VC
Total funding: $544.6m
Company benefits
- Annual Discretionary Bonus
- 9% Flex Pay - extra on top of your core pay to use as you like. You can take it as cash, use as your pension contribution, or choose to spend it on a huge range of flex benefits (tech schemes, EV leasing and more!).
- Flexible / Remote Working
- Personal Development Allowances and Free Access to OVOLearn - our very own training platform
- 34 Days Holiday (including bank holidays)
- Health Insurance
- £400 OVO Energy Discount
Company values
- Find a better way - We always look for a better way, whether that’s by delivering a better service, employing brilliant people or improving our products and processes
- Do what's right - Being open, honest and fair is one of the values which applies to everything we do. We take pride in talking to our customers and delivering exceptional work
- Build something great - Simple solutions aren’t quick or easy to find. They take time and tenacity. Our people work to find an answer that helps us ‘build something great’
Company HQ
Redcliffe, Bristol, UK
Articles
Leadership
Stephen Fitzpatrick
(Founder)Founder of multiple electric technology companies.
David Buttress
(Chief Executive Officer)CEO of OVO, the UK’s 3rd largest energy supplier. Joined in May 2024.
Diversity, Equity & Inclusion at OVO
Alessandro Storer (Head of Inclusion & Belonging )
- We run inclusive training and unconscious bias workshops for employees and interviewers
- We provide mental health support, through different networks, having mental health first aiders within the business and running initiatives like our "wellbeing Wednesdays" to promote this.
- We have dedicated Early Years programmes with a focus on underrepresented groups, offering different training opportunities within the business.
- We invest in tools, like Textio, and focused I&D job boards to help us reduce bias in our job postings and recruitment activity.
- Commitment in improving diversity across our Tech Teams and working with companies to improve the tech ecosystem as a whole, specifically have committed to 25% Women in Tech at OVO by 2025
- We've signed up to numerous charters, like the Tech Talent Charter, Race at Work Charter and Trans in the City, to show our continuing commitment to improving I&D within OVO and the wider community
- Within OVO we have multiple belonging networks and communities set up, to offer support and forums for everybody
- Read more about our commitments to improving Diversity & Inclusion at OVO in our linked belonging report
Share this job
View 8 more jobs at OVO