Head of Capital Regulation

Heathrow Airport; City of Westminster; On-site; GBP 150,000 - 200,000; Full time

Job summary

A major international airport in the United Kingdom seeks a proactive individual to develop and deliver capital frameworks to ensure efficient capital investment delivery. The role involves leadership in capital obligations, collaboration with stakeholders, and enhancement of relationships within the airline community. Ideal candidates should possess strong stakeholder management and leadership skills, with professional qualifications in the relevant field. This position aims to support strategic objectives and maintain robust economic regulation for optimal operation.

Qualifications

• Extensive knowledge of economic regulation as it relates to capital processes.
• Proven ability to work collaboratively with teams and external stakeholders.

Responsibilities

• Develop and deliver capital frameworks to maximize investment efficiency.
• Provide leadership in the management of capital investment obligations.
• Support program teams with regulated capital requirements.

Skills

Leadership

Stakeholder management

Problem-solving

Collaboration

Influencing skills

Education

Professional qualifications (membership of an appropriate institution)

Job description

• Development & delivery of the Capital Framework & Protocol to ensure Heathrow maximises efficient capital investment delivery with minimum delays, risk or uncertainty. The core focus of the role is to provide integral capital framework foundations to enable the outperformance of benefits delivery whilst protecting the regulated asset base and shareholder investment.

• Ensuring that all capital investment is incurred in a manner which ensures inclusion in the Regulated Asset Base with end to end leadership and management of Ex Ante and delivery obligations.

• Ensuring that Heathrow maintain and continue to grow strong Airline community working relationships, working together to support Heathrow's strategy to deliver an extraordinary airport fit for the future through our capital investment.

• Ensuring that our programme teams are fully supported across all regulated capital requirements.

• Ensuring that the deployment, engagement with, and performance of the Independent Fund Surveyor, who are jointly appointed by Heathrow and the AOC.

  The scope and complexity of Heathrow's strategic programmes and capital regulation requires clear efficient processes that adhere with our regulatory responsibilities ensuring we protect shareholders investments through efficient recovery of capital investment through the regulated asset base. This role requires a proactive individual who has strong leadership and stakeholder management skills along with high energy to inspire, influence and lead both the Programme teams and the Airline community.

  Professional qualifications (membership of an appropriate institution) or evidence demonstrating continued personal development.

  Extensive knowledge of how economic regulation is reflected in Heathrow processes and how Solutions responds to the issues.

  Proven ability to work collaboratively with other teams and external stakeholders to achieve a common result.

  Strong collaborative working skills are essential, as is the ability to model and demonstrate appropriate behaviours to implement the change and generate a culture of continuous improvement.

  Strong stakeholder skills, the ability to manage ambiguity & influencing skills, and strong and inspiring leadership skills, able to create a clear vision for the future and effective at motivating others to follow.

  An effective problem solver with high intellectual capability, with record of applying a challenging and analytical approach to complex issues and developing innovative yet pragmatic solutions.

• Heathrow is one of the largest regulated businesses in the world. The airport has a track record of effective economic regulation to support investment, efficiency, and growth in pursuit of our vision of delivering the best airport passenger service in the world. We are subject to robust scrutiny from airline customers, our regulator and government, and our shareholders rely on us to provide a capital regulatory framework that establishes a business that is stable, financeable, and profitable.