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Financial Modeller

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Date: 11-Sep-2021

Location: London, GB

Company: Civil Aviation Authority

Salary: £41k-£52k Depending on experience 
Contract type: Permanent or 18-month FTC, Full time or Part-time

We are the UK's aviation regulator and recognised as a world leader in our field. Our activities are diverse, enabling the aviation industry to meet the highest safety standards, and we pride ourselves on our ability to adapt to the constantly evolving aviation environment.


The Role


The Economic Regulation & Competition Policy team have responsibility for economic regulation, including for the development of the price control arrangements that apply to Heathrow Airport Limited (HAL) and NATS (En Route) Plc (NERL). 

We are recruiting for Financial Modellers and Financial Analysts to join our growing team of Economists, and Senior Policy Advisers to drive forward key aspects of policy on the financial and incentive framework for the economic regulation of HAL and NERL. This includes work on financial modelling and analysis, incentive design and cost assessment. 


You’ll be responsible for developing robust analysis and working with senior level stakeholders to develop high quality deliverables. 


The aviation sector is going through a time of unprecedented uncertainty due to the impact of Covid-19, which provides an opportunity for the candidate to develop new and innovative policy solutions in the interests of consumers. These issues will have a highly material impact on the price control proposals we will make in coming years and are central to our statutory duties to protect users/consumers.

These are varied roles and we are looking for an experienced Financial Modellers and Financial Analysts who will be comfortable working on the following areas:


  • Producing high-quality financial modelling or incentive design to support policymaking, set price controls and assess financeability for the businesses we regulate.
  • Contributing to the development of new financial models or making improvements to existing models.
  • Developing policy and undertaking analysis to assess the efficiency of operating and capital expenditure.
  • Supporting work to develop appropriate service quality targets and incentives.
  • Championing CAA values and policy on diversity and inclusion.
  • In addition, we are looking for the applicants to be comfortable:
  • Developing high quality material to translate the results of analysis into persuasive presentations for the programme and CAA main boards, and to external stakeholders.
  • Translating technical economic, financial and other issues into explanations and analysis that will win the hearts and minds of non-technical audiences.

About You




  • Experience working on economic regulation and financial issues.
  • Ability to develop complex and technical economic, financial or policy analysis.
  • Ability to manage own workload, prioritise tasks appropriately and solve problems.
  • Skilled in effectively engaging and influencing a wide range of stakeholders, including communicating complex economic policy issues.




  • Bachelor’s degree in economics/finance/accounting, or equivalent.
  • Strong quantitative and technical skills, together with an understanding of financial economics, incentive design and/or cost assessment.
  • Wider expertise in developing regulatory policy, including with respect to assessing the costs or financeability of a regulated company, or developing incentive mechanisms.
  • Worked within the aviation or other regulated sectors.

What Can We Offer You?


This is an exciting opportunity in a multi-disciplinary team, where you’ll be working on complex workstreams and projects and delivering high quality and insightful outcomes to support the CAA’s strategic objectives.

You will have the opportunity to make a wider and meaningful contribution to policy development and quality assurance in fast moving and challenging programmes.

Your expertise in economic advice will be relied on when advising the Chief Economist, the CAA Executive Committee and the CAA Board as required.
Diversity and inclusion are extraordinarily important to us, and we strive to create a work environment for all employees that is welcoming, respectful, engaging, and enriched with opportunities for personal and professional development. We want to maximise the potential of everyone who chooses to work for us – regardless of background.

Additional Information


Given the impact of Covid-19, it’s likely that you will work remotely to begin with as we plan for a return to work within the government guidelines. 

We will consider applicants who want to work both full time or part-time role consistent with the CAA’s commitments to ensure it recruits from a diverse pool of potential applicants.  Part-time applicants might be asked to consider a job share, given the scope of the role.

Working With Us


We are on a journey towards being increasingly adaptable, where our colleagues collaborate as part of cross-functional teams. This approach ensures we never stop learning together. It also means that you may become involved in activities that take you out of your day to day role, providing you with opportunities to develop and grow your career with us.  


We offer a range of fantastic benefits such as flexible working arrangements, free onsite gym at Gatwick, discounted gym membership for London, 28 days annual leave, additional 5 days leave purchase scheme, a generous pension scheme and much more! 


Wherever possible, we offer flexible and variable working hours to help our people effectively manage all areas of their lives. We are an equal opportunity employer and actively encourage applications from candidates of all backgrounds. 


As a member of the Disability Confident scheme, applicants who meet the minimum criteria for a role with us will be guaranteed an interview. We use fair and inclusive selection approaches to hire the best person for the job based on merit alone. If you require an adjustment for any reason, please let us know. 


Closing Date: 23rd September 2021
Interview Date: Beginning of October 


Please note that due to the current Covid-19 situation, all interviews will be conducted online by video conference using Microsoft Teams.

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