Job Title OFTO Transaction Manager

Location: Glasgow

Salary: from £59,200, up to 15% bonus and health cover

Flexible Working Pattern

Help us create a better future, quicker

The OFTO Transaction Manager is part of the Business Performance Team for the Global Offshore Business reporting to the Head of Regulated Transactions. The Offshore Transmission Owner (OFTO) Transactions Manager is responsible for managing all commercial aspects of the UK offshore wind business OFTO divestment process. The OFTO Transaction Manager together with the Senior Transaction Manager and OFTO Transaction Cost Manager will manage the OFTO divestment process for Iberdrola and will develop and maintain relationships with both the regulator, Ofgem and the Project Teams to ensure that the maximum value is recovered through the sale process.

The OFTO Transaction Manager will be working as part of a global business with activities in many countries across Europe and the rest of the world. The position may require frequent travel to various locations in the UK.

What you’ll be doing

• Working closely with geographically diverse teams of internal specialists and external consultants, you will coordinate key activities across the OFTO transaction process, ensuring effective collaboration and successful delivery of programme objectives.
• You will organise, plan and manage transaction activities in line with the regulated programme, while taking ownership of key sub-workstreams and contributing to overall transaction success.
• You will oversee vendor due diligence activities, ensuring project data rooms provide accurate analysis and robust justification for costs incurred.
• Acting as a key point of contact, you will manage information requests from Ofgem and prospective OFTO bidders, ensuring timely, accurate responses and supporting the efficient progression of the transaction through each stage of the divestment process.
• Building strong relationships with stakeholders at all levels, including senior internal leaders, regulators, government bodies and external counterparties, you will provide regular progress updates, secure required approvals and drive positive outcomes.
• You will also identify innovative solutions to challenges, influence cost allocation processes to demonstrate value and efficiency, and capture lessons learned to support continuous improvement across future projects.

What you’ll bring

• Advanced interpersonal and internal networking skills i.e. able to build effective working relationships at all organisational levels, strong influencing skills, able to challenge at different levels in the business/project
• Clearly articulate requirements and expectations and hold ‘the responsible’ to account
• Problem solving skills across a wide range of issues and subject matters.
• The ability to multi-task and prioritise key tasks, while building and managing relationships across a range of external organisations and individuals each with potentially differing views, aims and objectives.
• Self-motivated and able to take initiative and manage time effectively.
• Experience in leading contractual negotiations and managing multiple multi-million-pound complex contracts against time pressures and/or business objectives
• Strong ability to manage own performance with focus on delivery within a varied and challenging workload whilst producing high quality results.
• At short notice, can assess and deliver results on any commercial issue or project.
• Good understanding of Health and Safety Principles and their application in the Management of large-scale projects and assets and associated activities
• Experience of quality standards and procurement management
• The candidate must be a team player, able to work in a pressured environment with the ability to see the global picture as well as the long-term implications of today’s decisions