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jobs description

Salary: £49,000 up to £60,000 per annum depending on skills and relevant experience

Contract Type: Permanent – Full Time

Security Level: BPSS

Location: Hybrid/Remote with Gatwick Base

Are you looking for an exciting new opportunity to shape the economic benefits of airspace change proposals and influence the sustainability of the aviation industry in the UK? The CAA is looking for an economist with an in depth understanding of conducting economic appraisal, impact assessment and evaluations, including Cost Benefit Analysis and valuation techniques to join the rapidly expanding Airspace Regulation (AR) team. The UK has some of the most complex airspace in the world and its recently initiated modernisation programme represents a ground-breaking moment in the UK’s aviation history. Ultimately you will be supporting the integration of users such as Space Launch Operators, Uncrewed Air Systems, General Aviation, Military Aviation and Commercial Aviation, all within the framework of the... Airspace Modernisation Strategy.

A bit about us:

The CAA is the UK's aviation regulator and a public corporation of the Department for Transport, recognised as a world leader in its field. Our activities are diverse, ranging from core regulation that delivers a high degree of assurance of safety, security and consumer risk management, to future aviation and sustainability that builds advisory and regulatory capabilities that are both effective and scalable in enabling the UK to take a leading position in the development of new technologies including making a strong contribution to the sustainability challenge.

The restructuring of UK airspace is facilitated through airspace change proposals submitted to the CAA by a range of aviation and non-aviation sponsors. These proposals vary greatly in terms of size, operational complexity, and scale of consequential impacts, and are required to follow the CAA’s CAP1616 Airspace Change approval process. The Economists within AR perform oversight of such proposals with respect to their options appraisal. Having a systematic process that includes quantification of as many of the costs and benefits of a particular airspace change proposal as possible helps to provide consistency in options appraisal for all concerned. It also provides additional data helping the CAA make the optimal decision against a background of increasing scarcity of airspace capacity, whilst ensuring modern standards for regulatory decision-making are fair, transparent, consistent and proportionate.

How will you make a difference:
• Assess the economic impacts and ensure regulatory compliance of airspace change proposals at various stages of the Airspace Change process, principally in assessing options appraisals and providing guidance to sponsors based on best practice, Green Book methodology, and Transport Analysis Guidance (TAG).
• Provide economic regulatory guidance and conduct cost-benefit analysis of airspace change proposal options with valuation techniques from a wide range of sponsors such as airports, the military, spaceports, and innovation companies, producing objective and independent assessments of the positive and negative impacts for each proposed airspace change design.
• Test the veracity of data provided by airspace change sponsors and assess whether methodologies employed are appropriate in respect of options appraisal, and if necessary, provide challenge to sponsors on both scope of and methodology for quantification and monetisation of economic costs/benefits in line with the CAA’s guidance on proportionality.
• Lay out the conclusions of these assessments and form a key part of the CAA’s transparent decision-making process for approvals.
• Provide advice to airspace change sponsors regarding interpretation of regulatory framework, process requirements for options appraisals and applicable methodologies based on best practice, Green Book methodology, TAG.
• Assist in preparing the ‘call-in assessment’ and ‘minded-to decision’ for the Secretary of State (SofS) should a stakeholder ask the SofS to call-in/challenge a proposal.
• Perform economic assessment for environmental impacts of airspace change design options and liaise with and support the CAA Environmental Research and Consultancy Department (ERCD).
• Develop the CAA’s best practice in appraisal techniques by liaising with Department for Transport (DfT) with regards to development and maintenance of TAG.
• Shape and influence how economics is used in AR for potential new policies or techniques on the best mechanisms to allocate airspace, or wider government policies and techniques such as UK CORSIA obligations.

The knowledge, skills and experience we are looking for:
• An individual with an economic focused degree or a strong background in a relevant economic field such as transport sector economic analysis and evaluation.
• Experience of conducting economic appraisal, impact assessment and evaluations, including Cost Benefit Analysis and valuation techniques.
• An understanding of TAG and the Green Book approach or of financial/ economic modelling tools and software programmes.
• An understanding of UK airspace and the aviation industry is desirable.
• Knowledge of the CAA’s regulatory role, airspace change process, strategic plan and responsibilities is also desirable but not essential.

The strengths and behaviours required:
• A flexible and committed individual with the ability to prioritise and multi-task in a highly dynamic and fast-paced environment.
• A team player with a willingness to embrace new working methods, tackle a job and get it done.
• Good analytical, problem-solving, and decision-making capabilities.
• Strong interpersonal skills to deal tactfully, diplomatically, and authoritatively with people at all levels, both internally and externally.
• Excellent verbal and written communication skills to deliver clear, concise, and effective guidance, and unbiased conclusions.
• A motivated individual who takes responsibility to deliver high-quality and useful work.
• Able to work both independently and in small teams - with only 1 expert from each specialist field allocated to each proposal, once fully trained there is a high degree of autonomy involved, whilst also working closely with different subject matter experts from environment, consultation and technical areas; e.g. air traffic controllers and pilots.

How we care for you:
• You will become a valued member within a professional, supportive multi-disciplined team of civilian and military personnel. We will invest in you and allow you to grow your career, offering a wide variety of excellent internal and external professional and personal development training opportunities.
• Financial rewards: attractive salary, an envied Defined Contribution Pension Scheme where you elect what % of salary contribution you wish invest and the CAA will double that as well, up to a maximum of 12% (6% employee contribution), and other generous salary sacrifice schemes including an additional 5 days leave purchase scheme.
• Work/life balance: free onsite gym at our Head Office near Gatwick Airport and other discounted gym memberships, 28 days annual leave plus public holidays.
• We have embraced hybrid working and offer flexible working patterns, being open to having a conversation about what works for you. We know where and when we work is important in achieving a work-life balance.
• We are passionate about diversity and ensuring all are included at the CAA. We are an equal opportunity employer and actively encourage applications from candidates of all backgrounds. We use fair and inclusive selection approaches to hire the best person for the job based on merit alone.
• As a member of the Disability Confident scheme, applicants who meet the minimum criteria for a role with us will be guaranteed an interview. If you require an adjustment for any reason, please let us know.

Additional Information

For many appointments within the CAA, these roles require access to operationally sensitive infrastructure and/or Nationally Protected information. For these roles the post holders must undergo National Security Vetting and achieve the appropriate level of clearance.

To be vetted you must have the right to work in the UK so that meaningful checks can be undertaken.

If you do not meet these requirements, we may not be able to accept your application.

For more information on BPSS clearance please visit - BPSS clearance

The CAA values high ethical standards and personal integrity among employees. If invited for interview you will be asked to complete a declaration of interest.

Our Values

Do The Right Thing, Never Stop Learning, Build Collaborative Relationships, Respect Everyone – For more information please Click Here

Closing Date: Friday 28th June 2024

Interview Date: W/C Monday 8th July 2024

We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.

No recruitment agencies please
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