British Steel Pensions Redress Team - London, United Kingdom - Financial Conduct Authority

Financial Conduct Authority

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

British Steel Pensions Redress Team - Firm Supervisor

Salary:
National - ranging from £49,700 to £57,000 or London ranging from £53,300 to £60,000

Are you interested in closely supervising over 300 firms who fall under the British Steel Pension Scheme (BSPS) and playing a vital role in helping to deliver positive consumer outcomes for affected consumers?_

The team

You will sit in the British Steel Pension Scheme (BSPS) Team as part of our Advisers, Wealth & Pensions (AWP) Department which sits within the Consumer Investments (CI) Directorate.

CI's vision is that consumers can:

Invest with confidence and understand the risks they are taking
Access & identify investments that suit their circumstances and attitude to risk
Be protected from scams
Get advice or support to invest, should they want it

We believe in data-led, proactive regulation and are keen to hear from people who can think creatively about how to use data to target the highest risk firms and deliver consumer-focused outcomes.

What will you be doing

Leading identified workstreams and projects which support the delivery of portfolio wide strategies and a data lead approach to Supervision
Playing a key role in mentoring and coaching colleagues
Developing assertive supervision and mitigation strategies, setting clear expectations to firms, influencing, persuading and where appropriate, using formal powers to change conduct behaviour to deliver better outcomes for consumers
Analysis of the business models/strategies of firms, and identifying how conduct risks could cause harm to consumers and/or markets
Developing constructive working relationships with senior management in firms

What you will get from the role

A stimulating and exciting environment with varied and challenging work.
A unique insight into the workings of firms across the sector and have the opportunity to influence firms' senior management and behaviour
High profile work, with exposure to senior stakeholders at the FCA.
Exposure to a diverse crossdivisional FCA approach that includes Prudential, Resolution, Financial Crime and Enforcement action

Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your lifecycle.

You can use this allowance to purchase additional benefits such as dental or cycle to work or you have the option top up your base salary by taking this as cash.

Core benefits that you will receive as standard are:

25 days holiday per year plus bank holidays
Private healthcare with Bupa
A noncontributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age up to 12% a month once you reach age 35)
Life assurance of eight times your basic salary
Income protection

We support hybrid working which means you will be able to work from home up to 60% of the time over a month with the remainder of your time in one of our three office locations.

The skills and experience you will have

Minimum

Experience of supporting or mentoring colleagues
Experience working within the financial advice sector or within the Supervision or Regulation of firms (or similar)

Essential

You can build effective working relationships to support the delivery of supervisory objectives, flexing your style to build consensus and influence a range of diverse stakeholders
Able to effectively manage competing priorities, which may change at short notice
Experience in influence and negotiate while maintaining the integrity of the issues that need to be conveyed
You can analyse data, spot issues early and create practical strategies to address foreseen harm and work proactively
A good understanding of the FCA's approach to supervision: including risk management and prioritisation approaches

About the FCA

The FCA regulates the conduct of 50,000 firms in the UK to ensure our financial markets are honest, fair and competitive.

We do this to make sure markets work well for individuals, businesses and the economy as a whole. For more information on what we do, our three-year strategy can be found

here.

The FCA's Values & Diversity Our ambition is to cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences.

We believe that our differences and similarities enable us to be a better organisation - one that makes better decisions, drives innovation, and delivers better regulation.

Useful information

Applications for this role close at midnight on Sunday 23rd July

This role is graded as Senior Associate - Regulatory

Got a question?

If you are interested in learning more about the role please contact:
For internal applicants, please contact Beth Haydon on

For external applicants, please contact Chhavi Bartaria on

What to expect from our interview process

If successful you will be invited to attend a 60 minute competency based interview.