Senior Fraud Systems and Controls Supervisor - London, United Kingdom - Financial Conduct Authority

Financial Conduct Authority

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Salary:
National ranging from £49,700 to £60,000 and London from £53,300 to £65,000

Are you ready to develop your career and specialism joining our team of specialist financial crime supervisors?_

The team/department

The Fraud team was recently set up to develop the FCA's approach to reviewing firms' antifraud systems and controls and ensuring that they are taking adequate steps to protect their customers from being victims of fraud and they are not being used by fraudsters.

The team is developing and implementing approaches to supervising what firms are doing to tackle fraud.

What will you be doing

Identify and engage with firms to perform agile reviews of their antifraud systems and controls
Critically assessing their antifraud systems and controls, exercising strong judgement and challenging firms, where necessary
Undertaking peer comparison and analysis of the maturity of firms' antifraud systems and controls in relation to other firms in the sector and the wider market
Utilising learnings to inform and develop our supervisory approach going forward
Leading supervision cases focussing on firms' antifraud systems and controls
Work closely and effectively with colleagues across the division and other key internal and external stakeholders to provide a joinedup approach to antifraud supervision, attending and contributing to meetings with stakeholders where appropriate
Support others in the team as required

What you will get from the role

This work plays a vital role in minimising the extent to which it is possible for regulated businesses (or business which require, but don't have FCA authorisation), to be used for a purpose connected with financial crime, partnering with teams across the organisation and across external organisations
You will use your experience (or potential) to contribute to the delivery of a comprehensive antifraud supervisory strategy
Contribute to the development of a comprehensive plan on the FCA supervisory approach to assessing firms' antifraud systems and controls, including understand how to better utilise fraud data and intelligence available from internal/external sources

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
We are_

- who best _
- meet the _
- minimum_
- criteria for a role._

Evidence of regulatory, legal or compliance financial crime and fraud experience
Experience of analysing information, making judgements and presenting key issues and recommendations to senior stakeholders
Experience of the systems and controls firms have in place to protect their customers from being victims of fraud

Essential criteria

Strong interpersonal and stakeholder management skills: able to build and maintain relationships with senior management, other regulators and staff at all levels within the FCA
Experience of the systems and controls firms have in place to ensure that they are not being used by fraudsters
Ability to prioritise your workload, managing your time effectively and using sound judgement to achieve results in a highpressure environment
Strong verbal communication skills, ability to deliver impactful messages to stakeholders
Ability to work independently, use sound judgement and escalate issues appropriately
A curious and inquisitive mindset, and an ambition to deliver in the public interest
Inclusive approach respects the diversity of cultural, social and academic backgrounds found in the organisation and able to adapt personal style to effectively engage individuals from a widerange of backgrounds
Ability to take the lead on complex issues, identifying and delivering solutions
Supporting the team through continuous learning, identifying improvements in methodologies and practices and working to implement these
Proven experience of strategic thinking and decision making. Ability to think critically about the strengths and weaknesses of firms' systems and controls to identify relevant risks, issues and themes and arrive at appropriate judgements
About the FCA
The FCA regulates the conduct of 50,000 firms in the UK to ensure o