- Engage directly with senior leaders (including C-suite and Board members) at some of the largest payment and Fintech firms in the UK to identify and mitigate potential harm to UK consumers and businesses
- Develop an in-depth understanding of firm's business models, strategies, operational activities, prudential position, and control frameworks to identify potential problems before they create harm for UK consumers and businesses
- Exercise judgement to assess and prioritise risk, using your experience and analysis to develop and execute supervisory strategy
- Influence senior industry figures to achieve good outcomes for consumers in line with the FCA's statutory objectives
- Write and present internal briefings to senior FCA leaders on the issues you identify and your strategy to addressing those challenges
- Convene and coordinate other teams across the FCA and other regulators as necessary to mitigate harm and deliver an agreed supervisory strategy
- Work on the front line of the protection of UK customers
- Develop skills and capabilities within a regulated environment, able to assess and quantify risk and develop appropriate strategies to stop the risk happening
- Learn and develop a deep understanding of relevant legislation and how it applies to regulated firms
- Play a key role in shaping and influencing strategy and policymaking in this sector
- Work within a dynamic and innovative team, contributing to wider divisional and FCA wide opportunities to move onward towards leadership roles
- 25 days holiday per year plus bank holidays
- Private healthcare with Bupa
- A non-contributory 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
- Experience of delivering projects and strategies
- Experience of deducing information, making risk-based judgements, and presenting key issues and recommendations
- Proven experience building and managing relationships with stakeholders at all levels, including senior colleagues
- Experience of successful teamwork and working with others
- Strong analytical capability with proven ability to reach sound judgements quickly and clearly from a broad and varied range of information
- Proven ability to balance and manage conflicting priorities and move forward in a fast-paced environment
- Curiosity and motivation to continually learn about and investigate issues within the firms and industry we supervise
- Willingness to learn and develop yourself and others, taking on new responsibilities and adopting a flexible and pragmatic approach to your work
- Experience of successful teamwork. You will work with others to deliver outcomes and achieve tasks and you will proactively offer your support to colleagues
- Ability to present yourself and the FCA in a professional and credible manner, with strong oral and presentation skills
Senior Payments Firm Supervisor - Leeds, United Kingdom - Financial Conduct Authority
Description
Salary: London £56,400 to £66,000 and National ranging from £51,200 to £61,000 per annum – Salary offered will be based on skills and experience
Are you interested in work, which is dynamic, high impact and makes a real difference to people's lives? Are you passionate about fighting financial crime? Are you intrigued by the chance to tackle consumer harm in payments and e-money? If the answer to these is yes, and you want to make a difference by working in a team focused on reducing consumer harm, raising standards, and countering illicit activity in this exciting and fast-moving sector, then we'd love to hear from you
The Department
The Market Interventions – Payments Department is responsible for supervising over 1250 non-bank payment service providers, and for providing specialist payments support and insight across the FCA.
You will be involved in a diverse range of issues including consumer harm, prudential weakness, and financial crime. We also work closely with external stakeholders such as The Bank of England to deliver a co-ordinated supervisory approach.
We are currently recruiting for a Payments Firm Supervisors to work in our Fixed Firm supervision team. This team is responsible for supervising some of the largest and highest profile firms in the payments sector.
What you will be doing
We are looking for a talented, motivated and outcome focused individual to join the Market Interventions – Payments team in our new, diverse, and inclusive Payments and Digital Assets division.
What you will get from the role
Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your needs. 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:
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 a signatory to the Government's Disability Confident scheme. This means that we will offer an interview to disabled candidates entering under the scheme, should they meet the minimum criteria for a role.
Essential
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.
The FCA is committed to achieving greater diversity across all levels of the organisations. Given this, we particularly welcome applications from women, disabled and minority ethnic candidates for our Senior Associate role.
Flexible Working
We welcome applications from candidates who are looking for flexible arrangements. Many of our staff work flexibly including working part-time, staggered hours, and job shares. We can't promise to give you exactly what you want but we won't judge you for asking.
Multi-location
As part of the FCA's on-going commitment to develop our national presence, most of our vacancies are now open to working in our Edinburgh, Leeds, or London offices. This means that as part of the application process you will be able to select your preference of which office location you would like to work from.
Useful Information
Applications for this role close on 30th April 2024
This role is graded as Senior Associate - Regulatory
Got a question?
If you are interested in learning more about the role, please contact:
For external applicants, please contact Chhavi Bartaria on k
For internal applicants, please contact Kezia Downie on k
What to expect from our interview process
The assessment process consists of an initial screening call with one our Recruitment Partners. If successful, you will be invited to attend a first-stage competency-based interview, which will include a case study. The final stage will include competency-based questions.
Your Recruiter will discuss the process in detail with you during screening for the role.
Application Support
We want to remove any possible barriers and are committed to providing a wide range of reasonable adjustments so that you can keep the focus on your conversations and be at your best.
If you have an accessibility requirement, disability, or condition that means you might require changes to the recruitment process, please contact your recruiter to discuss this further. Our aim is to make your application as easy and comfortable as possible, and your recruiter will be happy to work with you to make any necessary arrangements where possible.
Please note that all applications must be submitted through our online portal, applications sent via email will not be accepted.