Lead Associate in Fraud Supervision - London, United Kingdom - Financial Conduct Authority

Financial Conduct Authority

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Background

Are you ready to develop your career and specialism joining our team of specialist financial crime supervisors? We are looking for a Lead Associate to join the Fraud Team at the FCA.

The Fraud team was recently set up to develop the FCAs approach to reviewing firms anti-fraud 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.

This work plays a vital role in minimising the extent to which it is possible for regulated businesses (or businesses which require, but fail to have, FCA authorisation), to be used for a purpose connected with financial crime, partnering with teams across the organisation.

A new team has been set up to focus specifically on supervising firm's antifraud systems and controls.

What does the job involve?

As a Lead Associate within the team you will:

Contribute to and lead parts of the design and development of a comprehensive 3-year plan on the FCA supervisory approach to assessing firms' anti-fraud systems and controls, including; understand how to better utilise fraud data and intelligence available from internal/external sources
Identify and engage with firms to lead the delivery of 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
Work closely and effectively with colleagues across the division and other key internal and external stakeholders to provide a joined up approach to antifraud supervision, attending and contributing to meetings with stakeholders, escalating issues where appropriate and leading complex supervision cases focussing on firms antifraud systems and controls.
Supporting the Manager to plan, prioritise and allocate work across the team, developing and coaching the team to support their development. Deputising for the Manager during periods of absence
Overseeing the work of team members to ensure timely progress is made to achieve our supervisory outcomes
Collaborating inclusively, contributing to an environment where all opinions are listened to and respected and engaging with the FCA Diversity and Inclusion agenda

About You

Minimum
- _Any disabled applicant meeting the minimum criteria will automatically progress to interview stage, should they enter under the _

Disability Confident scheme_

- . For more information on the FCA's commitment to building a diverse and inclusive workforce, including guidance on drafting criteria, please refer to the _

FCA's Positive Action Framework._
Evidence of Regulatory financial crime antifraud experience.
Proven experience of building and managing relationships with stakeholders at all levels of an organisation.
Experience of analysing data and information, making judgements and presenting key issues and recommendations to senior stakeholders.
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.
Experience of supporting and mentoring a team or individual/s, assigning work and managing its completion.

Essential

Ability to prioritise your workload, managing your time effectively and using sound judgement to achieve results in a highpressure environment.
Strong project management capability to help plan, prioritise and allocate work within the team.
Engagement strong written and verbal communication skills, including the ability to present complex information to stakeholders (internal and external) in a clear, concise and compelling way.
Ability to coach and guide others and serve as a role model to within the team and wider division.
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.
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.
Supporting the team through continuous learning, identifying improvements in methodologies and practices and working to implement these.
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

Desirable