Senior Open Banking Policy Advisor - 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

Salary:
London between £53,300 - £65,000 and National between £49,700 - £60,500 per annum

Do you want to shape the future of payments as a Senior Associate in the Payments Policy team at the FCA?

The Team

The payments team leads on the policy that makes payments work.

The work touches the lives of everyone in the UK, making sure that payments are fast, efficient, dependable, and safe.

The payments landscape is undergoing rapid change.

Increasing digitalisation, the emergence of new ways of paying, the evolution of open banking data sharing and payment initiation services that give consumers ways to interact with their bank accounts in new ways.

These developments are underpinned by payment services regulation.

The payments regulatory landscape is about to undergo meaningful change as the legislative framework is under review as part of government repeal and replacement of retained EU law.

Our team is shaping the future regulatory framework that will emerge from this work.

What you will be doing

As a Senior Associate in the team, you will have the opportunity to support on policy areas conducting research, engaging with teams across the FCA, and studying information to develop policy proposals. You will build depth and breadth of knowledge as you support the team's wider work
You will contribute to public consultation on changes to FCA rules or guidance, as well as work to ensure FCA priorities are reflected in changes taken forward by others. You will consult with government, other regulators, industry, and other opinion formers shaping the market
You will also provide training, advice, and briefings about payments policy issues to FCA colleagues and senior leadership

This role is an exciting opportunity to work at the heart of policy in the FCA in an evolving area of policy.

This role would suit someone with a strong background in policymaking and a desire to understand and influence fintech developments in the banking and payment space.

It would also suit someone with experience of open banking in industry, interested in making the move to regulatory policymaking

You will have the opportunity to develop in-depth knowledge of the systems and regulations that underlie payments and which touch on every area of consumer and businesses financial lives

As an employer, the FCA places value on your learning, and we offer world-class development opportunities which will assist you in achieving your career aspirations.

We can support professional qualifications in data science or financial analysis for a motivated person, depending on your profile

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 payments or policy making
Proven experience presenting key issues clearly and succinctly both orally and in writing
Proven experience of building and managing relationships with stakeholders

Essential

Experience of analysing information and contributing to the development of policy
Evidence of problem solving and organisational skills with the ability to manage a variety of competing priorities and issues
Good stakeholder management with the ability to build a network across and beyond the organisation
Willingness to learn and develop, taking on new responsibilities and adopting a flexible and pragmatic approach to your work

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. 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.

Flexible working

Multi-location

Useful Information

Applications for this role close on 27th February 2024

This role is graded as Senior Associate - Regulatory

Got a question?

If you are external and are interested in learning more about the role, please contact Chhavi Bartaria at

If you are internal and are interested in learning more about the role, please contact Kezia Downie at

What to expect from our assessment and selection process

Application