Retail Lending Specialist - 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

Retail Lending Specialist, Authorisations

Salary:
National - up to £75,000 and London up to £85,000

Are you interested in joining a team that help ensure that ensure firms' business models put customers at the heart of what they do, and approved individuals have sufficient competence and integrity?_
Lending spanning across:

Mortgage lending-

Consumer credit lending: retail and unsecured credit, high-cost short term, motor finance, credit cards, credit unions, pawnbroking, home collected credit, hire purchase and more-
Mortgage Intermediaries
Credit Brokers
Debt Advice
Debt Collection
Credit Reference Agencies
Claims Management Companies

What you will be doing

We are looking for a highly talented, motivated, outcome focused self-starter with a deep, rich and broad experience of the lending sector (across consumer credit and mortgages).

You will work alongside our existing Technical Specialist who will be responsible for debt and credit brokers whilst you will be responsible for mortgages and consumer credit lending.

Whilst you will be responsible for your own area of expertise, you will work with the existing Technical Specialist to provide cover for each other and or work together on tasks and projects.

In summary:

You will be the Authorisations consumer credit and mortgage lending expert not only for the department but also called upon to provide your expertise to stakeholders across the FCA and externally
You will also lead and contribute to departmental, divisional and FCA projects, activities and strategies

Key Responsibilities:

Providing consumer credit and mortgage lending technical, industry, regulatory and legislative expertise to support the delivery of high quality and assertive regulatory assessments and decisions, and where appropriate building internal consensus
Leading on or supporting case officers with strategies to deal with complex or novel firm issues, interpreting risks and recommending the most appropriate course of action
Leading or supporting case officers with firm meetings, educating firms on their regulatory responsibilities, and delivering difficult messages constructively and effectively
Providing critical thinking relating to the mortgage and consumer credit lending sector and developing high quality strategies at a sector level
Briefing colleagues across the FCA or externally, on matters relating to your area of expertise, including ability to confidently deal with senior stakeholders and challenge
Developing and delivering training to build case officer capabilities
Leading or contributing to policy development and designing and implementing regulatory change
Proactively building excellent networks and relationships (both internally and externally) to facilitate understanding of risks and issues in the sector and sharing knowledge to achieve good regulatory outcomes and timely decision making

What will you get from the role:

You will be part of a team that plays a critical role for everyone in the UK who is a consumer of financial services.

Within the Authorisation Division, you will:

Directly contribute to the authorisation strategies for protecting the mortgage and consumer credit lending firm's gateway
Develop knowledge of other sectors and other regulatory, law enforcement and government bodies.
Confidently interact with and influence senior level individuals internally, at firms, and key industry stakeholders as a key FCA representative in this ever-changing marketplace
Have the opportunity to work on interesting and stretching projects and activities that will shape our approach to regulation
Build a wide network across the FCA and other regulatory and governmental organisation, representing the department/division in discussions with senior management
The opportunity to influence and grow case officer capabilities

This role offers considerable potential for development, an extraordinary degree of variety and exposure to other areas of the FCA.

It is situated as a central role within the department supporting case officers across a number of different teams.

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:

28 days holiday per year
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

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 experien