Division: Supervision, Policy & Competition
Department: Market Analysis & Policy
Salary: National (Edinburgh and Leeds) ranging from £72,100 to £95,00 and London from £79,300 to £105,000 (salary offered will be based on skills and experience)
This role is graded as: Manager – Regulatory
Your recruitment contact is Tahir Khan via Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.
About The FCA And Team
We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective. By joining us, you'll play a key part in protecting consumers, driving economic growth, and shaping the future of UK finance services.
Supervision, Policy & Competition (SPC) oversees firms and individuals (supervision), creates and reviews the rules by which they operate (policy) and identifies and remedies ineffective competition in markets (competition). The Mortgage Policy Team develops and maintains standards for the mortgage and home finance firms and markets. The team is a core part of the Retail Banking Directorate - we deliver the conduct agenda on retail banking and mortgage activities through a combination of firm-specific, sector-wide and event-driven activity to deliver better outcomes for millions of UK consumers.
This is an exciting opportunity for an experienced policy manager who is looking for real stretch to join the Market Analysis & Policy Department and lead our ambitious programme of policy work under the Mortgage Rule Review. This review is part of our 5-year strategy, aiming to simplify our mortgage rules to support sustainable home ownership and the UK economy.
Role Responsibilities
Delivering effective policy change and implementation at pace – most importantly delivering the Mortgage Rule Review in line with the commitments in our Roadmap but also providing high quality advice and support to supervisors, firms, consumers and trade and consumer bodies
Coaching the team and overseeing a varied and changing work programme, with leadership support from the Lead Associate and Technical Specialists
Collaborating closely with key internal teams – Sector and data analysts, Supervision, Legal, Communications, Economics, Competition
Maintaining effective relationships with government, industry and consumer groups, and being a strong, credible representative for the FCA
Playing an important part in the Retail Banking Directorate's leadership, supporting the organisation and individuals to develop and deliver
Skills Required
Minimum:
Prior policy-making and financial services experience in a regulator, government department, firm, or other relevant organisation, managing complex policy issues
Prior experience of managing large projects and line managing and coaching / supporting colleagues
Prior experience in managing senior stakeholders, both internal and external
Essential
An inclusive manager, with experience in supporting and motivating teams to solve problems and deliver results
Ability to make good judgements, to prioritise effectively, to respond positively to difficulties and to adjust approach and working styles quickly and with positive results
Highly analytical, able to draw reasoned and logical inferences from complex quantitative and qualitative data, and reach robust and practical conclusions
Experience of delivering demanding projects to tight deadlines, and able to exercise a high degree of initiative in response to unexpected challenges
Ability to communicate key messages and explain technical issues in a clear and concise manner
Effective persuasion and interpersonal skills and experience managing stakeholder engagement constructively
Benefits
28 days annual leave plus bank holidays
Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors)
Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary
Private healthcare with Bupa, income protection, and 24/7 Employee Assistance
35 hours of paid volunteering annually
A flexible benefits scheme designed around your lifestyle
For a full list of our benefits, and our recruitment process as a whole visit our benefits page.
Our Values & Culture
Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that's free from discrimination and bias, celebrates difference, and supports colleagues to deliver at their best. 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.
If you require any adjustments due to a disability or condition, your recruiter is here to help - reach out for tailored support.
We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.
Disability Confident: Our Hiring Approach
We're proud to be a Disability Confident Employer, and therefore, people or individuals with disabilities and long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. In cases of high application volumes we may progress applicants whose experience most closely matches the role's key requirements.
Useful Information And Timeline
Job advert close: Sunday 15th March (midnight)
CV Review/Shortlist: 17th March
First Interview: w/c 23rd March
Hays Assessment: w/c 30th March
Second Interview: w/c 13th April
Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.