Retail Banking Technical Specialist -
Retail banking and Small and Medium Sized Enterprises (SMEs) - 12 Month Fixed Term Contract
Division –
Supervision, Policy and Competition
Department –
Retail Banking
Salary -
National (Edinburgh and Leeds) ranging from £72,100 to £87,100 and London £79,300 to £95,800 per annum (Salary offered will be based on skills and experience)
About The FCA
The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. Follow this link to find out more About the FCA.
The Retail Banking Directorate is responsible for the supervision and policy making for retail banking activities and mortgages in the UK, including those undertaken by the largest retail banking groups. We deliver the conduct agenda through a combination of firm-specific, sector-wide and event-driven activity to deliver better outcomes for UK consumers and SMEs.
This is a significant market, impacting a wide range of consumers and the wider economy. We want to enable innovation that supports sustained economic growth while ensuring that firms in this sector operate with consumers' and SMEs' interests at the heart of their business.
What Will You Be Doing
* Using deep subject matter expertise to provide strategic and technical advice to senior decision makers on complex topics and issues relating to SME customers of retail banks
* Working collaboratively with management and teams across the Directorate, including strategy, sector analysts, policy and front-line supervision
* Providing analytical, technical, policy and strategy advice on a broad range of SME banking, SME lending and personal banking questions including interpreting our standards, developing policy positions, advising on strategies to tackle harm
* Representing the FCA to senior external stakeholders, including firms and trade associations; and working collaboratively with internal stakeholders
* Playing a leadership role within the Directorate, including coaching colleagues and providing technical support and training where needed
What Will You Get From The Role
* Playing an intrinsic part in the Directorate's leadership and management team; and embedding the FCA values
* A wide-ranging, high impact role, offering the opportunity to expand your leadership and technical capabilities
* Lead on high-profile and complex policy challenges, with opportunity to work creatively and innovatively to address a variety of risks, working with a range of internal experts and external stakeholders
* Work in a high-energy and stimulating division, within a supportive environment that continually seeks to develop colleagues
Which skills are required?
We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme Click Here)
Minimum
* Prior experience of providing technical SME and retail banking expertise in a fast-paced environment
* Prior experience of designing and delivering complex analytical work, drawing on insights and intelligence from various sources and data to understand risks and reach robust judgements
* Prior experience of designing and delivering policy and strategies to mitigate harm and influencing senior stakeholders
Essential
* Strong understanding of the needs of SME customers and the risks they face, the changing market for SME banking including inherent risks and challenges of particular business models.
* Ability to think analytically about how best to assess and validate risks of harm and to use data to reach risk-based judgements
* Ability to make a strong personal impact and influence and persuade with well-reasoned arguments
* Ability to identify, build and maintain constructive relationships with key stakeholders internally and externally
* Experience of supporting, training and coaching others
* A flexible approach to change and an ability to adapt priorities and working styles accordingly
Our Values & Diversity
We are proud to be an inclusive employer and our ambition is to cultivate a culture 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.
Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.
Did you know
? 50% of our Executive Committee were the first in their family to attend university.
Benefits Of Working At The FCA
* 28 days holiday per year plus bank holidays
* Hybrid working (work from home up to 60% of your time)
* 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 also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.
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 can explore what might work best for both sides.
Follow this link to see what life is like at the FCA - Life at the FCA
Application Support
We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.
If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.
Useful Information and Timeline
* This role is graded as Technical Specialist - Regulatory
* Advert Closing Date: Thursday 2nd October at 23:59pm
* CV Review/Shortlist: Friday 3rd October
* Case Study Assessment & Competency-Based Questions: commencing Wednesday 8th October
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.
Got a question?
If you are interested in learning more about the role, please contact:
Applications must be submitted through our online portal. Applications sent via email will not be accepted.