Firm Supervisor - Retail Banking Associate

Deichmann; Rothwell; Hybrid; GBP 43,000 - 50,000; Full time

Job summary

A regulatory body in the UK is seeking an Associate for its Portfolio 2 Supervision Team in Rothwell. The role involves analysing business models of retail banks, engaging with firms to drive better consumer outcomes, and developing supervisory strategies to mitigate risks. Key responsibilities include forming judgements on complex issues and coordinating supervisory projects. The position offers a hybrid work model with attractive benefits such as annual leave, private healthcare, and a non-contributory pension plan.

Benefits

25 days annual leave plus bank holidays

Hybrid model with up to 60% remote work

Non-contributory pension

Private healthcare with Bupa

35 hours of paid volunteering annually

Qualifications

• Minimum prior experience of analysing qualitative and quantitative information.
• Proven experience of managing stakeholders.
• Strong oral and written communication skills.

Responsibilities

• Analysing firms' business models and identifying key risks.
• Engaging with firms to influence conduct for better consumer outcomes.
• Supporting supervisory projects using strong analytical skills.

Skills

Analysing qualitative and quantitative information

Stakeholder management

Identifying consumer harm

Effective communication skills

Ability to handle conflicting priorities

Technical knowledge in financial regulation

Curiosity and motivation

Job description

Overview

Salary: National (Edinburgh and Leeds) ranging from £43,100 to £50,000 and London from £47,300 to £55,000 (salary offered will be based on skills and experience). This role is graded as: Associate - Regulatory. Your recruitment contact is Tahir Khan via [e-mail]. Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.

The Portfolio 2 Supervision Team is a fast-paced team responsible for supervising 39 retail banks across several sub-sectors. Role responsibilities include analysing firms\' business models, forming sound judgement on topics such as consumer protection, financial crime, technology transformation and risk management, engaging with firms to influence conduct and delivering supervisory strategies. The FCA seeks to enhance consumer outcomes through effective supervision and regulation.

Responsibilities

• Analysing firms\' business models and strategies and identifying the key risks of harm, dealing with diverse, challenging and complex problems, and finding solutions that contribute to the development, implementation and oversight of effective supervisory strategies
• Forming sound judgement on topics such as consumer protection, financial crime, technology transformation and risk management and delivering this clearly and succinctly to internal and external stakeholders
• Engaging with firms to influence conduct behaviour to deliver better outcomes for their customers, including regarding their business model, financial resilience and culture
• Support, coordinate and help deliver key supervisory projects using strong analysis skills
• Contributing to the wider department, including making recommendations for continuous improvement of processes and identification of sector-wide risks and issues
• Working collaboratively and inclusively, building strong relationships with stakeholders across the Directorate, the wider FCA and external stakeholders such as the Prudential Regulation Authority, and engaging with the FCA Diversity and Inclusion agenda

Qualifications and Skills

• Minimum: Prior experience of analysing qualitative and quantitative information, making judgements and presenting key issues
• Minimum: Proven experience of managing stakeholders
• Essential: Proven experience identifying consumer harm and developing/implementing supervisory strategies to mitigate risks
• Essential: Ability to deal with conflicting priorities, work at pace and adopt a flexible and pragmatic approach
• Essential: Strong oral and written communication skills for building and maintaining relationships with stakeholders at all levels
• Essential: Ability to develop technical knowledge to provide support across relevant workstreams
• Essential: Curiosity and motivation to continually learn and take on new responsibilities

About The FCA And Team

We regulate financial services firms in the UK to keep financial markets fair, thriving and effective. The Retail Banking Directorate oversees supervision and policy for UK retail banking and mortgages, driving outcomes for consumers with a focus on fairness, affordability and consumer protection. This role is within the Retail Banking directorate Portfolio 2 team.

Benefits

• 25 days annual leave plus bank holidays
• Hybrid model with up to 60% remote work
• Non-contributory pension (8-12% depending on age) and life assurance
• 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