Head of Department, Financial Promotions & Enforcement Taskforce

Financial Conduct Authority

Regulating financial services firms and financial markets in the UK, https://www.fca.org.uk/careers


Requirements of the role

The Role

Reporting to the Director of Consumer Investments, the Head of the Financial Promotions and Enforcement Taskforce (FPET), will be accountable for managing the delivery of a high profile, challenging and complex work covering both authorised and unauthorised activities in all sectors.

 

FPET’s overarching role is to reduce harm arising from:

  • Non-compliant financial promotions issued by authorised firms
  • Unauthorised activity, scams, fraud and breaches of the Financial Promotions Order by unauthorised entities
  • Scams and high-risk, non-standard investments where authorised firms are involved in the production and distribution of products
  • Other unregulated activity conducted by authorised firms that has the potential to cause significant customer harm and financial loss.

 

What does the role involve? Key responsibilities:

  • Lead the FCA’s approach to policing the regulatory perimeter and financial promotions including Cryptoasset financial promotions
  • Ensure the effectively prioritisation of work across FPET and CI to ensure delivery of key initiatives/public commitments
  • Lead and inspire 6 teams of c.70 FTE, supporting capabilities by creating a positive team culture where people are supported, empowered and expected to deliver
  • Maintain and improve MI and progress reporting into EFDC and ExCo on key initiatives and public commitments is in place
  • Effectively manage FPET headcount and non-staff costs budgets in line with broader requirements of achieving value for money, cost efficiencies and complying with recruitment and financial management practices

 

Skills/Experience required

We’re a signatory to the Government’s Disability Confident scheme. This means that we guarantee an interview to any disabled candidates entering under the scheme, should they meet the minimum criteria for a role.  A minimum criterion needs to be measurable from reviewing a candidate’s CV

 

Minimum

  • Significant supervisory and/or enforcement experience at senior level, including management of complex strategic issues
  • Significant experience of managing and influencing key stakeholders, including senior decision makers internally and externally
  • Experience in leading multi-disciplined teams of up to 70 people
  • Experience and aptitude using data strategically to systematically assess market and/or firm outcomes
  • Experience driving change and process efficiency/improvements, delivering value for money and innovation

 

Essential

  • Strong stakeholder management and communication capabilities.
  • Experience/knowledge of the regulatory environment.
  • Understanding of the financial services market in the UK and how firms operate within it.
  • Understanding of new or technology-led business models within financial services, or a proven track record of being able to get up to speed with associated risks.
  • Ability to lead significant multidisciplinary projects and programmes which embody effective teamwork.
  • An open and flexible management style and the ability to communicate effectively to a wide-ranging audience with different skills and perspectives
  • Experience of using MI strategically to assess outcomes and measure performance.
  • Ability to influence and work effectively and collaboratively with peers.
  • Ability to learn quickly about relevant regulatory issues.
  • Ability to role-model the FCA values.

 

Desirable

  • Knowledge and awareness of the FCA supervisory and policy approaches.

 

The FCA’s Values & Diversity

Our ambition is to create a diverse and inclusive workplace that reflects the society we serve, helping us to be a better regulator. We serve the public and our decisions directly affect the wellbeing of people, businesses and the UK economy.  So, our values matter.  They represent the culture we aspire to every day, guiding our judgements, building trust and helping us to be ‘At our best’.

We particularly welcome applications from women, disabled, and minority ethnic candidates, as under-represented groups.

All FCA colleagues are expected to demonstrate behaviours in line with our five values – Deliver in the public interest, Act with integrity, Be ambitious, Work inclusively and Connect and deliver. These are embedded in all roles, and through the selection process we check for alignment to our values. For more detail on

our values and core skills, please see here.

As an inclusive employer, we are open to considering flexible working arrangements, including job shares. Please contact our recruiter if you wish to apply for this role on a flexible basis.


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 Location

London

 Contract type

Full time, Permanent

 Profession

Enforcement, Financial, Head of, Promotions, Taskforce


 Working pattern

Flexible working, Hybrid

 Closing Date

19/06/2024