At a Glance
- Tasks: Join a dynamic team to manage and improve technology problem processes.
- Company: The FCA ensures fair and honest financial markets in the UK.
- Benefits: Enjoy hybrid working, 25 days holiday, private healthcare, and a competitive pension scheme.
- Why this job: Make a real impact by driving innovation and shaping new processes in a supportive environment.
- Qualifications: Experience in problem management and ITIL v4 knowledge is essential.
- Other info: Flexible working arrangements available; we value diversity and inclusion.
The predicted salary is between 42400 - 80600 £ per year.
Problem Manager 6 Month FTC
Division – Technology Resilience Department - Service Desk Services
Salary - National (Edinburgh and Leeds) ranging from £52,400 to £80,600 and London £57,700 to £88,600 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.
What will you be doing?
- You will join the Technology Problem Management team within Technology Resilience, consisting of four members: one Lead and three Problem Managers. This team is responsible for the end-to-end Problem Management process, driving an industry-leading strategy to enhance capabilities in root cause identification, overseeing actions resulting from high-priority incidents and implementing proactive Problem Management practices.
- In addition, the role involves producing management information and dashboards that provide a comprehensive “state of the nation” view of the Problem estate. These insights will support various reporting requirements and service/governance forums, including the weekly Service Governance Board.
- Chair regular Problem Management reviews with FCA Product Groups on a bi-weekly or monthly basis to drive service improvements and advance the maturity of the Problem Management capability alongside Leading Initial Problem Reviews (IPRs) for all high-priority P1/P2 incidents.
- Define, refine and communicate Problem Management frameworks, policies and procedures, ensuring alignment and collaboration with third parties for consistent delivery.
- Act as Major Incident cover for the wider Service Operations team, coordinating resolution efforts to ensure timely incident management.
- Monitor SLA and KPI performance of managed service providers related to Problem Management, ensuring compliance and continuous improvement.
- Develop and maintain Problem Management dashboards to provide comprehensive visibility into problem performance across the estate, including tracking and managing all open actions.
- Deliver high-quality management information and senior stakeholder communications by translating complex technical details into clear, accessible insights; support and represent Problem Management at the weekly Service Governance Board; and collaborate with the Senior Service Delivery Manager and Service Operations team to create a proactive Problem Management strategy.
What will you get from the role?
- Be part of a growing, large team that’s evolving from reactive to proactive ways of working, offering you the chance to drive meaningful change and innovation.
- Shape and build a new function from the ground up, with plenty of opportunities to design and continuously improve processes your way.
- Make a real impact by bringing your unique perspective, focusing on proactive insights, trending analysis and exploring exciting new areas beyond the usual scope.
- Join a supportive, dynamic team where you can take full ownership of key processes and contribute to a respected, forward-thinking company.
Which skills are required?
- Minimum Experience working as a Problem Manager or Problem Analyst, handling major technology failures and conducting root cause investigations.
- Experience applying problem management methodologies to understand why issues occur and prevent recurrence.
- Experience supporting IT infrastructure environments related to problem management activities.
- In-depth knowledge of ITIL v4 Problem Management framework and lifecycle, supported by relevant certification is highly advantageous.
- Demonstrable success in developing and implementing innovative problem management processes or improvements.
- Advanced proficiency in ServiceNow for problem tracking, analysis and reporting functions.
- Expertise in using data-driven techniques for proactive detection of problem trends and systemic issues.
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.
Benefits of working at the FCA
- 25 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.
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.
Useful Information and Timeline
This role is graded as Senior Associate - Regulatory.
Advert Closing Date: Midnight 07 July (please submit your application by 11.59pm 06 July).
CV Review/Shortlist: w/c 07 July.
Interview: w/c 14 July.
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 Sonika.Suryadevara@fca.org.uk. Applications must be submitted through our online portal. Applications sent via email will not be accepted.
Problem Manager FTC employer: Financial Conduct Authority
Contact Detail:
Financial Conduct Authority Recruiting Team
Sonika.Suryadevara@fca.org.uk
StudySmarter Expert Advice 🤫
We think this is how you could land Problem Manager FTC
✨Tip Number 1
Familiarise yourself with the ITIL v4 Problem Management framework, as this is crucial for the role. Consider obtaining relevant certifications if you haven't already, as they can significantly boost your credibility.
✨Tip Number 2
Showcase your experience with ServiceNow during networking opportunities or interviews. Being able to discuss specific instances where you've used it for problem tracking and analysis will demonstrate your hands-on expertise.
✨Tip Number 3
Prepare to discuss your approach to root cause analysis and how you've successfully implemented proactive problem management strategies in past roles. This will highlight your ability to drive meaningful change.
✨Tip Number 4
Engage with current employees or alumni from the FCA on platforms like LinkedIn. Gaining insights into their experiences can provide you with valuable information about the company culture and expectations.
We think you need these skills to ace Problem Manager FTC
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience as a Problem Manager or Analyst. Focus on your skills in handling major technology failures, conducting root cause investigations, and applying problem management methodologies.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the FCA. Discuss how your background aligns with their needs, particularly your knowledge of ITIL v4 and experience with ServiceNow.
Showcase Your Achievements: Use specific examples to demonstrate your success in developing and implementing innovative problem management processes. Quantify your achievements where possible to make a stronger impact.
Prepare for the Interview: Research common interview questions for Problem Managers and prepare your answers. Be ready to discuss your experience with data-driven techniques for proactive detection of problem trends and how you can contribute to the FCA's goals.
How to prepare for a job interview at Financial Conduct Authority
✨Understand the Problem Management Framework
Make sure you have a solid grasp of the ITIL v4 Problem Management framework. Be prepared to discuss how you've applied this in previous roles, and think about specific examples where you've successfully implemented problem management processes.
✨Showcase Your Analytical Skills
Since the role involves data-driven techniques for detecting trends, come ready to demonstrate your analytical skills. Prepare to discuss how you've used data to identify root causes and prevent future issues, perhaps with examples from your past experiences.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Think through potential high-priority incidents and how you would lead initial problem reviews or coordinate resolution efforts. Practising these scenarios can help you articulate your thought process clearly.
✨Communicate Clearly and Effectively
As you'll be required to translate complex technical details into accessible insights, practice explaining technical concepts in simple terms. This will not only help you in the interview but also demonstrate your ability to communicate effectively with senior stakeholders.