Senior Wealth Management Supervisor â 12 Month Fixed Term Contract in Edinburgh

Senior Wealth Management Supervisor 12 Month Fixed Term ContractDivision Consumer InvestmentsSalary - National (Edinburgh and Leeds) ranging from 52400 to 64500 and London 57700 to 68500 per annum (Salary offered will be based on skills and experience)About the FCAThe FCA regulates the conduct of 45000 firms in the UK to ensure our financial markets are honest fair and competitive. Follow this link to find out more About the FCAAs well as supporting growth our wealth management supervision team is focussed on reducing and preventing serious harm arising from financial crime and poor client outcomes linked to the Consumer Duty. The team supervises retail discretionary and advisory portfolio managers and stockbrokers. The role will include a significant amount of external firm engagement where we increasingly use data to support a proactive approach. This sector plays a crucial role to help millions of clients manage their investments and achieve their goals but some firms have shown complacency and there is a positive opportunity to raise standards by working together. You will also get hands on experience of using a wide range of regulatory tools and powers as part of our assertive and proportionate approach when harm is identified.These roles sit within the Advisers Wealth & Pensions (AWP) Department which sits within the Consumer Investments (CI) DirectorateWhat will you be doingDeveloping supervision and mitigation strategies setting clear expectations to firms influencing persuading and where appropriate using formal powers to deliver better outcomes for consumers in line with our Consumer Duty and Financial Crime prioritiesAnalysing the business models/strategies of firms and identifying how risks could cause harm to consumers and/or marketsDeveloping constructive working relationships with senior management in firmsBeing involved in cross-department/FCA wide initiativesManaging key stakeholder relationships both internal and externalWorking at pace to make sound judgements and joining the dotsWhat will you get from the roleOpportunity to support supervision strategies in relation to Consumer Duty and/or Financial Crime with exposure to a variety of business models and firm typesOpportunity to work in a complex high profile red portfolio and supervising a sector which impacts millions of clients across the UKUnique insight into the workings of firms across the sector and influencing firms senior management and behaviourExposure to senior stakeholders and a diverse cross divisional FCA approach that includes Prudential Resolution Financial Crime and Enforcement actionOpportunity to deliver our vision across firms that operate in the sector to protect and support consumersWhich skills are requiredWe 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)MinimumPrior experience in financial advice wealth management or investment intermediary sectors. Alternatively experience in a related financial services role within regulatory consultancy or compliance firmPrior experience of making timely risk-based decisions with clear analysis and justification and putting an appropriate strategy in placeEssentialAbility to build effective working relationships to support the delivery of supervisory outcomes flexing your style to build consensus and influence a range of diverse stakeholdersOwnership of problems and drive forward pragmatic action-based solutionsAbility to adapt to change and manage priorities which may change at short noticeAbility to influence and negotiate while maintaining the integrity of the issues that need to be conveyedSound understanding of the Consumer Investments sector or willingness to learn including knowledge of retail investment products and services and the key risks posed by firms in the sectorPrior experience in a role where concise written communication skills was requiredOur Values & DiversityWe 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 FCA25 days holiday per year plus bank holidaysHybrid working (work from home up to 60% of your time)Private healthcare with BupaA 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 salaryIncome protectionWe 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 cant 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 FCAApplication SupportWe 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 TimelineThis is a 12 Month Fixed Term ContractThis role is graded as Senior AssociateAdvert Closing Date: 30th of JulyCV Review/Shortlist: 31st of JulyFirst Round Case Study Assessment: 1st of AugustCase Study Review/Shortlist: Week commencing for 4th of AugustCompetency Based interview: Week commencing 11th of AugustYour 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 questionIf you are interested in learning more about the role please contact Riley Fox at Applications must be submitted through our online portal. Applications sent via email will not be accepted.Required Experience:Manager Key Skills IVR,SOAP,Avaya,Solaris,Cost Accounting Standards,Database Design,Hibernate,ITIL,Weblogic,Express.js,Contracts,ASP Employment Type : Full-Time Experience: years Vacancy: 1 Yearly Salary Salary: 57700 - 68500