At a Glance
- Tasks: Lead a team in assessing banking authorisations and ensure regulatory standards are met.
- Company: Join the FCA, a key player in UK financial regulation.
- Benefits: Competitive salary, 25 days annual leave, and opportunities for professional growth.
- Why this job: Make a real impact on the future of UK finance while developing your leadership skills.
- Qualifications: Experience in banking or payments, with strong project management and people skills.
- Other info: Dynamic role with a focus on collaboration and problem-solving.
The predicted salary is between 59100 - 80000 £ per year.
Overview
Division: Authorisations Team – Banking Authorisations Team
Salary: National (Edinburgh and Leeds) ranging from £59,100 to £74,000 and London from £64,900 to £80,000 (salary offered will be based on skills and experience)
This role is graded as: Lead Associate - Regulatory
About the FCA and team
We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective. By joining us, you’ll play a key part in protecting consumers, driving economic growth, and shaping the future of UK finance services.
The Authorisations Division serves as the initial point of contact for firms and individuals seeking to provide regulated financial services in the UK, making authorisation decisions to ensure applicants meet the FCA’s standards. The Banking Authorisations Team sits in our Authorisations Division and works closely with the Prudential Regulation Authority (PRA) in assessing whether potential new banks, both domestic and international, meet the standards to operate in the UK market.
Role responsibilities:
- Guide associates with warm and thoughtful technical and strategic leadership, shaping clear and responsible case assessment approaches and ensuring they are delivered with care, timeliness and strong assurance.
- Use supportive and organised project management practices to help each transaction progress smoothly, bringing people together, adjusting priorities with confidence and raising challenges early so they can be resolved through collaborative problem solving.
- Nurture growth and capability across your sub team and the wider department, creating an environment where colleagues feel encouraged, empowered and able to develop their strengths.
- Play an important part in delivering the department workplan, contributing to the Government growth strategy and helping to create more efficient and inclusive regulatory decision making.
Skills required:
- Minimum: Prior expertise in banking and/or payments business models, or substantial experience in making regulatory decisions regarding their appropriateness.
- Proven experience of successfully managing the delivery of a number of long-term projects (assessments) concurrently.
- Demonstrable experience of directing the engagement with senior stakeholders internally and externally.
- Essential: Experience of managing people and operations.
- Ability to assimilate and evaluate information to form judgments and mitigate potential risk.
- Evidence of leading, supporting and assisting colleagues with both technical issues and career development conversations.
- Proactive approach to work including the ability to use your own initiative to identify potential issues.
- A strong team player with the ability to be flexible and pragmatic. Able to adapt to changing circumstances, positively embracing new approaches.
- Ability to balance multiple priorities across a broad portfolio, work collaboratively under pressure and achieve results within tight deadlines.
- Evidence of building and maintaining professional relationships with stakeholders.
Benefits: 25 days annual leave plus
Banking Authorisations Lead in London employer: Financial Conduct Authority
Contact Detail:
Financial Conduct Authority Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banking Authorisations Lead in London
✨Tip Number 1
Network like a pro! Reach out to people in the banking and finance sector, especially those who work at the FCA or similar organisations. A friendly chat can open doors and give you insights that might just help you stand out.
✨Tip Number 2
Prepare for interviews by researching common questions related to banking authorisations. Think about your past experiences and how they relate to the role. We want to hear how you’ve tackled challenges and led teams!
✨Tip Number 3
Showcase your leadership skills! Be ready to discuss how you've guided teams and managed projects. We love candidates who can demonstrate their ability to nurture growth and foster collaboration.
✨Tip Number 4
Don’t forget to apply through our website! It’s the only way to ensure your application gets seen. Plus, it shows you’re serious about joining our team and contributing to the future of UK financial services.
We think you need these skills to ace Banking Authorisations Lead in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your application to highlight how your experience aligns with the role of Banking Authorisations Lead. Use keywords from the job description to show that you understand what we're looking for.
Showcase Your Experience: Don’t just list your previous jobs; explain how your past experiences have prepared you for this role. Focus on your expertise in banking and regulatory decisions, as well as any project management skills you've honed.
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so avoid jargon and ensure your key points stand out. This will help us quickly see why you're a great fit!
Apply Through Our Website: Remember, applications must be submitted through our online portal. Don’t send them via social media or email, as we won’t be able to consider those. Head over to our website to get started!
How to prepare for a job interview at Financial Conduct Authority
✨Know Your Stuff
Make sure you brush up on your knowledge of banking and payments business models. Familiarise yourself with the FCA's standards and recent regulatory changes. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.
✨Showcase Your Leadership Skills
Prepare examples of how you've guided teams or managed projects in the past. Think about times when you’ve had to lead discussions or make tough decisions. Highlighting your experience in nurturing growth and capability will resonate well with the interviewers.
✨Engage with Stakeholders
Be ready to discuss your experience in managing relationships with senior stakeholders. Share specific instances where you’ve successfully navigated complex interactions, as this is crucial for the Banking Authorisations Lead role.
✨Demonstrate Problem-Solving Abilities
Think of examples where you’ve identified potential issues early and resolved them through collaboration. The interviewers will be looking for your proactive approach and ability to adapt to changing circumstances, so come prepared with relevant stories.