At a Glance
- Tasks: Collaborate on policy proposals and present recommendations to key stakeholders.
- Company: Join a leading regulatory body shaping consumer finance in the UK.
- Benefits: Generous annual leave, hybrid working, and comprehensive health benefits.
- Other info: Enjoy a flexible benefits scheme and opportunities for professional growth.
- Why this job: Make a real impact on consumer finance policies and work on high-profile projects.
- Qualifications: Experience in consumer finance or regulation, with strong analytical and communication skills.
The predicted salary is between 52400 - 68000 £ per year.
Division: Supervision, Policy & Competition
Department: Consumer Finance
Salary: National (Edinburgh and Leeds) ranging from £52,400 to £68,000 and London from £57,700 to £75,000 (salary offered will be based on skills and experience)
Role Responsibilities
- Collaboratively work with colleagues to develop policy proposals and take them through internal and external processes
- Draft briefings and papers to explain complex issues
- Present recommendations to the FCA Board and Executive Committees
- Help manage the team’s reactive workload (supporting other teams, responding to MPs letters & queries)
- Work with external stakeholders (e.g., the consumer credit industry, HM Treasury, consumer bodies) to promote our objectives
- Share your knowledge and best practice with colleagues
- Work on high-profile projects including reform of the Consumer Credit Act 1974, the Credit Information Market Study, and our review of our CONC 3 financial promotion roles
Minimum Skills Required
- Prior experience of assessing data and intelligence and identifying relevant issues and themes
- Demonstrable experience of analysing and resolving policy issues
- Experience of communicating complex policy developments effectively to internal and external stakeholders
Essential Qualifications
- Knowledge derived from direct and recent experience of working in the consumer finance market or in the regulation of similar markets
- Experience of leading projects to deliver strategy, framework, risk strategy and controls
- Good understanding of the wider business, economic and market environment
- Well-developed analytical capability with the ability to quickly and clearly draw out key implications from a broad and varied range of information
- A self-managed thinker with a collaborative mind-set and a risk-based approach, including the ability to reach sound and timely judgements which can be justified in a concise and effective manner
- An ability to produce consistently high-quality outputs to tight deadlines
- Effective communication skills with experience in stakeholder management and persuasion
Benefits
- 25 days annual leave plus bank holidays
- Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors)
- Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary
- 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
Senior Consumer Finance Policy Advisor employer: Financial Conduct Authority
As a Senior Consumer Finance Policy Advisor, you will thrive in a dynamic and collaborative environment that values your expertise and insights. With competitive salaries and a robust benefits package including private healthcare and generous annual leave, our organisation prioritises employee well-being and professional growth. Located in vibrant cities like Edinburgh and Leeds, we offer a hybrid working model that promotes work-life balance while engaging in high-profile projects that shape the future of consumer finance.
Contact Details:
Financial Conduct Authority Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Consumer Finance Policy Advisor
✨Tip Number 1
Network like a pro! Reach out to folks in the consumer finance sector, especially those who have experience with policy development. A casual chat can lead to valuable insights and even job leads.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of current consumer finance issues. Be ready to discuss how you can contribute to high-profile projects like the reform of the Consumer Credit Act. Show them you mean business!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview or networking event, drop a quick thank-you email. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you ace your application and get noticed. Plus, it’s the best way to ensure your application lands directly in the right hands.
We think you need these skills to ace Senior Consumer Finance Policy Advisor
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in consumer finance and policy development. We want to see how your skills align with the role, so don’t hold back on showcasing relevant projects you've led!
Showcase Your Analytical Skills:Since this role requires a strong analytical capability, include examples of how you've assessed data and resolved policy issues in the past. We love seeing clear, concise explanations of complex topics, so make it easy for us to understand your thought process.
Communicate Effectively:Your written communication should be top-notch! Use straightforward language and structure your application clearly. Remember, we’re looking for someone who can present recommendations effectively, so let that shine through in your writing.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at StudySmarter!
How to prepare for a job interview at Financial Conduct Authority
✨Know Your Policy Inside Out
Make sure you’re well-versed in current consumer finance policies and the key issues affecting the market. Brush up on recent developments, especially those related to the Consumer Credit Act and the Credit Information Market Study. This will help you articulate your insights and demonstrate your expertise during the interview.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've assessed data and identified relevant themes. Think about how you can clearly explain complex policy issues to different stakeholders. Practising this will not only boost your confidence but also show that you can communicate effectively, which is crucial for this role.
✨Engage with Stakeholders
Familiarise yourself with the key external stakeholders mentioned in the job description, like HM Treasury and consumer bodies. Be ready to discuss how you would approach collaboration with them. This shows that you understand the importance of stakeholder management and can build relationships effectively.
✨Demonstrate Your Project Leadership
Think of instances where you've led projects or initiatives, particularly those that required strategic thinking and risk management. Be prepared to share these experiences, focusing on your ability to deliver high-quality outputs under tight deadlines. This will highlight your capability to manage the reactive workload mentioned in the job description.
