At a Glance
- Tasks: Lead a dynamic team shaping UK banking regulation and financial stability.
- Company: Join HM Treasury, a key player in the UK's financial services sector.
- Benefits: Enjoy 25 days annual leave, flexible working, and a generous pension scheme.
- Other info: Collaborate with top government officials and industry leaders in a high-profile role.
- Why this job: Make a real impact on the future of UK financial services and protect taxpayers.
- Qualifications: Expertise in financial services regulation and strong leadership skills required.
The predicted salary is between 54000 - 66000 £ per year.
We're looking for an outstanding leader with expertise in financial services regulation and a strong track record of delivering change in complex policy environments. You will bring a strong understanding of banking regulation and financial stability, coupled with the ability to navigate complex partner landscapes and provide strategic advice at the highest levels of government.
About the Team
The Banking and Resolution Strategy (BARS) team sits at the heart of HM Treasury's work to maintain a resilient, competitive and innovative financial services sector. We are responsible for developing policy on banking regulation, bank resolution, ring-fencing, prudential reform and financial stability, working closely with Ministers, the Bank of England, regulators and industry partners. This is an exciting opportunity to lead a high-profile team shaping the future of UK financial services regulation and ensuring the UK's framework continues to protect taxpayers, support consumers and maintain the UK's position as a leading global financial centre.
About the Job
This is an exceptional opportunity to lead HM Treasury's Banking and Resolution Strategy (BARS) team, overseeing a high-profile portfolio covering banking regulation, bank resolution, ring-fencing and prudential reform. You will lead a team of around 20 colleagues, advise Ministers and senior officials on complex financial sector issues, and work closely with key partners including the Bank of England, FCA, Financial Services Compensation Scheme, UKAR and UK Government Investments.
Key responsibilities include:
- Leading HM Treasury's work on banking regulation, bank resolution and ring-fencing policy.
- Delivering major financial services reforms, including prudential regulation and Basel 3.1 implementation.
- Providing strategic advice to Ministers and senior leaders on complex regulatory issues.
- Building influential relationships across government, regulators and industry.
- Leading and developing a high-performing team while driving delivery across a demanding policy portfolio.
- Ensuring effective stewardship of HM Treasury's residual UKAR liabilities and associated risks.
About You
We're looking for an experienced and inspiring leader with strong expertise in financial services regulation and a proven track record of delivering complex policy reform. You will bring:
- Deep knowledge of the financial sector, particularly banking regulation and its legislative framework.
- Experience leading policy development across complex and strategically important issues.
- Outstanding leadership skills, with a track record of building and developing high-performing teams.
- The ability to influence senior stakeholders and communicate complex technical issues clearly and effectively.
- Strong relationship-building skills and experience working collaboratively across government, regulators and industry.
Qualifications
A degree in economics, finance, central banking or a related discipline, or equivalent experience in financial sector regulation.
Some of the Benefits our people love!
- 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King's birthday (unless you have a legacy arrangement as an existing Civil Servant).
- Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month.
- Flexible working patterns (part-time, job-share, condensed hours).
- Generous parental and adoption leave packages.
- Access to a generous Defined Benefit pension scheme with employer contributions of 28.97%.
- Access to a cycle-to-work salary sacrifice scheme and season ticket advances.
- A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity.
Director, Banking and Resolution Strategy employer: HM TREASURY
HM Treasury is an exceptional employer, offering a dynamic work environment in Darlington where policy advisers can thrive. With a strong emphasis on personal development, flexible working arrangements, and generous benefits including a defined benefit pension scheme and extensive leave options, employees are encouraged to engage in meaningful projects that enhance their expertise and contribute to the UK's financial market innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Director, Banking and Resolution Strategy
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like HM TREASURY. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Director, Banking and Resolution Strategy
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to HM TREASURY.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on HM TREASURY's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at HM TREASURY
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with HM TREASURY.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at HM TREASURY will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former HM TREASURY employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.