At a Glance
- Tasks: Manage counter fraud initiatives and foster a culture of vigilance within HM Treasury.
- Company: Join the dynamic team at HM Treasury, shaping financial integrity.
- Benefits: Enjoy 25 days annual leave, flexible working, and a generous pension scheme.
- Other info: Collaborative environment with opportunities for professional growth and development.
- Why this job: Make a real impact in public finance and enhance your career in risk management.
- Qualifications: Experience in Risk, Assurance or Counter Fraud is essential.
The predicted salary is between 36000 - 60000 £ per year.
Are you an enthusiastic, organised and adaptable team member who thrives in a complex, fast paced environment? If so, we would love to hear from you!
About the Team
The Treasury’s Risk, Assurance and Counter Fraud team plays a central and strategic role within the wider Finance Team in the Corporate Centre Group. We lead on the identification, assessment and mitigation of key organisational risks, ensuring robust assurance frameworks are in place to support decision making and safeguard public funds. The team is responsible for designing and delivering effective counter fraud measures, promoting a culture of vigilance and accountability across the department. Working at the heart of Finance, collectively we provide expert financial advice and accurate information for parliamentary control and public accountability, supporting both departmental priorities and the wider Government Finance Function, a network of over 10,000 finance professionals across the civil service. Finance is made up of approximately 50 staff based across London, Norwich and Darlington sites.
About the Job
In this role, you will:
- Manage regular counter fraud commissions, including delivery and oversight of the annual action plan that sets counter fraud priorities for each financial year and drive continuous improvement and compliance against the Counter Fraud Functional Standards.
- Foster an effective counter fraud culture across the department, managing oversight of HM Treasury’s Arms-Length Bodies and continuously building capability and awareness through targeted communications, bespoke training and ongoing engagement.
- Provide timely and proactive advice and support to policy and spending teams on Initial Fraud Impact Assessments (IFIAs) and Fraud Risk Assessments (FRAs).
- Coordinate internal (Government Internal Audit Agency) and external (National Audit Office) audit processes, including report clearances through the Finance Director and Permanent Secretary ahead of publication and build effective working relationships with our key audit partners.
The successful candidate will use a business partnering approach to establish effective working relationships with key partners and promote a risk aware, counter fraud culture throughout the organisation. You will champion continual improvement, regularly reviewing and enhancing risk and assurance practices to ensure Treasury remains resilient, compliant and at the forefront of best practice in counter fraud and risk management.
About You
You will:
- Have experience of Risk, Assurance or Counter Fraud.
- Be able to establish effective relationships internally and externally, collaborating to deliver against objectives and sharing of information, resources and support.
- Communicate with a range of partners using appropriate styles and methods to maximise engagement, understanding and impact, explaining complex information in a way that is easy to understand.
- Use evidence and knowledge to support accurate, expert decisions and advice, carefully considering alternative options, implications and risks.
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.
For more information about the role and how to apply, please follow the apply link. If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the recruitment team at hrrecruitment@hmtreasury.gov.uk.
Seniority level: Associate
Employment type: Full-time
Job function: Other
Industries: Public Policy Offices
Risk, Assurance and Counter Fraud Manager 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 Risk, Assurance and Counter Fraud Manager
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like HM Treasury looking for candidates who are engaged and informed.
We think you need these skills to ace Risk, Assurance and Counter Fraud Manager
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at HM Treasury. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at HM Treasury
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with HM Treasury’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
