At a Glance
- Tasks: Join the Financial Services Consumer Panel to represent consumer interests in financial services.
- Company: Be part of the Financial Conduct Authority, a leading regulator in the UK.
- Benefits: Gain valuable experience, network with industry leaders, and contribute to impactful policy development.
- Other info: Diverse and inclusive workplace committed to improving financial services for all.
- Why this job: Make a real difference for consumers while developing your skills in a dynamic environment.
- Qualifications: Experience in financial services policy and strong analytical skills required.
The predicted salary is between 30000 - 40000 £ per year.
An exciting opportunity has arisen for high performing individuals with expertise in financial services and consumer policy to join the Financial Services Consumer Panel (the Panel). The Financial Conduct Authority is the conduct regulator for nearly 42,000 financial services firms and financial markets in the UK and the prudential supervisor for 41,000 firms, setting specific standards for 17,000 firms.
The role of the Panel
The Panel is established under statute and is independent of the Financial Conduct Authority (FCA). It represents the interests of consumers of financial services (including small business consumers) to the FCA. Its vision is for financial services markets to work well for consumers. Its role is to ensure that the consumer interest is considered as part of the FCA’s policy development and implementation.
The roles require an affinity with the interests and concerns of consumers from across all socio-economic and demographic backgrounds and small businesses, and the ability to analyse new initiatives and policy across the breadth of the FCA’s activities from the consumer perspective. Demonstrable experience of policy development in financial services, with a track record of providing advice or constructive challenge to senior officials.
A sound understanding of the FCA’s role and objectives and the impact of FCA policy and regulation on financial services and, by extension, on consumers, and the ability to quickly grasp a wide range of complex financial issues. Strong analytical and drafting skills and the ability to engage, collaborate and communicate effectively with FCA and other stakeholders at all levels, including at Board and Executive Committee level.
The ability to act in an independent advisory capacity and to respect the confidential nature of discussions. All applicants are required to demonstrate that they do not have other interests likely to conflict with their responsibilities as an appointment by the FCA. Any potential conflict of interest should be declared as early as possible in the selection process. As such, these positions are not suitable for those who are currently employed in FCA regulated firms.
As a forward-facing organisation which is continually working to drive improvements for everyone who uses financial services, the FCA is looking for people who share our openness and determination. In addition to gender diversity, the FCA’s commitment to diversity and inclusion has a broader range which includes disability, ethnicity, LGBT and gender identity through to mental health.
Financial Services Consumer Panel Members in London employer: PSR Limited
Contact Detail:
PSR Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Services Consumer Panel Members in London
✨Tip Number 1
Network like a pro! Reach out to people in the financial services sector, attend industry events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its values. Understand the FCA's role and how it impacts consumers. This will help you tailor your answers and show that you're genuinely interested in the position.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to get comfortable with common questions. The more you practice, the more confident you'll feel when it's time for the real deal.
✨Tip Number 4
Don't forget to apply through our website! It's the best way to ensure your application gets seen. Plus, it shows you're serious about joining the team and helps us keep track of all applicants.
We think you need these skills to ace Financial Services Consumer Panel Members in London
Some tips for your application 🫡
Know Your Stuff: Before you start writing, make sure you understand the role and the FCA's objectives. Tailor your application to show how your experience aligns with their mission and the interests of financial services consumers.
Be Clear and Concise: When drafting your application, keep it straightforward. Use clear language and avoid jargon. The easier it is for us to read, the better your chances of standing out!
Show Your Passion: Let your enthusiasm for consumer advocacy shine through! Share examples of how you've engaged with consumer issues in the past, and why you're excited about the opportunity to contribute to the Panel.
Apply Through Our Website: Don't forget to submit your application through our official website. It’s the best way to ensure your application gets into the right hands and is considered properly!
How to prepare for a job interview at PSR Limited
✨Know Your Stuff
Make sure you have a solid understanding of the Financial Conduct Authority's role and objectives. Brush up on current financial services policies and how they impact consumers. This will help you engage in meaningful discussions during the interview.
✨Show Your Analytical Skills
Prepare to demonstrate your analytical abilities. Think of examples where you've successfully analysed complex issues or provided constructive feedback. Be ready to discuss how you can apply these skills to the role of a Consumer Panel Member.
✨Communicate Effectively
Practice articulating your thoughts clearly and confidently. The ability to communicate with stakeholders at all levels is crucial, so consider rehearsing answers to common interview questions with a friend or in front of a mirror.
✨Be Yourself
The FCA values diversity and inclusion, so don’t be afraid to bring your unique perspective to the table. Share your experiences and insights that relate to consumer interests, and show how your background can contribute to the panel's mission.