At a Glance
- Tasks: Shape the future of finance by developing impactful policies in open finance.
- Company: Join the Financial Conduct Authority, a leader in regulating UK financial services.
- Benefits: Enjoy 25 days leave, private healthcare, and a non-contributory pension.
- Other info: Flexible hybrid working model with opportunities for professional development.
- Why this job: Make a real difference in consumer finance while growing your career.
- Qualifications: Experience in policy making and strong stakeholder management skills required.
The predicted salary is between 40000 - 50000 € per year.
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.
Sitting in the Payments and Digital Assets directorate, the Open finance department has the potential to be a key driver of growth and competition in the UK financial services sector, presenting a significant opportunity for the UK. By enabling safe, consumer-permissioned data sharing beyond payments, open finance can unlock better products and services and improved outcomes for consumers and businesses.
We are strengthening our focus in this area in line with the FCA’s strategy. Our work is focused on developing policy that supports the safe and effective evolution of open finance, including considering how data sharing frameworks could extend across different financial services sectors, promote competition and choice, and support innovation and growth.
Role responsibilities- Working with industry participants to deliver voluntary initiatives in line with the outcomes set in the FCA’s strategy
- Analysing information to develop policy proposals
- Public consultation on changes to FCA rules and guidance
- Influencing stakeholders and market developments to ensure FCA priorities are reflected in changes taken forward by others
- Supporting Senior Associates with policy development, stakeholder engagement and delivery of team priorities, including coordinating inputs and drafting materials
- Engaging with external partners (including government, regulators, industry bodies, firms and consumer groups) to gather evidence, test proposals and communicate FCA policy direction
- Prior policy making experience or proven experience of analysing and using information from a range of sources to form a judgement in a regulated field
- Prior experience presenting key issues clearly and succinctly both orally and in writing
- Prior experience of building and managing relationships with stakeholders
- Experience of analysing information and contributing to the development of policy
- Evidence of problem solving and organisational skills with the ability to manage a variety of competing priorities and issues
- Good stakeholder management with the ability to build a network across and beyond the organisation
- Willingness to learn, support and develop, taking on new responsibilities and adopting a flexible and pragmatic approach to your work
- 25 days annual leave plus bank holidays
- 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
- Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders)
Policy Advisor – Open Finance (12 Months Fixed Term Contract) employer: PSR Limited
The Financial Conduct Authority (FCA) is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration in the heart of London. With a strong commitment to employee development, the FCA provides extensive benefits including generous annual leave, a non-contributory pension scheme, and private healthcare, all while promoting a healthy work-life balance through a hybrid working model. Joining the FCA means being part of a mission-driven organisation dedicated to shaping the future of financial services, where your contributions directly impact consumers and the economy.
StudySmarter Expert Advice🤫
We think this is how you could land Policy Advisor – Open Finance (12 Months Fixed Term Contract)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend 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. Tailor your answers to show how your skills align with their mission. Practice common interview questions to boost your confidence!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you on their radar.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Policy Advisor – Open Finance (12 Months Fixed Term Contract)
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your application for the Policy Advisor role. Highlight your relevant experience in policy making and stakeholder management, and show us how you can contribute to our mission at StudySmarter.
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and avoid jargon. We want to see your ability to present key issues succinctly, just like you would in a policy proposal.
Show Your Passion:Let your enthusiasm for open finance shine through! Share why you're excited about this area and how you can help drive innovation and competition in the financial services sector.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at PSR Limited
✨Know Your Policy Stuff
Make sure you brush up on current policies related to open finance. Understand the FCA's strategy and how it impacts the financial services sector. Being able to discuss recent developments will show your genuine interest and expertise.
✨Stakeholder Engagement Skills
Prepare examples of how you've successfully built relationships with stakeholders in the past. Think about specific instances where you influenced decisions or collaborated on projects. This will demonstrate your ability to manage relationships effectively.
✨Analytical Mindset
Be ready to showcase your analytical skills. You might be asked to interpret data or develop policy proposals during the interview. Practise explaining your thought process clearly and succinctly, as this is crucial for the role.
✨Flexibility and Problem-Solving
Highlight your adaptability and problem-solving abilities. Prepare to discuss situations where you had to juggle multiple priorities or adapt to changing circumstances. This will illustrate your readiness to take on new responsibilities in a dynamic environment.
