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- Tasks: Audit and analyse data processes for banks, ensuring compliance with quality standards.
- Company: Join a purpose-driven organisation committed to exceptional service and employee wellbeing.
- Benefits: Enjoy 26 days annual leave, private medical insurance, and generous pension contributions.
- Why this job: Make a real impact in the banking sector while developing your analytical skills.
- Qualifications: Strong analytical skills and experience in auditing or testing IT systems.
- Other info: Flexible working environment with opportunities for personal and professional growth.
The predicted salary is between 36000 - 60000 £ per year.
The role of the SCV Data Assurance Analyst is to audit the processes and controls that Banks and Building Societies have in place to deliver a Single Customer View to FSCS and to perform an assessment of the data they supply against FSCS' quality and integrity standards and in line with PRA (Prudential Regulation Authority) rules.
My Priorities - What I will deliver
- Undertake detailed analysis of SCV (Single Customer View) data provided by deposit taking firms
- Perform compliance audits of deposit takers' SCV systems and processes
- Discuss findings from the audits with the regulators and deposit takers
- Assist with the FSCS payout process that triggers when deposit takers fail
- Act as a subject matter expert, giving SCV advice to deposit takers over the phone and via email
- Produce audit reports
- Keep procedures and process maps updated
- Contribute to the internal risk management process of the team
- Assist in the development of our internal system by raising possible system issues and performing simple user acceptance testing and providing feedback to developers
Knowledge, skills and experience
We have identified the following skills, knowledge, and experience as essential for success in this role however we understand that everyone's learning journey is different and there is no one size fits all. If you feel you have many of the below strengths but don't tick all the boxes, we'd still love to hear from you.
- Prior experience in auditing or testing IT systems and communicating findings
- Strong analytical skills and the ability to work with large amounts of data
- Good Microsoft Office skills (especially Word, Excel and PowerPoint)
- Experience in assimilating and analysing multiple information sources
Desired
- Knowledge of the regulatory environment of the UK Banking sector
- Some knowledge of FSCS
- Technical experience using SQL to perform operations on databases
- Awareness of the PRA (Prudential Regulation Authority) Rulebook
Working at the FSCS
At FSCS we are purpose driven and committed to delivering an exceptional service and results for our customers. We have invested greatly in a flexible people offering that we're proud of, that our employees love and that supports and promotes diversity, inclusion, and overall wellbeing. Key benefits include:
- Employer pension contributions from 9%+ dependant on your contributions and length of service
- Life assurance, income and critical illness protection
- Private medical and dental insurance
- EAP and Virtual GP
- 26 days annual leave + bank holidays and option to sell 5 or buy up to 9 additional days per annum to suit your lifestyle
- Enhanced Maternity, Paternity and Adoption leave - 6 months full pay
- Additional discounts and options to earn rewards to spend at your choice of retailer
To Apply
Use the Apply Now button to apply with your CV. We are happy to consider any reasonable adjustments that candidates may need during the recruitment process, and you will be asked whether you require any during your application. If there are additional options you'd like to request, please contact recruitment@fscs.org.uk. We also offer reasonable adjustments on the job.
SCV Data Assurance Analyst in London employer: The Financial Services Compensation Scheme Ltd
Contact Detail:
The Financial Services Compensation Scheme Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land SCV Data Assurance Analyst in London
✨Tip Number 1
Network like a pro! Reach out to folks in the banking and finance sector, especially those who work with SCV data. A casual chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Brush up on your SQL skills! Since this role involves working with databases, being able to demonstrate your technical prowess in SQL during interviews can really set you apart from the competition.
✨Tip Number 3
Prepare for those tricky interview questions! Think about how you would audit SCV systems and what compliance means in practice. Show us that you can think critically and apply your knowledge to real-world scenarios.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love hearing from candidates who are genuinely interested in joining our team.
We think you need these skills to ace SCV Data Assurance Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight any auditing or data analysis experience you have, as well as your familiarity with the UK banking sector. We want to see how you fit into our world!
Show Off Your Analytical Skills: Since this role involves working with large amounts of data, be sure to showcase your analytical skills. Include examples of how you've successfully analysed data in the past, and don’t forget to mention your Microsoft Office prowess, especially with Excel!
Be Clear and Concise: When writing your application, clarity is key! Use straightforward language and get straight to the point. We appreciate a well-structured application that makes it easy for us to see your qualifications and enthusiasm for the role.
Apply Through Our Website: Don’t forget to hit that 'Apply Now' button on our website! It’s the best way to ensure your application gets to us directly. Plus, if you have any questions or need adjustments during the process, we’re just an email away at recruitment@fscs.org.uk.
How to prepare for a job interview at The Financial Services Compensation Scheme Ltd
✨Know Your SCV Inside Out
Make sure you understand the concept of Single Customer View (SCV) and its importance in the banking sector. Familiarise yourself with how banks and building societies implement SCV processes, as well as the regulatory standards set by the PRA. This knowledge will help you demonstrate your expertise during the interview.
✨Brush Up on Your Auditing Skills
Since the role involves auditing processes and controls, be prepared to discuss your previous experience in auditing or testing IT systems. Think of specific examples where you've identified issues and communicated findings effectively. This will show that you can handle the responsibilities of the role.
✨Get Comfortable with Data Analysis
The job requires strong analytical skills and the ability to work with large datasets. Practice using Excel for data manipulation and analysis, and be ready to talk about any tools or techniques you’ve used in the past. Highlighting your technical experience, especially with SQL, will give you an edge.
✨Prepare Questions for Your Interviewers
Interviews are a two-way street, so come prepared with insightful questions about the role, team dynamics, and the company's approach to risk management. This shows your genuine interest in the position and helps you assess if it's the right fit for you.
