Critical Third Parties Oversight Manager
Job title: Critical Third Parties Oversight Manager
Division: Supervision, Policy and Competition
Department: Critical Third Parties
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Salary: National (Edinburgh and Leeds) ranging from £67,100 to £100,000 and London £79,300 to £120,000 per annum (Salary offered will be based on skills and experience)
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This role is graded as: Manager, Regulatory
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Your external recruitment contact is Shafika via Shafika.shaikh@fca.org.uk
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Your internal recruitment contact is Iona via Iona.magee@fca.org.uk
Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.
About the FCA and team
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.
SPC oversees firms and individuals (supervision), creates and reviews the rules by which they operate (policy) and identifies and remedies ineffective competition in markets (competition). Under FSMA 2023, the FCA has taken on joint responsibility with PRA and the Bank of England for overseeing the operational resilience of CTPs. This is an extremely high profile area of work that is central to the FCA’s work to instil trust in financial services and minimise the impact of operational disruptions on the financial services industry.
Role responsibilities
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Provide leadership to a team of FCA supervisors and operational resilience specialists in delivering the regulators’ joint oversight approach to Critical Third Parties and the services they provide to the FS sector
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Lead meetings with senior executives from CTPs on the resilience of their services
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Play a key role in the Technology, Resilience and Cyber Department’s leadership team, contributing to the delivery of the departmental strategy as we deliver on the FCA's agenda to protect consumers and markets from harm
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Work closely with a range of external stakeholders, including across HM Treasury, the Bank of England, PRA and National Cyber Security Centre and international regulators, on issues to do with systemic risk
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During live incidents affecting a firm, CTP or sector, be on call to respond out of hours and provide specialist input to the FCA's response
Skills required
Minimum
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Demonstrable people management skills, evidence of coaching, motivating and leading a diverse team of people
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Prior experience of developing and delivering strategies to mitigate the risk of harm posed by firms’ business models and culture
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Prior extensive qualitative and quantitative analytical experience
Essential
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Good stakeholder management skills – ability to build effective relationships with internal and external stakeholders
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Good communication skills, both written and oral (ability to convey complex issues in a coherent and compelling way, including for communicating technical issues to...