Back to jobs

Manager - Retail Banking - Regulatory & Payments

Job description

The provision of financial services and the associated controls firms require are evolving in new and interesting ways. Technological advancement, changing consumer behaviour, and competition are driving this change, and we are working to build suitable new regulatory solutions with our clients. The solutions and skill-set our clients require is increasingly not just traditional regulatory insights, but also an ability to understand the opportunities offered by technology in delivering new innovative solutions.

Your key responsibilities:

  • You will understand the regulatory changes our payments face, including large retail banks, and deliver analysis and insight to help them work through these changes
  • You will support the development of service offering. In particular, you should have an understanding of the payments ecosystem to help clients solve their regulatory challenges
  • Lead complex work-streams or projects to deliver outstanding quality results often within a complex and challenging environment
  • Lead analysis of emerging solutions and innovative ideas, including the development of points of view
  • Build a diverse and high performing team for each project, considering the needs of the team and the client, to enhance the development and capability of others to support their career development
  • Lead effectively as a team member, delegating, providing support, maintaining communication, and updating senior team members on progress
  • You will be involved in preparing high quality reports that draw out key industry and regulatory insights
  • You will get involved in client campaigns; from researching new regulations to assisting effective business implementation
  • You will develop presentations that are clear and impactful, translating services into meaningful value propositions for clients
  • You will help identify where information should be sourced, and lead your team to draw this evidence together as the foundation on which your team will base recommendations
  • You will manage engagement financials, working with the team to determine whether requirements are adequately defined and documented

Skills and attributes for success:

  • A clear understanding of the strategic implications of regulation
  • Demonstrable awareness of regulatory trends and the emergence of regulatory technology solutions
  • Being able to translate regulatory requirements into business solutions
  • Involvement in and awareness of the remediation of regulatory issues
  • Understanding of payments regulatory frameworks across UK, European and Global regulatory jurisdictions
  • Strong stakeholder management of senior personnel
  • Building relationships with colleagues across Advisory and the wider business, supporting them and promoting a collaborative culture
  • Strong insights into areas of Payments such as the New Payments Architecture, Open Banking, and Authorised Push Payment fraud.
  • Being able to explain regulatory requirements to your client and team, and translate them into action

We are looking for individuals with:

  • Relevant regulatory experience within payments the retail financial services. This may be from working at the financial authorities, a large financial services organisation, or a dynamic new market entrant. It may also be that you have worked for another consultancy firm, or relevant industry body.
  • Knowledge of the payments regulatory framework and current UK, European and Global regulatory topics
  • Great communication skills, with the ability to work with a variety of stakeholders at all levels and to envision the bigger picture
  • Awareness of and insights gained from payments industry fora, such as implementation of ISO20022, and an ability to apply these to regulatory analysis
  • Flexibility - both in your approach and your openness to travel where required by the client
  • Enthusiasm and a real desire to work effectively as part of a team to achieve shared objectives
  • Clear evidence of successful performance in previous roles
  • The ability to demonstrate leading a team to help a client understand and adapt to regulatory change

Visit the IDEX Consulting Ltd website for further opportunities. We value diversity and always provide guidance based on merit. Please note that the information supplied may be retained for up to 3 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.