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Manager, Retail Banks & Mutuals - CBU Supervision

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Financial Services Authority (FSA) Banking Manager

The retail banking industry is under intense pressure on the current economic climate and is the focus of Government and Parliamentary attention. There are and will be significant changes in the coming years from new technology, new entrants and in response to regulatory initiatives. The role of the regulator in securing good consumer outcomes is important and challenging. The Retail Banks and Mutuals Departments in the CBU Supervision Division will supervise the UK's retail banking sector. Fir ... + ms in this sector include banks, building societies, credit unions, payment services providers and e-money providers. They are central to the operation of the financial system. Millions of consumers use their products and services, every day, for routine payments, savings and other financial purposes. Each team will assess and mitigate (mainly) conduct risks that are presented by a portfolio of firms. This portfolio will include a mixture of low to high risk retail banks and building societies. x

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