Deputy Director, Financial Products & Services

Deputy Director, Financial Products & Services London, England

HM Revenue and Customs
Full Time London, England 73000 - 76500 GBP ANNUAL Today
Job description

Details

Reference number

292142

Salary

£73,000 - £76,500
£73,000 (National) and £76,500 (London) Please note: Existing civil servants will be appointed in line with the Civil Service pay rules in place on the date of their appointment.

Job grade

SCS Pay Band 1

Contract type

Permanent

Business area

HMRC - CS&TD - Business, Assets & International Policy

Type of role

Policy
Senior leadership
Tax Profession

Working pattern

Full-time

Number of jobs available

1

Contents

    Location

    About the job

    Benefits

    Things you need to know

    Apply and further information

Location

Birmingham, Edinburgh, Liverpool, London, Nottingham

About the job

Job summary

In Customer Strategy and Tax Design, we are working to build a trusted, modern tax administration system – one that brings in revenue for public services, makes it easy to get it right, is valued and trusted, and which promotes sustainable economic growth.

  • We design the tax, payments and customs system.
  • We focus on customer experience to improve the system.
  • We use professional expertise and analysis so that HMRC can bring in maximum revenue, make payments, and assure the system’s integrity.
  • We lead delivery of policy changes, and use our expertise to improve design for the future.
  • We have roles that are interesting and challenging, with opportunities to innovate, collaborate and develop.

Job description

As Deputy Director, Financial Products & Services, you will lead a team of around 30 people and will be responsible for the tax regimes for banks, insurers, asset managers, a wide variety of investment vehicles, and recognised stock exchanges. Your remit also includes the tax rules applicable to financial transactions, such as loans and derivatives, and innovative areas such as cryptoassets.

The team works to improve the tax system, securing tax revenue, while encouraging investment into the UK economy, incentivising growth and identifying ways to increase simplicity and reduce costs for HMRC and our customers. In particular, we work closely with policy partners in HM Treasury, the financial regulators and industry stakeholders on new policy and legislation to improve the tax system and ensure it keeps pace with external developments in the financial and fintech sectors.

The team works closely with colleagues across HMRC’s Customer Compliance Group to prevent and address non-compliance, including the use of financial transactions financial transactions for base erosion and profit shifting. You will play a vital role in minimising the tax gap by designing out opportunities for non-compliance and supporting case work and high value litigation.

Key Responsibilities:

  • Lead and develop a team of around 30 tax and policy professionals
  • Provide highly visible people leadership, building an inclusive culture and championing staff engagement;
  • Make a strong contribution to the leadership of BAI and HMRC more widely, setting the strategy and direction of the directorate as a member of the BAI Senior Leadership team.
  • Be responsible for a wide range of tax legislation applying to different types of financial businesses and transactions
  • Work in close and effective partnership with HM Treasury, regulators and industry to develop new policy and legislation in order to meet the government’s policy objectives
  • Contribute to HMRC’s strategic objectives for a modern and trusted tax administration, working on measures to reduce the tax gap, improve the customer experience and support the UK economy
  • Act as joint Senior Responsible Officer for the Code of Practice on Taxation for Banks
  • Support operational compliance colleagues to ensure consistent and effective operation of the tax rules, advise on risk assessment, and provide guidance and certainty to customers and advisers where appropriate
  • Provide leadership and support for high value litigation
  • Represent HMRC effectively with senior external stakeholders

Person specification

As a senior leader in HMRC, you will play a key role in the leadership of the department. You will have a passion for building capability and an inclusive culture and for innovation to improve tax policy and administration.

You should be comfortable working at pace in a complex, fast-moving, multi-stakeholder environment with high levels of senior visibility.

You will need to work collaboratively and be prepared to work confidently with ambiguity, able to range between technical detail and strategic considerations, be a good communicator with strong inter-personal skills.


Essential Criteria:

  • Excellent leadership skills, with experience of building and leading diverse teams and a proven record of delivering through others;
  • Experienced tax or policy professional with a strong track record in developing policy and legislation, able to lead the design and development of innovative tax policy and technical solutions
  • Ability to develop and lead strategic approaches, working across organisational boundaries
  • Excellent stakeholder management and communication skills, able to deal confidently with senior internal and external stakeholders (including senior officials and ministers).
  • Ability to think strategically, challenge effectively and communicate clearly on complex financial and technical issues
  • Ability to work under pressure and to respond quickly to changing circumstances and tight timetables

Benefits

Whatever your role, we take your career and development seriously, and want to enable you to build a really successful career with the department and wider Civil Service. It is crucial that our employees have the right skills to develop their careers and meet the challenges ahead, and you’ll benefit from regular performance and development reviews to ensure this development is ongoing. As a Civil Service employee, you’ll be entitled to a large range of benefits.

This includes:

  • 25 days annual leave on entry, increasing on a sliding scale to 30 days after 5 years’ service. This is in addition to your public/bank holidays.
  • Hybrid working arrangements, including 2 days a week working from home
  • This will be complimented by one further day paid privilege entitlement to mark the King’s Birthday.
  • Interest-free loans allowing you to spread the cost of an annual travel season ticket or a new bicycle.
  • A competitive contributory pension scheme that you can enter as soon as you join where we will make a significant contribution to the cost of your pension; where your contributions come out of your salary before any tax is taken; and where your pension will continue to provide valuable benefits for you and your family if you are too ill to continue to work or die before you retire.
  • Flexible working patterns and access to Flexible Working Schemes allowing you to vary your working day as long as you work your total hours.
  • Generous paid maternity and paternity leave which is notably more than the statutory minimum offered by many other employers.
  • The use of onsite facilities (where applicable).
  • Occupational sick pay.

Things you need to know

Selection process details

To apply for this post, you will need to complete an online application by submitting the following:

  • A brief CV setting out your career history, with key responsibilities and achievements. Please ensure you have provided reasons for any gaps within the last two years.
  • A Statement of Suitability (no longer than two pages) explaining how you consider your personal skills, qualities and experience provide evidence of your suitability for the role, with reference to the criteria in the person specification.
  • It is important that you submit both a CV and a Statement of Suitability in order to ensure that we are able to assess your application against the person specification. Please ensure both documents contain your full name.

  • If you encounter any issues with your application or don’t receive an acknowledgement within 48 hours, please contact [email protected]

Guaranteed Interview Schemes

  • Candidates applying under the Disability Confidence Scheme are guaranteed an interview if they meet the minimum criteria outlined in the person specification.
  • This scheme works in conjunction with the Great Place to Work for Veterans, for former members of the armed services, and the Redeployment Interview Scheme for existing Civil Servants at risk of redundancy. Each scheme works in the same way.

Shortlist

  • An application pre-sift will be conducted by the SCS Recruitment Team followed by an in-depth review by the Vacancy Holder and Panel.
  • The panel will assess and select applicants who demonstrate the best fit with the role by considering the evidence provided against the criteria set out in the Person Specification. Failure to address any or all of these may affect your application.
  • The closing date for applications is 18th June and a shortlist decision is expected to be made 26th June. All candidates will be notified of the outcome shortly afterwards.
  • All shortlisted candidates will be offered an opportunity to have an informal conversation with the vacancy holder, Jon Sherman. This is not an assessment phase but is an opportunity for each candidate to gain greater insight into the context of the role. This is optional, but highly recommended.

Use of Data

  • As part of the recruitment process, we may share your data and assessment results internally with our SCS Talent team.
  • This will provide insight into how to support your development and wider talent management, should you be successful in your application.
  • If you do not want your data to be shared please email [email protected]



Feedback will only be provided if you attend an interview or assessment.
This role has a minimum assignment duration of 3 years. An assignment duration is the period of time a Senior Civil Servant is expected to remain in the same post to enable them to deliver on the agreed key business outcomes. The assignment duration also supports your career through building your depth of expertise.

As part of accepting this role you will be agreeing to the expected assignment duration set out above. This will not result in a contractual change to your terms and conditions. Please note this is an expectation only, it is not something which is written into your terms and conditions or indeed which the employing organisation or you are bound by. It will depend on your personal circumstances at a particular time and business needs, for example, would not preclude any absence like family friendly leave. It is nonetheless an important expectation, which is why we ask you to confirm you agree to the assignment duration set out above.

Security

Successful candidates must undergo a criminal record check.
Successful candidates must meet the security requirements before they can be appointed. The level of security needed is security check (opens in a new window).

See our vetting charter (opens in a new window).
People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This job is broadly open to the following groups:

  • UK nationals
  • nationals of Commonwealth countries who have the right to work in the UK
  • nationals of the Republic of Ireland
  • nationals from the EU, EEA or Switzerland with settled or pre-settled status or who apply for either status by the deadline of the European Union Settlement Scheme (EUSS) (opens in a new window)
  • relevant EU, EEA, Swiss or Turkish nationals working in the Civil Service
  • relevant EU, EEA, Swiss or Turkish nationals who have built up the right to work in the Civil Service
  • certain family members of the relevant EU, EEA, Swiss or Turkish nationals
Further information on nationality requirements (opens in a new window)

Working for the Civil Service

The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants.

We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window).
The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.
The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.

Apply and further information

This vacancy is part of the Great Place to Work for Veterans (opens in a new window) initiative.
Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.

Contact point for applicants

Job contact :

Recruitment team

Further information

Appointment to the Civil Service is governed by the Civil Service Commission’s Recruitment Principles. You have the right to complain if you feel a department has breached the requirement of the Recruitment Principles. In the first instance, you should raise the matter directly with the department concerned. If you are not satisfied with the response, you may bring your complaint to the Commission. For further information on bringing a complaint to the Civil Service Commission please visit their web pages: http://civilservicecommission.independent.gov.uk/civil-service-recruitment/complaints/

Deputy Director, Financial Products & Services
HM Revenue and Customs

www.hmrc.gov.uk
London, United Kingdom
Jim Harra
$500 million to $1 billion (USD)
10000+ Employees
Government
National Services & Agencies
2005
Related Jobs

All Related Listed jobs

Warehouse/Driver
BRC Logistics Limited Milton Keynes, England 12 GBP HOURLY Today

Assisting other members of the team when needed in the warehouse to ensure the smooth running of the business. Fully insured van & fuel paid for.

Window and door fabricator
Omega windows and doors Colwick, England Today

Must be experienced in manufacturing upvc windows and doors. Job Types: Full-time, Part-time, Permanent. Part-time hours: 48 per week.

Machine Operator
Woolston 11 - 0.00 GBP hour Today

Due to development and growth, we are looking to recruit Machine Operator on our Food Manufacturing site in Warrington on permanent contract....

Porter
NHS Professionals Manchester, England 10.42 GBP HOURLY Today

*Manage your shifts and timesheets on the go*- access your My Bank shift portal anywhere, anytime online or through your smartphone.

Event Planner
Hilton London, England Today

Opened in October 2015, Hilton London Bankside represents the next generation of design-led Hilton Hotels. Each part of the property has been...