Assistant Director Regulatory Operations – Regulator of Social Housing
Salary: £86,197 to £101,980
Location: Birmingham, Bristol, Leeds, London. Manchester
Team: Regulatory Operations
Recruiting Manager: Richard Peden
The Regulator of Social Housing (RSH) is the statutory regulator for social housing providers. The sector we regulate is large and increasingly complex. The registered providers (RPs) that are the focus of our regulation own over 2.7m homes and have a turnover of £18bn per annum. Our core objectives are to promote a viable, efficient and well-governed social housing sector able to deliver homes that meet a wide range of needs. In doing so, we underpin a favourable investment climate and support the provision of new homes. We set economic standards for these providers – on governance, viability and value for money – and make judgements about RP compliance based on assurance of their management of risks. We also set consumer standards and have the power to take action if we find that consumer standards have been breached in a way that leads to serious harm to tenants.
The policy and operating environment for registered providers is changing rapidly. Income streams are less certain, and the loss of the regulator’s stock disposal consent powers will mean that the asset base of providers will be more fluid. Providers are diversifying into commercial activities and are exposed to more risks, including market sales risk. The regulator needs to continue to evolve to ensure that its approach to regulation allows it to regulate increasingly complex and commercial organisations.
We are looking to recruit to a key senior role within our front line operations team. As an Assistant Director Regulatory Operations, you will have a crucial role to play. You will lead and manage one of five provider engagement teams covering both financial and governance regulation. You and your team will deliver a corporately agreed programme of planned regulatory engagement for a portfolio of the most complex Registered Providers forming judgements on the financial viability and governance of those organisations, as well as undertaking any reactive regulatory engagement required. Where necessary, you will work with those providers to ensure they address any issues identified through your engagement work. You will be the public face of the regulator dealing with Boards and Executive teams, the finance community and industry representative bodies.
You will be a member of the Regulation senior management team, reporting to the Deputy Director, Provider Engagement and supporting the strategic leadership of the regulator. You need the gravitas to deal with the most senior people in the sector and its stakeholders. The successful candidate will have strong financial acumen and a detailed understanding of risk management and the principles of corporate governance, preferably with a relevant professional qualification in one of those three areas. They will also have an understanding of key policy, market and macro-economic issues affecting the social housing sector in England.
Staff in our provider engagement teams are based across England and the role can be based in one of our offices in Birmingham, Bristol, Leeds, London or Manchester. The role offers excellent terms and conditions including a defined benefit pension scheme, 33 days annual leave, performance related pay, private health screening and the opportunity to work flexibly.
If you would like to discuss this role prior to applying please contact Richard Peden on 01234 242508 or at firstname.lastname@example.org.
Short listing will take place in early August. Interviews for short listed candidates will take place in early September.
The Homes and Communities Agency (HCA) is a non-departmental public body sponsored by the Ministry of Housing, Communities and Local Government. One of the statutory committees of the HCA is the Regulation Committee, which is responsible for the regulation of social housing.
In January 2018, the HCA’s non-regulation arm adopted its new trading name Homes England. From that point, the HCA's regulation directorate, which undertakes the functions of the Regulation Committee, refers to itself as the RSH. Until relevant legislation is enacted (expected to be 1st October 2018) Homes England and RSH continue to be constituted as one body – the HCA – but operate with two distinct corporate identities.
Please note: The Regulator along with other Government departments and Government sponsored bodies have been tasked with reducing running costs. The Regulator is bound by the Government’s asset strategy which means that we must continually review and make more effective use of our offices. Although the post can be based in Birmingham, Bristol, Leeds, London or Manchester its location may be subject to change and we cannot guarantee that staff will not be required to move base location in the future.
For further information and to apply, please click on the "Apply" button at the end of the page.
Application closing date: COP 7th August 2018
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