Head of Regulatory Affairs

3 weeks ago

Cardiff, Cardiff, United Kingdom Welsh Government Full time

Position Overview

The regulatory team, situated within the Strategy and Regulation Division, is tasked with the statutory oversight of Welsh registered social landlords (RSLs) on behalf of the Welsh Ministers. RSLs play a crucial role in achieving the housing objectives set for Wales.

RSL Sector Insights
• Welsh RSLs manage a substantial number of homes, with projections indicating growth by 2027.
• A significant portion of RSL expenditure, approximately 85%, is allocated within Wales.
• The sector boasts a turnover exceeding substantial figures.
• Fixed asset valuations are noteworthy.
• A new debt facility of £575 million was established in 2021.
• Future borrowing forecasts indicate growth by 2027.
• The sector supports around 27,000 jobs in Wales, with 11,000 directly employed.
• The Welsh Government is investing over £300 million in social housing grants, alongside various other funding initiatives.
• It is estimated that for every £1 of Welsh Government funding, significant returns are generated.
• RSLs provide homes and services to over 200,000 tenants and residents.

The primary aim of regulation is to safeguard tenants and protect significant public investments in the RSL sector across Wales. Effective regulatory practices also ensure that the sector remains appealing to private investors, facilitating cost-effective funding to complement grants for new social housing developments.

Key Responsibilities

The Head of Regulatory Operations will oversee the maintenance of the statutory register of registered social landlords in Wales, manage the annual program of regulatory assessments, and provide regulatory oversight of RSLs. This role encompasses regulatory case management, government relations, and communications. The successful candidate will lead a diverse team across Wales, including governance experts and qualified accountants, who will conduct evaluations of compliance with regulatory standards established under the Housing Act 1996.

Case management is a critical aspect of this position, with the postholder acting as a moderator for high-level team decisions and being responsible for commissioning a variety of regulatory interventions and enforcement actions that can significantly impact RSLs and individuals.

Candidate Profile

What the organization expects:

  • Ability to manage specific areas of work utilizing specialist knowledge to interpret complex information and develop innovative solutions.
  • Adaptability and professionalism in dealing with changes affecting the role and the wider work environment.
  • Political awareness and understanding of the political landscape when making decisions that affect the broader business area.

What your team expects:

  • Leadership in managing a team and providing clear direction to achieve objectives.
  • Support for team members in complex tasks, including work allocation, performance management, and professional development.
  • Commitment to fostering an inclusive environment where diverse perspectives are valued.
  • Responsibility for developing and maintaining systems that ensure excellence and value for money.

Assessment Criteria

During the selection process, candidates will be evaluated on:

  • Decision-making capabilities
  • Leadership qualities
  • Communication and influencing skills
  • Strategic thinking

Technical Expertise

Candidates will also be assessed on their understanding of regulatory frameworks, housing association operations, governance, and performance evaluation.

Benefits

  • Tailored learning and development opportunities
  • Flexible working arrangements
  • A culture that promotes inclusion and diversity
  • Attractive employer contribution to pension schemes

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