JOB SUMMARY
The Insolvency Service is an Executive Agency of the Department for Business and Trade (DBT).
As Chief Executive Officer, you will be responsible for providing strategic leadership and direction for the organisation and will work closely with DBT to deliver the policy objectives of Ministers.
This is an exciting period for the agency – over the next 12 months, we will be setting the strategic vision for the agency for the next five years. The agency has already been growing its range of responsibilities in the enforcement space, following the Economic Crime and Corporate Transparency Act, which gives the Insolvency Service new responsibilities. We are also in the process of modernising and digitising our IT systems and capabilities and over the next five years will be looking at how we can harness technology to deliver better services to our customers.
The Agency is responsible for a range of different insolvency, investigation and redundancy functions, working with partners across Government and with regulators and practitioners from the UK’s insolvency profession:
- Our frontline teams administer bankruptcies, debt relief orders and Breathing Space applications.
- Our investigation and legal teams investigate the affairs of companies, working to disqualify unfit directors of insolvent companies and also investigate trading companies; taking action to wind them up and/or disqualify directors if there is evidence of misconduct. We also investigate and prosecute directors where criminal offences, primarily under insolvency and company law, are identified.
- Our Official Receivers act as trustee/liquidator in bankruptcy and liquidation cases where no private sector insolvency practitioner is in place.
- Our Redundancy Payments teams are responsible for prompt issue of redundancy payments from the National Insurance Fund, providing a vital safety net to those who have lost their jobs due to the insolvency of their employer.
- Our policy and technical specialists advise Ministers and other government departments on insolvency and redundancy related issues.
- Our regulatory team oversees regulation of the UK Insolvency Profession ensuring appropriate and effective standards are in place.
JOB DESCRIPTION
Some key responsibilities in the role will include:
- Being the accounting officer for the agency, accountable to the DBT Permanent Secretary and responsible for effective management of the Agency budget and delivering value for money for taxpayers.
- Providing the leadership, vision and strategic framework which will ensure that the agency operates as a cohesive and high-performing organisation which is able to meet its performance targets, strategic goals and function effectively within a fluid regulatory environment.
- Ensuring that the structure and skill set of the agency is appropriate and sufficiently nimble to enable the agency to deliver its functions and complete its change agenda.
- Ensuring that the Insolvency Service operates within, and holds others to account for, the legislative framework and regulations for Insolvency and Company Law in the UK.
- Working with the Chair to ensure that the board fulfils its statutory obligations and discharges its accountabilities through appropriate governance.
- Working across the insolvency profession and governmental landscapes, in partnership with DBT and others, to ensure that the Insolvency Service contributes to wider government priorities, including the development of policy where necessary.
- Ensuring that the Insolvency Service operates effectively in its role as oversight regulator for insolvency practitioners.
- Continuing to develop and build upon the positive reputation of the Insolvency Service through effective communication, both within the regulatory sphere and with external stakeholders, media and across wider government.
PERSON SPECIFICATION
We are looking to appoint an inspirational leader able to deliver on the Agency’s operational priorities and targets and build a vision for its future to be delivered through a programme of change. We are looking for evidence against the following essential criteria:
- A proven track-record of success in leading and delivering transformational change through technology in large and complex organisations, building and sustaining highly performing, motivated and innovative teams, and driving high staff engagement.
- An accounting officer with evidence of strong financial acumen and experience of the management of risk and budgets within a large and/or complex organisation.
- Excellent communication skills and experience of establishing credibility and relationships with a range of senior stakeholders in both private and public sectors, including Ministers, and an ability to work in conjunction with other agencies or organisations to deliver and strengthen the enforcement of services.
- It is essential that the successful candidate has an interest and ability to learn insolvency laws and regulations.
NATIONALITY REQUIREMENTS
This job is broadly open to the following groups:
- UK nationals
- nationals of the Republic of Ireland
- nationals of Commonwealth countries who have the right to work in the UK
- nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS)
- nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
- individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
- Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service
Further information on nationality requirements
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