Redress Calculation Specialist

Senior Redress Calculation Specialist - FCA Remediation Programme
Location: Remote (UK-based)
Rate: £450 per day (Outside IR35)
Duration: Initial 6 months

We're supporting a consultancy delivering into a major financial services organisation on a high-profile remediation programme. They're looking to engage a Senior Redress Calculation Specialist to provide critical expertise across the design, validation, and assurance of a customer redress calculator.

This is a specialist role focused on ensuring fair, defensible, and regulator-aligned customer outcomes, with direct exposure to FCA expectations and Consumer Credit Act considerations.

The Role

You'll act as a subject matter expert supporting the strategy, design, and assurance of redress calculation methodologies. The role brings an independent, controls-focused lens, challenging assumptions, validating logic, and strengthening governance across the programme.

Working alongside delivery, data, finance, and build teams, you'll play a key role in ensuring calculation accuracy, robustness, and auditability.

Key Responsibilities

• Provide expert input into the design and validation of redress calculation methodologies
• Independently challenge assumptions, treatment decisions, and calculation logic
• Review and sense-check inputs, outputs, and complex calculation models
• Support UAT, validation, and assurance activities
• Ensure alignment with FCA expectations and Consumer Credit Act requirements
• Identify and address gaps in redress calculation knowledge and governance
• Contribute to strengthening controls, auditability, and regulatory defensibility
• Support knowledge transfer and capability uplift, reducing key-person dependency

What We're Looking For

• Proven experience working on redress/remediation programmes within financial services
• Strong understanding of redress calculation methodologies and frameworks
• Experience engaging with regulatory requirements (FCA, Consumer Credit Act)
• Ability to challenge and validate complex financial calculations
• Background in assurance, controls, or risk-focused roles is highly advantageous
• Confident working cross-functionally with data, finance, and delivery teams

Why Apply?

• Outside IR35 contract with strong day rate
• Fully remote engagement
• High-impact role on a regulatory-critical programme
• Opportunity to operate as a true SME within a complex remediation environment.