Nesta seeks head to run fintech challenge prize programme

UK innovation agency Nesta is recruiting for a senior manager to co-ordinate a "multi-million pound" challenge prize programme aimed at encouraging fintech startups to build data-driven comparison tools to support small businesses in selecting financial products and services.

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Nesta seeks head to run fintech challenge prize programme

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The two-year programme is closely allied to a regulatory agenda aimed at enhancing transparency and competition in the UK business banking market.

Nesta says the project will build upon a rapidly evolving technological landscape in banking, citing the introduction of an Open Data and Banking APIs, as well as regulatory backing for comparison tools aimed at SMEs.

"This programme sits at the intersection of several different agendas, and its success will be predicated on active engagement with SME business bodies, fintech companies, banks, regulators and policymakers," states the agency.

The successful candidate will be expected to oversee multiple project delivery partners, high-profile judging panels and committees, and sustain strong working relationships with senior representatives from small business and fintech groups, government, and major UK banks and industry regulators.

Completed applications for the £60K per annum position should be submitted by 9am on Wednesday, 14 September.

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