Financial Crime Supervisor

at  Financial Conduct Authority

Division - Supervision
Department - Financial Crime Market Intervention
Salary - National (Edinburgh and Leeds) ranging from £51,200 to £64,000 and London from £56,400 to £70,000 per annum (Salary offered will be based on skills and experience)
About the FCA
The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. Follow this link to find out more
About the FCA
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The Financial Crime Market Intervention Department provides the dedicated specialist resource and expertise to help the FCA meet its financial crime responsibilities, as contained in the FCA’s wider objective on integrity and in its specific freestanding duty on financial crime.
The department is comprised of four Financial Crime Specialist Supervision teams, a Sanctions Supervisory Team, a Risk, Data & Strategy Team (RDS) and a Financial Crime Public Commitments Strategy & Delivery Team. Working together with others inside and outside the FCA, we deal with issues involving money laundering, financial sanctions and bribery and corruption.
The Financial Crime Market Interventions department does not cover market abuse or fraud.
What will you be doing?
This role sits in one of the Financial Crime Market Intervention Department’s four supervision teams. The teams focus on the effectiveness of firms’ financial crime systems and controls. This is done through a range of supervisory work including assessments, visits, and interventions of regulated firms. We work closely with front line supervision to assess firms’ compliance with relevant rules, laws and guidance.
As a Senior Associate you will manage your own case load, including the delivery of our proactive supervisory assessment programmes, a portfolio of reactive casework and relationship-manage major firms. You will handle the more complex pieces of work, chair meetings and supervise visits, and be expected to make appropriate judgements on regulatory actions following proactive or reactive assessments. You will be responsible for ensuring that the objectives of the Financial Crime Market Intervention department are delivered through your activities. You will work with a variety of internal and external stakeholders to ensure that they are kept informed and engaged as appropriate.
You will report to a Financial Crime Market Intervention Department Manager.

What will you get from the role?

• An interesting and varied workload, with responsibility for directing and delivering the work assigned to you
• The opportunity to work on and/or lead and support potentially high profile or complex casework and to support and lead on financial crime systems and controls assessments of regulated firms across various financial sectors
• The chance to join a friendly, collaborative and informal environment committed to thinking creatively about achieving good anti-financial crime outcomes for the FCA
• The opportunity to use your judgement to make choices at pace, stand by them, and learn from experience
• A chance to understand the changing ways in which firms and the industry operate, and the implications for how we carry out our work on financial crime.
• The opportunity to help shape the Financial Crime Market Intervention Department’s future activities and ways of working.

Which skills are required?
We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme
Click Here
)

Minimum

• The successful candidate will hold or will be required to obtain Security Clearance (SC) level vetting
• Significant financial crime experience (for example; a supervision, compliance or financial crime role within a regulatory body, law enforcement, government, financial services or consultancy firm)
• Experience of progressing complex cases, applying technical and professional experience to make sound judgements independently

Essential

• Good knowledge of the FCA’s regulatory and legal frameworks and the structure of the financial services industry – i.e. key products and services and key processes, including how these impact financial crime risk
• Ability to undertake complex assessments of systems and controls at regulated firms, including supervising and/or being a team member for onsite visits and choosing appropriate regulatory tools to ensure firms’ compliance
• The ability to quickly evaluate and interpret a variety of data and information to execute effective action to mitigate risk
• Experience working effectively with a variety of stakeholders, both internal and external, providing effective challenge and seeking mutually beneficial solutions to problems
• Excellent written communication skills and ability to communicate complex information in a way that can be understood by a range of recipients. Able to draft complex reports and review and provide feedback on the work of others
• Experience of dealing with a large number of tasks and managing competing work streams and priorities, often under tight deadlines with minimal supervision
• A team player, with a positive approach and outlook to their work and the ability to motivate others, mentor and coach less experienced team members

Our Values & Diversity
We are proud to be an inclusive employer and our ambition is to cultivate a culture for all employees that respects their individual strengths, views, and experiences. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation, and delivers better regulation.
Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.
Did you know? 50% of our Executive Committee were the first in their family to attend university.
The FCA is committed to achieving greater diversity across all levels of the organisation. Given this, we particularly welcome applications from women, minority ethnic, disabled, and neurodivergent candidates for our Senior Associate role.

Benefits of working at the FCA

• 25 days holiday per year plus bank holidays (amend based on grade)
• Hybrid working (work from home up to 60% of your time)
• Private healthcare with Bupa
• A non-contributory Pension of at least 8%
• Life assurance
• Income protection

We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.
We welcome applications from candidates who are looking for flexible arrangements. Many of our staff work flexibly including working part-time, staggered hours, and job shares. We can’t promise to give you exactly what you want but we can explore what might work best for both sides.
Follow this link to see what life is like at the FCA -
Life at the FCA
We support hybrid working which means you will be able to work from home up to 60% of the time over a month with the remainder of your time in one of our three office locations.
Application Support
We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.
If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.

Useful information

• Advert closing date: 16th February
• CV Review/Shortlist: 19th February
• Competency Based Interview & Case Study: W/C 24th February

Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.
Got a question?
If you are interested in learning more about the role please contact:
For internal applicants, please contact Lindsey Mackenzie at
lindsey.mackenzie@fca.org.uk
For external applicants please contact Chhavi Bartaria at
chhavi.bartaria@fca.org.uk
Applications must be submitted through our online portal. Applications sent via email will not be accepted.
Security Clearance/Vetting
The successful candidate will hold or will be required to obtain Security Clearance (SC) level vetting

• An interesting and varied workload, with responsibility for directing and delivering the work assigned to you
• The opportunity to work on and/or lead and support potentially high profile or complex casework and to support and lead on financial crime systems and controls assessments of regulated firms across various financial sectors
• The chance to join a friendly, collaborative and informal environment committed to thinking creatively about achieving good anti-financial crime outcomes for the FCA
• The opportunity to use your judgement to make choices at pace, stand by them, and learn from experience
• A chance to understand the changing ways in which firms and the industry operate, and the implications for how we carry out our work on financial crime.
• The opportunity to help shape the Financial Crime Market Intervention Department’s future activities and ways of working