Senior Associate - Asset Management
Department - Asset Management & Funds
Salary - Senior Associate - Regulatory pay banding applies (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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We’re currently on an exciting journey as we drive forward significant organisational, people, process, and technology transformation to become a more forward-thinking, proactive regulator. We will use data more effectively to drive better regulatory decisions and build greater cohesion across our broad financial services remit.
We’re looking for people to join the Asset Management & Funds Department within the FCA’s Buyside Supervision Directorate. These exciting roles offers you the opportunity to engage and influence change at firms across the sector. You will be exposed to strategic issues and key players in financial services. Joining the department offers a key insight into a dynamic and critically important sector, at a time of rapid and fundamental change.
What will you be doing?
We have two opportunities. Firstly, a role supervising some of the largest asset managers in the UK, through the establishing of credible relationships with firms’ senior leaders and then leading the design and execution of supervision strategies. Secondly, a dynamic role focused on supervising smaller firms in the long tail of the asset management sector, being responsible for responding to events in an agile and assertive manner.

You will be part of a diverse team responsible for the supervision of firms that can impact and influence households and businesses across the UK. We welcome applications from a variety of backgrounds.

• You will be responsible for understanding how the strategies, business models or operations of large asset management firms could cause harm to consumers
• Lead the design and implementation of supervision strategies to create real change in firms in the best interests of consumers
• You will lead senior interactions, communicating clearly and succinctly, influencing their conduct and shaping key decisions through application of sound judgement
• Leading reactive work in response to firm issues and industry developments
• Working collaboratively and building strong relationships with internal stakeholders such as Authorisations and Enforcement, as well as external parties such as other regulators
• Contributing to the wider department, including making recommendations for continuous improvement of our processes and identification of sector-wide risks and issues

What will you get from the role?

• This exciting role offers you the opportunity to engage and influence change at firms across the sector, you will be exposed to strategic issues and key players in financial services
• You will have a personal accountability to work out how big firms are causing risk to everyday consumers and what solutions are best to combat this
• You will have the opportunity to visit firms on site visits whilst engaging with stakeholders about driving changes in these firms for the benefit of consumers
• An opportunity to gain key insight into a dynamic and critically important sector, at a time of rapid and fundamental change

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
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Minimum

• Prior industry, consultancy or regulatory experience within the asset management, insurance or banking sectors
• Prior experience of reviewing, investigating, and assessing information from various sources to make sound judgements
• Prior experience of managing internal and external stakeholders at all levels

Essential

• Commitment to the work of the FCA and a desire to make a difference
• Demonstrable experience of analysing, investigating, and assessing information from various sources to make sound judgements
• A delivery focused mindset and ability to operate in an environment where there are competing priorities
• Ability to present yourself and the FCA in a professional and credible manner
• A great team player who works effectively with others to achieve positive outcomes
• Strong interpersonal skills and the ability to build and maintain relationships with senior management and stakeholders
• A good communicator, who explains issues clearly, concisely and can influence others. Offering constructive challenge, delivering strong messages and responding to challenge effectively
• Ability to learn, develop and take on new responsibilities, quickly filling gaps in your understanding

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.

Benefits of working at the FCA

• 25 days holiday per year plus bank holidays
• Hybrid working (work from home up to 60% of your time)
• Private healthcare with Bupa
• A non-contributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age – up to 12% a month once you reach age 35)
• Life assurance of eight times your basic salary
• 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
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 and Timeline

• This role is graded as Senior Associate - Regulatory
• Advert Closing Date: Sunday 6th July - midnight
• CV Review/Shortlist: Monday 7th July
• First Round Interview: W/C 14th July

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: Cameron.Nunn@fca.org.uk
Applications must be submitted through our online portal. Applications sent via email will not be accepted

You will be part of a diverse team responsible for the supervision of firms that can impact and influence households and businesses across the UK. We welcome applications from a variety of backgrounds.

• You will be responsible for understanding how the strategies, business models or operations of large asset management firms could cause harm to consumers
• Lead the design and implementation of supervision strategies to create real change in firms in the best interests of consumers
• You will lead senior interactions, communicating clearly and succinctly, influencing their conduct and shaping key decisions through application of sound judgement
• Leading reactive work in response to firm issues and industry developments
• Working collaboratively and building strong relationships with internal stakeholders such as Authorisations and Enforcement, as well as external parties such as other regulators
• Contributing to the wider department, including making recommendations for continuous improvement of our processes and identification of sector-wide risks and issue

What will you get from the role?

• This exciting role offers you the opportunity to engage and influence change at firms across the sector, you will be exposed to strategic issues and key players in financial services
• You will have a personal accountability to work out how big firms are causing risk to everyday consumers and what solutions are best to combat this
• You will have the opportunity to visit firms on site visits whilst engaging with stakeholders about driving changes in these firms for the benefit of consumers
• An opportunity to gain key insight into a dynamic and critically important sector, at a time of rapid and fundamental chang