Senior Investigator – Perimeter Team (Financial Promotions & Enforcement Ta

at  Financial Conduct Authority

Salary:
London from £56,400 to £70,400 (depending on experience)
National from £51,200 to £64,000 (depending on experience)
An exciting opportunity to work on high-profile cases of public importance as part of a specialist team dealing with unauthorised firms unlawfully promoting qualifying cryptoassets in the UK!

The Financial Promotions & Enforcement Taskforce (FPET) is a department that straddles the FCA’s regulatory perimeter. The department has a wide remit covering both authorised and unauthorised activities in all sectors across the FCA. FPET’s overarching role is to reduce harm arising from:

• Non-compliant financial promotions issued by authorised firms
• Unauthorised activity, scams, fraud and breaches of the financial promotion restriction by unauthorised entities
• Scams and high-risk, non-standard investments where authorised firms are involved in the production and distribution of products
• Other unregulated activity conducted by authorised firms that has the potential to cause significant customer harm and financial loss

These are critical times for the financial markets, and we are continually presented with challenging and intellectually stimulating cases. Our cases attract large scale media attention and help to shape the future for the regulation of firms and markets, and the protection of consumers.
In October 2023, the promotion of qualifying cryptoassets was brought within the scope of the financial promotion regime. This regime applies to qualifying cryptoasset financial promotions that can have an effect in the UK, including marketing by overseas firms. This has significantly increased the workload of the department.
We are hiring a Senior Investigator to join the FPET Perimeter Team. This is an exciting opportunity to work on high-profile cases of public importance as part of a specialist team dealing with unauthorised firms unlawfully promoting qualifying cryptoassets in the UK. You will be involved in critical work identifying and engaging these firms, including tackling and disrupting many of their activities to protect consumers and the financial markets.

What you will be doing

• Manage a busy workload of cases. This includes assessing high volumes of reports, acting to resolve matters and issue consumer alerts where appropriate, and draw out and spot trends from those cases
• Provide technical support to more junior members of the team
• Build up MI on cases to facilitate a wider strategy regarding our approach to unauthorised firms, in particular in relation to unauthorised crypto firms, and assist in the production of ad-hoc MI (for both internal and external stakeholders)
• Present on trends and MI within the data collated about unauthorised crypto firms
• Build and maintain effective working relationships with colleagues in other business areas within the FCA and with external bodies
• Respond to ad-hoc queries about the Perimeter Team from other areas of the FCA. Manage relationships with and present to both senior internal and external stakeholders
• Contribute to wider Enforcement strategic work

What you will get from the role

• Opportunity to perform a leading role in working collaboratively with colleagues in the team and across FPET to reduce the potential for consumer harm from unlawful financial promotions by unauthorised firms
• Opportunity to develop and share knowledge and experience within a supportive environment committed to learning and development
• Chance to do satisfying, worthwhile and responsible work with the opportunity to use your professional skills to build a long-term solution for these important cases

The skills and experience you will have
We are a signatory to the Government’s Disability Confident scheme. This means that we will offer an interview to disabled candidates entering under the scheme, who best meet the minimum criteria for a role.

Minimum

• Experience of cryptoasset business models and the risks in those models
• Experience of dealing with a large number of cases and managing competing work streams often under tight deadlines
• Experience of engaging with the Financial Services and Markets Act 2000 (particularly the Regulated Activities Order and Financial Promotion Order) and the structure, principles and responsibilities of the FCA

Essential

• Ability to assess and analyse voluminous and/or data-heavy bodies of information, exercising judgement on the information available and being able to defend those judgements where appropriate, including to senior management
• Ability to manage a large workload, giving due attention to the most serious and high priority matters, and take a lead role with limited supervision on more complex cases
• Ability to be a substantial contributor on engagement with firms, their advisers or other related third parties/key stakeholders and draft technical correspondence
• Ability to respond positively to challenges and adopt a flexible approach to change, adapting working styles accordingly
• Good written skills with ability to summarise issues in a comprehensive and concise manner
• Ability to work on own initiative, prioritising, working under pressure and to tight deadlines whilst maintaining accuracy
• Ability to represent the Perimeter Team at meetings with colleagues within the department and wider internal stakeholders

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. We do this to make sure markets work well for individuals, businesses and the economy as a whole. For more information on what we do, our three-year strategy can be found
here.
The FCA’s Values & Diversity
Our ambition is to cultivate a culture of inclusion 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.
The FCA is committed to achieving greater diversity across all levels of the organisations. Given this, we particularly welcome applications from women, disabled and minority ethnic candidates for our Senior Associate - Regulatory role.
Flexible working
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 won’t judge you for asking.
Multi-location
As part of the FCA’s on-going commitment to develop our national presence, most of our vacancies are now open to working in our Edinburgh, Leeds, or London offices. This means that as part of the application process you will be able to select your preference of which office location you would like to work from.
Useful information
Applications for this role close at 23:59 on 24th November 2024
This role is graded as Senior Associate – Regulatory
What to expect from our interview process
All applications will be reviewed once the advert has closed.
Successful candidates will then be invited to an interview along with a case study to be discussed at the interview.
Got a question?
If you are interested in learning more about the role please contact:
For Internal applicants, please contact Cheryl Cheung at
cheryl.cheung@fca.org.uk
For External applicants, please contact Aaron Ward at
aaron.ward@fca.org.uk
Application support
We want to remove any possible barriers and are committed to providing a wide range of reasonable adjustments so that you can keep the focus on your conversations and be at your best.
If you have an accessibility requirement, disability, or condition that means you might require changes to the recruitment process, please contact your recruiter to discuss this further. Our aim is to make your application as easy and comfortable as possible, and your recruiter will be happy to work with you to make any necessary arrangements where possible.
Please note – Applications must be submitted through our online portal. Applications sent via email will not be accepted.

The Financial Promotions & Enforcement Taskforce (FPET) is a department that straddles the FCA’s regulatory perimeter. The department has a wide remit covering both authorised and unauthorised activities in all sectors across the FCA. FPET’s overarching role is to reduce harm arising from:

• Non-compliant financial promotions issued by authorised firms
• Unauthorised activity, scams, fraud and breaches of the financial promotion restriction by unauthorised entities
• Scams and high-risk, non-standard investments where authorised firms are involved in the production and distribution of products
• Other unregulated activity conducted by authorised firms that has the potential to cause significant customer harm and financial los

What you will be doing

• Manage a busy workload of cases. This includes assessing high volumes of reports, acting to resolve matters and issue consumer alerts where appropriate, and draw out and spot trends from those cases
• Provide technical support to more junior members of the team
• Build up MI on cases to facilitate a wider strategy regarding our approach to unauthorised firms, in particular in relation to unauthorised crypto firms, and assist in the production of ad-hoc MI (for both internal and external stakeholders)
• Present on trends and MI within the data collated about unauthorised crypto firms
• Build and maintain effective working relationships with colleagues in other business areas within the FCA and with external bodies
• Respond to ad-hoc queries about the Perimeter Team from other areas of the FCA. Manage relationships with and present to both senior internal and external stakeholders
• Contribute to wider Enforcement strategic wor

What you will get from the role

• Opportunity to perform a leading role in working collaboratively with colleagues in the team and across FPET to reduce the potential for consumer harm from unlawful financial promotions by unauthorised firms
• Opportunity to develop and share knowledge and experience within a supportive environment committed to learning and development
• Chance to do satisfying, worthwhile and responsible work with the opportunity to use your professional skills to build a long-term solution for these important case