Senior Wholesale Banks Supervisor - Projects Team

at  Financial Conduct Authority

Division - Wholesale Sell Side
Department - Wholesale Banks
Salary - National ranging from £51,200 to £70,000 and London ranging from £56,400 to £75,000
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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Wholesale Banks - Wholesale banks play a vital role in the global financial system, and addressing conduct risks within this sector is key to reducing harm and enhancing innovation.
Globally, wholesale banks provide access to financing for firms and governments and investment opportunities for retail and institutional investors. Their effectiveness relies on them being fair, appropriately transparent and efficient.
Wholesale Banking Supervision focuses on the regulation of markets and the regulation of the individual firms that make up those markets. In a constantly evolving external environment, supervision of wholesale banks is critical to ensure the effective operation of the UK’s financial markets and to achieve the FCA’s objectives.

What you will be doing

• Designing multi-firm regulatory projects which assess bank conduct and supervising on their implementation- working alongside the manager, supervisors and technical specialists in the team
• Identifying potential conduct risks in wholesale banks’ business models and activities, utilising FCA data and information from external sources
• Working collaboratively within a focussed supervisory team and wider department, including leading relevant projects and workstreams
• Representing the FCA and engaging with senior management at firms and other regulators
• Providing timely briefings to FCA senior management and other internal stakeholders, including press office and colleagues across policy, supervision and specialist departments, both verbally and in writing
• Collaborating inclusively, contributing to an environment where everyone is listened to and respected and engaging with the FCA Diversity and Inclusion agenda

What you will get from the role

• The role provides exciting opportunities to work on a range of issues of key importance to financial services
• You will play an important role developing the teams’ multi-firm testing strategies and help the FCA deliver its goals including market integrity and consumer protection
• You will be given unparalleled opportunities to engage with senior management at wholesale banks, to work with a range of specialists at the FCA and build relationships with other national and international regulators
• This role provides excellent development and learning opportunities to develop a rewarding career at the FCA and to contribute to public service

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
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Minimum

• Experience working in either a wholesale financial service environment such as firms, legal and consultancy or other regulatory and governmental organisations
• Experience of engaging effectively with senior management and other key stakeholders, both internally and externally.
• Strong verbal and written communication skills

Essential

• A curious and inquisitive mindset, ability to see the big picture and to deliver in the public interest
• Ability to work alone, use sound judgement and escalate issues appropriately
• Evidence of working with large amounts of complex information, identifying key themes, drawing logical conclusions, and developing and implementing a strategy and plan of action
• Able to work effectively as part of a team by working inclusively, contributing to an environment where all opinions are listened to and respected
• Ability to prioritise and adapt to meet changing circumstances and work quickly and effectively on key tasks
• Strong problem solving skills and ability to react to new issues and events decisively

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 minority ethnic, disabled, and neurodivergent candidates for this role.

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%
• 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
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 Senior Associate – Regulatory
• Advert Closing Date: 26th January 2025
• CV Review/Shortlist: 28th January 2025
• Case study and Competency Based Interview: W/C 3rd February 2025

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 Linda Bradley at Linda.Bradley@fca.org.uk
• For external candidates please contact Aaron Ward at Aaron.Ward@fca.org.uk

Applications must be submitted through our online portal. Applications sent via email will not be accepted.

What you will be doing

• Designing multi-firm regulatory projects which assess bank conduct and supervising on their implementation- working alongside the manager, supervisors and technical specialists in the team
• Identifying potential conduct risks in wholesale banks’ business models and activities, utilising FCA data and information from external sources
• Working collaboratively within a focussed supervisory team and wider department, including leading relevant projects and workstreams
• Representing the FCA and engaging with senior management at firms and other regulators
• Providing timely briefings to FCA senior management and other internal stakeholders, including press office and colleagues across policy, supervision and specialist departments, both verbally and in writing
• Collaborating inclusively, contributing to an environment where everyone is listened to and respected and engaging with the FCA Diversity and Inclusion agend

What you will get from the role

• The role provides exciting opportunities to work on a range of issues of key importance to financial services
• You will play an important role developing the teams’ multi-firm testing strategies and help the FCA deliver its goals including market integrity and consumer protection
• You will be given unparalleled opportunities to engage with senior management at wholesale banks, to work with a range of specialists at the FCA and build relationships with other national and international regulators
• This role provides excellent development and learning opportunities to develop a rewarding career at the FCA and to contribute to public servic

If you are interested in learning more about the role, please contact:

• For internal applicants, please contact Linda Bradley at Linda.Bradley@fca.org.uk
• For external candidates please contact Aaron Ward at Aaron.Ward@fca.org.u