Division - Supervision
Department – Wholesale Banks
Salary - National (Edinburgh and Leeds) ranging from £43,100 and £53,700 and London £47,300 to £59,000 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
The Supervision Division is part of the Supervision, Policy and Competition (SPC) Division of the FCA. The work of the division focusses on both market participants and cross-market themes with all work contributing to the FCA’s strategic and operational objectives and leads most of the FCA’s 3 year strategic business priorities.
The Wholesale Banks Department is responsible for supervision (regulatory oversight) of investment banking groups and how they conduct their business. This includes identifying and mitigating risks and assessing regulatory compliance.

What will you be doing?

• Using data to analyse banks’ business strategies and activities, how they are changing in response to the external environment, and the implications for risks from a conduct perspective
• Engaging and meeting with senior management at banks, internal stakeholders (e.g. other departments such as Enforcement or Financial Crime) and other regulators
• Assessing banks’ compliance with regulations and how deficiencies can be addressed
• Assisting with developing and implementing regulatory strategies to supervise banks
• Working within a team in the department and assisting on workstreams both within the team and more broadly
• Collaborating inclusively, contributing to an environment where all opinions are listened to and respected and engaging with the FCA’s Diversity and Inclusion agenda

What will you get from the role?

• Unique insight into investment banks’ business models, products, operations and risks
• Unparalleled opportunities to build meaningful connections with senior management at investment banks, collaborating with specialists at the FCA, and other national and international regulators
• Exciting opportunities to contribute to a wide range of important issues in financial services whilst expanding your knowledge and expertise in the sector
• Knowledge of regulation and how it applies to and is implemented at investment banks, whilst helping the FCA deliver its objectives including market integrity
• Formalised training and ongoing development, with the opportunity to pursue sponsored FCA Academy courses to earn industry qualifications where eligible
• Rewarding career opportunities and the potential for growth and progression within the FCA

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

• Experience in firm supervision, wholesale markets or the banking sector
• Excellent written communication skills
• A strong aptitude for analysing complex information and contributing to the development of an appropriate supervisory strategy to address and prevent harm

Essential

• Strong stakeholder management skills with a proven ability to build good relationships with internal and external stakeholders in order to support the delivery of supervisory objectives
• Skilled in to communicating key messages and simplifying complex issues in a clear and concise manner
• Determination to engage with and drive forward cases and workstreams with an appropriate level of support and guidance
• Confident working at pace and under pressure, and managing a variety of competing workstreams and issues, prioritising accordingly
• Willingness to learn and develop, embracing new responsibilities and adopting a flexible and pragmatic approach to work

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 Associate grade 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 Associate – Level 8 – Regulatory
• Advert Closing Date: 20th February
• CV Review/Shortlist: 24th February
• First Round Case Study Assessment: W/C 3rd March
• Competency Based Interview: W/C 10th March

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 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 will you be doing?

• Using data to analyse banks’ business strategies and activities, how they are changing in response to the external environment, and the implications for risks from a conduct perspective
• Engaging and meeting with senior management at banks, internal stakeholders (e.g. other departments such as Enforcement or Financial Crime) and other regulators
• Assessing banks’ compliance with regulations and how deficiencies can be addressed
• Assisting with developing and implementing regulatory strategies to supervise banks
• Working within a team in the department and assisting on workstreams both within the team and more broadly
• Collaborating inclusively, contributing to an environment where all opinions are listened to and respected and engaging with the FCA’s Diversity and Inclusion agend

What will you get from the role?

• Unique insight into investment banks’ business models, products, operations and risks
• Unparalleled opportunities to build meaningful connections with senior management at investment banks, collaborating with specialists at the FCA, and other national and international regulators
• Exciting opportunities to contribute to a wide range of important issues in financial services whilst expanding your knowledge and expertise in the sector
• Knowledge of regulation and how it applies to and is implemented at investment banks, whilst helping the FCA deliver its objectives including market integrity
• Formalised training and ongoing development, with the opportunity to pursue sponsored FCA Academy courses to earn industry qualifications where eligible
• Rewarding career opportunities and the potential for growth and progression within the FC

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

• For internal applicants, please contact Lindsey Mackenzie at