Senior Credit Rating Agency Supervision Associate

Senior Credit Rating Agency Supervision Associate

Apply for the Senior Credit Rating Agency Supervision Associate role at the Financial Conduct Authority.

Salary: National (£52,400‑£58,800) in Edinburgh and Leeds, London (£57,700‑£65,000); salary based on skills and experience.
Grade: Senior Associate – Regulatory.
Recruitment Contact: Tahir Khan, tahir.khan1@fca.org.uk. Applications must be submitted through our online portal; email or social media applications are not accepted.

Division: Infrastructure and Exchanges
Department: SPC.

The FCA regulates financial services firms in the UK to keep financial markets fair, thriving and effective. By joining us, you’ll play a key part in protecting consumers, driving economic growth and shaping the future of UK finance services.

We are currently looking for a talented person to join the Credit Rating Agencies (CRA) Supervision team within the Capital Markets Department. The team is responsible for the supervision of UK regulated credit rating agencies and plays a key role in ensuring investors have reliable information on the creditworthiness of issuers.

Role Responsibilities

• Manage the FCA’s supervisory relationship with individual credit rating agencies, driving engagement to influence conduct behaviour.
• Drive, deliver and/or support the delivery of projects within the supervision strategy to mitigate or reduce harm to consumers and enhance market integrity.
• Exercise expert judgement to reduce and mitigate risks of harm emanating from the credit ratings business model and strategy.
• Communicate effectively with internal stakeholders, including at a senior level.
• Present and share knowledge with colleagues, including the wider Capital Markets Department.
• Collaborate with the Capital Markets Department, Benchmarks Supervision and FCA colleagues across policy, competition, authorisations, technology, resilience and enforcement.

Minimum Qualifications

• Experience working in a regulatory and/or financial services organisation such as a credit rating agency, commercial or investment bank, asset management, law firm or other regulatory body.
• Analytical experience using a variety of qualitative and quantitative information to form judgements that balance multiple factors.

Essential Qualifications

• Understanding of credit ratings, the rating process and potential risks posed by CRAs.
• Strong verbal and written communication skills with the ability to present clear, well‑reasoned arguments.
• Initiative to make informed and timely decisions, cutting through complexity and escalating issues appropriately.
• Proven ability to balance and manage competing priorities, often under conditions beyond your control.
• Flexible approach to change and the ability to adapt working styles accordingly.
• Experience of successful teamwork and a proactive willingness to support colleagues.

Benefits

• 25 days annual leave plus bank holidays.
• Hybrid model with up to 60% remote work.
• Non‑contributory pension (8–12% depending on age) and life assurance at eight times your salary.
• Private healthcare with Bupa, income protection and 24/7 Employee Assistance.
• 35 hours of paid volunteering annually.
• A flexible benefits scheme designed around your lifestyle.

Application Timeline

• Job advert close: 2nd November 23:59
• CV review/shortlist: 4th November
• Case study: w/c 10th November
• First interview: 13th November onwards
• Recruiter will discuss the process in detail; please inform if unavailable during this period.

Our Values & Culture

Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture that celebrates differences and supports colleagues to deliver at their best. We believe that diversity leads to better decisions, innovation and effective regulation.

Disability Confident Employer

We are proud to be a Disability Confident Employer. Applicants with disabilities who meet the minimum criteria will progress to the next stage of the recruitment process. In high‑volume scenarios, we may progress applicants whose experience most closely matches the role’s key requirements.