Senior Wholesale Banking Supervisor in London

Division: Supervision, Policy & Competition

Department: Wholesale Banks – Sell Side

Salary: National (Edinburgh and Leeds) ranging from £52,400 to £68,000 and London from £57,700 to £75,000 (salary offered will be based on skills and experience)

Grade: Senior Associate - Regulatory

About the FCA and team

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

SPC oversees firms and individuals (supervision), creates and reviews the rules by which they operate (policy) and identifies and remedies ineffective competition in markets (competition). The Sell-Side Directorate oversees wholesale banks, intermediaries, market infrastructure and exchanges, ensuring fair, transparent and resilient wholesale markets that support the effective functioning of the UK's financial system.

Role responsibilities:

• Understanding firms' business strategies and activities, how they adapt in response to the external environment and what implications these changes have for wholesale conduct risks.
• Working collaboratively within a focused supervisory team including playing an active role in relevant workstreams.
• Contribute to developing and implementing strategies to supervise firms.
• Building and developing effective relationships with firms' senior management, internal stakeholders, and other regulators.
• Providing timely briefings to FCA senior management 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.

Skills required:

• Minimum prior experience working in either a wholesale financial service environment such as firms, legal and consultancy or other regulatory and governmental organisations.
• Proven experience of analysing complex business models and products and/or wholesale conduct risks.
• Proven experience of stakeholder management engagement, able to build and maintain impactful relationships with senior management at wholesale banks, other regulators, and staff at all levels within the FCA.
• A curious and inquisitive mindset, ability to see the big picture and to deliver in the public interest.
• Strong written and verbal communication skills.
• Evidence of analysing 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.
• Prioritise and adapt to meet changing circumstances and work quickly and effectively on key tasks.
• Work independently, use sound judgement and elevate issues appropriately.

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.

Our Values & Culture

Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that's free from discrimination and bias, celebrates difference, and supports colleagues to deliver at their best. 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.

If you require any adjustments due to a disability or condition, your recruiter is here to help - reach out for tailored support. We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.

Disability Confident: Our Hiring Approach

We are proud to be a Disability Confident Employer, and therefore, people or individuals with disabilities and long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. In cases of high application volumes we may progress applicants whose experience most closely matches the role's key requirements.

Useful Information and Timeline:

• Job advert close: 30th January at 23:59pm.
• CV Review/Shortlist: 3rd February.
• Case Study & Interview: w/c 9th February.

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.