At a Glance
- Tasks: Collaborate with industry leaders to shape the future of Open Finance and develop impactful policies.
- Company: Join a leading regulatory body committed to fair and effective financial markets.
- Benefits: Enjoy 25 days annual leave, private healthcare, and a flexible benefits scheme.
- Other info: Flexible hybrid working model with opportunities for professional growth.
- Why this job: Make a real difference in consumer finance while developing your skills in a dynamic environment.
- Qualifications: Prior policy-making experience and strong analytical skills are essential.
The predicted salary is between 43100 - 50266 € per year.
Division: Supervision, Policy and Competition (SPC)
Department: Payments and Digital Assets
Salary: National (Edinburgh and Leeds) £43,100–£50,266; London £47,300–£55,166 (based on skills and experience)
Grade: Associate – Level 8 – Regulatory
We regulate 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.
The Open Finance department, within the Payments and Digital Assets directorate, aims to advance safe, consumer‑permissioned data sharing beyond payments, unlocking better products, services and outcomes for consumers and businesses.
Role Responsibilities
- Work with industry participants to deliver voluntary initiatives aligned with the FCA’s strategy.
- Analyse information to develop policy proposals.
- Lead public consultation on changes to FCA rules and guidance.
- Influence stakeholders and market developments to ensure FCA priorities are reflected in external actions.
- Support Senior Associates with policy development, stakeholder engagement and delivery of team priorities, coordinating inputs and drafting materials.
- Engage with external partners—including government, regulators, industry bodies, firms and consumer groups—to gather evidence, test proposals and communicate FCA policy direction.
Minimum Skills Required
- Prior policy‑making experience or proven ability to analyse and use information from a range of sources to form judgements in a regulated field.
- Experience presenting key issues clearly and succinctly, both orally and in writing.
- Experience building and managing relationships with stakeholders.
Essential Experience
- Analysing information and contributing to policy development.
- Evidence of problem‑solving and organisational skills with the ability to manage multiple competing priorities and issues.
- Good stakeholder management and ability to build a network across and beyond the organisation.
- Willingness to learn, support and develop, taking on new responsibilities and adopting a flexible and pragmatic approach to your work.
Benefits
- 25 days annual leave plus bank holidays.
- 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.
- Hybrid model: work a minimum of 40% in the office each month (expectation rises to 50% for senior leaders).
- A flexible benefits scheme designed around your lifestyle.
Disability Confidence
We’re a Disability Confident Employer. Candidates who best meet the minimum criteria for the role will proceed 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.
Policy Advisor – Open Finance (12 Months Fixed Term Contract) employer: Financial Conduct Authority
As a Policy Advisor in the Open Finance department, you will be part of a dynamic team dedicated to shaping the future of UK financial services. Our commitment to employee well-being is reflected in our generous benefits package, including 25 days of annual leave, a non-contributory pension scheme, and private healthcare. With a strong focus on professional development and a flexible work culture, we empower our employees to thrive while making a meaningful impact in the industry.
Contact Detail:
Financial Conduct Authority Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Policy Advisor – Open Finance (12 Months Fixed Term Contract)
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, webinars, or even local meet-ups. The more you engage with others, the better your chances of hearing about opportunities that might not even be advertised.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you've tackled policy issues or influenced stakeholders in the past. This is your moment to shine and show them what you can bring to the table.
✨Follow Up
After any interviews or networking chats, drop a quick thank-you email. It shows you're keen and keeps you on their radar. Plus, it’s a great opportunity to reiterate why you’re the perfect fit for the role!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and engaged with our mission.
We think you need these skills to ace Policy Advisor – Open Finance (12 Months Fixed Term Contract)
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your relevant experience in policy-making and stakeholder management. We want to see how your skills align with the role of Policy Advisor – Open Finance, so don’t hold back!
Showcase Your Analytical Skills:Since this role involves analysing information to develop policy proposals, be sure to include examples of how you've successfully used data to inform decisions. We love seeing clear, concise examples that demonstrate your problem-solving abilities.
Communicate Clearly:Your written communication skills are key for this position. Make sure your application is well-structured and free of jargon. We appreciate clarity, so keep it straightforward and to the point!
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Financial Conduct Authority
✨Know Your Policy Inside Out
Make sure you’re well-versed in the latest developments in Open Finance and the FCA’s strategy. Brush up on key policies and be ready to discuss how they impact consumers and businesses. This shows your genuine interest and understanding of the role.
✨Showcase Your Analytical Skills
Prepare examples of how you've analysed information to develop policy proposals in the past. Be ready to explain your thought process and how you arrived at your conclusions. This will demonstrate your ability to contribute effectively to policy development.
✨Build Rapport with Stakeholders
Think about how you can demonstrate your experience in managing relationships with stakeholders. Share specific instances where you’ve successfully influenced or engaged with external partners, as this is crucial for the role.
✨Practice Clear Communication
Since the role requires presenting key issues clearly, practice articulating your thoughts succinctly. You might even want to rehearse common interview questions with a friend to ensure you can convey your ideas effectively, both orally and in writing.