Senior Wholesale Banking Firm Supervisor – 12 Month Fixed Term Contract

Division – Supervision, Policy and Competition

Salary - National (Edinburgh and Leeds) ranging from £52,400 to £68,000 and London £57,700 to £75,000 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.

The Team/Department

The Wholesale Banks Department sits within the Supervision, Policy, and Competition Division of the FCA and has responsibility for the conduct of business supervision of investment banking groups.

What will you be doing?

• 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 focussed 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

What will you get from the role?

• The role provides exciting opportunities to work on a range of issues of key importance to financial services
• To develop and implement strategies to oversee firms and to 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.
• Minimum: Prior experience working in either a wholesale financial service environment such as firms, legal and consultancy or other regulatory and governmental organisations
• Prior experience working in an analytical role
• Prior experience of building and maintaining effective relationships with senior management and other key stakeholders, both internally and externally

Essential:

• A curious and inquisitive mindset, ability to see the big picture and to deliver in the public interest
• 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
• Experience of working with complex business models and products and/or wholesale conduct risks or evidence through another role you could quickly do this
• 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 verbal and written communication skills
• Ability to work independently, use sound judgement and escalate issues appropriately

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.

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% of basic salary each month (there are several contribution levels that increase depending on your age – up to 12% a month once you reach age 35)
• Life assurance of eight times your basic salary
• 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.

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.

Useful Information and Timeline

• This role is graded as Senior Associate
• This is a 12 month Fixed Term Contract
• Advert Closing Date: 20th of July
• CV Review/Shortlist: 21st of July
• First Round Case Study Assessment: 24th and 25th of July
• Competency Based Interview: The week commencing the 28th of July

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: Riley Fox at