At a Glance
- Tasks: Supervise wholesale banks and ensure fair market practices while collaborating with a dynamic team.
- Company: Join the FCA, a leading regulator shaping the future of UK financial services.
- Benefits: Enjoy 25 days leave, hybrid work, private healthcare, and a flexible benefits scheme.
- Why this job: Make a real impact on the financial sector and protect consumers in a vital role.
- Qualifications: Experience in wholesale finance, strong analytical skills, and excellent communication abilities.
- Other info: Diverse and inclusive culture with opportunities for career growth and development.
The predicted salary is between 52400 - 68000 £ per year.
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
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’ll 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.
- Essential: 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’re 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.
Senior Wholesale Banking Supervisor employer: Financial Conduct Authority
Contact Detail:
Financial Conduct Authority Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Wholesale Banking Supervisor
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at the FCA or similar organisations. A friendly chat can open doors and give you insights that might just set you apart from the competition.
✨Tip Number 2
Prepare for your interview by understanding the FCA's values and culture. Show how your experience aligns with their mission to keep financial markets fair and effective. We want to see your passion for the role!
✨Tip Number 3
Practice your communication skills! Whether it's verbal or written, being able to articulate your thoughts clearly is crucial. Try mock interviews with friends or use online resources to refine your delivery.
✨Tip Number 4
Don’t forget to apply through our website! It’s the only way to ensure your application gets seen. Plus, it shows you’re serious about the role and ready to follow the process.
We think you need these skills to ace Senior Wholesale Banking Supervisor
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Wholesale Banking Supervisor role. Highlight relevant experience in wholesale banking and regulatory environments, and don’t forget to showcase your stakeholder management skills!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention specific experiences that align with the responsibilities outlined in the job description.
Be Clear and Concise: When filling out your application, keep your language clear and concise. We want to see your communication skills in action, so avoid jargon and get straight to the point!
Apply Through Our Website: Remember, applications must be submitted through our online portal. Don’t send them via social media or email, as we won’t be able to accept those. Head over to our website and get your application in!
How to prepare for a job interview at Financial Conduct Authority
✨Know Your Stuff
Make sure you understand the wholesale banking landscape and the specific role of the FCA. Brush up on recent regulatory changes and how they impact wholesale banks. This will show that you're not just interested in the job, but also in the industry as a whole.
✨Showcase Your Stakeholder Skills
Prepare examples of how you've successfully managed relationships with senior management or other regulators. Think about times when you had to navigate complex situations and how you built trust and rapport. This is crucial for the Senior Wholesale Banking Supervisor role.
✨Communicate Clearly
Practice articulating your thoughts clearly and concisely. You’ll need strong written and verbal communication skills, so consider doing mock interviews or presenting your ideas to friends. Being able to convey complex information simply will set you apart.
✨Embrace Inclusivity
Familiarise yourself with the FCA's Diversity and Inclusion agenda. Be ready to discuss how you can contribute to an inclusive environment. Highlight any experiences where you’ve worked collaboratively in diverse teams, as this aligns with the FCA’s values.