At a Glance
- Tasks: Analyse business models, assess risks, and design effective supervision strategies.
- Company: Join the FCA, a key player in regulating UK financial services.
- Benefits: Competitive salary, career growth, and impactful work in finance.
- Other info: Dynamic team environment with opportunities for collaboration and innovation.
- Why this job: Make a real difference in protecting consumers and shaping the future of finance.
- Qualifications: Strong analytical skills and ability to engage with diverse stakeholders.
The predicted salary is between 43100 - 50100 £ per year.
**Division:** Supervision, Policy and Competition (SPC)
**Department:** Market Interventions - Alternatives
**Salary:** National (Edinburgh and Leeds) ranging from £43,100 to £50,266 and London from £47,300 to £55,116 per annum (salary offered will be based on skills and experience)
**This role is graded as:** Associate level 8 – Regulatory
**Your recruitment contact is** Shafika via Shafika.shaikh@fca.org.uk. Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.
**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). Sitting within the Buy-Side Directorate, the Market Interventions (MI) – Alternatives Department supervises a broad range of alternative investment firms, from private equity to real estate and infrastructure, using data-driven supervision and collaboration with industry to address key harms and support sustainable market growth. Our team supervises over 100 bank-owned asset managers, standalone custody banks, depositaries and fund service providers. These include some of the world’s largest asset managers by AUM and global systematically important banks (G-SIBs). The team’s role involves the assessment of a diverse and interesting set of supervisory and market issues. We develop and deliver assertive supervision strategies that have a meaningful impact on mitigate key risks in the sector, reacting to emerging issues and market events, preventing serious harm to consumers and financial markets, as well as promoting competition and growth. The work is challenging, rewarding and impactful.
**Role responsibilities**
- Analyse firms’ business models and strategies to identify key risks of market and consumer harm, demonstrating clear analytical insight through informed assessments
- Support the design and delivery of supervision strategies by applying a broad suite of supervisory tools to deliver effective regulatory outcomes
- Engage with diverse stakeholders to communicate expectations, gather market insights and encourage better conduct through sound judgement and clear communication
- Contribute to thematic reviews and sector-wide projects that address emerging and priority risk areas across the industry
- Collaborate with internal groups across policy, authorisations, financial resilience, technical and enforcement functions to improve supervisory insight and operational impact
- Build relationships with domestic and international regulators, including major global supervisory bodies, to enhance cross‐market understanding
Custody Banks & Asset Management Supervision Associate employer: PSR Limited
The Financial Conduct Authority (FCA) is an exceptional employer, offering a dynamic work environment in the heart of the UK's financial sector. With a strong commitment to employee development, the FCA provides numerous growth opportunities and fosters a collaborative culture that values diversity and innovation. Working in locations like Edinburgh, Leeds, and London, employees benefit from competitive salaries, a focus on work-life balance, and the chance to make a meaningful impact on the financial services landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Custody Banks & Asset Management Supervision Associate
✨Tip Number 1
Networking is key! Reach out to professionals in the custody banks and asset management sectors. Use LinkedIn to connect, ask for informational interviews, and get insights into the industry. We can leverage our connections to help you find opportunities.
✨Tip Number 2
Prepare for interviews by researching the FCA and its role in regulating financial services. Understand their recent initiatives and challenges in the market. This will show your genuine interest and help us stand out during the interview process.
✨Tip Number 3
Practice common interview questions related to risk assessment and regulatory compliance. Mock interviews with friends or mentors can boost your confidence. We can even set up a practice session together to refine your responses.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the FCA team. Let’s make sure we get that application in!
We think you need these skills to ace Custody Banks & Asset Management Supervision Associate
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Custody Banks & Asset Management Supervision Associate role. Highlight relevant experience and skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our mission at StudySmarter. Keep it concise but impactful!
Showcase Your Analytical Skills:Since this role involves analysing business models and strategies, make sure to showcase any analytical skills or experiences in your application. We love seeing how you approach problem-solving!
Apply Through Our Website:Don’t forget to submit your application through our online portal! Applications sent via email or social media won’t be considered, so make sure you follow the process. We’re excited to see what you’ve got!
How to prepare for a job interview at PSR Limited
✨Know Your Stuff
Make sure you understand the role of a Custody Banks & Asset Management Supervision Associate. Brush up on key concepts like regulatory frameworks, risk assessment, and market dynamics. This will help you answer questions confidently and show that you're genuinely interested in the position.
✨Prepare Real-World Examples
Think of specific instances from your past experiences where you've demonstrated analytical skills or effective communication. Be ready to discuss how you’ve tackled challenges in previous roles, especially those related to financial services or regulatory environments.
✨Engage with Questions
Interviews are a two-way street! Prepare thoughtful questions about the team’s current projects or the challenges they face in supervision. This shows your enthusiasm for the role and helps you gauge if the company is the right fit for you.
✨Practice Makes Perfect
Conduct mock interviews with a friend or mentor. Focus on articulating your thoughts clearly and concisely. This will help you feel more at ease during the actual interview and improve your overall delivery.
