Lead Money Remitters Associate

Lead Money Remitters Associate

Division: Supervision, Policy and Competition (SPC)
Department: Money Remittance Portfolio
Salary Banding: National (Edinburgh and Leeds) ranging from £60,700 to £70,700 and London £66,600 to £77,600 (salary offered will be based on skills and experience)
Role Grade: Lead Associate – Regulatory

Role Responsibilities

• Lead the supervision of higher‑risk money remittance firms, developing deep insight into domestic and international payment models, agent networks and third‑party relationships to identify and address emerging risks.
• Conduct complex supervisory assessments, firm engagements and investigations, ensuring firms meet regulatory standards and deliver fair outcomes for consumers.
• Use evidence, judgment and regulatory knowledge to challenge poor practices, brief senior decision‑makers and secure meaningful improvements where standards fall short.
• Manage delivery across a range of high‑profile supervisory priorities, helping to protect consumers and maintain confidence in the UK’s financial system.
• Support, coach and develop colleagues, building an inclusive, high‑performing team culture and enabling others to perform at their best.
• Collaborate with colleagues across the FCA and external partners, including HMRC and law enforcement, to share intelligence, prevent financial crime and enhance market oversight.
• Manage a diverse portfolio of complex cases, balancing competing priorities to deliver timely, high-quality and impactful regulatory outcomes.
• Deputise for the Team Manager and represent the FCA in key internal and external forums, gaining exposure to senior stakeholders while helping shape regulatory strategy and protecting millions of consumers who rely on safe and effective payment services.

Qualifications

Minimum Requirements

• Prior experience within regulatory and/or payment industry.
• Experience analysing complex information and making sound, evidence‑based and risk‑focused judgments.
• Experience managing a varied and high‑volume workload, prioritising effectively and meeting tight deadlines while maintaining quality.

Essential Requirements

• Experience leading, coaching, or developing others through line management, project leadership, or delivery of complex work.
• Experience in investigations, supervision, enforcement, or other structured, analytical casework requiring sound judgment.
• Effective interpersonal and communication skills, with the ability to question, work with and clearly explain decisions both verbally and in writing.
• Understanding of financial crime risks, including AML, terrorist financing and fraud within payments or financial services.
• Ability to assess firms’ systems, controls and governance, evaluating how effectively they operate in practice.
• Ability to operate in busy, high‑pressure environments, managing competing priorities while maintaining accuracy and attention to detail.

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 where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors).
• A flexible benefits scheme designed around your lifestyle.

Diversity & Inclusion

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: 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.