Primary Markets Supervisor

Division: Enforcement & Market Oversight

Department: Primary Market Oversight

Salary: National (Edinburgh and Leeds) ranging from £53,800 to £70,500 and London from £59,200 to £77,000 (salary offered will be based on skills and experience)

This role is graded as: Senior Associate - Regulatory

Your recruitment contact is: Riley via riley.fox@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. The Market Oversight Directorate oversees conduct in UK primary and secondary markets through the listing, prospectus, and market abuse regimes, aiming to promote trusted, orderly, and efficient markets via its four departments: Listing, Primary Market Oversight, Secondary Market Oversight, and Market Oversight Data & Intelligence. The Primary Market Oversight (PMO) Department, within the Market Oversight Directorate, ensures trusted and orderly UK primary markets by overseeing the Market Abuse Regulation, Listing Rules and Disclosure and Transparency Rules. It brings together five specialist teams to provide guidance, supervise key market participants, monitor disclosures and investigate potential breaches. Within this, Primary Market Specialist Supervision (PMSS) oversees key regimes focused on primary markets activities, including MAR, and includes the sponsor, Primary Information Provider (PIP) and proxy adviser regimes, ensuring issuers receive appropriate advice at critical stages, regulatory information is effectively disseminated, and investors are supported by high-quality research and voting services.

Role responsibilities:

• Developing and maintaining relationships with your sponsor firms/PIPs through regular communications
• Developing an understanding of the relevant firms, their staff and systems and controls
• Analysing and understanding technical issues that have arisen, applying your knowledge of the relevant regulation
• Managing and coordinating desk-based or on-site reviews at sponsors and other corporate finance firms
• Considering applications from firms wishing to become a sponsor, PIP or proxy adviser
• Leading on or supporting policy development work and other FCA projects
• Where appropriate, providing feedback to firms and taking appropriate action

Skills required:

Minimum:

• Experience working in primary markets (whether in corporate finance, investment banking compliance or regulation role)
• Demonstrable experience in assessing complex information and presenting written analysis
• Prior experience within the workplace of handling and prioritising a varied caseload

Essential:

• Effective written and oral communication skills
• The ability to manage, prioritise and deliver across a diverse portfolio of projects and cases
• Experience showing initiative and judgment and the ability to make real-time decisions about when and how to escalate
• The ability to identify key risks and opportunities and to recognise the impact of a course of action on our stakeholders
• Previous experience coordinating and working with individuals or small teams on case or project work
• The ability to work collaboratively and flexibly with colleagues across the FCA
• Effective negotiation and relationship building skills, the ability to effectively communicate difficult messages with credibility and to use a range of communication approaches

Benefits:

• 25 days annual leave plus bank holidays
• 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)
• 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:

• Advert Closing: 7th July at 11:59pm
• CV Review/Shortlist: 9th July
• Interviews: w/c 20th 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.

SC Clearance is required for this role (SC Guidance) - you will hold or will be required to obtain Security Check (SC) level vetting.