Supervisor, Market Abuse Surveillance (12 month FTC/Secondment)

Division: Enforcement & Market Oversight

Department: Secondary Market Oversight

Salary: National (Edinburgh & Leeds) ranging from £53,000 to £69,000 and London ranging from £59,200 to £76,000 (salary offered will be based on skills and experience)

This role is graded as: Senior Associate – Regulatory

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 Secondary Market Oversight department discharges the FCA’s responsibility to combat market abuse in secondary markets and monitors markets in the service of the FCA’s broader objective to support market function and protect market integrity. The Market Abuse Surveillance Supervision (MASS) team plays a central role in the department’s work. MASS supervises firms’ and trading venues’ market abuse surveillance, ensuring that market participants have effective systems and controls in place to detect and report potential market abuse to the FCA through suspicious transaction and order reports (STORs). In addition to this existing work, MASS is also preparing to take on an additional role in supporting the FCA's new cryptoasset regime, which comes into force in October 2027. This will include supporting the assessment of applications for authorisation of cryptoasset trading platforms, drawing on the team's expertise in surveillance systems, controls and market abuse risk.

Role responsibilities

• Supervision of the STOR regime, including conducting visits to firms, trading venues and other market participants to assess their market abuse surveillance arrangements and STOR policies and procedures
• Working with other FCA teams on the assessment of new trading venues, including cryptoasset trading platforms, to consider whether proposed surveillance processes and procedures are appropriate and aligned with relevant requirements
• Liaising with industry participants including delivering formal presentations and written communications to help highlight market abuse surveillance issues
• Contributing to projects and workstreams linked to market abuse surveillance, STOR supervision and the FCA's developing cryptoasset regime

Skills required

• Minimum: Practical experience in UK financial markets or market abuse surveillance, gained in a financial services firm, trading venue, financial services consultancy firm or regulator.
• Understanding of the UK Market Abuse Regulation (UK MAR)
• Awareness of the UK cryptoasset regime, or the ability to quickly build an understanding of how market abuse risks may arise in cryptoasset markets
• Experience of identifying and analysing key risks of harm from a range of information
• Effective communication skills, with the ability to explain complex events clearly and succinctly
• Sound judgement and the ability to work collaboratively with colleagues and stakeholders to assess risks, form evidence-based views and deliver clear outcomes
• Curiosity with an enthusiasm for learning and sharing knowledge
• Self-starter with proactive approach building knowledge, developing skills and delivering work to a high standard

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
• A flexible benefits scheme designed around your lifestyle

Our values and 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 timelines

Timeline: Job advert closing: 30th August at 11:59pm

CV Review/Shortlist: w/c 31st August

First Stage Interview: w/c 14th September

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.

At the FCA, we’re creating a fair and more resilient financial system. We’re establishing more transparent relationships between financial services and their customers, building trust in financial markets and protecting vulnerable consumers.