Salary:  National ranging from £51,200 to £62,000 and London £56,400 to £68,000 per annum – Salary offered will be based on skills and experience

Are you interested in joining a team that will help shape and deliver the future of Asset Management at the FCA?  

Do you want to be a part of a stimulating and collaborative team environment, working at the frontline of a world-leading financial regulator?

We're looking for someone to join the Asset Management & Funds Department within the FCA’s Buy-Side Supervision Directorate. Our focus is to develop and apply supervision strategies that have a meaningful impact in preventing harm to consumers and financial markets. In practice this means understanding how the firms that we supervise could pose a risk to consumers, leveraging subject matter expertise to build knowledge of key risks and then partnering with regulators specialists in addressing these risks. This role will put you at the forefront of supervising firms in the Alternatives sector, using data and firm engagement to determine potential risks to financial markets and consumers.

What you will be doing

• You will be responsible for understanding how the strategies, business models or operations of Alternatives firms could cause harm to consumers

• Drive the design and implementation of supervision strategies to create real change in firms in the best interests of consumers

• You will drive senior interactions, communicating clearly and succinctly, influencing their conduct and shaping key decisions through application of sound judgement

• Working on reactive work in response to firm issues and industry developments and driving thematic work and projects on key risk areas for the sector

• Working collaboratively and building strong relationships with internal stakeholders such as Authorisations and Enforcement, as well as external parties such as other regulators

• Contributing to the wider department, including making recommendations for continuous improvement of our processes and identification of sector-wide risks and issues

What will you get from the role?

This exciting role offers you the opportunity to engage and influence change at firms across the sector.  You will be exposed to strategic issues and key players in financial services. Joining the team offers a key insight into a dynamic and critically important sector, at a time of rapid and fundamental change.

Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your lifecycle. You can use this allowance to purchase additional benefits such as dental or cycle to work or you have the option top up your base salary by taking this as cash. Core benefits that you will receive as standard are: 

• 25 days holiday per year plus bank holidays

• Private healthcare with Bupa 

• A non-contributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age – up to 12% a month once you reach age 35) 

• Life assurance of eight times your basic salary 

• Income protection 

We support hybrid working which means you will be able to work from home up to 60% of the time over a month with the remainder of your time in one of our three office locations.

The skills and experience you’ll have 

We are a signatory to the Government’s Disability Confident scheme. This means that we will offer an interview to disabled candidates entering under the scheme, should they meet the minimum criteria for a role.

Minimum

• Industry, consultancy or regulatory experience within asset management or alternative investments

• Experience of reviewing, investigating, and assessing information from various sources to make sound judgements

• Proven experience of managing internal and external stakeholders at all levels

Essential

• Ability to present yourself and the FCA in a professional and credible manner

• A great team player who works effectively with others to achieve positive outcomes

• Strong interpersonal skills and the ability to build and maintain relationships with senior management and stakeholders

• A good communicator, who explains issues clearly, concisely and can influence others. Offering constructive challenge, delivering strong messages, and responding to challenge effectively

• Ability to operate with confidence in an environment of uncertainty, complexity, and rapid change

• Experience in managing a wide range of issues and competing priorities effectively

• Ability to learn, develop and take on new responsibilities, quickly filling gaps in your understanding

About the FCA 

The FCA regulates the conduct of 50,000 firms in the UK to ensure our financial markets are honest, fair and competitive. We do this to make sure markets work well for individuals, businesses and the economy as a whole. For more information on what we do, our three-year strategy can be found here. 

The FCA's Values & Diversity 

Our ambition is to cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. 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.

The FCA is committed to achieving greater diversity across all levels of the organisations. Given this, we particularly welcome applications from women, disabled and minority ethnic candidates for our senior associate role.  

Flexible working  

We welcome applications from candidates who are looking for flexible arrangements.  Many of our staff work flexibly including working part-time, staggered hours, and job shares.  We can’t promise to give you exactly what you want but we won’t judge you for asking. 

Multi-Location

As part of the FCA’s on-going commitment to develop our national presence, most of our vacancies are now open to working in our Edinburgh, Leeds, or London offices.  This means that as part of the application process you will be able to select your preference of which office location you would like to work from.  

Useful information  

Applications for this role close at midnight on 22nd September

This role is graded as Senior Associate - Regulatory

What to expect from our interview process  

The process will involve the below stages:

• A 30-minute call with the hiring manager

• A case study to be completed follow by a 60-minute competency interview

Your Recruiter will discuss the process in detail with you during screening for the role.

Recruitment Timetable   

Advert closing date: 22nd September

Screening calls: 2nd-4th October

Case study & interview: 9th-11th October

Please make the recruiter aware if you are going to be unavailable for any date during this time.

Got a question?  

If you are an external candidate and you are interested in learning more about the role, please contact Aaron Ward on [email protected]

If you are an internal candidate and you are interested in learning more about the role, please contact Lucy Matthews on [email protected]

Please note that all applications must be submitted through our online portal before the closing date, applications sent via email will not be accepted.

Application support

We want to remove any possible barriers and are committed to providing a wide range of reasonable adjustments so that you can keep the focus on your conversations and be at your best.   

If you have an accessibility requirement, disability, or condition that means you might require changes to the recruitment process, please contact your recruiter to discuss this further. Our aim is to make your application as easy and comfortable as possible, and your recruiter will be happy to work with you to make any necessary arrangements where possible.