Regulatory Data and Strategy Specialist

Division - Banking, Insurance, and Early & High Growth Oversight Department

Department - Authorisations

Salary - National (Edinburgh and Leeds) ranging from £67,100 to £81,000 and London £73,700 to £90,000 per annum (Salary offered will be based on skills and experience)

About the FCA

The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. Follow this link to find out more About the FCA.

We are seeking a Technical Specialist to join our Authorisations Division within the Banking, Insurance, and Early & High Growth Oversight Department.

Our Banking and Insurance teams authorise new deposit-takers, insurers and insurance intermediaries and our Early & High Growth Oversight teams supervise newly authorised and high-growth firms.

What will you be doing?

As a Technical Specialist, you will take a key role in supporting, shaping and implementing the strategy for early and high-growth oversight supervision and our banking and insurance authorisations functions. You will work with cross-functional teams to identify potential harm and opportunities to support innovation in the UK financial services market.

You will also provide expert technical leadership on banking and insurance authorisation cases, ensuring that we continue to meet our regulatory obligations while fostering a positive and collaborative environment for growth.

Key Responsibilities:

• Develop, implement and support a data-driven strategy for early and high growth oversight supervision and banking and insurance authorisations, helping to identify risks and opportunities

• Horizon scan the banking and insurance sectors and collaborate with cross-departmental teams to harness data to monitor emerging trends and innovations.

• Provide expert technical leadership on banking and insurance authorisation cases, supporting decision-making processes and ensuring compliance with regulatory standards, and developing capability in others.

• Develop and influence the FCA’s data strategy to deliver our strategic ambitions and contribute to policy development and thought leadership within the Authorisations division, particularly concerning the oversight of early and high-growth firms

• Engage with internal and external stakeholders, including regulated firms and industry bodies, to promote understanding and support innovation in financial services

• Actively contribute to and support the development of the FCA’s broader priority objectives of promoting competition, consumer protection, and market integrity

What will you get from the role?

This is an exciting opportunity to play a pivotal role in developing and implementing a data-led approach to the authorisation and early years supervision of new financial services businesses, helping us identify potential risks and promote innovation in the financial sector.

Which skills are required?

We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme Click Here)

Minimum

• Prior experience in the financial services industry, with a focus on banking, insurance, or early-stage/high-growth firms

• Prior experience of developing strategy and fast-paced delivery

• Prior experience of presenting complex proposals to senior stakeholders

Essential

• Strong knowledge of the regulatory framework for banking and/or insurance sectors

• Demonstrable ability to use data and analytics to inform decision-making and identify trends, risks, or opportunities

• Excellent communication skills, with the ability to engage and influence both internal and external stakeholders

• Collaborative approach and experience supporting in cross-functional teams

• A proactive and delivery focussed mindset with an ability to design approaches that facilitate safe and sustainable growth

Our Values & Diversity

We are proud to be an inclusive employer and our ambition is to cultivate a culture 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.

Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.

Did you know? 50% of our Executive Committee were the first in their family to attend university.

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

Benefits of working at the FCA

• 28 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 also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.

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 can explore what might work best for both sides.

Follow this link to see what life is like at the FCA - Life at the FCA

Application Support

We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.

If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.

Useful Information and Timeline

• This role is graded as Technical Specialist – Regulatory

• Advert Closing Date:  Sunday 15th December

• First Round Competency Based Interview: Early January 2025

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. 

Got a question?

If you are interested in learning more about the role, please contact: 

For internal candidates: please speak to Jen Wishart on [email protected]

For external applicants, please contact Aaron Ward on [email protected] 

Applications must be submitted through our online portal. Applications sent via email will not be accepted.