Salary:

National £51,200 - £67,000, depending on experience
London £56,400 - £75,000, depending on experience

An interesting opportunity to join an innovative high-profile, fast-paced department dealing with unique and challenging issues and firms

We are seeking a Financial Promotions Supervisor to join the Engagement & Strategy team. The Engagement & Strategy team has responsibility for the delivery of strategic initiatives and project work to address the drivers of harm in the financial promotions, high risk investment and scams arena.

This work includes development of the crypto and Section 21 FSMA approvers supervisory strategies. The team is also responsible for the initial investigation and triaging of notifications from Section 21 approvers who have approved financial promotions for high-risk investments (including cryptoassets).

We work closely with colleagues across the FCA to develop end-to-end solutions to regulatory problems.  We are also responsible for the identification, tracking and mitigation of emerging risks – particularly those that cross-FCA sectors. 

The team’s work has the potential to be high-profile, innovative and in the media spotlight. The successful candidate will need drive and proven organisational skills and be able to quickly build and maintain strong relationships with external stakeholders, firms, and cross-FCA internal stakeholders. 

What you will be doing

• Assessing notifications (and related financial promotions) from Section 21 permitted approvers who have approved promotions from unauthorised firms and making good regulatory recommendations that further the FCA’s objectives
• Delivery of supervisory projects and other initiatives, including: the development of strategies & processes; planning; methodology development; and execution 
• Utilising a range of supervisory tools to ensure firms have the interests of their customers, and the integrity of the market, at the heart of how they run their business
• Building, maintaining and developing effective relationships with stakeholders both internally and externally
• Supporting more junior members of the team through coaching and mentoring 
• Championing the development and maturity of our cross-firm view of potential harm across the divisions

What will you get from the role?

• Opportunity to join an innovative high-profile, fast-paced department dealing with issues and firms
• Be at the forefront of the development and implementation of the FCA’s intervention strategy
• Directly influence firms and sectors, and potentially impact the outcomes experienced by the consumers of these firms
• Work in a collaborative, inclusive and learning environment

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 will 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, who best meet the minimum criteria for a role.

Minimum

• Experience of analysing, and making decisions based on information relating to risks and firms’ compliance with FCA rules 
• Excellent written communication skills 
• Experience in either financial promotions, firm supervision, or the investment sector, gained through industry or regulatory experience 

Essential

• Ability to think clearly and rigorously about how best to assess and validate risks of harm and reach robust risk-based judgements, including under pressure
• Comfortable working in an uncertain and fluid environment where there may be minimal established process or precedent
• Good understanding of conduct risk, consumer behaviour and the drivers of potential harm and poor consumer outcomes
• Ability to work effectively with others as part of a team in order to achieve desired outcomes
• Ability to build effective working relationships with key internal and external stakeholders to communicate key messages and explain complex issues in a clear and concise manner
• Ability to work under pressure, manage a variety of work streams and issues and prioritise accordingly

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. 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 - Regulatory 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 23:59 on 26th November 2024

This role is graded as Senior Associate – Regulatory

What to expect from our interview process  

All applications will be reviewed once the advert has closed.

Shortlisted candidates will be invited to complete a case study and a 60-min competency-based interview.

Got a question?    

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

For Internal applicants, please contact Cheryl Cheung at [email protected]

For External applicants, please contact Aaron Ward at [email protected]

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. 

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