Job Title: Senior Wholesale Banking Supervisor
Division: Supervision, Policy & Competition
Department: Wholesale Banks – Sell Side
1. Salary: National (Edinburgh and Leeds) ranging from £52,400 to £68,000 and London from £57,700 to £75,000 (salary offered will be based on skills and experience)
2. This role is graded as: Senior Associate - Regulatory
3. Your recruitment contact is Tahir Khan via k. 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.
SPC oversees firms and individuals (supervision), creates and reviews the rules by which they operate (policy) and identifies and remedies ineffective competition in markets (competition). The Sell-Side Directorate oversees wholesale banks, intermediaries, market infrastructure and exchanges, ensuring fair, transparent and resilient wholesale markets that support the effective functioning of the UK’s financial system.
Role responsibilities:
4. Understanding firms’ business strategies and activities, how they adapt in response to the external environment and what implications these changes have for wholesale conduct risks
5. Working collaboratively within a focused supervisory team including playing an active role in relevant workstreams
6. Contribute to developing and implementing strategies to supervise firms
7. Building and developing effective relationships with firms’ senior management, internal stakeholders, and other regulators
8. Providing timely briefings to FCA senior management both verbally and in writing
9. Collaborating inclusively, contributing to an environment where everyone is listened to and respected and engaging with the FCA Diversity and Inclusion agenda
Skills required:
Minimum:
10. Prior experience working in either a wholesale financial service environment such as firms, legal and consultancy or other regulatory and governmental organisations
11. Proven experience of analysing complex business models and products and/or wholesale conduct risks
12. Proven experience of stakeholder management engagement, able to build and maintain impactful relationships with senior management at wholesale banks, other regulators, and staff at all levels within the FCA
Essential:
13. A curious and inquisitive mindset, ability to see the big picture and to deliver in the public interest
14. Strong written and verbal communication skills
15. Evidence of analysing large amounts of complex information, identifying key themes, drawing logical conclusions, and developing and implementing a strategy and plan of action
16. Able to work effectively as part of a team by working inclusively, contributing to an environment where all opinions are listened to and respected
17. Prioritise and adapt to meet changing circumstances and work quickly and effectively on key tasks
18. Work independently, use sound judgement and escalate issues appropriately
Benefits:
19. 25 days annual leave plus bank holidays
20. Hybrid model with up to 60% remote work
21. Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary
22. Private healthcare with Bupa, income protection, and 24/7 Employee Assistance
23. 35 hours of paid volunteering annually
24. A flexible benefits scheme designed around your lifestyle
For a full list of our benefits, and our recruitment process as a whole visit our benefits page.
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
25. Job advert close: 30th January at 23:59pm
26. CV Review/Shortlist: 3rd February
27. Case Study & Interview: w/c 9th February
28. 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.