Senior Economist – 12 Month Fixed Term Contract
Division: Operations
Department: Economics
1. Salary: National (Edinburgh and Leeds) ranging from £52,400 to £65,500 and London from £57,700 to £72,000 (salary offered will be based on skills and experience)
2. This role is graded as: Senior Associate
3. Your recruitment contact is Riley Fox 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 financial services.
The Economics Division is formed by a diverse mix of backgrounds and works closely with colleagues across the FCA to ensure high-quality and effective choices across all aspects of FCA regulation.
Role responsibilities
4. Own Key Risk Initiatives: Guide elements of the FCA’s work on Risk Rebalancing and Tolerable Failure by refining analytical frameworks and ensuring their effective use across the organisation
5. Showcase Real-World Outcomes: Develop case studies that demonstrate how the framework applies to authorisation, supervision, and enforcement, informing critical regulatory choices
6. Support the rollout of the Analytical Framework internally and externally through briefings, guidance, and consistent implementation across teams
7. Innovate for the Future: Contribute to systems-thinking projects and explore AI-driven solutions to enhance economic insight and regulatory effectiveness
Skills required
Minimum:
8. Demonstrated background in Economics through a degree in the field or completion of at least half the program's modules in Economics
9. Prior experience applying appropriate economic tools, techniques and methods to a range of analytical problems or research questions, drawing on relevant economic theory
10. Demonstrable experience engaging and collaborating effectively with stakeholders (project colleagues, external collaborators, and users and commissioners of project work), to enhance the impact of project outputs
Essential:
11. Experience in identifying and analysing different sources of information to inform analysis and the ability to apply economic/analytical principles to issues you are not familiar with
12. Ability to have strong personal impact, persuading with well-reasoned arguments and challenging where appropriate
13. Ability to work collaboratively and effectively with internal and external stakeholders, developing and maintaining working relationships
14. Willingness to explore new techniques and approaches to economics work, including systems thinking and the role of AI in economic insights
15. Experience applying an analytical lens to the practical rebalancing of risk, including assessing trade-offs, tolerances, and distributional impacts to inform real-world policy, regulatory, or strategic decisions
Benefits
16. 25 days annual leave plus bank holidays
17. Hybrid model with up to 60% remote work
18. Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary
19. Private healthcare with Bupa, income protection, and 24/7 Employee Assistance
20. 35 hours of paid volunteering annually
21. 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 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 choices, 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:
22. Job advert close: 22nd March at 11:59pm
23. CV Sift: 24th March
24. First Interview: w/c 30th March
25. 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.