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Manager – asset servicing & asset management supervision

Edinburgh
Financial Conduct Authority
Asset manager
Posted: 18h ago
Offer description

Job title: Manager – Asset Servicing & Asset Management Supervision
Division: Supervision, Policy and Competition
Department: Wholesale Buy-Side

1. Salary: National (Edinburgh and Leeds) ranging from £74,900 to £105,000 and London £82,300 to £115,000 per annum (Salary offered will be based on skills and experience)

2. This role is graded as: Manager, Regulatory

3. Your external recruitment contact is Shafika via k

4. Your internal recruitment contact is Katie 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 in the UK, to keep financial markets fair, thriving and resilient. By joining us, you’ll play a key part in protecting consumers, driving economic growth, and shaping the future of UK finance services.

The Supervision, Policy and Competition Division within oversees firms and individuals (supervision), creates and reviews the rules by which they operate (policy) and identifies and remedies ineffective competition in markets (competition). Within this, the Buy‑Side Directorate oversees asset managers, alternative asset managers, funds, and the asset servicing firms that support the buy‑side. It aims to ensure these firms operate with integrity, deliver fair value, and support well‑functioning, competitive markets that work for consumers and the wider economy.

The Asset Servicing and Asset Management team is strategically significant to market integrity and investor protection. It brings together a system wide supervisory lens within a single perimeter, reflecting how asset management risks manifest across the value chain, from asset managers investing across public and private markets through to the asset servicing and fund services that support them.

Role responsibilities

5. Manage, develop and inspire a capable team overseeing buy-side firms, ensuring consistent, high-quality supervisory outcomes while shaping a collaborative and inclusive team culture

6. Set clear priorities and strategic direction, ensuring focused and effective supervision across a complex portfolio and enabling the team to deliver meaningful market outcomes

7. Own and deliver the supervisory strategy for Buy-Side Custody & Fund Services, enhancing oversight of critical market infrastructure and contributing to market stability and investor confidence

8. Apply judgement on complex and high-profile regulatory issues, guiding key decisions and interventions while working on market sensitive and impactful challenges

9. Support risk focused supervision across asset servicing and asset management, tackling investor protection, operational resilience and governance to shape how firms operate and safeguard clients

10. Manage engagement with senior stakeholders including Boards and executives, building trusted, professional relationships and enhancing your impact at the highest levels

11. Collaborate with internal teams and international regulators, delivering coordinated, forward-looking regulatory outcomes and broadening your exposure across an evolving regulatory landscape

12. Contribute to directorate strategy and cross organisational initiatives, supporting the future of supervision and playing a key role in supporting innovation and long-term priorities

Skills required

Minimum:

13. Demonstrable leadership experience, including managing people or leading complex work in financial services, at regulators or adjacent environments

14. Demonstrable experience of stakeholder engagement with the ability to explain complex supervisory judgements and engage effectively with senior internal and external stakeholders

15. Experience of supervising, assessing or engaging with regulated firms, or operating in a comparable risk, compliance, policy or regulatory role

Essential:

16. Sound judgment, with the ability to make and explain difficult decisions in sensitive situations

17. Ability to prioritise effectively, manage competing demands and deliver outcomes in a high‑profile, risk‑sensitive portfolio

18. Solid understanding of the buy side industry, including asset servicing and asset management business models and operating environments

19. Experience dealing with operational and investment risks across the lines of defence

20. Experience of supervising systemically important firms or engaging with regulators

Benefits

21. 28 days annual leave plus bank holidays

22. Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary

23. Private healthcare with Bupa, income protection, and 24/7 Employee Assistance

24. 35 hours of paid volunteering annually

25. Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors)

26. 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 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 timelines

27. Advert Close Date: 1st June 2026

28. CV Review/Shortlist: 3rd June 2026

29. First Interview: W/C 15th June 2026

30. Manager Assessment: W/C 22nd June 2026

31. 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.

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