Financial Crime Associate
Division: Supervision, Policy and Competition
Department: Financial Crime Market Intervention
1. Salary: National (Edinburgh and Leeds) ranging from £43,100 to £51,700 and London from £47,300 to £57,000 (salary offered will be based on skills and experience)
2. This role is graded as: 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 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).
Sitting in the Specialist Directorate, the Financial Crime Market Intervention (FCMI) department provides the FCA with specialist financial crime expertise to support its strategic objective by helping to minimise the risk of regulated businesses being used for purposes connected with financial crime.
Role responsibilities:
4. Take ownership of a varied and meaningful workload deliver assigned work with autonomy and accountability, contributing directly to the FCA’s mission to protect consumers and uphold market integrity
5. Engage with high-profile and complex strategic issues support assessments of financial crime systems and controls across diverse financial sectors, helping shape the future of financial crime compliance
6. Collaborate with external agencies and law enforcement build trusted partnerships that enhance regulatory effectiveness and strengthen the UK’s financial crime response
7. Work cross-functionally with internal teams partner with Supervisors, Intelligence, and Enforcement teams to share insights and drive coordinated action across the FCA
8. Join a creative and collaborative environment be part of a team that values innovation and teamwork, focused on achieving strong compliance outcomes through fresh thinking and shared expertise
9. Exercise sound judgement in fast-paced situations, make confident decisions under pressure, learn from experience, and continuously improve your impact on financial crime regulation
Skills required:
Minimum:
10. Prior experience and knowledge of the UK financial crime legal and regulatory regime, gained through study or experience
11. Prior experience and a good working knowledge of the structure of the financial services industry key products and services and key processes
Essential:
12. Knowledge of the FCA’s regulatory and wider legal framework
13. A good understanding of the wider business, economic, and market environment and how this affects firms’ vulnerability to financial crime.
14. The ability to quickly analyse and interpret a variety of data and information to execute effective actions to mitigate risk
15. The ability to work effectively with a variety of stakeholders, both external and within the FCA, provide effective challenge and find solutions to problems
16. Prior experience of dealing with multiple tasks and managing competing work streams often under tight deadlines
17. Prior experience communicating with firms clearly, showing well organised oral and written communication skills
Benefits:
18. 25 days annual leave plus bank holidays
19. Hybrid model with up to 60% remote work
20. Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary
21. Private healthcare with Bupa, income protection, and 24/7 Employee Assistance
22. 35 hours of paid volunteering annually
23. 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
Timeline:
24. Advert Close date: 11th November
25. CV Review/Shortlist: 13th November
26. Case Study Assessment: w/c 24th November
27. Competency Based Interview: w/c 1st December
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.
SC Clearance is required for this role (SC Guidance) - you will hold or will be required to obtain Security Check (SC) level vetting