Senior Wholesale Banking Firm Supervisor – 12 Month Fixed Term Contract
Division – Supervision, Policy and Competition
Salary - National (Edinburgh and Leeds) ranging from £52,400 to £68,000 and London £57,700 to £75,000 per annum (Salary offered will be based on skills and experience)
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. Follow this link to find out more About the FCA.
The Team/Department
The Wholesale Banks Department sits within the Supervision, Policy, and Competition Division of the FCA and has responsibility for the conduct of business supervision of investment banking groups.
What will you be doing?
1. 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
2. Working collaboratively within a focussed supervisory team including playing an active role in relevant workstreams
3. Contribute to developing and implementing strategies to supervise firms
4. Building and developing effective relationships with firms’ senior management, internal stakeholders, and other regulators
5. Providing timely briefings to FCA senior management both verbally and in writing
6. Collaborating inclusively, contributing to an environment where everyone is listened to and respected and engaging with the FCA Diversity and Inclusion agenda
What will you get from the role?
7. The role provides exciting opportunities to work on a range of issues of key importance to financial services
8. To develop and implement strategies to oversee firms and to help the FCA deliver its goals including market integrity and consumer protection
9. You will be given unparalleled opportunities to engage with senior management at wholesale banks, to work with a range of specialists at the FCA and build relationships with other national and international regulators
10. This role provides excellent development and learning opportunities to develop a rewarding career at the FCA and to contribute to public service
Which skills are required?
We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme Click Here)
Minimum
11. Prior experience working in either a wholesale financial service environment such as firms, legal and consultancy or other regulatory and governmental organisations
12. Prior experience working in an analytical role
13. Prior experience of building and maintaining effective relationships with senior management and other key stakeholders, both internally and externally
Essential
14. A curious and inquisitive mindset, ability to see the big picture and to deliver in the public interest
15. Evidence of working with large amounts of complex information, identifying key themes, drawing logical conclusions, and developing and implementing a strategy and plan of action
16. Experience of working with complex business models and products and/or wholesale conduct risks or evidence through another role you could quickly do this
17. Able to work effectively as part of a team by working inclusively, contributing to an environment where all opinions are listened to and respected
18. Ability to prioritise and adapt to meet changing circumstances and work quickly and effectively on key tasks
19. Strong verbal and written communication skills
20. Ability to work independently, use sound judgement and escalate issues appropriately
Our Values & Diversity
We are proud to be an inclusive employer and our ambition is to cultivate a culture 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.
Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.
Did you know? 50% of our Executive Committee were the first in their family to attend university.
Benefits of working at the FCA
21. 25 days holiday per year plus bank holidays
22. Hybrid working (work from home up to 60% of your time)
23. Private healthcare with Bupa
24. 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)
25. Life assurance of eight times your basic salary
26. Income protection
We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.
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 can explore what might work best for both sides.
Follow this link to see what life is like at the FCA - Life at the FCA
Application Support
We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.
If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.
Useful Information and Timeline
27. This role is graded as Senior Associate
28. This is a 12 month Fixed Term Contract
29. Advert Closing Date: 20th of July
30. CV Review/Shortlist: 21st of July
31. First Round Case Study Assessment: 24th and 25th of July
32. Competency Based Interview: The week commencing the 28th of July
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.
Got a question?
If you are interested in learning more about the role, please contact:
Riley Fox at k
Applications must be submitted through our online portal. Applications sent via email will not be accepted.