Job Title: Wholesale Market and FICC Specialist
Division: Supervision, Policy & Competition
Department: Sell Side – Wholesale Markets
1. Salary: National (Edinburgh and Leeds) ranging from £52,400 to £71,000 and London from £57,000 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 Shafika 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 Market Analysis and Policy Department is the key function that assesses market wide risks in wholesale markets, tracks and monitors market trends and analyses product specific issues. The Wholesale Markets Sector team focuses on identifying, quantifying and monitoring risks to markets, leading the wholesale crisis response and overseeing financial stability work related to wholesale markets.
Role responsibilities
4. Develop market and product risk analyses drawing conclusions from market and regulatory data to identify and assess market wide and emerging risks
5. Prepare clear and concise analytical communications aimed at senior audiences
6. Create clear data visualisations from complex data sources to support risk analysis
7. Lead and coordinate supervisory responses to market events working with supervisors, firms and internal stakeholders.
8. Collaborate on cross organisation thematic projects to identify and address market wide risks
Skills required
Minimum:
9. Proven experience of working in wholesale FICC or FX financial markets and products
10. Prior experience of using data and analytics to reach conclusions around risks to markets or firms using robust judgement
11. Demonstratable experience of stakeholder communication, with experience of communicating effectively with a diverse audience, managing complex, technical issues in a clear and digestible format
Essential:
12. Proven ability to manage projects and deliver high quality outputs on time
13. Ability to work at pace and under pressure, using sound judgement and escalating issues appropriately
14. Confident in taking responsibility with the ability to balance and manage competing priorities, working proactively and in a team
15. Proven ability to impact and influence senior internal and external stakeholders
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 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:
22. Job advert close: w/c 30th November 2025
23. CV Review/Shortlist: 2nd December 2025
24. Case Study Assessment: w/c 8th December 2025
25. Second Interview: w/c 15th December 2025
26. 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.