Job description
Salary: National up to £48,400 and London up to £54,000 per annum – Salary offered will be based on skills and experience
Are you interested in joining a team that will help shape and deliver the future of Asset Management at the FCA?
The Role
Do you want to be a part of a stimulating and collaborative team environment, working on the frontline of an expanding Fund Supervision function at a world-leading Financial Services Regulator? We are recruiting for an Associate Supervisor to join the Asset Management Departments Fund Supervision team.
Our focus is to develop a quantitative fund supervision strategy to complement comprehensive qualitative analysis. This is to ensure we play a role in preventing harm to consumers and financial markets as well as promoting competition. This is achieved through a combination of quantitative fund screening, firm-specific, sector-wide and event-driven work for the funds we supervise. As a Fund Supervision Associate, you will be part of a team responsible for the supervision of investment funds at the heart of ‘what asset managers do’ and whose conduct can impact and influence households and financial markets across the UK and beyond.
What you will be doing
- Assist the design, build, testing and maintenance of an embryonic quantitative, data led, Fund Supervision function
- Support Asset Management Firm Supervisors deliver contemporaneous market and product intelligence to enhance industry engagement
- Working on event-driven (reactive) Fund related work in response to firm issues and industry developments
- Engage with firms and their Fund Managers to influence conduct behaviour to deliver better outcomes for their customers, including portfolio risk, performance and alignment with fund objectives, the FCA Principles and Rulebook
- Work closely with Fund Authorisations and Fund Policy to support and assist delivery of their mandates
- Contributing to the wider department, including making recommendations for continuous improvement of our processes and identification of sector-wide risks and issues
What will you get from the role?
Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your lifecycle. You can use this allowance to purchase additional benefits such as dental or cycle to work or you have the option top up your base salary by taking this as cash. Core benefits that you will receive as standard are:
- 25 days holiday per year
- Private healthcare with Bupa
- A non-contributory Pension of at least 8% of your basic salary each month (there are several contribution levels that increase depending on your age – up to 12% a month once you reach the age of 35)
- Life assurance of eight times your basic salary
- Income protection
- We support hybrid working which means you will be able to work from home up to 60% of the time over a month with the remainder of your time in one of our three office locations
This exciting role offers you the opportunity to analyse, engage and influence change at firms across the asset management sector.
Working in the department offers a key insight into a dynamic and critically important sector, at a time of rapid and fundamental change. You will gain in-depth experience of the asset management sector, the wholesale financial markets and regulatory frameworks they operate in. You will also support and learn from experienced professionals on high profile projects and develop your skills in delivery and regulation.
You will work with and influence a wide range of professionals, both inside and outside the FCA. We place great emphasis on learning and offer world-class development opportunities to assist you in achieving your career aspirations.
The skills and experience you’ll have
We're a signatory to the Government's Disability Confident scheme. This means that we guarantee an interview to any disabled candidates entering under the scheme, should they meet the minimum criteria for a role.
Minimum
- Intermediate Microsoft Excel
- Experience of analysing qualitative and quantitative information to inform judgements, and present on key issues
- Experience using programming software such as Python or R to analyse data sets
Essential
- Experience using programming software such as Python or R to analyse data sets
- A passion for public service
- An understanding of the FCA's role and objectives
- The ability to analyse and challenge information
- Ability to communicate key messages and explain issues in a clear and concise manner
- A passion for data and an ability to analyse large data sets
- Good written communication skills
- Ability to operate with confidence in an environment of uncertainty, complexity and rapid change
- Strong interpersonal skills to build and maintain relationships with stakeholders
- Ability to develop technical knowledge to provide support across relevant workstreams
- Ability to adopt a flexible and pragmatic approach to your work
- Ability to work at pace and prioritise competing objectives
About the FCA
The FCA regulates the conduct of 50,000 firms in the UK to ensure our financial markets are honest, fair and competitive. We do this to make sure markets work well for individuals, businesses and the economy as a whole. For more information on what we do, our three-year strategy can be found
here.
The FCA's Values & Diversity
Our ambition is to cultivate a culture of inclusion 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. We particularly welcome applications from women, disabled, and minority ethnic candidates, as under-represented groups.
Flexible working
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 won’t judge you for asking.
Multilocation & hybrid working
As part of the FCA’s on-going commitment to develop our national presence, most of our vacancies are now open to working in our Edinburgh, Leeds, or London offices. This means that as part of the application process you will be able to select your preference of which office location you would like to work from.
Useful information
Applications for this role close at midnight on 6th July
This role is graded as Associate – Level 8 - Regulatory
Got a question?
If you are an external candidate and you are interested in learning more about the role, please contact Deimante Paliuliene on
If you are an internal candidate and you are interested in learning more about the role, please contact Lucy Matthews on
Please note that all applications must be submitted through our online portal before the closing date, applications sent via email will not be accepted.
Financial Conduct Authority
www.fca.org.uk
London, United Kingdom
Nikhil Rathi
Unknown / Non-Applicable
1001 to 5000 Employees
Non-profit Organisation
National Services & Agencies
2013