Job Title: Wholesale Bank Lead Supervisor – 12 Month Fixed Term Contract
Division: Wholesale Sell Side
Department: Wholesale Banks
Salary: National (Edinburgh and Leeds) ranging from £59,100 to £68,200 and London from £64,900 to £74,000 (salary offered will be based on skills and experience)
This role is graded as: Lead Associate
Your recruitment contact is Riley Fox via Riley.fox@fca.org.uk. 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 Sell Side directorate, the MI Wholesale Banks department focuses on the regulation of markets and the regulation of the individual firms that make up those markets, and is critical to ensure the effective operation of the UK’s financial markets and to achieve the FCA’s objectives.
Role responsibilities:
Explore firms’ evolving business models and strategies, identifying how market changes influence wholesale conduct risks and shaping our supervisory response
Guide firm supervision with confidence, developing strategic plans and swiftly addressing emerging and crystallised issues to protect market integrity
Build trusted relationships with seniors, both within firms and across the FCA, to drive effective collaboration and regulatory outcomes
Communicate insights and decisions clearly, briefing senior stakeholders through compelling written and verbal updates that inform high-level strategy
Strengthen internal engagement, connecting with other teams to ensure joined-up supervision and a consistent regulatory approach
Champion transformation and efficiency, spotting opportunities to embed smarter ways of working and support the FCA’s wider change agenda
Skills required:
Minimum:
Prior experience working in either a wholesale financial service environment, legal, consultancy or other regulatory organisation
Prior experience in a role analysing complex business models, products and wholesale conduct risks
Excellent written communication skills, and evidence of using evaluation to make conclusions and recommend proportionate courses of action
Essential:
Evidence of analysing large amounts of complex information, identifying key themes, drawing conclusions and developing and implementing a strategy and plan of action
Experience of analysing complex business models and products and/or wholesale conduct risks or evidence through another role you could quickly do this
Evidence of using evaluation to make conclusions and recommend proportionate courses of action
Working effectively as part of a team by working inclusively, contributing to an environment where all opinions are listened to and respected
Ability to prioritise and work quickly on key tasks
Strong interpersonal and stakeholder management skills: able to build and maintain relationships with senior management at wholesale banks, other regulators and staff at all levels within the FCA
Benefits:
25 days annual leave plus bank holidays
Hybrid model with up to 60% remote work
Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary
Private healthcare with Bupa, income protection, and 24/7 Employee Assistance
35 hours of paid volunteering annually
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:
This is a 12 Month Fixed Term Contract
CV Review/Shortlist: 17th November
Case Study Assessment: 24th November
Competency Based Interview: w/c 1st December
Job advert close: w/c 16th November
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.