Senior Associate - Regulatory
Senior Associate - Regulatory
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Job Description
Senior Supervisors Consumer Finance Directorate
Division Consumer Finance
Salary National (Edinburgh and Leeds) ranging from 52400 to 67400 and London 57700 to 72700 per annum (Salary offered will be based on skills and experience)
About the FCA
The FCA regulates the conduct of 45000 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 Consumer Finance Directorate is responsible for the supervision and policy making for the consumer finance market encompassing 30000 firms. Our vision is to ensure consumers have access to affordable credit and services receive fair treatment when they are in financial difficulty at the earliest opportunity and have access to good quality debt advice at the right time.
The Consumer Finance market seeks to meet the borrowing needs of consumers and SMEs; and provide consumers with a number of debt & credit services. The market comprises a diverse range of firms including in credit cards motor finance credit brokers highcost credit mortgage intermediaries debt managers credit unions retail finance and others too. The impact of the sector on society is huge.
We are currently recruiting for a range of roles in our Project and Portfolio Supervision teams across our London Leeds and Edinburgh locations. We welcome applications from a diverse range of personal and professional backgrounds. You do not necessarily need previous experience in financial services. If you think you have the skills and experience that could help us with our work we would like to hear from you. All roles offer you the chance to progress and develop in your career. We have a Q&A session that will provide you with more information about these roles detailed below.
The role will give you the opportunity to build excellent stakeholder investigative and project management skills taking action that improves the way firms in Consumer Finance operate ultimately delivering better outcomes for consumers.
What will you be doing
- You will undertake a holistic review of a firms business model and strategy to identify how conduct risks could cause harm to consumers and/or markets
- Make sound judgements that solve problems identified through evidencebased analysis from information and data about firms and wider industry issues
- Undertake multifirm project work aimed at improving standards on a particular theme or aspect of firm conduct. This could be crosscutting across several portfolios in Consumer Finance or focused on one particular sector
- Develop constructive working relationships with senior management in the firms we supervise and set clear expectations to firms
- Where necessary influence and persuade firms using formal powers where appropriate to change their conduct or behaviour to deliver better outcomes for consumers
- Contribute to the continuous improvement of internal processes by suggesting changes that result in better outcomes and efficient use of resources
What will you get from the role
- Gain exclusive insights into the workings of firms across the sector engaging directly with senior stakeholders at firms to discuss their strategy and influence positive change
- Work alongside and engage with influential stakeholders across the FCA approach that includes Resolution and Insolvency Legal and Enforcement teams
- Make a lasting impact by contributing to initiatives that genuinely enhance consumer outcomes helping to create a fair and more transparent financial sector
Which skills are required
We are a Disability Confident Employer; therefore disabled people or individuals with longterm 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
- Prior and concise drafting experience with experience of drafting for a range of audiences
- Prior experience of analysing a range of complex information identifying key risks of harm and making risk based regulatory judgements
- Experience of working on and prioritising different workstreams and communicating a strategic approach and priorities to a range of different stakeholders
Essential
- Experience of prioritising your workload: managing your time effectively and using sound judgement to achieve results across priority issues and in a highpressure environment
- Strong sense of accountability: you should be able to demonstrate that you take ownership of problems and drive forward pragmatic actionbased solutions
- High standard of written work: you should be able to prepare papers ahead of firm meetings prepare briefing notes to internal stakeholders and engage effectively with firms in writing to support delivery of good consumer outcomes
- Strong judgement: making decisions based on an assessment of the facts consideration of the options and providing a clear rationale for your recommendation
- Strong analytical skills: ability to think clearly about how best to assess and analyse risks (or consumer harms) and reach robust judgements
- Influencing and negotiation: you should be able to demonstrate an ability to persuade others including in face to face and online meetings while maintaining integrity of the issues that need to be conveyed
- Coaching and development experience: you should be able to provide support to less experienced team members
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.
The FCA is committed to achieving greater diversity across all levels of the organisation. Given this we particularly welcome applications from women minority ethnic disabled and neurodivergent candidates for our Senior Associate role.
Benefits of working at the FCA
- 25 days holiday per year plus bank holidays
- Hybrid working (work from home up to 60 of your time)
- Private healthcare with Bupa
- A noncontributory 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
- Life assurance of eight times your basic salary
- 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 parttime staggered hours and job shares. We cant 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
- This role is graded as Senior Associate Regulatory
- We are recruiting for 7 full time positions
- Advert Closing Date:Sunday 18th May at midnight
- CV Review/Shortlist: 20th May 2025
- First Round Case Study Assessment: w/c 26th May 2025
- Competency Based Interview: w/c 2nd June 2025
Q&A Session
You are invited to a question and answer session attended by hiring managers in the Consumer Finance Directorate on Wednesday May 7th between 4:30 5:30pm. This will be an opportunity for you to get an overview of this exciting journey at the FCA and more details about these roles.
Click here to join the meeting
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 for internal and external applicants.
Applications must be submitted through our online portal. Applications sent via email will not be accepted.
Required Experience:
Senior IC
Employment Type
Full-Time
