Job title: Manager Wholesale Banks (18-Month Fixed Term Contract / Secondment opportunity)
Division: Supervision Policy & Competition
Department: Wholesale Banks
Salary: National (Edinburgh and Leeds) ranging from 72100 to 102100 and London from 79300 to 112300 (salary offered will be based on skills and experience)
This role is graded as: Manager - Regulatory
Your recruitment contact is Tahir Khan via 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 youll 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 UKs financial markets and to achieve the FCAs objectives.
Join the FCA as a Wholesale Banking Manager and play a pivotal role in shaping the integrity and resilience of the UKs financial this leadership position you will oversee the supervision of major wholesale banking firms ensuring they operate with transparency robust risk management and strong governance. Youll work at the heart of regulatory strategyengaging with senior stakeholders analysing complex business models and driving initiatives that safeguard market integrity and protect consumers. This is an opportunity to influence industry standards tackle emerging risks such as operational resilience and conduct and contribute to the FCAs mission of making markets work well.
Role responsibilities
Lead and inspire a high-performing team to design and deliver quality work programmes on time for some of the largest banks operating in the UK
Harness data technology and analytical insights to identify risks and opportunities
Apply sound judgement to make timely supervisory interventions safeguarding good outcomes and maintaining market integrity
Make risk-based resource allocation decisions maximising impact where it matters most and ensuring efficient use of resources
Build strong relationships with external stakeholders and internal partners
Contribute to the leadership and smooth operation of the Wholesale Banks Department delivering FCA priorities
Skills required
Minimum:
Prior experience of Wholesale financial services
Proven experience of managing and influencing stakeholders both internal and external
Proven experience of managing a team to deliver on objectives as well as coaching and mentoring to foster a successful team environment
Essential:
The ability to understand business models and identify the risks that arise
Excellent communication skills enabling you to represent the FCA internally and externally
The ability to make complex outcomes-focused judgements led by available data and evidence
The ability to create a supportive working environment in which staff flourish
Ability to support cross-departmental initiatives through leading on innovative ideas to enhance the success of our department
Benefits
28 days annual leave plus bank holidays
Hybrid model with up to 60% remote work
Non-contributory pension (812% 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 and culture
Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one thats 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
Were 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 cases of high application volumes we may progress applicants whose experience most closely matches the roles key requirements.
Useful information and timeline
Job advert close: 23rd November at 23:59pm
CV Review/Shortlist: 25th November
First Interview: w/c 1st December
Second Interview: w/c 8th December
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
Required Experience:
Manager
The Financial Conduct Authority is the conduct regulator for around 50,000 financial services firms and financial markets in the UK and the prudential supervisor for 48,000 firms