Job title: Commodity Market Abuse Specialist
Division: Enforcement and Market Oversight
Department: Secondary Market Oversight
Team : Market Abuse Enquiries / FICC Market Abuse Team (Fixed Income Currency and Commodities)
Salary: National (Edinburgh and Leeds) ranging from 52400 to 72900 and London from 57700 to 80000 (Salary offered will be based on skills and experience)
This role is graded as: Senior Associate - Regulatory
Your recruitment contact is Cameron Nunn 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.
The Market Oversight Directorate oversees conduct in UK primary and secondary markets through the listing prospectus and market abuse regimes aiming to promote trusted orderly and efficient markets via its four departments: Listing Primary Market Oversight Secondary Market Oversight and Market Oversight Data & Intelligence.
Sitting within the Market Oversight Directorate the Secondary Market Oversight (SMO) Department addresses all aspects of market abuse in secondary markets through data analysis detection investigation and supervision following the FCAs four Ps approach prepare prevent protect and pursue to maintain clean and transparent markets.
Role responsibilities:
Investigating potential market abuse in commodities and other FICC (Fixed Income Currencies and Commodities) asset classes including conducting pre-Enforcement assessments and recommending cases for formal investigation
Delivering alternative regulatory outcomes where formal enforcement action is not appropriate
Analysing market activity and events in collaboration with subject matter experts to identify trading patterns or behaviours of concern
Supporting formal investigations by working closely with Enforcement teams gathering and analysing evidence and providing technical market expertise
Assisting management with prioritisation and decision-making on market abuse notifications and emerging risks
Contributing to the development and enhancement of analytical tools to improve efficiency and effectiveness in analysing and visualising commercial and regulatory data
Skills required:
Minimum:
Prior experience in a role with an excellent analytical skills and affinity to working with data sets and visualisation tools with a good working knowledge of Excel
Proven practical experience including exchange traded derivatives gained from front office risk surveillance or similar roles
Prior experience working with commodity market structure and products including exchange traded derivatives traded on ICE Futures Europe and/or London Metal Exchange
Essential:
Excellent interpersonal and communication skills both written and verbal with the ability to explain complex technical matters clearly and succinctly to a range of audiences with the ability to write concise succinct reports
Ability to prioritise effectively when handling multiple workstreams and tasks
Very strong team player and the ability to work productively and collaboratively in a team
Ability to make sound evidence-based judgements and recommendations alongside a flexible and adaptable approach
Self-starter with a proactive approach to acquiring new skills and knowledge and managing own workload
Curiosity and enthusiasm for learning and sharing knowledge and ability to build strong and effective working relationships with colleagues and other stakeholders
Understanding of the UK Market Abuse Regulation (UK MAR)
Benefits:
25 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 & 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
Timeline:
Job advert close: Tuesday 9th December at 11:59pm
CV Review/Shortlist: 12th December
Interviews begin: W/C 5th January
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:
IC
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