Financial Markets Expert

The Financial Conduct Authority; Greater London; On-site; GBP 75,000 - 115,000; Full time

Benefits offered by this job

28 days annual leave

Private healthcare with Bupa

Pension 8–12%

Volunteer time 35 hours

Flexible benefits

Job summary

Financial Conduct Authority seeks a Financial Markets Expert in Market Oversight. You will design data‑led monitoring to identify risks in UK wholesale markets and translate complex data into clear insights for strategic decisions.

You will drive evidence‑based recommendations, lead real‑time market health assessments, and influence senior stakeholders while collaborating across FCA teams to tackle market challenges.

Qualifications

• Broad expertise across financial markets (fixed income, rates, derivatives, equity and/or commodities).
• Strong analytical outputs using data to assess market risks.
• Proven ability to lead projects and communicate with senior stakeholders.

Responsibilities

• Lead the design and delivery of data‑led monitoring identifying market‑wide risks across UK wholesale markets.
• Transform complex market data into clear insights and visualisations for strategic decisions.
• Drive evidence‑based recommendations to reduce risks and improve market outcomes through engagement and analysis.
• Lead real‑time assessments of market health and coordinate with firms and stakeholders to protect consumers.
• Shape communications on market risks and functioning for internal and external audiences.
• Collaborate with FCA colleagues on thematic projects addressing complex market challenges.

Skills

Financial markets

UK government bonds

Sterling derivatives

Energy markets

Job description

Job Title: Financial Markets Expert Division: Supervision, Policy & Competition (SPC) Department: Market Oversight (MO) Salary: National (Edinburgh and Leeds) ranging from £74,900 to £103,000 and London £82,300 to £115,000 per annum (Salary offered will be based on skills and experience) This role is graded as: Technical Specialist – Regulatory

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 financial services in the UK.

Supervision, Policy and Competition (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). Market Oversight (MO) oversees conduct in UK primary and secondary markets through the listing, prospectus, and market abuse regimes, aiming to promote trusted, orderly, and efficient markets. The newly formed Central Market Monitoring (CMM) team sits between SPC and MO. The FCA is dedicating resources to better understand market functioning in real time and how market‑wide risks are building up over time.

Role responsibilities

• Lead the design and delivery of innovative, data‑led monitoring that identifies market‑wide risks across UK wholesale markets, helping to strengthen market integrity, resilience and confidence
• Transform complex market data into clear insights and compelling visualisations, shaping the FCA's understanding of emerging risks and informing strategic decision‑making
• Drive evidence‑based recommendations that reduce risks and improve market outcomes through firm engagement, targeted analysis and influential publications
• Lead real‑time assessments of market health, responding to market events and working collaboratively with firms and stakeholders to protect consumers and support orderly markets during periods of uncertainty
• Shape internal and external communications on market‑wide risks and market functioning, providing trusted insight on issues that matter to the UK's financial system
• Work closely with colleagues across the FCA to deliver proactive thematic projects, tackling complex market challenges and contributing to work that helps protect millions of consumers and maintain confidence in UK financial markets

Skills required

Minimum: Prior experience of broad expertise across financial markets (fixed income, rates, derivatives, equity and/or commodities markets). Significant expertise and experience, from a risk taking or risk management perspective, in one or more of the following:

• UK government bonds and Sterling derivative markets (including inflation markets)
• Energy markets
• Metals markets

Prior experience of producing strong analytical outputs, using data and analysis to reach conclusions on overall risks related to trading strategies or market functions. Prior experience of leading projects independently and delivering high‑quality outputs on time. Essential: Ability to work at pace and under pressure, using sound judgement and escalating issues appropriately. Confident in taking responsibility with the ability to balance and manage competing priorities, working independently and in a team and manage several work streams simultaneously. Experience of strong prioritisation and project management skills. Proven ability to impact and influence senior internal and external stakeholders. Clear and authoritative communication skills to present to a senior audience/effective ability to articulate and synthetise market developments. Ability to build and maintain relationships with senior management, other regulators and staff at all levels within the FCA. Effectively prioritise workloads and manage competing demands to deliver key tasks effectively and to a high standard.

Benefits

• 28 days annual leave plus bank holidays
• Colleagues spend a minimum of 50% of their working time in the office each month (60% for Directors and Executive Directors) across our London, Leeds and Edinburgh offices.
• 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

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 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.

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 timelines

Timeline: Job advert close: 19 November 2026 at Midnight

CV Review/Shortlist: w/c 23rd November 2026

Case Study Assessment & Interviews: w/c 30th November and 7th December 2026

SC Clearance is required for this role (SC Guidance) - you will hold or will be required to obtain Security Check (SC) level vetting.

At the FCA, we’re creating a fair and more resilient financial system. We’re establishing more transparent relationships between financial services and their customers, building trust in financial markets and protecting vulnerable consumers.