Financial Stability Associate

Financial Conduct Authority; City Of London; Hybrid; GBP 43,000 - 58,000; Full time

Job summary

A leading regulatory body is seeking a Financial Stability Associate to engage in international policy and relationships with organizations like the FSB and IMF. Candidates need experience in financial services and a strong ability to manage senior stakeholder relationships. This role offers significant exposure to UK and international financial markets, with a flexible hybrid working model and robust benefits package.

Benefits

25 days holiday per year plus bank holidays

Hybrid working

Private healthcare

Non-contributory pension

Life assurance

Income protection

Qualifications

• Prior experience with international policy and regulations.
• Experience in the financial services industry in policy or stakeholder roles.
• Experience working within international markets.

Responsibilities

• Support engagement with the FSB and IMF.
• Oversee policy workstreams like innovation and operational resilience.
• Manage relationships with diverse stakeholders.

Skills

Stakeholder relationship management

Analytical skills

Self-management

Flexibility

Team collaboration

Job description

Financial Stability Associate

Division – International

Salary – National (Edinburgh and Leeds) ranging from £43,100 to £57,400 and London £47,300 to £63,000 per annum (Salary offered will be based on skills and experience)

About the FCA

The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive.

Role Overview

The International Division leads our strategy for international engagement, working collaboratively across the FCA to ensure the organisation delivers on its international priorities. Our work includes taking forward the FCA’s strategic relationship with global standard setting bodies (GSSBs), working in collaboration with colleagues across the FCA and UK authorities more broadly and engaging directly with GSSB and other regulatory counterparts.

The Global Institutions (GI) Team helps set, advise and deliver on the FCA’s strategic engagement with the GSSBs, enhancing the FCA’s capacity to meet its statutory and strategic objectives through high-quality international engagement, using a range of influencing tools and techniques. GI also leads on non-bank financial intermediation (NBFI) and innovation priorities, including AI, crypto, working closely with colleagues across the division and the wider FCA.

Our team is responsible for the relationship and engagement with relevant standard setting bodies. This includes the international organisation of securities commission (IOSCO), the Financial Stability Board (FSB), the International Monetary Fund (IMF), the International Association of Insurance Supervisors (IAIS) and others.

We are particularly looking for candidates with an understanding of the international landscape relating to any of these bodies and or individuals with a regulatory or policy background.

Responsibilities

• Supporting the lead associate in overseeing the team’s engagement with regards to the FSB and the IMF – ensuring the FCA’s voice is clear and influential
• Driving and overseeing policy workstreams such as innovation, NBFI and operational resilience within the FSB to support FCA deliverables
• Supporting senior FCA principals in relevant FSB committee meetings
• Helping to manage relationships with a diverse range of stakeholders as well as engaging effectively with key internal and other regulatory stakeholders, including international regulators, HM Treasury, and the Bank of England
• Supporting the upcoming FCA’s and the UK’s delivery of the upcoming IMF financial sector assessment programme (FSAP)

Benefits of the Role

• The opportunity to work in an evolving area within the FCA, and to shape and deliver on the FCA’s international agenda.
• Significant exposure to UK and international financial markets and institutions, including regulatory and government bodies, as well as market participants.
• The opportunity to play an important role in shaping the FCA’s relationship and engagement with the FSB and IMF
• Exposure to FCA Senior Management, with periodic discussions at relevant senior committee and board meetings
• A deep understanding of relevant policy portfolios in the international team and how they function
• Work in a dynamic and changing environment, in a friendly team with experienced, highly skilled and motivated individuals

Requirements

We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process.

Minimum Requirements:

• Prior experience with international policy and regulations
• Prior experience in the financial services industry working in policy or a stakeholder focused role
• Prior experience of working within international markets

Essential Skills:

• Ability to effectively build and maintain stakeholder relationships at a senior level
• Strong analytical skills
• Good self-management skills to meet deadlines
• Ability to be flexible to accommodate to urgent priorities when required
• Ability to work inclusively as part of a large team

Diversity and Inclusion

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.

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 non-contributory Pension of at least 8% of basic salary each month
• Life assurance of eight times your basic salary
• Income protection