Open Banking Senior Policy Analyst

Financial Conduct Authority; Greater London; On-site; GBP 54,000 - 74,000; Full time

Benefits offered by this job

25 days annual leave

Private healthcare

Pension (8–12%)

Life assurance

Volunteer days

Flexible benefits scheme

Job summary

Financial Conduct Authority in London is seeking an Open Banking Senior Policy Analyst to help design and implement the regulatory framework for Open Banking. You will work with colleagues, government, industry and other stakeholders to deliver high‑quality policy for trusted, secure and innovative services.

The role sits in the Open Banking/ Open Finance - Payment & Digital Assets area, contributing to FCA priorities and 2025–2030 strategy, with a focus on supervising, policy and competition.

Qualifications

• Experience in developing and delivering regulatory policy or equivalent policy development processes.
• Proven ability to manage complex projects with cross-functional teams and changing environments.
• Experience coordinating with multiple internal and external stakeholders to form policy recommendations.
• Strong analytical and problem‑solving abilities for complex regulatory issues.
• Excellent written and verbal communication, able to present technical matters clearly.
• Demonstrated ability to build relationships with senior stakeholders and manage constructive challenge.

Responsibilities

• Lead policy development to support growth of account-to-account payments and open banking schemes.
• Shape evidence-based policy by analysing data, developing proposals, consultations, rules and guidance.
• Engage with colleagues, government, regulators, industry and international bodies to inform policy.
• Deliver complex policy projects, manage risks, dependencies and timelines to outcomes.
• Build trusted relationships with HM Treasury and financial sector organisations.
• Collaborate with industry participants to drive innovation and improve consumer/business outcomes.

Skills

Regulatory policy

Project management

Stakeholder management

Analytical thinking

Written communication

Communication skills

Job description

Job Title: Open Banking Senior Policy Analyst

Division: Supervision, Policy & Competition (SPC)

Department: Open Banking/ Open Finance - Payment & Digital Assets

• Salary: National (Edinburgh and Leeds) ranging from £53,800 to £67,200 and London £59,200 to £73,800 (salary offered will be based on skills and experience)


• This role is graded as: Senior Associate – Regulatory


• Your external recruitment contact is Steve Christopher via [e-mail].


• Your internal recruitment contact is Louis Vandenburgh via [e-mail].

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.

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). Open Banking is a core priority within the FCA’s 2025–2030 Strategy and is central to our vision of enabling a flourishing and sustainable Open Banking ecosystem that promotes competition, innovation, and growth across the UK.

As part of the Open Banking Policy Team within the Payments & Digital Assets Division, you will work on one of the FCA’s highest-priority programmes, helping to design and implement the long-term regulatory framework for Open Banking. Working collaboratively with colleagues, government, industry, and other stakeholders, you will contribute to high-quality, evidence-based policy that supports trusted, secure, and innovative Open Banking services.

As a Senior Associate, you will play an important role in shaping the FCA’s approach to regulating Open Banking infrastructure, including standards-setting bodies and commercial payment schemes.

Role Responsibilities

• Lead policy development to support the growth of account-to-account payment methods and commercial Open Banking payment schemes


• Shape evidence-based policy by analysing information and developing proposals, consultations, FCA rules, and guidance


• Contribute to the future of Open Banking through engagement with colleagues, Government, regulators, industry, consumer and business groups, and international organisations


• Deliver complex policy projects, managing risks, dependencies, and timelines to achieve successful outcomes


• Build trusted relationships with key stakeholders, including HM Treasury and organisations across the financial services sector


• Partner with industry participants to deliver initiatives that support innovation and improve outcomes for consumers and businesses

Minimum

Skills required

• Prior experience of effectively developing and delivering regulatory policy, or a solid understanding of policy development and decision-making processes


• Prior experience of delivering complex projects, with significant expertise in applying project management methodologies and tools within changing environments


• Prior experience of managing a wide range of internal and external stakeholders, including working collaboratively with multi-disciplinary teams to develop and implement policy recommendations

Essential

• Ability to develop and shape evidence-based policy proposals, drawing on robust analysis and confidently challenging complex technical evidence where required


• Solid project management and prioritisation skills, with the ability to deliver high-quality outcomes across multiple priorities in a fast-paced and evolving environment


• Experience working collaboratively across multidisciplinary teams, including with economists, lawyers, technical specialists, policy professionals, and external consultants


• Well-developed analytical and problem-solving skills, with the ability to assess complex issues, identify solutions, and make sound judgements when deadlines are tight


• Effective written and verbal communication skills, with the confidence to present complex technical matters clearly and persuasively to a range of audiences


• Demonstrated ability to build and maintain effective relationships with senior stakeholders, helping shape outcomes and managing constructive challenge from internal and external parties

Benefits

• 25 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

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.

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

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

• Job advert close: 13th September 2026 at Midnight


• CV Review/Shortlist: 15th September 2026


• Case Study Assessment & Interviews: w/c 21st September 2026


• 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