Senior Market Conduct and Post Trade Policy Associate

Financial Conduct Authority; London; Hybrid; GBP 57,000 - 68,000; Full time

Job summary

A regulatory body in the UK seeks a Senior Market Conduct and Post Trade Policy Associate to guide policy development in the wholesale markets. The role requires stakeholder management, data analysis, and a strong understanding of the UK regulatory framework. Ideal candidates will have regulatory or policy experience and excellent communication skills. Competitive salary and hybrid working options are available.

Benefits

25 days holiday plus bank holidays

Private healthcare

Non-contributory pension scheme

Income protection

Flexible benefits scheme

Qualifications

• Experience managing stakeholders and incorporating diverse perspectives.
• Ability to analyse complex information and support problem-solving.
• Knowledge of UK legislative processes for wholesale markets.

Responsibilities

• Guide policy workstreams to support Government agenda in UK markets.
• Develop knowledge of wholesale markets and UK regulatory framework.
• Draft and present policy proposals to senior management.

Skills

Stakeholder management

Data analysis

Drafting skills

Communication skills

Policy-making experience

Job description

Senior Market Conduct and Post Trade Policy Associate

Division – Infrastructure and Exchanges

Salary - National (Edinburgh and Leeds) ranging from £52,400 to £62,100; London ranging from £57,700 to £68,000 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. About the FCA.

Division/Department

We are looking to fill a Senior Associate role in the Market Conduct & Post Trade Policy team within the Capital Markets Department. You will join a dedicated team of policy professionals who are focused on shaping creative and evidence-based policy solutions that benefit consumers, markets and fairness. We work collaboratively to solve problems and flexibly to ensure market integrity. We are committed to sharing our knowledge and encouraging new ideas.

The Capital Markets Department within the Supervision, Policy and Competition Division at the FCA is at the forefront of developing policy solutions in the wholesale markets, considering new policy tools within the evolving UK legal and regulatory framework and working with international partners to meet the FCA’s core objective of market integrity promoting competition and positive change.

This is a critical and exciting time to be closely involved in the shaping of the future policy framework for the UK’s wholesale markets in order to improve the functioning of the UK market and to respond to new challenges and issues.

The Market Conduct & Post Trade policy team lead on policy relating to short selling, market abuse, derivatives, settlement and the regulations that governs those markets. Some of the key projects we are delivering include the repeal and replace of the UK Short Selling Regulation, UK EMIR and UK Market Abuse Regulation, T+1 settlement, Dematerialisation and supporting firms through the Digital Securities Sandbox and PISCES. We are particularly looking for candidates with an understanding of the legal framework relating to any of these policy areas and/or a regulatory or policy background.

What will you be doing

• Guiding and overseeing policy workstreams to support the Government agenda to promote growth, innovation and efficiency in the UK markets. These include work to repeal and replace assimilated regulation as part of the Smarter Regulatory Framework (SRF)
• Develop or have good knowledge of wholesale markets and products, and the UK regulatory framework and legislation that governs them
• Guide and support the internal presentation, and external consultation, on policy proposals, including full cost-benefit analysis and use of relevant data sets
• Draft and present policy proposals to FCA Senior Management and deliver public consultation of proposals
• Work with others across the FCA to harness expertise and knowledge from other departments, including the Legal Division, Market Oversight, Supervision and Competition & Economics
• Engage effectively with other regulatory stakeholders, including HM Treasury, PRA, Bank of England, other international regulators and our independent panels, to communicate FCA policy views, influence others and manage key relationships

What will you get from the role

• Get significant exposure to UK capital markets, working closely with a wide array of stakeholders, including market participants, trade bodies and other regulatory and government bodies
• Play an important role in shaping wholesale markets in the UK at a time of significant change
• Gain exposure to FCA Senior Management, with periodic discussions at relevant FCA committees and the FCA Board

Which skills are required?

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. (To learn more about the Disability Confident Scheme)

Minimum

• Prior experience of managing a wide range of stakeholders and being able to understand and incorporate different perspectives into your thinking and plans
• Prior experience of analysing complex information including data, to support problem-solving
• Prior experience of policymaking and/or navigating the UK legislative process for wholesale markets

Essential

• Experience of working in wholesale markets, or prior regulatory roles providing exposure to wholesale market participants
• Evidence of analysing large amounts of complex information, identifying the key themes, drawing logical conclusions and developing and implementing strategies
• Ability to evidence and present key issues and recommendations to senior stakeholders
• Ability to prioritise and work quickly on key tasks, while identifying and managing risks
• Excellent drafting and oral communication skills
• Ability to build and maintain relationships with senior management, other regulators and staff at all levels within the FCA
• Experience of policy-making and good understanding of the UK policy and legislative processes
• Working effectively and inclusively as part of a team

Our Values & Diversity

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. 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.

Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.

Did you know? 50% of our Executive Committee were the first in their family to attend university.

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 (there are several contribution levels that increase depending on your age – up to 12% a month once you reach age 35)
• Life assurance of eight times your basic salary
• Income protection

We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.

We welcome applications from candidates who are looking for flexible arrangements. Many of our staff work flexibly including working part-time, staggered hours, and job shares. We can’t promise to give you exactly what you want but we can explore what might work best for both sides.

Life at the FCA

Application Support

We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.

If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.

Useful Information and Timeline

• This role is graded as Senior Associate
• Advert Closing Date: 28th of September (Midnight)
• CV Review/Shortlist: 30th of September
• Case study Assessment: Week commencing 6th of October
• Competency Based Interview: Week commencing 13th October

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.

Got a question?

If you are interested in learning more about the role, please contact:

Riley Fox at [e-mail]

Applications must be submitted through our online portal. Applications sent via email will not be accepted.