Salary: National £51,200 to £64,500 and London £56,400 to £71,000 per annum – Salary offered will be based on skills and experience

The Role

Are you interested in joining a team supervising the UK’s wholesale markets? We are looking for a talented Senior Associate to join the Flexible Trading Venues team within the Trading Venues & Corporate Finance Firms Department of the FCA. Your role will contribute to the FCA strategy from a Wholesale Markets perspective and involve supervising trading venues (Recognised Investment Exchanges, Multilateral Trading Facilities and Organised Trading Facilities) offering markets in a variety of financial instruments including equities, derivatives and commodities. This portfolio includes a wide variety of trading venues operating in the UK offering traditional and innovative solutions. Our work encompasses all aspects of the initial recognition or authorisation and continuing supervision of the venues, according to relevant obligations that aim to deliver fair, orderly, and resilient markets.

Through our work, we aim to advance market integrity, investor protection and effective competition in the interests of consumers. You will use your analytical skills to identify risk in the business models and strategies of the firms in our portfolio. Our team members have diverse backgrounds including regulation, trade associations, market structure, and trading. If you have a similar interest of, or experience within, wholesale markets combined with excellent communication skills and are keen to develop your career, this could be the job for you!

What you will be doing

You will work with others as part of a team to advance our supervisory priorities for these Trading Venue firms. You will directly supervise the firms, and will receive exposure to diverse issues, senior level engagement both across the FCA and with regulated firms and will work at pace in a stimulating and high-energy environment. You will deal with more complex issues and cases and be expected to work alone making supervisory judgements and recommendations as appropriate.

Your work will often involve liaising closely with specialist areas including teams who monitor for market abuse, assess financial and operational resilience, and supervise financial crime risks. The teams also regularly work with colleagues across Authorisations, Enforcement, Markets Policy, International and Legal divisions.

Responsibilities will include:

What will you get from the role?

Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle. You can use this allowance to purchase additional benefits such as dental or cycle to work or you have the option top up your base salary by taking this as cash. Core benefits that you will receive as standard are:

We support hybrid working which means you will be able to work from home up to 60% of the time over a month with the remainder of your time in one of our three office locations

You will also get:

The skills and experience you’ll have

Minimum

Essential

About the FCA

The FCA regulates the conduct of 50,000 firms in the UK to ensure our financial markets are honest, fair and competitive. We do this to make sure markets work well for individuals, businesses and the economy as a whole. For more information on what we do, our three-year strategy can be found

The FCA’s Values & Diversity

Our ambition is to cultivate a culture of inclusion 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.

The FCA is committed to achieving greater diversity across all levels of the organisations. Given this, we particularly welcome applications from women, disabled and minority ethnic candidates for our senior associate role.

Flexible working

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 won’t judge you for asking.

Multilocation

As part of the FCA’s on-going commitment to develop our national presence, most of our vacancies are now open to working in our Edinburgh, Leeds, or London offices. This means that as part of the application process you will be able to select your preference of which office location you would like to work from.

Useful information

Applications for this role close at midnight on 19th May

This role is graded as Senior Associate – Regulatory

What to expect from our interview process

The process will involve a competency-based interview.
Following this you may be invited back for a 2nd interview.

Your Recruiter will discuss the process in detail with you during screening for the role.

Recruitment Timetable

Advert closing Date: 19th May

First Round interviews: W/C 3rd June

Please make the recruiter aware if you are going to be unavailable for any date during this time.

Got a question?

If you are an external candidate and you are interested in learning more about the role, please contact Aaron Ward on

If you are an internal candidate and you are interested in learning more about the role, please contact Lucy Matthews on

Please note that all applications must be submitted through our online portal before the closing date, applications sent via email will not be accepted.

Application support

We want to remove any possible barriers and are committed to providing a wide range of reasonable adjustments so that you can keep the focus on your conversations and be at your best.

If you have an accessibility requirement, disability, or condition that means you might require changes to the recruitment process, please contact your recruiter to discuss this further. Our aim is to make your application as easy and comfortable as possible, and your recruiter will be happy to work with you to make any necessary arrangements where possible.