Competition Policy Practitioner
5 months ago
Salary: National ranging from £51,200 to £67,000 and London £56,400 to £70,000 per annum - Salary offered will be based on skills and experience
- Would you like to support our work to make financial markets work better?_
We are currently looking to recruit a policy maker e are currently recruiting for a Senior Associate with an economics background to work in the Competition Division of the FCA.
The Financial Conduct Authority is a key part of the regulatory structure in financial services, together with the Prudential Regulation Authority and the Bank of England. We work to make financial markets work well for consumers of financial services.
This role is in the Competition Policy Department of the Competition sub-Division (CD). CD leads the FCA's competition mandate and much of our work is focused on ensuring markets are working well for consumers. As part of the competition team, you will get to investigate whether and why financial services markets might not be working well for consumers. You will also help work out how financial services markets could be improved.
What you will be doing- Scoping problems that require economic and competition investigation, including market failures that may be causing poor outcomes for consumers;- Scoping and recommending how to undertake economic and competition investigation, working with economists, accountants, lawyers and data scientists- Contributing to project management, working with the project manager to ensure work is coordinated and on track ;- Undertaking your own enquiry into economic and competition problems, which could include designing requests for information and evaluating firm responses;- Presenting insights and findings in interesting and clear formats including written, PowerPoint and orally- Advocating for competition with internal stakeholders, helping colleagues to understand and achieve our competition objective;
What you will get from the role
Working alongside economic and legal experts in the field of competition you will ultimately get to make a difference - your problem solving will help consumers get access to better financial service markets.
Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your lifecycle. 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:
- 25 days holiday per year plus bank holidays- 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 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
The skills and experience you’ll have
Minimum- Undergraduate or postgraduate degree in Economics or similar analytical disciplines- Experience of providing high-quality economic and/or analytical advice- Experience of working within Competition Policy either in policy-making or casework. This could be gained as: a policymaker in a competition authority, another regulator, consultancy or government department; in an analytical role supporting policymakers, behavioural scientist or data analyst; or in any other policy-related role, for example advocacy or compliance
Essential-
- Ability to make a strong personal impact, influencing with well-reasoned arguments and questioning where appropriate- Engage and collaborate effectively with stakeholders to build and maintain strong working relationships. Drafting and presenting for senior audiences. Experience in explaining complex issues well to both specialist and non-specialist audiences, orally and in writing- Be comfortable with ambiguity, identifying the most important issues. Creative problem-solving, framing and structuring problems conceptually, prioritising work, and distilling results to generate insight- Experience in the delivery of complex analytical projects, maintaining both pace and quality and including identifying and reviewing different sources of information to inform analysis- Commitment to self-awareness and learning. You will build your own network and support others to identify effective coping techniques
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
here.
The FCA's Values & Diversity
Our ambition is to cultivate a culture of inclusion for all employees that respects their individual strengths, views, a
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