Supervisor - Market Abuse Surveillance Supervision

Supervisor - Market Abuse Surveillance Supervision

Division - Enforcement and Market Oversight

Department - Secondary Market Oversight

Salary - National (Edinburgh and Leeds) ranging from £43,100 to £52,000 London £47,300 to £55,200 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. Follow this link to find out more

About the FCA


The Secondary Market Oversight Department discharges the FCA’s responsibility to combat market abuse in secondary markets and monitors markets in the service of the FCA’s broader objective to support market function and protect market integrity.

The Market Abuse Surveillance Supervision (MASS) team is at the heart of our operation. MASS supervises firms’ and trading venues’ market abuse surveillance, which is the first line of defence in detecting and preventing market abuse. It ensures market participants have effective systems and controls in place to detect and report potential market abuse to the FCA through suspicious transaction and order reports (STORs). MASS co-ordinates most of our outreach to regulated firms through industry forums, round tables and public speaking at conferences and other industry events. Its market professionals support the FCA’s monitoring of real-time events such as price spikes and potential ‘fat finger’ incidents which can result in disorderly markets, investigating the causes and liaising with internal stakeholders and relevant counterparties to assess the adequacy of their controls.

What will you be doing?- Contributing to the supervision of the STOR regime, including communicating with and visiting firms, trading venues and other market participants to discuss and assess their market abuse surveillance arrangements and STOR policies and procedures-
- Liaising with industry participants to help highlight market abuse surveillance issues- Assisting in the management of internal data, creating methods to review trends and identifying areas for focus- Assisting in quality assurance processes to ensure creation of useful data and management information (MI)

What will you get from the role?- Be part of collaborative specialist visits to firms and trading venues, where you’ll contribute your insights and learn from others- Engage in a variety of dynamic surveillance projects and workstreams, designed to stretch your skills and encourage innovative thinking- Build your expertise through hands-on experience with a wide range of cases, supported by a knowledgeable and approachable team- Work closely with colleagues across the FCA, fostering strong cross-team relationships and contributing to a shared mission of market integrity- Connect with surveillance professionals across the industry, strengthening your network and staying informed on current best practices and challenges

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

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Minimum- Prior experience working in a regulatory and/or financial services sector- Experience in advanced Excel functions to analyse large datasets, identify key insights and present findings clearly to support business or regulatory decisions.- Experience of building and managing relationships with key internal and external stakeholders

Essential- General knowledge of UK financial markets, instruments and relevant legislation including UK MAR and MiFID II- A keen interest in tackling market abuse and the FCA’s role in doing so- Experience of being able to work unaccompanied with a range of stakeholders and influence people to achieve desired outcomes- Experience of identifying key risks of harm from a range of information, including written documents and large datasets- Ability to deal confidently and persuasively with a wide variety of internal and external stakeholders- Strong verbal and written presentation skills, with the ability to explain clearly and succinctly complex situations- Ability to manage several workstreams at once, ensuring issues are prioritised effectively and progressed on a timely basis- Has enthusiasm, drive and flexibility

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