Benchmarks Supervision Associate

Salary: National up to £47,000 and London up to £52,000 per annum
- _Salary offered will be based on skills and experience_
- Are you interested in joining a team that will help shape and deliver the future of Benchmark Supervision at the FCA?_

What you will be doing- As a dedicated benchmarks supervisor, you will contribute to the development and implementation of an effective supervisory strategy to address key risks of harm- Work with the supervision team to change firms’ conduct and learn to use influence, persuasion and the FCA’s formal powers- You will assist with the analysis of information and data to make effective supervisory judgements- You will be responsible for supporting the team in logging supervisory cases and helping to manage workflow to support delivery of supervisory priorities- The role involves developing and maintaining effective relationships with stakeholders both internal and external

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 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- Private healthcare with Bupa- A non-contributory Pension of at least 8% of your basic salary each month (there are several contribution levels that increase depending on your age - up to 12% a month once you reach the age of 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

Joining the Benchmark Supervision team, you will have the opportunity to implement and influence the FCA’s supervision strategy for Benchmark Administrators. This role provides exposure to both a breadth and a depth of issues, including with senior management at benchmark administrators.

You will also have the opportunity to work with and learn from FCA colleagues covering wide ranging issues including technology and resilience, competition, benchmarks policy, authorisations and enforcement. You will have the opportunity to engage with a wide variety of stakeholders, including other regulatory authorities. You will enjoy a unique perspective on the financial services industry, with the opportunity to do meaningful work that makes a real difference.

As an Academy Business we place great value on learning and at the FCA we offer world-class development opportunities which will assist you in achieving your career aspirations.

The skills and experience you’ll have

Minimum- Experience working in either a financial service environment such as firms, legal and consultancy or other regulatory and governmental organisations- Experience working in an analytical role- Strong written communication skills

Essential- An understanding of the FCA’s role and objectives- Strong organisation and self-management skills to meet commitments and deliver within agreed timeframes.- Strong written and oral communication skills, including the ability to distil complex issues into succinct messages.- A collaborative approach and ability to think creatively about new and emerging supervisory issues- Ability to operate with confidence in an environment of uncertainty, complexity and rapid change- An analytical mind-set and a risk-based approach to decision making and judgements.- Ability to develop technical knowledge to provide support across relevant workstreams- Ability to escalate issues appropriately- Ability to adopt a flexible and pragmatic approach to your work- Ability to work at pace and prioritise competing objectives

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

Flexible working

Multilocation & hybrid working

Useful information

Applications for this role close at midnight on 2nd July

This role is graded as Associate - Level 8 - Regulatory

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