Senior Policy Associate - London, United Kingdom - Financial Conduct Authority

Financial Conduct Authority

Verified Company

London, United Kingdom

6 days ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Salary:
National ranging from £49,700 to £67,000 and London from £53,300 to £75,000

Do you want to work in a department that _

The team/department

There are few jobs where you can make a real difference to the 2 million people who work in the UK Financial Services industry, the 40 million consumers of financial products and the stability of our economy as a whole.

From regulating Consumer Credit to driving action on Foreign Exchange manipulation or helping strengthen accountability in the banking sector, the FCA is working with the industry to protect consumers, ensure the integrity of the UK financial system and promote fair and effective competition.

The team has a broad and exciting remit, including:

Owning and advising on the wholesale conduct areas of MiFID II (Markets in Financial Instruments Directive) including the rules addressing conflicts of interest, i.e. research and inducements and best execution as well as other conduct of business requirements. Influencing and determining the UK's policy position on these topics following withdrawal from the EU
Owning fixed income policy including the Securitisation Regulation, the Credit Rating Agencies Regulation and the Covered Bond Regulation
Supervision of structured finance markets

What you will be doing (the role)

Leading on any question relating to wholesale conduct policy, including research and inducement and best execution policy
Leading on the consultation to seek policy changes to the securitisation regulation
Leading on any Future Regulatory Framework work following the UK withdrawal from the EU
Working with colleagues in Authorisation and Supervision to ensure joined up FCA approach to interpreting and implementing MiFID II in relation to wholesale conduct

What you will get for the role

This is an exciting role for someone looking for policy exposure on both:

Key pieces of financial markets regulation affecting not only wholesale market participants but also their millions of users in the UK and internationally, providing opportunities to develop policy making skills at national and international level, and
Provide pivotal support across the FCA on a number of high profile topics
You will get exposure to a combination of technical work, strategic analysis and stakeholder engagement
The opportunity to influence the evolution of MiFID II
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 noncontributory 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 will have
Minimum
Experience working in financial services, financial regulation or policy making
Experience in the resolution of financial regulatory or policy issues
Evidence of Senior stakeholder management externally and internally
Essential
Knowledge of key pieces of financial regulations like Mifid II or the securitisation regulation and financial markets
Good understanding of the UK and EU regulatory architecture
Ability to analyse regulatory issues and make judgements supported by evidence, including where only partial information is available
Strong commitment to collaborative working, including willingness to respond positively to challenge from others
Proven ability to deliver work independently
Excellent communication skills, with demonstrated ability to tailor communication to less technical audiences
Relationship management skills and the ability to influence stakeholders
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 threeyear 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, 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.
Flexible working