Market Data Repository Supervisor - London, United Kingdom - Financial Conduct Authority

Financial Conduct Authority

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Salary:
National ranging from £40,600 to £50,100 and London £44,900 to £55,700 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 _
Market Conduct & Post Trade Supervision and Policy_

- at the FCA?_

The team/department

The Capital Markets Department within the Supervision, Policy and Competition Division at the Financial Conduct Authority (FCA) is responsible for both the supervision and policy relating to Trade Repositories (TRs) and Securitisation Repositories (SRs).

We are currently looking for a talented associate to join the Market Conduct & Post Trade team.

Your role will contribute to the FCA strategy from a wholesale markets perspective by supervising market data repositories. These firms collect and maintain key regulatory datasets relating to the derivatives, securities financing and securitisation markets.

They play a key role in providing the FCA and other regulatory authorities access to these crucial datasets that are vital in enabling the FCA to discharge its public functions and effectively monitor for instances of systemic risk in wholesale markets.

You will use your analytical skills to identify risk in the business models and strategies of the firms in our portfolio and help to develop resolution strategies for addressing those risks.

This is a challenging, interesting, and varied role in one of the most high-profile and dynamic areas of the FCA.

It will give you the opportunity to help shape and deliver our supervisory approach to TRs and SRs post the UK's exit from the EU.

It will also enable you to build a detailed understanding of the UK's market data reporting regimes, FCA data ingestion systems, and the FCA's wider use of the data we receive.

What you will be doing- Supervisory engagement with TRs and SRs to ensure that they comply with relevant UK regulations on an ongoing basis- Supporting delivery of the supervisory strategy for this portfolio of firms- Managing team procedures and processes related to the efficient delivery of the team functions- Liaising with key internal stakeholders such as Authorisations, Legal Division and other Supervision teams- Working alongside other supervision teams within the Capital Markets Department (Benchmarks Administrators and Credit Ratings Agencies) to support and shape a supervisory strategy for the wider Capital Markets department- Engaging with external stakeholders such as HM Treasury, the Bank of England, ESMA, and various industry bodies- Exposure to wider policy and project work related to the supervision of TRs and SRs e.g.

, EMIR Refit- Ensuring the wholesale market data sets to which TRs and SRs are responsible support the wider FCA strategy to be a more data driven authority

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 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

Joining the Market Conduct and Post Trade team you will have the opportunity to implement and influence the FCA's supervision portfolio strategy for these firms.

This role provides exposure to both a breadth and a depth of issues, including with senior management at TRs and SRs.

You will also have the opportunity to work with and learn from FCA colleagues covering wide ranging issues including technology and resilience, competition, post trade 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.

You will have the opportunity to work in a high-energy and stimulating department, within a supportive team environment that continually seeks to develop individuals as well as a future career path that offers opportunities for progression across the organisation.

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- Written communicat