Senior Supervisor – Consumer Investments Financial Crime Team

Senior Supervisor – Consumer Investments Financial Crime Team
Division – Supervision, Policy & Competition (SPC)
Department – Consumer Investments - Financial Crime Team

Salary - National (Edinburgh and Leeds) ranging from £51,200 to £64,000 and London £56,400 to £70,400 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 Consumer Investments Financial Crime Team is specifically focused on investment fraud, identifying and taking assertive action to protect consumers. Criminals often attempt to use financial services firms to commit fraud and launder money, causing loss to consumers, facilitating other crime and reducing confidence in financial services and markets.  We will intervene where firms are at risk of being used as conduits for illegal activity and where firms and individuals pose harm to consumers or market integrity. We want consumers and market participants to have confidence that the financial services industry is safe.

The team creates an exciting opportunity to work with stakeholders across the FCA, and be a key contributor to preventing financial crime in all its forms, through working with regulated firms, Government, law enforcement and our regulatory partners.

We are increasingly data-led so we can:

• Detect financial crime faster, where it is committed through or with the assistance of authorised firms and other enablers in the wealth management and financial advice sectors

• Disrupt the activities of criminals and enablers operating within the financial system, and pursue firms and individuals where necessary

• Remove individuals and firms from the financial system that commit or facilitate financial crime

What you will be doing?

• Collating and analysing data from multiple sources, reviewing firm business models and strategies, and identifying how conduct risks could cause harm to consumers and / or markets

• Reviewing firms risk management frameworks, control environment, monitoring and reporting arrangements, and the products firms manufacture and distribute, with a particular focus on financial crime

• Developing supervision and mitigation strategies, setting clear expectations to firms, influencing, persuading and where appropriate, using formal powers and tools to change conduct behaviour, and to deliver better outcomes for consumers

• Building strong working relationships with internal stakeholders who can support the delivery of our supervision strategies

• Understanding and applying FCA Principles and Handbook rules

• Escalating issues as appropriate, including proposing proportionate, outcome focused solutions to FCA senior management and relevant governing committees

What will you get from the role?

• A unique opportunity to identify and develop supervision strategies on financial crime, making a valued contribution within a team that plays a critical role in the FCA’s early detection, prevention and reduction of financial crime within the investment sector

• A stimulating and exciting environment with varied and interesting high profile work with exposure to senior stakeholders at the FCA

• Insight into the workings of firms across the sector and the opportunity to influence firms' senior management and behaviour

• Exposure to a diverse cross-divisional FCA approach that includes Prudential, CASS, Resolution, Financial Crime and Enforcement action

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 Click Here)

Minimum

• Experience of making timely risk-based decisions with clear justification and putting an appropriate strategy in place

• Experience of analysing complex data and intelligence from various sources

• Strong written communication skills

Essential

• Experience reviewing complex data and intelligence to reach conclusions and make timely judgements, with the ability to think holistically, and consider how information or evidence fits into the bigger picture of consumer harm

• Stakeholder management: you can build effective working relationships to support the delivery of supervisory goals, flexing your style to build consensus and influence a range of diverse stakeholders

• Strong sense of accountability: you take ownership of problems and drive forward pragmatic action-based solutions at pace

• Organisational skills and prioritisation: you can effectively manage different priorities, which may change at short notice, and be able to adapt to change

• Ability to influence and negotiate while maintaining the integrity of the issues that need to be conveyed

• Willingness to learn and develop, taking on new responsibilities and adopting a flexible and pragmatic approach to your work

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 ExCo are women (4 in 8)

The FCA is committed to achieving greater diversity across all levels of the organisation. Given this, we particularly welcome applications from women, minority ethnic, disabled, and neurodivergent candidates for our Senior Associate - Regulatory role.

Benefits of working at the FCA

• 25 days holiday per year plus bank holidays

• Hybrid working (work from home up to 60% of your time)

• Private healthcare with Bupa 

• A non-contributory Pension of at least 8%

• Life assurance

• Income protection

We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.

We welcome applications from candidates who are looking for flexible arrangements.  Many of our staff work flexibly including working part-time, staggered hours, and job shares.  We can’t promise to give you exactly what you want but we can explore what might work best for both sides.

Follow this link to see what life is like at the FCA - Life at the FCA

Application Support

We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.

If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.

Useful Information and Timeline

• This role is graded Senior Associate - Regulatory

• Advert Closing Date: 19th February 2025

• First Round Competency Based Interview: W/C 3rd March

• Potential Case Study Assessment: W/C 10th March

Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time. 

Got a question?

If you are interested in learning more about the role, please contact: 

• For internal applicants, please contact Sara Holland at [email protected]

• For external applicants, please contact Aaron Ward at [email protected]

Applications must be submitted through our online portal. Applications sent via email will not be accepted.