Financial Crime Associate

Title - Financial Crime Associate

Division – Supervision, Policy & Competition (SPC)

Department – Consumer Investments Financial Crime Team

Salary - National (Edinburgh and Leeds) ranging from £43,100 to £49,700 and London £47,300 to £52,000 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 dedicated to protecting consumers from investment fraud and building trust in financial services. We take proactive, thoughtful action to prevent firms being exploited for criminal activity, helping to keep people safe and markets secure.

Working in this collaborative and purpose-driven team offers the chance to make a real difference—partnering with firms, government bodies, law enforcement and regulators to reduce harm and support a safer financial landscape for all.

We are increasingly data-led, empowering us to:

• Swiftly identify financial crime occurring within authorised firms or facilitated by enablers in the wealth management and financial advice sectors

• Actively disrupt criminal activities within the financial system while holding accountable those who enable or participate in wrongdoing

• Remove individuals and firms that engage in or facilitate financial crime, reinforcing the integrity and trustworthiness of the financial industry

What will you be doing? 

• Drawing on multiple data sources to assess business models and strategies, with a proactive focus on identifying conduct risks that may affect consumers or markets

• Reviewed firms’ risk management frameworks and control environments with care and diligence, paying particular attention to financial crime, product distribution and monitoring and reporting practices

• Contributed to the development of supervision and mitigation strategies by setting clear expectations, using influence and persuasion and where necessary, applying formal tools to encourage constructive behavioural change and deliver positive outcomes for consumers

• Nurtured strong, collaborative relationships with internal colleagues and stakeholders, working together to support the effective delivery of supervision strategies

• Apply sound understanding of FCA Principles and Handbook rules, ensuring alignment with regulatory standards and organisational values

• Provided thoughtful support to senior associates on case work, actively participating in firm meetings—both virtual and in person—and confidently escalating issues with proportionate, outcome-focused recommendations to senior management and governance committees

What you will get from the role 

• A meaningful opportunity to shape and support supervision strategies on financial crime, making a valued contribution within a collaborative team that plays an important role in the FCA’s early detection, prevention and reduction of financial crime within the investment sector

• A supportive and engaging environment with varied and enriching work, offering opportunities to connect with and learn from senior stakeholders across the FCA

• Thoughtful insight into the operations of firms across the sector, along with the opportunity to positively guide and influence senior leaders towards responsible and people-centred behaviours

• Involvement in a collaborative, cross-divisional FCA approach that includes Prudential, CASS, Resolution, Financial Crime and Enforcement, all working together to deliver fair and effective outcomes

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  

• Proven experience in a role which has required strong written and verbal communication skills, along with the ability to cultivate and manage stakeholder relationships across all levels

• Experience in either firm supervision or the investment sector, with a supportive and team-oriented approach

• Experience to analyse complex information from a range of sources, drawing balanced and considerate conclusions

Desirable  

• Judgement - An ability to consider complex information and contribute to the development an appropriate supervisory strategy to tackle the harm

• Internal and external stakeholder management skills. An ability to build good relationships with external and internal stakeholders to support the delivery of supervisory objectives

• Engagement – Good communication skills both written and verbally. An ability to communicate key messages and explain complex problems in a clear and concise manner

• Delivery – An ability to get to grips with and drive forward complex cases and workstreams with an appropriate level of support and guidance

• Organisational ability - ability to at work at pace and under pressure and manage a variety of competing workstreams and issues and prioritise accordingly

• 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 Executive Committee were the first in their family to attend university

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 as: Associate - Regulatory 

• Advert Closing Date: Monday 2nd June

• CV Review/ Shortlist: Wednesday 4th June

• First Round Case Study Assessment: W/C 9th June

• Competency Based Interview: W/C Monday 16th June

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 Steve Christopher on [email protected] 

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