Financial Crime Supervisor

Division - Specialist

Department - Financial Crime Market Interventions

Salary - National (Edinburgh and Leeds) ranging from £41,800 to £50,000 and London £46,000 to £55,000 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.

Specialist - We partner and collaborate with colleagues across the FCA, leading on specialisms that cross the spectrum of the c.45,000 regulated firms and, with Office for Professional Body Anti Money Laundering (OPBAS), 25 professional body supervisors that supervise thousands​ more professional firms. We work to bring our respective intelligence and perspectives on the firms we regulate to provide a holistic view that can help mitigate root causes and one day help predict the next issue in a firm.

Financial Crime Market Interventions provides the dedicated specialist resource and expertise to help the FCA (Financial Conduct Authority) meet its financial crime responsibilities, as contained in the FCA’s wider objective on integrity and in its public financial crime commitment. 

The department is comprised of four Financial Crime Specialist Supervision teams, a Financial Crime Market Interventions Team, Sanctions Supervisory Team, a Risk, Data & Strategy Team and a Financial Crime Public Commitments Strategy & Delivery Team. Working together with others inside and outside the FCA, we deal with issues involving money laundering, financial sanctions and bribery and corruption. 

The Financial Crime Market Interventions department does not cover market abuse or fraud. 

What you will be doing 

As an Associate, you will be responsible for delivering our proactive supervisory assessment programme and/or a portfolio of reactive casework, relating to financial crime issues. These activities ensure that we deliver the objectives of the department. You will be expected to make appropriate judgements on regulatory actions following proactive or reactive assessments. You will work with a variety of internal and external stakeholders to ensure that they are kept informed and engaged as appropriate.

You will report to a Financial Crime Market Interventions Manager/Lead Associate. 

What you will get from the role

• An interesting and varied workload, with responsibility for delivering the work assigned to you
• The opportunity to work on potentially high profile or complex casework and to support on financial crime systems and controls assessments of regulated firms across various financial sectors
• The chance to work collaboratively with external agencies including other regulators and law enforcement
• Internal collaboration with many areas including our firm supervisors, Intelligence Department and Enforcement
• The chance to join a friendly and collaborative environment committed to thinking creatively about achieving good financial crime compliance outcomes for the FCA
• The opportunity to use your judgement to make judgements at pace, stand by them, and learn from experience

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 the UK financial crime legal and regulatory regime, gained through study or working experience
• Excellent well organised written communication, particularly when communicating with firms
• Experience of dealing with multiple tasks and managing competing work streams often under tight deadlines

Essential 

• Knowledge of the FCA’s regulatory and wider legal framework 
• A good understanding of the wider business, economic, and market environment and how this affects firms’ vulnerability to financial crime.
• The ability to quickly evaluate and interpret a variety of data and information to execute effective actions to mitigate risk 
• A team player, with a positive approach and outlook to their work and the ability to deliver autonomously when necessary 
• The ability to work effectively with a variety of stakeholders, both external and within the FCA, provide effective challenge and find solutions to problems 
• The ability to manage and progress cases, apply technical and professional experience to make judgements 
• Confidence to make considered judgements, to stand by their decisions and learn from experience 

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.

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 Associate Level 8 role.

Benefits of working at the FCA

• 25 days holiday per year plus bank holidays (amend based on grade) 
• 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 Associate Level 8 – Regulatory
• SC Clearance is required for this role -  SC Guidance The successful candidate will hold or will be required to obtain Security Clearance (SC) level vetting
• Advert Closing Date: 4th December 2024
• CV Review/Shortlist: 6th December 2024
• First Round Case Study and Interview Assessment: W/C 16th December 2024

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 Linda Bradley at [email protected] 
• For external applicants, please contact Chhavi Bartaria at [email protected] 

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