Lead Firm Supervisor – Consumer Investments, Adviser and Investment Intermediary team

Division – Consumer Investments

Department – Adviser and Investment Intermediary team

Salary - National (Edinburgh and Leeds) ranging from £57,600 to £69,000 and London £63,300 to £71,000 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 Adviser and Investment Intermediary Team in Consumer Investments is focussed on working with the firms we supervise to reduce harm arising from retirement income advice, ongoing advice services and consolidation. The team supervises firms of all sizes from sole traders to large advice networks and vertical integrated high street names. There are also niche non-advised services, investment consultancy services to retail consumers/ corporates, and authorised professional firms (e.g. solicitors).

More information on our strategy for the next two years below:

https://www.fca.org.uk/news/speeches/its-good-be-different-new-fca-supervisory-strategy-financial-advice-sector

https://www.fca.org.uk/publication/correspondence/portfolio-letter-advisers-intermediaries-2024.pdf

What you will be doing?

• Leading and supporting supervision strategies in relation to Consumer Duty
• Working in a complex, high profile, portfolio, supervising a sector that services over 3 million customers with potential to make a positive impact for consumers who use financial advisers
• Contributing to the development and progression of colleagues within the team and department

What will you get from the role?

• Obtaining a unique insight into the workings of firms across the sector and getting the opportunity to influence firms' senior management and behaviour
• Engaging with senior stakeholders across the FCA approach that includes prudential, insolvency, and enforcement teams

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 in the financial adviser sector or regulatory, consultancy or compliance related role within financial services
• Experience of analysing data to identify trends, risks, key issues and presenting the results to a senior audience
• Demonstrable experience in directing, coaching, or managing teams, including supporting and developing colleagues

Essential

• Build effective working relationships, flexing your style to build consensus and influence a range of diverse stakeholders 
• Take ownership of problems and drive forward pragmatic action-based solutions 
• Effectively manage 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
• A sound understanding of the Consumer Investments sector (or willingness to learn): including some knowledge of retail investment products and services, and the key risks posed by firms in the sector

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 Lead 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 Lead Associate - Regulatory

Shortlisted candidates will be invited to complete a case study first. If you are successful at the case study stage, you will be invited for a 60-min competency-based interview.

• Advert Closing Date: 9th December 2024
• CV Review/Shortlist: 11th to 13th December 2024
• First Round Case Study Assessment: 17th December to 19th December 2024
• Competency Based Interview: Week commencing 6th January 2025

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 Cheryl Cheung 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.