Lead Wholesale Market Associate

Requirements of the role

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.

We’re looking for a collaborative and insightful Lead Associate Supervisor to join the Market Infrastructure Trading Venues Department on a permanent basis.

This team plays a vital role in maintaining the integrity, fairness, and resilience of UK financial markets by supervising key infrastructure such as Recognised Investment Exchanges (RIEs), Recognised Overseas Investment Exchanges (ROIEs), Multilateral Trading Facilities (MTFs), and Organised Trading Facilities (OTFs).

The Market Infrastructure Trading Venues Department is responsible for supervising key parts of the UK’s financial ecosystem, including:

Investment exchanges offering equities, derivatives, and commodities—such as the London Stock Exchange, ICE Futures Europe, and London Metal Exchange—as well as an increasing number of overseas exchanges.

Multilateral and Organised Trading Facilities, covering authorisation and ongoing supervision to ensure markets remain fair, orderly, and resilient.

We use a broad toolkit—from direct firm engagement to market-wide thematic work—to promote integrity and trust in wholesale markets.

What will you be doing?

Lead supervision of a Recognised Investment Exchange, nurturing strong senior relationships, understanding firm-specific issues, and identifying current and emerging risks with clarity and care

Support and guide colleagues, with task management responsibility for 1–2 supervisors, helping shape and deliver a forward-thinking, collaborative supervision strategy

Champion a proactive approach, focusing on business models, culture, and governance to align with the FCA’s broader goals for safer and fairer markets

Tackle complex challenges independently, applying sound regulatory judgment while remaining open to consultation and team insight

Build trusted connections across the FCA and externally working with UK/EU regulators, Enforcement, Markets Policy, Financial Crime, and other internal teams to ensure consistent, well-informed supervision

Contribute to policy development and communications, drafting clear, thoughtful messages for internal and external audiences and helping evolve the regulatory framework that supports Trading Venues

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