Senior Competition Economist

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.

This role is in the Competition Division (CD). CD leads the FCA’s competition mandate and much of our work is focused on ensuring markets are working well for consumers.

Within CD sits the Competition Economics team. Our aim is to apply our unique mix of expertise in competition, economics, and quantitative analytical frameworks, working together to:

• Describe and diagnose poor outcomes or harm, and how these could stem from ineffective competition
• Identify where competition issues might exist currently or in future, and which to prioritise
• Build robust evidence on those issues and advise on the best way to remedy or mitigate issues by taking proportionate action where appropriate

You will be a key member of the team, leading on and carrying out the competition and economic analysis to support our projects in a variety of financial services markets. You will play a crucial role in designing and delivering high quality competition economic analysis of markets and firms including to diagnose harm in markets, identify competition law infringements, and inform remedies.

What you will be doing

You will work alongside colleagues to scrutinise markets and firm behaviour. Your work will include:

• Scoping problems that require economic and competition investigation, including market failures that may be causing poor outcomes for consumers
• Supporting the Manager in overseeing the activity of team. This might include allocating tasks, supporting and developing more junior colleagues, and planning project delivery
• Supporting, line and / or work-managing colleagues
• Driving the delivery of high quality findings, including quantitative economic data, which will be used to make evidence-based decisions and recommendations
• Influencing and developing the team and department’s strategy, helping to define priority outcomes and measures of success, using your judgement to advance the FCA’s goals, and presenting on behalf of the team

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