Senior Credit Rating Agency Supervision 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 are currently looking for a talented person to join the Credit Rating Agencies (CRA) Supervision team within the Capital Markets Department. The Capital Markets Department within the Supervision, Policy and Competition Division at the FCA is responsible for both credit rating agencies supervision and policy.

The CRA Supervision team is responsible for the supervision of UK regulated credit rating agencies. CRAs play a key role in providing an assessment of the creditworthiness of governments, corporates and other issuers of securities. Where they perform this role effectively, investors are well-informed on the risks of investing in these assets and hence, capital is more efficiently allocated. These outcomes contribute particularly to the FCA’s statutory objective for market integrity, and its consumer protection objective. We supervise CRAs according to the UK regulation and in line with the FCA Approach to Supervision.

What will you be doing?

You will be responsible for the FCA’s supervisory relationship with individual credit rating agencies, driving engagement with the view of influencing conduct behaviour

You will drive, deliver and/or oversee the delivery of projects within the supervision strategy to mitigate or reduce harm to consumers and enhance market integrity

You will be required to exercise expert judgement to reduce and mitigate risks of harm emanating from the credit ratings business model and strategy

The role involves communicating effectively with internal stakeholders, including at a senior level

You will be asked to present and share knowledge with colleagues, including the wider Capital Markets Department and colleagues within the team

You will work with others in the Capital Markets Department, include Benchmarks Supervision to share knowledge, identify risk and issues, and collaborate on common supervisory processes

View on member website