Wholesale Sector Team – Lead 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.

The Wholesale Banks Sector Team is responsible for supporting the supervision of the Wholesale Banks portfolio. We identify risks in the sector, identify market trends, undertake analysis of market structures, perform proactive supervisory work to identify the breadth and depth of issues, and intervene to improve firms’ conduct. We respond to risk events, such as market disruption or political events, by assessing the impact on firms and identifying appropriate strategies to reduce the impact on consumers and markets. We also work to imbed new policy or regulatory initiatives and ensure that firms are meeting the evolving expectations of them.

We place a high priority on open and cooperative working, both with our internal and external stakeholders. Our department combines both our supervisory and policy-making work which gives the opportunity to consider a range of responses to improve conduct.

What will you be doing?

Leading workstreams to shape, develop and support the delivery of the strategies across the FCA for wholesale financial markets

Facilitating multi-firm projects, including scoping, gathering information, analysing and drafting reports and using outputs to change firm behaviour

Coordinating responses to market events, including engaging with firms to gather information, and coordinating with internal and external stakeholders to mitigate impacts on consumer and markets

Developing deep insight into wholesale financial markets sector to identify and manage key risks and opportunities

Building and maintaining strong relationships with stakeholders, including at a senior level, both internally and externally, including other regulators, authorities and trade associations

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