Primary Markets Supervisor

Job Title: Primary Markets Supervisor

Division: Enforcement & Market Oversight

Department: Primary Market Oversight

Salary: National (Edinburgh and Leeds) ranging from £53,800 to £70,500 and London from £59,200 to £77,000 (salary offered will be based on skills and experience)

Role Grade: Senior Associate - Regulatory

Recruitment Contact: Riley –  Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.

We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective. By joining us, you’ll play a key part in protecting consumers, driving economic growth, and shaping the future of UK finance services.

The Market Oversight Directorate oversees conduct in UK primary and secondary markets through the listing, prospectus, and market abuse regimes, aiming to promote trusted, orderly, and efficient markets via its four departments:
Listing, Primary Market Oversight, Secondary Market Oversight, and Market Oversight Data & Intelligence.

The Primary Market Oversight (PMO) Department, within the Market Oversight Directorate, ensures trusted and orderly UK primary markets by overseeing the Market Abuse Regulation, Listing Rules and Disclosure and Transparency Rules. It brings together five specialist teams to provide guidance, supervise key market participants, monitor disclosures and investigate potential breaches.

Within this, Primary Market Specialist Supervision (PMSS) oversees key regimes focused on primary markets activities, including MAR, and the sponsor, Primary Information Provider (PIP) and proxy adviser regimes, ensuring issuers receive appropriate advice at critical stages, regulatory information is effectively disseminated, and investors receive clear information about research and voting services.

• Developing and maintaining relationships with your sponsor firms/PIPs through regular communications
• Developing an understanding of the relevant firms, their staff and systems and controls
• Analysing and understanding technical issues that have arisen, applying your knowledge of the relevant regulation
• Managing and coordinating desk‑based or on‑site reviews at sponsors and other corporate finance firms
• Considering applications from firms wishing to become a sponsor, PIP or proxy adviser
• Leading on or supporting policy development work and other FCA projects
• Where appropriate, providing feedback to firms and taking appropriate action

• Experience working in primary markets (whether in corporate finance, investment banking compliance or regulation role)
• Demonstrable experience in assessing complex information and presenting written analysis
• Prior experience within the workplace of handling and prioritising a varied caseload

• Effective written and oral communication skills
• The ability to manage, prioritise and deliver across a diverse portfolio of projects and cases
• Experience showing initiative and judgement and the ability to make real‑time decisions about when and how to escalat­e
• The ability to identify key risks and opportunities and to recognise the impact of a course of action on our stakeholders
• Previous experience coordinating and working with individuals or small teams on case or project work
• The ability to work collaboratively and flexibly with colleagues across the FCA
• Effective negotiation and relationship building skills, the ability to effectively communicate difficult messages with credibility and to use a range of communication approaches

• 25 days annual leave plus bank holidays
• Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors)
• Non‑contributory pension (8–12% depending on age) and life assurance at eight times your salary
• Private healthcare with Bupa, income protection, and 24/7 Employee Assistance
• 35 hours of paid volunteering annually
• A flexible benefits scheme designed around your lifestyle

Our colleagues are the key…