Financial Markets Specialist

Location: Greater London

Financial Markets Specialist

Division:
Supervision, Policy & Competition (SPC)

Department:
Market Oversight (MO)

Salary:
National (Edinburgh and Leeds) ranging from £60,700 to £80,700 and London £66,600 to £88,600 per annum (Salary offered will be based on skills and experience)

SC Clearance is required for this role

About the FCA and team

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 financial services in the UK.

Supervision, Policy and Competition (SPC) oversees firms and individuals (Supervision), creates and reviews the rules by which they operate (Policy) and identifies and remedies ineffective competition in markets (Competition). Market Oversight (MO) oversees conduct in UK primary and secondary markets through the listing, prospectus, and market abuse regimes, aiming to promote trusted, orderly, and efficient markets. The newly formed Central Market Monitoring (CMM) team sits between SPC and MO.

The FCA is dedicating resources to better understand market functioning in real time and how market-wide risks are building up over time.

We are looking for candidates with a solid analytical and practical understanding of financial markets and financial market risk management experience. To align with our objectives, a significant knowledge of fixed income, equity, rates, derivatives or commodities markets, an ability to analyse different sectors or firm behaviours, trading strategies and risk building through the use of data is essential.

Role responsibilities

• Lead the development of innovative frameworks to monitor and assess market integrity risks, including concentrations, leverage and interconnectedness, helping to strengthen the resilience of UK wholesale markets
• Turn complex, risk-sensitive data into clear insights and visualisations that inform strategic decisions and shape the FCA's approach to emerging market-wide risks
• Influence positive change by developing evidence-based recommendations that reduce risks, enhance market integrity and support effective market functioning
• Deliver real-time assessments of market health, playing a key role in responding to market events and coordinating action with internal and external partners during periods of stress and uncertainty
• Build trusted relationships across the FCA and with external stakeholders, bringing people together to deliver outcomes that support fair, effective and competitive wholesale markets
• Shape the FCA's voice on market integrity and market functioning through high-profile risk assessments, briefings and communications that help protect consumers and maintain confidence in the UK's financial system

Skills required Minimum

• Prior experience of fixed income, rates, derivatives, equity or commodities markets
• Prior experience of strong analytical outputs, of using data and analysis to reach conclusions on overall risks related to trading strategies or to market functioning
• Proven experience to lead projects independently and deliver high-quality outputs on time

Essential

• Demonstrated ability to learn new information quickly and on your own
• Proven ability to impact and influence internal and external stakeholders
• Clear and authoritative communication skills to present to a senior audience/ effective ability to articulate and synthetise market developments
• Ability to build and maintain relationships with senior management, other regulators and staff at all levels within the FCA
• Effectively prioritises workloads and manages competing demands to deliver key tasks efficiently and to a high standard
• Works collaboratively as part of a team, fostering an inclusive environment and…