Cryptoassets Policy Specialist
Division – Payments & Digital Assets
Salary
National ranging from £67,100 up to £90,000 per annum and London £73,300 to £95,000
About the FCA
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.
Are you looking for a chance to work at the heart of the fast-moving world of Digital Assets – and to play a key role in shaping the future UK regulatory environment, and sector?
We are looking for a talented individual to join the Cryptoasset Policy team in our Payments and Digital Assets Directorate.
The Crypto Policy team plays a critical role in scoping, designing and leading the FCA's policy work in relation to cryptoassets. This sector continues to grow at great pace, creating both opportunities for consumers and regulated participants, but also new risks that we must stay ahead of.
Regulation of the cryptoassets sector is already underway and Her Majesty’s Treasury (HMT) has proposed bringing much more into the remit of the Financial Conduct Authority (FCA). It is the Crypto Policy team’s role to devise and drive this work forward, liaising with multiple internal stakeholders, HMT, Bank of England, industry and international regulators to propose a future regulatory framework.
What you will be doing
* Providing specialist technical advice to shape, support and challenge the development of the team’s policy solutions for further regulating the sector
* Ensuring proposals are robust, evidenced and benchmarked against traditional finance and international comparisons
* Over time, advising key internal and front line colleagues on the application of the existing regulation that applies to firms in the UK (and potentially other jurisdictions, where relevant)
* Driving forward your own proposals, displaying judgement while managing stakeholders
You will have the opportunity to help shape the long-term vision and strategy of how we further regulate this sector. This will involve working with others across the FCA to harness expertise and knowledge from internal departments, including wholesale crypto policy, Risk & Compliance Legal, International, Supervision and Enforcement. You will also gain exposure to working with external stakeholders such as HMT, the Bank of England and it is expected that you create and build relationships with a diverse range of industry stakeholders.
What you will get from the role?
You will be utilising your previous consumer lending / payments / e-money / trading / consumer investing knowledge to work at the heart of policy in the FCA in an evolving department.
You will have the opportunity to build further on existing in-depth knowledge of the market dynamics, and also design and deliver the regulatory framework and requirements that will shape the future shape of the UK cryptoasset sector.
You will gain exposure to FCA Senior Management and work closely with government bodies, other regulators and market participants.
Which skills are required?
* Prior experience of complex technical policy development, or the application of regulatory rules in practice
* Prior experience developing policy solutions, using creative ways to overcome policy dilemmas, including details around their application and implementation
Essential
* Understanding of what makes markets work well for consumers and the impact of regulation on consumers, including unintended outcomes
* Excellent oral and written communication skills, particularly communicating complex concepts to non-technical colleagues
* Ability to demonstrate personal impact and influence and persuade stakeholders of your point of view
* Experience of engaging with a diverse range of stakeholders
* A collaborative and flexible approach, with the ability to think strategically about future regulatory approaches and join up with wider FCA or Government policy initiatives
* Some knowledge and/or experience of the cryptoassets sector
* Comfortable with responsibility and managing ambiguity
Our Values & Diversity
We are proud to be an inclusive employer and our ambition is to cultivate a culture for all employees that respects their individual strengths, views, and experiences. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation, and delivers better regulation.
Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.
Did you know? 50% of our ExCo are women (4 of 8).
The FCA is committed to achieving greater diversity across all levels of the organisation. Given this, we particularly welcome applications from women, minority ethnic, disabled, and neurodivergent candidates for this Technical Specialist role.
Benefits of working at the FCA
* 28 days holiday per year plus bank holidays
* Hybrid working (work from home up to 60% of your time)
* Private healthcare with Bupa
* A non-contributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age – up to 12% a month once you reach age 35)
* Life assurance of eight times your basic salary
* Income protection
We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.
We welcome applications from candidates who are looking for flexible arrangements. Many of our staff work flexibly including working part-time, staggered hours, and job shares. We can’t promise to give you exactly what you want but we can explore what might work best for both sides.
Follow this link to see what life is like at the FCA - Life at the FCA
Application Support
We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.
If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.
Useful Information and Timeline
* This role is graded Technical Specialist – Regulatory
* Applications for this role close on Wednesday 5th February (midnight)
* CVs will be reviewed by the Recruiting Team from Thursday 6th February onwards
Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.
Got a question?
If you are interested in learning more about the role, please contact:
For internal candidates: please speak to Jen Wishart on Jennifer.Wishart@fca.org.uk
For external applicants, please contact Chhavi Bartaria on Chhavi.Bartaria@fca.org.uk
Applications must be submitted through our online portal. Applications sent via email will not be accepted.
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