Division – Infrastructure & Exchanges Department - Capital Markets Salary - National (Edinburgh and Leeds) ranging from £67,100 to £98,000 and London £73,700 to £106,000 per annum (Salary offered will be based on skills and experience) 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. We have an exciting opportunity for a talented aspiring person with policymaking experience to join the Benchmarks & Credit Ratings Policy team within the Capital Markets Department at the FCA. Our team is responsible for making policy which aims to prevent harm to consumers and markets from the use of benchmarks and credit ratings. We are particularly looking for candidates with an understanding of the legal framework relating to any of these policy areas and/or a regulatory or policy background. You will join a dedicated team of policy professionals who are focused on shaping creative and evidence-based policy solutions that benefit consumers, markets, and competition. We work collaboratively, including with stakeholders across the FCA and externally, to solve problems and deliver market integrity. We are committed to sharing our knowledge and encouraging new ideas. What will you be doing? Providing expert advice, creativity, and critical judgement to help shape, support and develop the team’s policy solutions on future regulation Planning the repeal and replacement review of relevant regulations Working closely with Supervision colleagues on shaping and challenging the outcomes of thematic workstreams relevant to future regulation Engaging and influencing a range of internal and external stakeholders to develop and deliver the best outcome for wholesale markets Sharing knowledge and experience through partnering, education and consulting based on the subject matter and providing thought leadership in the capital markets sphere Mentoring and coaching staff on technical issues relating to policy development and regulation What will you get from the role? This role is an exciting opportunity to work at the heart of policy in the FCA in an evolving area. As part of this role, you will have the opportunity to: Get significant exposure to UK capital markets, working closely with a wide array of stakeholders, include market participants, trade bodies and other regulatory and government bodies Play an important role in shaping wholesale markets in the UK at a time of significant change Gain exposure to FCA Senior Management, with periodic discussions at both the executive regulation and policy committee and the FCA Board Develop a deep understanding of the benchmarks and credit ratings portfolios and how they function Contribute and support wider, cross-cutting strategic issues, such as Artificial Intelligence (AI) and Environmental Social & Governance (ESG) Which skills are required? We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme Click Here ) Minimum Prior experience of policy development, including engagement with a wide range of stakeholders and decision makers, and implementation of complex deliveries Prior experience of wholesale market regulation and the application of our rules in practice (must have prior experience working with the FCA Handbook and associated law) Strong communication skills Essential Detailed understanding of policy making and experience of navigating governance processes Ability to build strong network across the organisation and have confidence in working at all levels across the FCA to deliver and provide advice and challenge on a range of matters Credible, persuasive communicator, able to communicate views positively and effectively to all levels of staff and stakeholders inside and outside the organisation Sound judgement, including being prepared to make reasoned decisions in circumstances of limited or inconclusive information Strong team player who shares knowledge, provides training and inspires others to develop skills and capabilities Excellent delivery capability with ability to prioritise and manage multiple workstreams to tight deadlines 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 Executive Committee were the first in their family to attend university. 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 our 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% Life assurance 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 as: Technical Specialist – Regulatory Advert Closing Date: 9th March Case study and interviews: 19th-28th March 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 external applicants, please contact Aaron Ward at Aaron.wardfca.org.uk For internal applicants, please contact Lucy Matthews at Lucy.matthewsfca.org.uk Applications must be submitted through our online portal. Applications sent via email will not be accepted.