Wholesale Bank Lead Supervisor – 12 Month Fixed Term Contract

Job Title: Wholesale Bank Lead Supervisor – 12 Month Fixed Term Contract

Division: Wholesale Sell Side

Department: Wholesale Banks

• Salary: National (Edinburgh and Leeds) ranging from £59,100 to £68,200 and London from £64,900 to £74,000 (salary offered will be based on skills and experience)
• This role is graded as: Lead Associate
• Recruitment contact: Riley Fox via Riley.fox@fca.org.uk. Applications must be submitted through our online portal.

About the FCA and the 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 UK finance services. The SPC oversees firms and individuals (supervision), creates and reviews rules (policy) and identifies and remedies ineffective competition in markets (competition). Sitting in the Sell Side directorate, the MI Wholesale Banks department focuses on the regulation of markets and the regulation of the individual firms that make up those markets, and is critical to ensure the effective operation of the UK’s financial markets and to achieve the FCA’s objectives.

Role Responsibilities

• Explore firms’ evolving business models and strategies, identifying how market changes influence wholesale conduct risks and shaping our supervisory response.
• Guide firm supervision with confidence, developing strategic plans and swiftly addressing emerging and crystallised issues to protect market integrity.
• Build trusted relationships with seniors, both within firms and across the FCA, to drive effective collaboration and regulatory outcomes.
• Communicate insights and decisions clearly, briefing senior stakeholders through compelling written and verbal updates that inform high-level strategy.
• Strengthen internal engagement, connecting with other teams to ensure joined‑up supervision and a consistent regulatory approach.
• Champion transformation and efficiency, spotting opportunities to embed smarter ways of working and support the FCA’s wider change agenda.

Minimum Skills Required

• Prior experience working in either a wholesale financial service environment, legal, consultancy or other regulatory organisation.
• Prior experience in a role analysing complex business models, products and wholesale conduct risks.
• Excellent written communication skills, and evidence of using evaluation to make conclusions and recommend proportionate courses of action.

Essential Skills

• Evidence of analysing large amounts of complex information, identifying key themes, drawing conclusions and developing and implementing a strategy and plan of action.
• Experience of analysing complex business models and products and/or wholesale conduct risks or evidence through another role you could quickly do this.
• Evidence of using evaluation to make conclusions and recommend proportionate courses of action.
• Working effectively as part of a team by working inclusively, contributing to an environment where all opinions are listened to and respected.
• Ability to prioritise and work quickly on key tasks.
• Strong interpersonal and stakeholder management skills: able to build and maintain relationships with senior management at wholesale banks, other regulators and staff at all levels within the FCA.

Benefits

• 25 days annual leave plus bank holidays.
• Hybrid model with up to 60% remote work.
• 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.

Useful Information and Timeline

• This is a 12 Month Fixed Term Contract.
• CV Review/Shortlist: 17th November.
• Case Study Assessment: 24th November.
• Competency Based Interview: w/c 1st December.
• Job advert close: w/c 16th November.
• Your recruiter will discuss the process in detail with you during screening for the role; please inform them if you will be unavailable for any date during this time.

Seniority Level

• Mid-Senior level

Employment Type

• Full-time

Job Function

• Finance and Sales