Senior Wholesale Brokers Supervisor
Job title: Senior Wholesale Brokers Supervisor
Division: Supervision, Policy and Competition
Department: Sell-Side
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Salary: National (Edinburgh and Leeds) ranging from £53,800 to £62,700 and London £59,200 to £69,000 per annum (Salary offered will be based on skills and experience)
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This role is graded as: Senior Associate, Regulatory
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Your external recruitment contact is Shafika via Shafika.shaikh@fca.org.uk
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Your internal recruitment contact is Iona.magee@fca.org.uk
Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.
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 UK finance services.
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). The Sell-Side Directorate oversees wholesale banks, intermediaries, market infrastructure and exchanges, ensuring fair, transparent and resilient wholesale markets that support the effective functioning of the UK’s financial system.
Role responsibilities
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Develop and deliver supervisory strategies across a portfolio of wholesale broker firms, aligning activities with regulatory priorities
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Develop and oversee supervisory workstreams from inception to completion, securing senior stakeholder agreement and driving successful execution
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Conduct thematic and multi-firm reviews to assess firms' governance, risk management frameworks, and operational resilience arrangements
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Directly supervise a portfolio of firms, taking ownership of complex supervisory cases, decisions, and regulatory interventions
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Assess and address issues relating to financial crime, market abuse, conduct risk, prudential resilience, and regulatory compliance
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Identify, investigate, and manage significant supervisory concerns, including serious misconduct allegations, business model risks, and potential firm failures.
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Build and maintain effective relationships with senior leaders at regulated firms to motivate, engage with, and support positive regulatory outcomes and also internal specialists across Policy, Market Monitoring, Prudential Supervision, Operational Risk, Financial Crime, Enforcement, and Legal teams
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Support the development of supervision strategies for colleagues' portfolios, contributing specialist knowledge and regulatory insight.
Skills required
Minimum
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Prior experience of wholesale financial markets and regulation
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Prior experience exercising judgement in complex situations
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Prior experience in a role which has required strong written communication skills
Essential
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Knowledge of wholesale brokers, their business models and conduct risks arising from them, as well as of...