Lead Policy Advisor - Statutory Panels
Salary: National – ranging from £57,600 – £71,000 and London from £63,300 – £79,100 per annum
Do you want to join a high performing team working at the centre of the FCA gaining a unique overview of all the major policy priorities?
The team/department
We’re recruiting for a Lead Policy Adviser to support the Markets Practitioner Panel (MPP) and the Listing Authority Advisory Panel (LAAP). This role would suit a talented and ambitious individual who wants to develop and broaden their policy knowledge and skills, especially on wholesale markets, and who is comfortable engaging with senior stakeholders across the FCA.
The Panels Secretariat team is part of Corporate Governance Division, a busy and dynamic division working at the centre of the FCA, led by the Company Secretary. We provide policy advice and professional support to the FCA’s statutory panels and the PSR Panel. The MPP provides external input on our policies and practices, on a confidential basis at an early stage, from the point of view of financial market participants. Similarly, LAAP provides input on our work relating to primary markets. More information on the Panels and their current members is available at https://www.fca.org.uk/panels
The post-holder will work alongside other members of the team to provide policy advice and professional support to the MPP and LAAP, to enable them to contribute high-quality and timely input to the FCA’s policy development and implementation. You will proactively manage relationships with key stakeholders, including senior business leaders and senior executives within the FCA, and the relationship between the Panels and the FCA.
What you will be doing (the role)
Liaising with the Panel Chairs and key FCA stakeholders to ensure that meeting agendas are aligned with the Panels’ agreed strategic priorities and the FCA’s policy work programme
Identifying policy issues which could impact or influence the FCA’s objectives. Researching those issues and drawing them to the attention of the Panels in the most appropriate way
Analysing and evaluating policy issues and drafting feedback from the panels to the FCA, including the FCA Board and responses to consultations
Preparing high-quality briefing and advice for Panel Chairs and senior FCA executives
Supporting formal and informal panel meetings, including providing meeting notes and minutes as necessary
Identifying potential new members as necessary to ensure the panels are represent a broad range of relevant interests, perspectives and backgrounds
Managing the relationship with panel members, including leading the induction for new members and responding to ad hoc queries
Liaising with the secretariats of other Panels to coordinate with their work and providing ad hoc support for other Panels as required
What you will get from the role
Work at the centre of the FCA and gain a unique overview of all the major priorities for the regulator and wholesale markets
Advise and work with a wide range of stakeholders, including at CEO/Board level, across the FCA and industry
Develop your understanding of UK financial markets
Help ensure that the interests of market practitioners are understood within the FCA
Be part of a high-performing team, and to develop and enhance your skillset
Experience a challenging, interesting and extremely wide-ranging workload
Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle. You can use this allowance to purchase additional benefits such as dental or cycle to work or you have the option top up your base salary by taking this as cash.
Core benefits that you will receive as standard are:
25 days holiday per year plus bank holidays
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 support hybrid working which means you will be able to work from home up to 60% of the time over a month with the remainder of your time in one of our three office locations.
The skills and experience you will have
Minimum
We are a signatory to the Government’s Disability Confident scheme. This means that we will offer an interview to disabled candidates entering under the scheme, who best meet the minimum criteria for a role.
Proven experience in a regulatory and/or policy role in financial services
Demonstrable experience of strong stakeholder management skills including engaging at a senior level
Excellent planning and prioritisation skills gained in similar role
Essential
Strong drafting skills with the ability to produce clear and concise papers
Strong team spirit and ability to work well with others to achieve goals
The professional credibility and gravitas to be able to deal with a broad spectrum of stakeholders
Good attention to detail and commitment to performing to high standards
Ability to work proactively to deliver successful outcomes to agreed deadlines
Flexibility to respond calmly to changing needs and requirements
Strong organisational skills and experience in managing and supporting senior-level formal meetings
Knowledge of the impact of regulation on UK financial markets and a good understanding of the FCA’s role and objectives
About the FCA
The FCA regulates the conduct of nearly 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. We do this to make sure markets work well for individuals, businesses and the economy as a whole. For more information on what we do, our three-year strategy can be found here.
The FCA's Values & Diversity
Our ambition is to cultivate a culture of inclusion 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.
The FCA is committed to achieving greater diversity across all levels of the organisations. Given this, we particularly welcome applications from women, disabled and minority ethnic candidates for our role.
Flexible working
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 won’t judge you for asking.
Multi-location
As part of the FCA’s on-going commitment to develop our national presence, most of our vacancies are now open to working in our Edinburgh, Leeds, or London offices. This means that as part of the application process you will be able to select your preference of which office location you would like to work from.
Useful information
Applications for this role close at 23:59 on Monday 7th October 2024.
This role is graded as Lead Associate – Regulatory.
Whilst we are advertising this role in agnostic locations, candidates must be willing and able to travel to London for in person meetings as required (approx. once a month).
Got a question?
If you are interested in learning more about the role please contact:
For internal applicants, please contact Melanie Dubock at [email protected]
For external applicants, please contact Chhavi Bartaria at [email protected]
What to expect from our interview process
The interview process is likely to be one or two stages potentially incorporating a practical case study exercise. The interview will assess technical skills and core competencies.
Application support
We want to remove any possible barriers and are committed to providing a wide range of reasonable adjustments so that you can keep the focus on your conversations and be at your best.
If you have an accessibility requirement, disability, or condition that means you might require changes to the recruitment process, please contact your recruiter to discuss this further. Our aim is to make your application as easy and comfortable as possible, and your recruiter will be happy to work with you to make any necessary arrangements where possible.
The FCA regulates the conduct of 50,000 firms in the UK to ensure our financial markets are honest, fair and competitive. We do this to make sure markets work well for individuals, businesses, and the economy as a whole. For more information on what we do, our three-year strategy can be found here.
Working inclusively
We work best when we work together. We encourage our people to contribute fully and feel valued, to be innovative and creative by collaborating in an inclusive culture.
We're also committed to reflecting the diverse lived experiences of the communities we work in and the consumers we protect. We have a strategy to achieve a more diverse and inclusive workplace that is free from discrimination. This includes increasing the representation of women in our senior team to 50% and minority ethnic colleagues to 25% by 2025 – representative of the UK population.
We were recently voted 'Employer of the year' at the Women in Finance awards and our commitment to LGBT+ inclusion means we're recognised as a Stonewall Top 100 employer.
Flexible Working
We believe that giving our people greater flexibility fosters an inclusive culture and a healthy work-life balance.
We currently operate a hybrid working model, working up to 40% in the office each month (50% for senior leaders). This way of working applies in our Stratford, Leeds and Edinburgh offices.
We also offer career and family leave provisions, generous annual leave so you can take time off when you need or want to, and a range of other benefits.
Programme for parents returning to work after Parental Leave? |
We don’t have a formal programme, but we have hired several Returners through the assisted hiring route (working with Women Returners) |
Leadership development programmes? |
Yes – we are launching a female progression programme |
Mentoring programmess? |
Yes |
Coaching programmes? |
No |
Employee-led diversity networks? |
Yes |
Internal women’s networking groups? |
No |
Open to discussing flexible work arrangements at interview stage? |
Yes |
No. of weeks paid maternity leave at full salary: |
52 |
Minimum weeks tenure required to be eligible for paid maternity leave: |
|
No. of weeks paid paternity leave at full salary: |
|
Minimum tenure required to be eligible for paid paternity leave: |
Gender pay gap reporting information (2023) (UK): |
|
Average pay gap: |
13.1% |
Median pay gap: |
14.3% |
Average bonus gap: |
15.2% |
Median bonus gap: |
19% |
Signatory of the UK Women in Finance Charter? |
Yes |
Targets to raise the number of women in leadership? |
Yes – 50% female target across all pipeline roles |
Targets to raise the number of BAME individuals in leadership? |
Yes |
Listed in the Bloomberg Diversity & Inclusion Index? |
No |