Senior Wholesale Banks Supervisor

Division - Wholesale Sell Side

Department - Wholesale Banks

Salary - National ranging from £51,200 to £70,000 and London ranging from £56,400 to £75,000

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.

Wholesale Banks - Wholesale banks play a vital role in the global financial system, and addressing conduct risks within this sector is key to reducing harm and enhancing innovation. 

Globally, wholesale banks provide access to financing for firms and governments and investment opportunities for retail and institutional investors. Their effectiveness relies on them being fair, appropriately transparent and efficient.

Wholesale Banking Supervision focuses on the regulation of markets and the regulation of the individual firms that make up those markets. In a constantly evolving external environment, supervision of wholesale banks is critical to ensure the effective operation of the UK’s financial markets and to achieve the FCA’s objectives. 

What you will be doing

• Understanding firms’ business strategies and activities, how they adapt in response to the external environment and what implications these changes have for wholesale conduct risks
• Working collaboratively within a focussed supervisory team including playing an active role in relevant workstreams
• Contribute to developing and implementing strategies to supervise firms
• Building and developing effective relationships with firms’ senior management, internal stakeholders, and other regulators
• Providing timely briefings to FCA senior management both verbally and in writing
• Collaborating inclusively, contributing to an environment where everyone is listened to and respected and engaging with the FCA Diversity and Inclusion agenda

What you will get from the role

• The role provides exciting opportunities to work on a range of issues of key importance to financial services
• To develop and implement strategies to oversee firms and to help the FCA deliver its goals including market integrity and consumer protection
• You will be given unparalleled opportunities to engage with senior management at wholesale banks, to work with a range of specialists at the FCA and build relationships with other national and international regulators
• This role provides excellent development and learning opportunities to develop a rewarding career at the FCA and to contribute to public service

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

• Experience working in either a wholesale financial service environment such as firms, legal and consultancy or other regulatory and governmental organisations
• Experience working in an analytical role
• Good written communication skills

Essential

• A curious and inquisitive mindset, ability to see the big picture and to deliver in the public interest
• Evidence of analysing large amounts of complex information, identifying key themes, drawing logical 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
• Able to work 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 adapt to meet changing circumstances and work quickly and effectively on key tasks
• Strong interpersonal and stakeholder management skills: able to build and maintain impactful relationships with senior management at wholesale banks, other regulators, and staff at all levels within the FCA
• Ability to work independently, use sound judgement and escalate issues appropriately

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 minority ethnic, disabled, and neurodivergent candidates for this role.

Benefits of working at the FCA

• 25 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 Senior Associate – Regulatory
• Advert Closing Date: 28th March 2025
• CV Review/Shortlist: 31st March 2025
• Case study and Competency Based Interview: W/C 7th April 2025

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 applicants, please contact Linda Bradley at [email protected] 
• For external candidates please contact Aaron Ward at [email protected] 

Applications must be submitted through our online portal. Applications sent via email will not be accepted.