Senior Associate, Wholesale Cryptoassets Policy

Job Title: Senior Wholesale Cryptoasset Policy Advisor

Division: Supervision, Policy and Competition (SPC)

Department: Capital Markets

• Salary: National (Edinburgh and Leeds) ranging from £53,800 to £65,000 and London from £59,200 to £73,000 (salary offered will be based on skills and experience)

• This role is graded as: Senior Associate - Regulatory

• Your recruitment contact is Riley via [email protected]. 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 Capital Markets Department focuses on supervision and policy relating to key aspects of wholesale financial markets, including primary markets, credit ratings and benchmark providers, trading conduct and transparency, and wholesale cryptoasset markets.

Role responsibilities

• Oversee and support policy work on Admissions and Disclosures as part of the FCA’s new cryptoasset regime

• Use market intelligence, stakeholder feedback and internal expertise to understand how the new regime is working in practice and identify where clarification or further development may be needed

• Support the team’s work on tokenisation and wholesale digital asset activities, including assessing how existing wholesale markets regulatory principles apply to new technologies, business models and market practices

• Contribute to policy work linked to the FCA and wider UK initiatives on tokenisation, including the Digital Securities Sandbox, fund tokenisation work, tokenisation in wholesale markets, and relevant international initiatives

• Help translate policy intent into clear regulatory expectations, supporting colleagues across the FCA as the new cryptoasset regime moves towards implementation

• Draft and present policy papers, briefings, governance materials and external-facing documents for senior FCA colleagues and decision-making forums

• Work collaboratively with colleagues across the FCA, including Payments and Digital Assets, Legal, Enforcement, Market Oversight, Authorisations, Supervision, Economics, International and other policy teams

• Build and manage effective relationships with internal and external stakeholders, including HM Treasury, Bank of England, other regulators, industry participants, trade associations and international counterparts

• Contribute flexibly to wider team priorities, including work relating to cryptoasset trading platforms, intermediaries, market abuse and tokenised wholesale markets

Skills required 

Minimum:

• Solid drafting skills, including the ability to:

• Distil complex issues into succinct messages;

• Structure and draft reports clearly and to a high standard;

• Write presentations for a variety of internal and external stakeholders

• Prior experience and knowledge of working in a regulatory/public policy role related to financial markets

• Practical experience, understanding and application of financial services regulation to financial market activities

Essential:

• A collaborative approach and ability to think creatively about new and emerging regulatory issues.

• Experience of stakeholder management and persuading effectively.

• Good self-management and project management skills to plan and keep work on track to meet deadlines, while also having the flexibility to change priorities when required.

• A basic understanding of wholesale financial markets business models and/or wholesale cryptoassets markets would also be helpful.

• Experience with Distributed Ledger Technologies. 

• Solid communication and presentation skills.

• Experience in applying analytical skills to break down complex problems and judgement (whether gained in industry, research, economics, or policy work) to develop and assess potential solutions.

Benefits

• 25 days annual leave plus bank holidays

• Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors)

• 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

For a full list of our benefits, and our recruitment process as a whole visit our benefits page.

Our values & culture

Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that’s free from discrimination and bias, celebrates difference, and supports colleagues to deliver at their best. 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.

If you require any adjustments due to a disability or condition, your recruiter is here to help - reach out for tailored support.

We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.

Disability Confident: our hiring approach

We’re proud to be a Disability Confident Employer, and therefore, people or individuals with disabilities and long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. In cases of high application volumes, we may progress applicants whose experience most closely matches the role’s key requirements.

Useful information and timeline

• Advert Closing: 2nd August

• CV Review/Shortlist: 4th August

• Case study/Interviews: w/c 10th August

• 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.