Economist – Fixed Term Contract until 6th April 2027
Division: Economics
Department: Economics, Policy Analysis, Regulatory Reform and Evaluation
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.
Economics is at the heart of the FCA’s work. Economic insight underpins our regulatory decisions and shapes how we respond to some of the most complex challenges across financial services.
We are seeking a Lead Associate to join our Economics Division on a fixed term basis. The team plays a key role in supporting policy development through in-depth economic advice, thorough assessment and constructive challenge across both wholesale and retail markets. Our work spans market failure assessment and cost–benefit evaluation, alongside overseeing and commissioning high-quality research to improve policy.
This is an exciting opportunity for a highly skilled individual to contribute to the FCA’s work on critical issues in financial markets and to help shape fair, effective and competitive markets.
Role responsibilities
Using your economic knowledge and experience, you will play a central role in delivering high-quality policy advice and analysis across a range of live policy issues.
You will deliver the economic input into policy development, working across a varied portfolio of projects. This will involve producing careful analysis to tight deadlines where needed, as well as undertaking more in-depth, longer-term research to support complex policy questions.
As a Lead Economist, you will manage multiple workstreams, including the design and management of projects. A key part of this will be leading cost–benefit analysis for proposed policy interventions, ensuring outputs are robust and credible.
Alongside your delivery responsibilities, you will support and develop more junior colleagues through line management and day-to-day work oversight. You will help set direction, provide guidance and promote a culture of balanced work and continuous professional development.
You will also work closely with the team manager to plan, prioritise and allocate work effectively across the team and act as an escalation point for complex or high-profile issues.
Skills required
Minimum:
Essential:
Benefits
For a full list of our benefits and our recruitment process as a whole visit our benefits page.
Our values and 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 timelines
Timeline:
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.
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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)
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Leadership development programmes? |
Yes – we are launching a female progression programme |
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Mentoring programmess? |
Yes |
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Coaching programmes? |
No |
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Employee-led diversity networks? |
Yes |
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Internal women’s networking groups? |
No |
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Open to discussing flexible work arrangements at interview stage? |
Yes |
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No. of weeks paid maternity leave at full salary: |
52
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Minimum weeks tenure required to be eligible for paid maternity leave: |
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No. of weeks paid paternity leave at full salary: |
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Minimum tenure required to be eligible for paid paternity leave: |
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Gender pay gap reporting information (2024) |
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Average pay gap: |
12.2 % |
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Median pay gap: |
11.5 % |
| For more information visit - FCA pay gap data 2024 | FCA | |
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Signatory of the UK Women in Finance Charter? |
Yes |
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Targets to raise the number of women in leadership? |
Yes – 50% female target across all pipeline roles |
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Targets to raise the number of BAME individuals in leadership? |
Yes |
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Listed in the Bloomberg Diversity & Inclusion Index? |
No |