Cryptoasset and Payments Supervisor

Division - Payment and Digital Assets

Salary – National (Edinburgh and Leeds) ranging from £43,000 to £57,433.33 and London £47,300 to 63,033.33 (Salary offered will be based on skills and experience)

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.

The Market Interventions - Digital Assets (MIDA) department is responsible for supervising registered Cryptoasset firms and certain Payment firms’ under the Money Laundering Regulations (MLRs) and Electronic Money Regulations (EMRs). 

Our firms operate diverse business models, including cryptoasset exchanges, custodian wallet providers and crypto lending. They also undertake other regulated activities, often in the payments/e-money space but in other areas too such as trading and asset management. We take a robust and assertive approach to supervision, to ensure standards and to prioritise where we see the most harm, including rapidly intervening where firms are at risk of being used as conduits for illegal activity, or pose harm to consumers or market integrity.

The Department also works closely with colleagues in our Authorisations teams, including providing support to Change in Control applications, and setting supervisory strategies for newly registered firms. Alongside this, we work closely with Policy colleagues to support development of the new regulatory regime and the team’s remit will change and broaden as the FCA assumes new regulatory responsibilities in relation to cryptoassets. We are seeking candidates with sound judgement and strong analytical, stakeholder management and communication skills.

What will you be doing?

• The opportunity to work across different and often innovative business and operational models for firms operating in the cryptoasset and payments markets
• Collaborating effectively and proactively with colleagues across the FCA, other regulators and law enforcement agencies both in the UK and internationally
• Assessing regulated firms’ compliance against the relevant rules and requirements
• Influencing senior industry figures to change how they operate if they are not meeting the rules and requirements and in the most severe cases taking regulatory action to stop firms operating their businesses
  
  

What will you get from the role?

• Work at the front line in the protection of UK customers
• The time and access to deepen existing knowledge of cryptoassets, payments, retail conduct and financial crime
• The support of a diverse, highly skilled team keen to solve problems collectively
• Develop skills and capabilities within a regulated environment, able to assess and quantify risk and develop appropriate strategies to stop the risk happening.
• Play a key role in shaping and influencing strategy and policymaking in this sector
• Work within a dynamic and innovative team, contributing to wider divisional and FCA wide opportunities to move onward towards leadership roles
  
  

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

• Prior experience working with the Money Laundering Regulations and/or the Financial Services and Markets Act 2000 (FSMA) and/or the Electronic Money Regulations and/or Payment Services Regulations
• Prior experience of tackling financial crime and/or prior experience within financial services regulation, compliance, or legal
• Concise drafting experience with experience of drafting for a range of audiences
  
  

Essential

• Prior experience mitigating money laundering, financial crime and conduct risks in the cryptoasset and/or payments sector and/or working knowledge of FSMA
• Experience of analysing information, making risk-based judgements and presenting key issues and recommendations
• Proven experience of building and managing relationships with stakeholders (internal/external) at all levels, including senior management
• Experience of successful teamwork and working collaboratively with others
• Proven ability to balance and manage different priorities and move forward in a fast-paced environment
• Curiosity and motivation to continually learn about and investigate issues within the firms and industry we supervise
• Willingness to learn, develop and support yourself and others, taking on new responsibilities and adopting a flexible and pragmatic approach to your work
• Ability to present yourself and the FCA in a professional and credible manner, with strong oral and presentation skills
  
  

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.

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% 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 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 as Associate, Regulatory
• Advert Closing Date: 31st August 2025
• CV Review/Shortlist: 2nd September 2025
• First Round Case Study Assessment: W/C 8th September
• Competency Based Interview: w/c 15th September
  
  

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: [email protected]

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