Senior Associate - Payments Supervision Department
Division – Payments & Digital Assets Division
Salary - National (Edinburgh and Leeds) ranging from £52,400 to £61,800 and London £57,000 to 68,000 per annum (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.
We’re recruiting for talented individuals to join the Payments Supervision Department. In this department, we assess regulated firms and ensure they are not conducting activity that can cause harm to consumers. We’re looking for people who are curious and looking for a challenging and rewarding jobs protecting UK consumers. The role of the payments services sector is rapidly becoming increasingly significant to the operation of the UK financial services system and beyond.
This role presents an exciting opportunity for personal development and progression in this innovative, fast-expanding and technology-based sector.
What will you be doing?
- You will get to understand how regulated firms make their money, assessing the risks this presents to their customers and the markets in which they operate and determining how the firms manage these risks to stop customers being harmed, for example through the loss of their money
- 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
- Collaborating effectively and proactively with colleagues across the FCA, other regulators and law enforcement agencies both in the UK and internationally
What will you get from the role?
- Work at the front line in the protection of UK customers
- Develop skills and capabilities within a regulated environment, able to assess and quantify risk and develop appropriate strategies to stop the risk happening
- Learn and develop a deep understanding of relevant legislation and how it applies to regulated firms
- Work with law enforcement and intelligence led partners to disrupt financial crime in the payments sector
- Play a key role in shaping and influencing strategy and policymaking in this sector as the role of Payments and E-money firms becomes increasingly significant to the financial system
- 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
- Experience of analysing complex information and making sound risk-based judgements
- Strong written and verbal communication skills, with experience of managing relationships with stakeholders at all levels, including senior management
- Experience in managing a varied and high-volume workload, consistently meeting tight deadlines while maintaining high standards of accuracy and quality
Essential
- Strong interpersonal and communication skills including ability to write briefings and letters
- Experience of investigations or other problem-solving case work
- Curiosity, drive and motivation to continually learn about and investigate issues within the firms and industry we supervise
- Willingness to learn and develop yourself and others, taking on new responsibilities and adopting a flexible and pragmatic approach to your work
- Experience of successful teamwork. You will work with others to deliver outcomes and achieve tasks, and you will proactively offer your support to colleagues
- Ability to prioritise workload and meet deadlines in a dynamic, fast-moving environment
- Proven ability to operate effectively in fast-paced, high-pressure environments, managing competing priorities while maintaining attention to detail
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 Senior Associate, Regulatory
- Advert Closing Date: 20th August 2025
- CV Review/Shortlist: 22nd August 2025
- First Round Case Study Assessment and Interview: W/C 25th 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.
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.
