Custody Banks & Asset Management Supervision Associate

6w1 month ago

Financial Conduct Authority

London, GB · Full-time · £43,100 – £55,116

About this role

The Financial Conduct Authority regulates UK financial services firms to keep markets fair and effective. Join Supervision, Policy and Competition to protect consumers and shape finance. Market Interventions - Alternatives supervises alternative investments like private equity, real estate and infrastructure.

The team oversees over 100 bank-owned asset managers, standalone custody banks, depositaries and fund providers, including largest by AUM and G-SIBs. Develop assertive supervision strategies to mitigate risks, react to market events and prevent harm. Work is challenging, rewarding and impactful on competition and growth.

Analyse firms’ business models to identify risks of market and consumer harm. Support design and delivery of supervision using supervisory tools. Engage stakeholders to communicate expectations and encourage better conduct.

Contribute to thematic reviews and sector projects on priority risks. Collaborate with policy, enforcement and international regulators. Gain deep sector knowledge in evolving wholesale markets while shaping modernisation and resilience outcomes.

Requirements

Demonstrable experience of reviewing, investigating, and assessing information from various sources to make sound judgements
Experience analysing financial firms' business models for risk identification
Knowledge of custody banks, asset management and fund services operations
Familiarity with alternative investments including private equity, real estate and infrastructure
Understanding of supervisory tools and strategies in financial regulation
Ability to assess market and consumer harm risks in wholesale markets
Experience engaging stakeholders in regulatory contexts

Responsibilities

Analyse firms’ business models and strategies to identify key risks of market and consumer harm
Support the design and delivery of supervision strategies using a broad suite of supervisory tools
Engage with diverse stakeholders to communicate expectations and gather market insights
Contribute to thematic reviews and sector-wide projects addressing emerging risks
Collaborate with internal groups across policy, authorisations and enforcement functions
Build relationships with domestic and international regulators for cross-market coordination
Develop deep sector knowledge through high-profile supervisory work
Shape outcomes related to market modernisation, operational resilience and change management