At the FCA, we’re creating a fair and more resilient financial system. We’re establishing more transparent relationships between financial services and their customers, building trust in financial markets and protecting vulnerable customers. Our ambition is to create a diverse and inclusive workplace that reflects the society we serve, helping us to be a better regulator. We’re looking for individuals from all backgrounds who subscribe to our values.
If our Supervision Graduate Programme sounds right for you, we’d be delighted to hear from you.
About the Programme
Programme Length: Two and a half years
Programme Type: Rotational
Bring your passion for problem solving and strategic thinking into the constantly evolving world of financial regulation.
Our Supervision Division offers an overview of every single business providing financial products and services in the UK. This team is vital to protect customers and the integrity of the market by ensuring firms work ethically and to the highest standards. This is a great opportunity to influence the conduct of financial services firms.
There are two routes within our Supervision Graduate Programme; Generalist and Specialist.
Within our generalist programme, there are two main subdivisions; Retail Supervision and Wholesale Supervision – and as a Supervision graduate you would complete rotations in both areas. You could be working with trade bodies and advisers to predict future risk, reviewing and assessing individuals looking to work in our sector, or providing specialist support in areas such as Financial Crime or Client Assets.
Within our specialist programme, you could see yourself working in either our Prudential Specialist Department (PSD) or Client Assets and Resolution Department (CARD).
You could be working in PSD, where you’ll be part of the team which assesses the firms with the greatest potential for harm amongst the 48,000 firms we regulate for financial resources. We work across the sectors, so you’ll get good exposure to a range of firms and issues. In CARD, you’ll be in a team leading on assessing firms’ controls protecting over £14 trillion of client’s assets held by FCA authorised firms, as well as FCA’s resolution of failing firms. This department was specifically created to provide market confidence in the UK regulatory regime and to protect client money and assets.
There’s a variety of teams and job roles within Supervision and either way, you’ll be working with senior stakeholders and have the chance to represent the FCA to external CEOs from a variety of different firms. It’s an unparalleled level of exposure – you’ll be making persuasive arguments and influencing the most senior minds in financial services.
Naturally numerate you will use your analytical skills to obtain, review, organise and draw appropriate conclusions, often from larger, complex datasets. High attention to detail is vital to produce reports and present arguments in a logical and methodical way. You will also develop your communication and leadership skills in group projects and through your varied rotations.
What we look for
Our staff have diverse backgrounds, and while no specific degree stands out as being essential, it would be beneficial to have a degree in a quantitative subject. You’ll learn a lot on the job, so we don’t expect you to have a detailed regulatory knowledge, however, you should have an interest in governance. You’ll also need to be strategically minded, great at building strong relationships at all levels and be able to influence and persuade.
Learning & Development
As a graduate in Supervision you’ll complete the training pathway through our training Academy, which will equip you with all the skills you need. You could also complete your CFA and become a Financial Services Professional level 6.
What we offer
At the FCA you’ll have the opportunity to make a difference. We offer all our graduates a competitive range of benefits, including:
- Base salary of £34,000
- Career and family leave
- Performance based bonus
- Flexible working options
- Non-contributory pension charity and volunteering initiatives
- Minimum of 25 days’ holiday
- Sports and social clubs
- Private health care
- Subsidised on-site fitness centre
- Free eye tests
- Subsidised restaurant
- Interest-free season ticket loans.
We’re proud to be a Stonewall Top 100 employer and we were recently awarded “Employer of the Year” at the Women in Finance awards. We’re also signatories of the #NoBystanders pledge, and at recruitment stage are partnered with the service ‘EmployAbility’, who work to assist students and graduates with all disabilities into employment.
We value the views of our people and listening to them is central to our success. This is why our staff network groups play such a significant role. They shape the environment we work in, the way we interact with one another and the way that we make our decisions. We want our people to be engaged and productive while at work, so we’re committed to creating an environment that enables you to do your best work while maintaining your other commitments. To support this, we offer flexible working arrangements, the opportunity to work from home, a number of career and family leave provisions, and generous annual leave so you can take time off when you need or want to.
PLEASE NOTE: We only accept ONE application per person therefore, please apply to your first choice programme. Any additional applications will not be progressed within the process.