L&F B Associate

Specialist Intelligence Techniques Team – Intelligence Department – 9 month FTC

There are few jobs where you can make a real difference to the 2 million people who work in the UK Financial Services industry, the 40 million consumers of financial products and the stability of our economy as a whole.

Our people are integral to our success as an organisation, working alongside industry, visiting firms and speaking to consumers every day as we strive to ensure the FCA is setting the standard for other regulatory bodies across the world.

From regulating Consumer Credit to driving action on Foreign Exchange manipulation or helping strengthen accountability in the banking sector, the FCA is working with the industry to protect consumers, ensure the integrity of the UK financial system and promote fair and effective competition. Our remit has expanded significantly since our creation in 2013, with the number of firms we regulate growing from 23,000 to over 56,000. We oversee conduct across the full span of the financial sector from global investment banks to high street payday lenders, and are now preparing to implement a new strategy that will sharpen our focus to face the regulatory challenges ahead.

The Intelligence department delivers insight and impact from intelligence to support FCA in its statutory objectives. Harnessing intelligence to combat economic crime and secure regulatory outcomes is at the core of the department’s function – the department contributes the intelligence picture to investigations into regulatory breaches, insider dealing and investment fraud; vets listing, authorisation and approved person applications and acts as the gateway into the FCA for whistleblowers to report misconduct and crime.

The department works across the FCA, providing specialist financial crime support to Authorisations, Supervision, Enforcement and Market Oversight. Intelligence also represents FCA interests externally to the wider crime and security community, including law enforcement and helps shape multi-agency campaigns against criminals in the regulated sector as well as wider economic crime policy. Intelligence also leads on sustaining international engagement with law enforcement agencies overseas.

We are now recruiting for a talented associate to work within the Specialist Intelligence Techniques Team providing proactive support within the FCA’s work linked to Market Abuse, Insider Dealing, Financial Crime and Money Laundering, through the provision of specialist capabilities, delivered either internally or in partnership with external bodies.

What does this job involve?

The Key Responsibilities Of The Post Holder Will Be

• Providing support and advice to internal customers on the use of specialist intelligence/investigative techniques and capabilities;
• Developing and maintaining relationships with key external partners providing specialist resources in support of FCA criminal investigation activity;
• Provide specialist intelligence development capability in relation to HumInt and the dissemination of such intelligence.
• Provide relevant legislative assurance to ensure activity is compliant with the requirements of CPIA, RIPA and other relevant legislation.

Skills/Experience Required

We’re a signatory to the Government’s Disability Confident scheme. This means that we will offer an interview to disabled candidates entering under the scheme, should they meet the minimum criteria for a role. A minimum criterion needs to be measurable from reviewing a candidate’s CV. Exceptions may apply if due to the volume of applications we are not able to interview all eligible candidates who qualify under the scheme.

Minimum

• Experience of working within the legislative parameters of RIPA/CPIA;
• Experience of working within the criminal investigations/intelligence arena within the UK Criminal Justice System
• You should hold, or be willing to obtain security vetting to Developed Vetting level.

Essential

• Ability to dealing with HumInt, their information and associated issues.
• Experience of operating in a specialist intelligence environment
• Strong communications skill – orally and in writing
• Strong relationship management skills to build and maintain effective working relationships with colleagues within the team, other business units and with external partners
• The ability to make logical and timely decisions, cutting through complexity and seeing the big picture
• Able to work actively with others to achieve outcomes in both formal and informal teams.

Desirable

• Broad knowledge of and experience in a legislative compliance / assurance role.
• Robust, self-motivated and a good team player.
• Ability to work well under pressure and to deadlines

What will I get from the role?

You will have a rare opportunity to understand and shape the workings of the financial sector at a time of considerable change. You will enjoy a unique aerial view of the financial services industry, with the opportunity to do meaningful work that makes a real difference.

You will have the opportunity to work with and influence a wide range of industry professionals, both internally and externally to the FCA.

As an “Academy” business we place great value on learning and at the FCA we offer world-class development opportunities which will assist you in achieving your career aspirations.

About The FCA

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 consumers.

The Financial Conduct Authority (FCA) has recently set out a new employment offer designed to reward strong, consistent performance, aid career development and close pay gaps.

This follows an extensive, wide-ranging and comprehensive consultation with all FCA colleagues and the FCA’s Staff Consultative Committee. The changes, including updates to the proposals consulted upon, will mean that the FCA continues to provide one of the best reward packages of any regulator or enforcement agency in the UK.

If you have any questions please speak to your recruiter or visit the FCA website (or intranet for internal colleagues).

The FCA’s Values & Diversity

Our ambition is to create a diverse and inclusive workplace that reflects the society we serve, helping us to be a better regulator.

As an inclusive employer, we are open to considering flexible working arrangements. Please contact our recruiter if you wish to apply for this role on a flexible basis.

Useful Information

• This role is graded as Regulatory Associate 1
• The salary range will be approximately £30,000 to £45,000 plus a competitive benefits package and non-contributory pension
• Applications for this role close on 22/03/2022

If you are interested learning more about the role, please contact Rhiannon Bodman on [email protected]

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