Associate, Market Analysis and Risk

31000.00 - 38000.00 GBP Annual + plus benefits
07 Aug 2017
15 Aug 2017
Contract Type
Associate, Market Analysis and Risk - Markets Policy, Strategy & Competition

The salary range will be approximately 31,000 to 38,000 GBP plus a competitive benefits package and non-contributory pension.


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 Policy department is at the heart of our work to develop and implement all conduct policy at the FCA in order to change how UK financial service works for consumers. This includes developing smart and early policy interventions to address emerging risks we see in the market, influencing global, EU and UK government policy, and providing expert advice on our rules.

The Markets Policy Department fulfils the FCA's need to develop domestic rules in the FCA Handbook, to engage directly with international bodies and to successfully influence the agenda setting and policy making process for wholesale market regulation so that we deliver our statutory objective of ensuring that markets work well.

We are now recruiting for a talented Associate working in our Market Analysis and Risk team within Markets Policy.

The Market Analysis and Risk team works flexibly and proactively on a wide range of wholesale markets issues, providing resources and analytical skills to inform and support our work across the full range of market policy issues, from primary markets through to derivatives. The team focuses on three main objectives:

- First, we do forward and data-driven thinking on emerging risks and new developments in or impacting on wholesale capital markets (e.g. liquidity in bond and other markets; high-frequency trading; developments in the derivatives market; and implications of a low interest rate environment).
- Second, we use our analytical resources in collaboration with colleagues in other teams to evaluate the impact of public policy pre-or post-implementation of such policy.
- Third, we work on developing domestic policy and participate actively in international standard setting work.

What does this job involve?

Working alongside senior colleagues leading specific projects and as part of a highly qualified team of industry experts and financial market data analysts, you will have access to a variety of regulatory and proprietary financial data sets to evaluate the impact of policy on the functioning of the wholesale markets and draw insights on specific issues and developments. We are looking for people with knowledge of or clear interest in wholesale capital markets who wish to use their analytical, including quantitative, skills to deepen our understanding of these markets and better inform our policymaking. This will include analysis of financial data, helping to produce assessments of specific market segments for internal and external publication, and providing support on policy issues for consideration by senior FCA management and committees.

What will I get from the role?

Working in the Market Analysis and Risk team, you will benefit from an excellent opportunity to learn about the financial markets and regulation, to gain exposure to a wide range of internal and external stakeholders, develop your analytical and policy making skills, and gain experience of working in a high-profile environment.

As an Academy business we place great value on your learning and we offer world-class development opportunities which will assist you in achieving your career aspirations. Our Academy offers you a range of opportunities for personal and professional development, including our MSC in financial regulation, Advanced Managers programme, sponsored study and more.

Which minimum, essential & desirable skills are required?Minimum

We're a signatory to the Government's Disability Confident scheme. This means that we guarantee an interview to any disabled candidates entering under the scheme, should they meet the minimum criteria for a role.

- Demonstrable experience of working with wholesale markets
- Experience of quantitative financial market data analysis,
- Experience of working with and drawing conclusions from financial data sets
- Excellent written language skills


- Ability to work on own initiative, combined with excellent team-working and a highly collaborative and flexible approach
- Excellent prioritisation and organisational skills - including the ability to work on a diverse set of projects and work streams as part of a team.
- Ability to analyse large amounts of information/data, identify and present key themes, issues & solutions in a timely manner.
- Excellent problem solving skills: the ability to think clearly and rigorously, to draw reasoned and logical inferences from quantitative and qualitative information, to test those inferences and use judgement to reach robust and practical conclusions.


- Knowledge of a relevant programming language such as R, Python or SAS.
- A good awareness of key industry and regulatory developments in the UK derivatives and wholesale markets sector.

Additional Information

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.

The job family for this role is POL B

Applications for this role close at midnight Wednesday 20th August 2017.

Selection process

Stage 1: On-line application, please submit your CV and answer to the following application question:

Why do you believe that you are suitable for this role? Please ensure that you specifically relate your answer to the criteria listed in the job advert, covering your relevant skills, technical knowledge and competencies. (Max 300 words)

Stage 2: Screening - your application will then be forwarded to the recruiting managers

Stage 3: Selection & assessment process (could be subject to change)

This role will be based in London, Canary Wharf, with a planned move in 2018 to a new site in The International Quarter, Stratford.