Location
London, Leeds, and Edinburgh offices

Hours
Full Time

Salary
London: £59,200 to £73,800 per year (salary offered will be based on skills and experience)
Leeds and Edinburgh: £53,800 to £67,200 per year (salary offered will be based on skills and experience)

About the Role
Join the Financial Conduct Authority (FCA) as a Senior Benchmarks Supervision Associate within the Benchmarks and Credit Rating Agencies Supervision team, part of the Capital Markets Department in the Supervision, Policy & Competition (SPC) division. You will play a key role in supervising UK-regulated benchmark administrators and credit rating agencies (CRAs) to ensure they operate effectively and in line with regulatory requirements. Your work will help maintain market integrity and protect consumers by overseeing firms that produce critical financial benchmarks and credit assessments.

Key responsibilities include building trusted supervisory relationships with benchmark administrators, using constructive challenge and direct engagement to drive positive change. You will oversee strategic supervisory initiatives, engage with senior executives to improve governance and risk management, and develop specialist expertise across a diverse portfolio of benchmarks. You will identify and respond to emerging market risks with sound judgement, collaborate with FCA colleagues and international regulatory partners, and contribute to a culture of learning and supervisory effectiveness.

This role offers the opportunity to influence regulatory decisions, enhance market confidence, and develop your leadership skills within a dynamic regulatory environment.

Experience
- Prior experience working in a regulatory and/or financial services sector related to indices and benchmarks
- Experience with key risks related to indices and the wider financial ecosystem
- Demonstrated diagnostic skills gained in industry, legal, or financial services contexts

About you
- Strong understanding of benchmark administrators’ business models, core processes, and associated risks
- Proven ability to lead and deliver projects effectively within agreed timelines while managing multiple priorities
- Excellent verbal and written communication skills, capable of presenting clear, concise, and well-reasoned arguments to diverse stakeholders
- Ability to make informed and timely decisions, act on own initiative, navigate complexity, and escalate issues appropriately
- Well-developed organisational skills with the ability to balance competing priorities and adapt to changing demands
- Flexible and responsive approach, adjusting working styles to meet evolving business needs
- Collaborative team player, supporting colleagues and contributing to shared objectives

Qualifications
No specific qualifications are stated; however, relevant professional experience and expertise in benchmarks supervision are essential.