Lead Associate, Fund Supervision

Financial Conduct Authority
East London, London
15 Jun 2017
15 Jul 2017
Contract Type
Full Time

Lead Associate, Fund Supervision, Investment Management Department, Supervision Investment, Wholesale & Specialists Division

The salary range will be approximately 60,000 to 70,000 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 Investment Management Department is responsible for the supervision of Wealth and Asset Management firms, ranging from small, independent investment managers up to sophisticated financial services groups with a large impact on the retail market. Firms in our department include retail and institutional fund managers, alternative investments managers, private equity firms, operators of collective investment schemes, administrators and large custody banks, wealth mangers, private banks as well as stockbrokers and contracts for difference platforms (CFDs). The department also authorises and supervises collective investment schemes (funds).

Within the Investment Management Department, the Funds Supervision Team has responsibility for the supervision of UK authorised investment funds. An opportunity has arisen for a Lead Associate to join the team.

What does this job involve?

The key responsibilities of the post holder will be:

  • The day to day oversight of the Fund Supervision team including the continued development and implementation alongside the team manager - of the supervisory approach designed to understand and mitigate the risks of investor or consumer detriment and potential for wider financial instability posed by investment funds;
  • The monitoring against service standards and continuous quality improvement of the funds supervision process; and
  • Oversight of fund supervision related project work.

This individual will also act as the deputy to the manager of this large team, including having management oversight for a number of staff.

What will I get from the role?

Working in the Fund Supervision Team, you will benefit from:

  • An opportunity to shape and develop the approach to supervision of investment funds;
  • An opportunity to interact with FCA senior management and gain external profile;
  • An opportunity to gain experience of managing, coaching and mentoring staff

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.

  • Strong technical knowledge of investment funds sector gained through experience
  • Good knowledge of Excel gained through experience
  • Working knowledge of Bloomberg and Morningstar
  • Leadership experience demonstrated through formal line management, project management or other relevant experience.


  • Possess excellent internal and external stakeholder management skills;
  • Demonstrate credibility and the capability to influence management in the FSA and in firms;
  • An analytical mind-set and a risk-based approach to decision making.
  • Being a self-starter with the ability to act on their own initiative and deliver excellent outcomes with minimal supervision.
  • Strong communication skills - both orally and in writing;


  • Experience in asset management industry sector
  • Demonstrable project management capabilities

Additional Information

This position is in the REG C1 job family.

Applications close at midnight on 25th June 2017.

Selection process

Stage 1: On-line application, please submit your CV along with the answers to the following application questions:

Why do you believe 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)

What do you think are the key challenges facing the UK and European investment fund sectors at the current time? (Max 300 words)

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

Stage 3: Case study and technical/competency based interview

Stage 4: Final stage interview as required

Please contact Shazna Chowdhury if you have any questions about the role.

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