Financial Promotions (Crypto) Technical Specialist - #1695421

Technical Specialist (Crypto) - Financial Promotions and Enforcement Taskforce (FPET)

Division – Financial Promotions & Enforcement

Salary - National (Edinburgh and Leeds) ranging from £72,100 to £90,000 and London £79,300 to £99,000 per annum (Salary offered will be based on skills and experience)

About The FCA

The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. Follow this link to find out more About the FCA.

This role is within the Financial Promotions & Enforcement Taskforce (FPET), which is a department that straddles the FCA’s regulatory perimeter. The department has a wide remit covering both authorised and unauthorised activities in all sectors.

FPET’s overarching role is to reduce harm arising from unauthorised activity, scams, fraud and breaches of the Financial Promotions Order by unauthorised entities. Prevent scams and high-risk, non-standard investments where authorised firms are involved in the production and distribution of products. While monitoring unregulated activity conducted by authorised firms that has the potential to cause significant customer harm and financial loss.

What will you be doing?

• Working collaboratively with management and teams across FPET to advise on industry and policy developments, as well as cases related to crypto asset financial promotions across authorised and unauthorised firms. This may include individual firm cases, multi-firm projects, ad-hoc queries, and industry initiatives
• Provide leadership to the Perimeter Team’s crypto asset project team on cases related to unauthorised firms
• Lead Financial Promotions & Enforcement Taskforce engagement with other department on matters related to crypto asset financial promotions and the regulatory perimeter, particularly crypto asset supervision, authorisations and policy
• Provide technical expertise and input into the development of the future crypto asset regulatory regime, particularly around the regulatory perimeter
• Providing deep subject matter expertise on topics and issues relating to crypto assets, financial promotions and the regulatory perimeter 
• Create and build relationships with a diverse range of external stakeholders in this field including representing the department in cross-FCA or industry forums 
  
  

What will you get from the role?

• Opportunity to lead on high profile cases across authorised and unauthorised firms
• Develop a deep understanding of UK and international crypto assets business models and how they function
• Opportunity to shape the FCA’s supervisory approach to crypto asset, particularly in relation to unauthorised crypto asset firms breaching our perimeter
• Gain exposure to FCA Senior Management across multiple areas (policy, supervision, authorisation) with discussions at relevant FCA governance forums
  
  

Which skills are required?

We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme Click Here)

Minimum

• Prior experience of blockchain, crypto asset business models and the risks in those models
• Prior experience of delivering complex analytical work, drawing on insights and intelligence from data to understand risks and reach robust judgements
• Prior experience of supporting, training and coaching others
  
  

Essential

• Strong understanding of the crypto asset financial promotions regime
• Knowledge of investments (particularly non-standard investments), wholesale and retail markets and financial promotions
• Strong knowledge of the regulatory perimeter and tools for tackling firms breaching the perimeter
• Teamwork, collaboration and stakeholder management - ability to build strong working relationships with others as part of a team to achieve desired outcomes
• Judgement - Ability to think clearly, analytically and rigorously about how best to assess and validate risks of harm and reach robust risk-based judgements, including under pressure
• Organisational ability - Ability to work under pressure, manage a variety of competing work streams and issues and prioritise accordingly
• Good understanding of conduct risk, consumer behaviour and the drivers of potential harm and poor consumer outcomes
• Excellent communication skills both written and oral, ability to communicate key messages and explain complex issues in a clear and concise manner to stakeholders at all levels
  
  

Our Values & Diversity

We are proud to be an inclusive employer and our ambition is to cultivate a culture for all employees that respects their individual strengths, views, and experiences. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation, and delivers better regulation.

Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.

Did you know? 50% of our Executive Committee were the first in their family to attend university.

The FCA is committed to achieving greater diversity across all levels of the organisation. Given this, we particularly welcome applications from women, minority ethnic, disabled, and neurodivergent candidates for our Technical Specialist (Crypto) - Financial Promotions and Enforcement Taskforce role.

Benefits Of Working At The FCA

• 25 days holiday per year plus bank holidays
• Hybrid working (work from home up to 60% of your time)
• Private healthcare with Bupa 
• A non-contributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age – up to 12% a month once you reach age 35) 
• Life assurance of eight times your basic salary 
• Income protection 
  
  

 

We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.

We welcome applications from candidates who are looking for flexible arrangements.  Many of our staff work flexibly including working part-time, staggered hours, and job shares.  We can’t promise to give you exactly what you want but we can explore what might work best for both sides.

Follow this link to see what life is like at the FCA - Life at the FCA

Application Support

We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.

If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.

Useful Information and Timeline

• This role is graded as Technical Specialist - Regulatory
• Advert Closing Date: 18th May
• CV Review/Shortlist: 19th – 20th May
• Competency Based Interview: W/C 26th May
  
  

Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.

Got a question?

If you are interested in learning more about the role, please contact Declan Sassman on [email protected]

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