RegTech & SupTech Adviser

Background Describe the work of the team and the department: An innovative industry demands an innovative regulator. The FCA’s Innovation department is looking for talent

Describe the work of the team and the department:
An innovative industry demands an innovative regulator.
The FCA’s Innovation department is looking for talented, motivated and outcome focused individuals with varied experience and backgrounds to join our enthusiastic and diverse team. We sit within the Data, Technology and Innovation Division, which is at the forefront of transforming the FCA as we meet the demands of a digital regulatory future.
We support the FCA to be a progressive and forward-thinking regulator. We protect consumers, encourage competition and enable innovative financial services firms to be the best they can be. We see our role as enabling the financial services sector to achieve its potential. In a nutshell, we want to support businesses in the interest of consumers and markets, not just scrutinise them.
We are currently recruiting for two Senior Associates in our RegTech & SupTech team:
RegTech & SupTech is an exciting team within Innovation. Our primary focus is to keep our finger on the pulse of developments within the areas of Regulatory technology (RegTech) and Supervisory technology (SupTech) to educate our colleagues and inform our regulatory approach. In this role you will work closely with academics, technologists, financial institutions, innovators and international and domestic regulators in cultivating and encouraging a thriving RegTech ecosystem. You will develop a deep knowledge of the underlying technologies being used by firms to comply with our regulations and feed this knowledge in to the FCA’s data science and digital transformation agenda. You will build networks across regulators, think tanks and standard setting bodies, helping to shape international efforts to grow the use of RegTech and SupTech on the global stage.
For anyone thinking of joining prior experience of one or more of the following is a plus:
  • Technology used in financial services innovation such as artificial intelligence, distributed ledger technology / blockchain, crypto, payments, token economics, cloud, application-program interfaces, robotic process automation and ‘as a service’ solutions.
  • Financial services sectors such as retail banking, payments or lending, general insurance, pensions, investments and wholesale markets.
  • FinTechs, RegTechs and the wider financial services industry, including trade bodies, government departments and regulators domestically and/or internationally.
What does this job involve?
  • Engage with the RegTech & SupTech ecosystems to identify emerging trends and analyse their current and future impacts on financial services
  • Build a sustainable framework to allow Supervisors to improve their understanding of RegTech and inform the FCA’s digital transformation programme via showcase days and other events
  • Oversee and grow the FCA’s role in the GFIN RegTech & SupTech Workstream, working with GFIN members to help shape its future work programme and identify areas of potential collaboration
  • Identify and develop opportunities for RegTech and SupTech solutions to support FCA corporate priorities, for example by contributing to the design and delivery of future TechSprints and Digital Sandbox cohorts
  • Participate in, and represent, the FCA at industry events to ensure the FCA maintains an awareness of technological developments, and what they may mean for the FCA’s current and future regulatory approaches.
What will the candidate get from the role?
  • Creative Freedom: we are a team that values new ideas and approaches, you will have time and support to develop new ideas and the backing to implement them.
  • Exposure to a network of international regulators, industry experts, leading technologists, innovative firms and senior FCA leadership
  • Opportunity to shape and develop an internal work programmes across a variety of areas and stakeholders within the FCA
  • Stimulating, innovative and experimental work to solve the biggest challenges facing financial regulation and the opportunity to make a tangible impact on the organisation
  • Exposure to new ideas, opportunity to increase your knowledge and understanding of the RegTech, SupTech and FinTech ecosystem including training and development opportunities
  • A dynamic and diverse team of colleagues who are passionate about their work and believe in open collaboration
  • Work in the public interest which: helps to change our approach to regulation; makes us more effective at protecting 40 million UK consumers; secures long term economic growth by promoting an industry that represents 12% of UK economic output
Which minimum, essential & desirable skills are required?
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.
Minimum criteria
  • A proven ability to translate technical concepts and approaches into easily understandable language and concepts
  • Demonstrable experience in successfully taking initiatives from a planning to an implementation stage
Essential criteria
  • A strong team player with the ability to be flexible and pragmatic, taking account of others’ perspectives and adapting to changing circumstances.
  • Strong organisation, prioritisation and time management skills; ability to thrive under pressure, manage competing priorities and deliver to tight deadlines.
  • Good communication skills, including an ability to communicate effectively in person, and to communicate complex issues in writing succinctly.
  • Good judgement and an ability to quickly identify relevant issues from a wide range of data points and present the outcomes of your analysis quickly, clearly and effectively.
  • The ability to identify, build and maintain constructive relationships with internal and external stakeholders.
Desirable criteria
  • A knowledge of the domestic and international RegTech industries, as well as working knowledge of FinTech and SupTech sectors
  • An understanding of emerging technologies and their potential points of interaction with financial services
  • Ability to create working networks and convene stakeholders around common goals
  • Understanding of financial services and/or regulation
Additional Information:
This role is a RegTech & SupTech Adviser, Senior Associate position based in London. This Position falls within the Regulatory Job Family
Salary £50,000 – £75,000 + benefits package
Job post will close on 5th July 2022
The FCA is currently trialling a new hybrid way of working, requiring colleagues to spend 40% of their time in the office each month until the end of July. This trial period will allow us to identify the most appropriate balance of hybrid working, enabling us to benefit from the best of both working in an office environment and remotely.
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).
For more information please contact

Leave a Reply