Finance Specialist – Competition Division
Are you looking for intellectually challenging, meaningful work with the possibility to work flexibly?
The Financial Conduct Authority (FCA) welcomes finance professionals who have taken an extended career break to apply for a permanent role in its Competition Division. Successful hires who have taken a career break of 2+ years will receive coaching support through the transition period from Women Returners.
This is an exciting opportunity for talented individuals with experience in commercial or regulatory finance and accounting. You will work across a range of activities, including market studies, competition enforcement cases and internal investigatory work, to drive forward the FCA’s competition mandate. You will be part of a cross-disciplinary team with competition lawyers, economists and industry specialists. You will need to have a high degree of judgement, tenacity and the appetite to work on intellectually-challenging questions with important implications for the 40 million consumers of financial services and the ability of the economy as a whole.
The role has the potential to be offered on a part-time basis, or flexitime or compressed hours basis. There is also the opportunity to work remotely for some of the time.
Responsibilities of the Role
- Primary responsibility for the delivery of robust financial analysis to inform the investigations and exploratory work undertaken by the Competition Division.
- May include: assessing the financial performance of firms operating in the relevant markets; understanding their business models and pricing strategies; analysing revenues, costs and profits; assessing capital structure and cost of capital; building financial models to analyse market-wide profitability; examination of product or customer group profitability; considering the financial and strategic impacts on firms of potential remedies to address competition problems.
- Think creatively to design forms of analysis that are appropriate in a particular case.
- Present complex financial analysis and explain financial and accounting concepts to a range of internal and external audiences, both orally and in writing.
- Integral role in decision-making, directly influencing investigations and approach to regulation.
- Potentially line management responsibility.
Qualifications, Skills & Experience
- Accountancy or similar financial qualification (ACA, ACCA, MBA with significant financial component).
- Significant experience of designing and delivering complex financial analysis to inform strategy or policy in a commercial or regulatory environment. Experience in financial services would be advantageous.
- Ability to work as part of a multi-disciplinary team.
- Ability to deliver and thrive in a fast-moving environment.
- Excellent communication skills to engage with a range of internal and external stakeholders.
- Project and work management skills.
- Thorough and diligent approach, initiative and good judgement.
About the FCA
The FCA is the conduct regulator for 56,000 financial services firms and financial markets in the UK. The Competition Division promotes effective competition in financial services for the benefit of consumers. The work is intellectually stimulating and rewarding, offering the opportunity to make a positive impact on individuals and the UK economy. You will be part of a thriving professional community and will enjoy a challenging and diverse environment with a range of opportunities for personal and professional development.
Read a recent interview with Mary Starks, FCA Director of Competition, who works as a job-share.
Salary will depend on experience. For Senior Associate roles the range is approximately £55,000 to £75,000 and Technical Specialists roles the range is approximately £75,000 to £95,000.
This role will be based in London, Canary Wharf, with a planned move in 2018 to a new site in The International Quarter, Stratford.
Stage 1: Please submit your CV using the FCA online portal and answer 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.
Closing date: Applications for this role close at midnight on Sunday 12th February.
If you have queries about the application process please contact Craig Cooper on firstname.lastname@example.org.
Please tell the FCA that you found out about the opportunity from Women Returners.