Competition Economics Manager
Division - Supervision, Policy and Competition
Department - Competition Directorate
Salary - National (Edinburgh and Leeds) ranging from 72,100 to 100,000 and London 79,300 to 110,000 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.
The Financial Conduct Authority is a key part of the regulatory structure in financial services, together with the Prudential Regulation Authority and the Bank of England. We work to make financial markets work well for consumers of financial services.
This role is in the Competition Directorate (CD) in which you would be responsible for the FCA's CD mandate. Much of our work is focused on ensuring markets are working well for consumers.
What will you be doing?Leading complex projects ensuring projects are well scoped, managed and resourced ensuring project outcomes meet the FCA's objectives
Developing the technical capacity and capabilities of the economics team whilst keeping your own technical knowledge updated
Providing expert advice to senior stakeholders, delivering support and intellectual leadership to economist colleagues
Reporting to executive committee on live projects to provide regular updates and provide direction where applicable
Line managing, supporting and developing economist colleagues
Actively contributing and collaborating with the directorate, taking responsibility for management initiatives
What will you get from the role?The opportunity to make a difference to financial services markets
The opportunity to lead high profile projects using competition and economic skills
Exposure to senior management within the FCA and external stakeholders
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)
MinimumPrior experience working as an economist in a regulatory, government, consultancy or academia background
Prior experience in mentoring or supporting colleagues to build and sustain a high performing, collaborative team
Prior experience in managing complex economics and analytical projects within tight timeframes
EssentialAn academic background in economics, including a qualification in Economics at undergraduate, preferably Masters level
Strong stakeholder management skills at a senior level, internal and external
Ability to effectively delegate in teams with mixed skillsets, utilising line management and people management skills
Strong drafting and presenting skills for a senior audience
Ability to deal with objection handling efficiently
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.
Benefits of working at the FCA28 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 TimelineThis role is graded as Manager - Regulatory
Advert Closing Date: 21st October Midnight
CV Review/Shortlist: Wednesday 22nd October
First Round Case Study Assessment: W/C 27th October
Psychometric Assessment: W/C 3rd November
Competency Based Interview: W/C 10th November
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: Sartaj.deol@fca.org.uk
Applications must be submitted through our online portal. Applications sent via email will not be accepted.
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