F

Financial Conduct Authority

Regulates financial firms to protect consumers

Fund and Asset Management Policy Advisor

Full-TimePosted on 10/19/2026Deadline 10/31/26
£53.8k - £75k
Mid
Bachelor's
London, UK+2 moreMore locations: Edinburgh, UK | Leeds, UK
HybridAt least 50% of working time must be spent in the office each month.
Risk & Compliance

About the job

Requirements
  • Prior experience in public policy, financial regulation, legal or regulatory analysis, with a good understanding of the investment funds and asset management sector and its regulatory landscape.
  • Prior experience analysing complex or ambiguous information and using evidence and judgement to develop clear, well-reasoned recommendations.
  • Prior experience communicating technical and regulatory issues clearly and effectively, both in writing and when engaging with a range of audiences.
  • Good knowledge of UK and international funds regulation and the institutional frameworks that shape the asset management sector.
  • Experience contributing to policy development, regulatory change, consultations, rulemaking or impact assessments.
  • Demonstrated ability to lead complex workstreams, manage competing priorities and deliver high-quality outputs to deadline.
  • Effective stakeholder management and influencing skills, with the ability to build credibility with senior internal and external stakeholders.
  • Good understanding of key asset management topics, such as fund governance, liquidity management, delegation, custody, valuation, disclosure, sustainable investment or retail distribution.
  • A relevant professional, legal, regulatory or postgraduate qualification, or equivalent knowledge and experience.
Responsibilities
  • Lead high-profile policy initiatives across the UK asset management and funds sector, helping shape regulation that delivers better outcomes for consumers, firms and markets.
  • Turn complex regulatory, legal, economic and market issues into clear, practical policy solutions that guide decisions across the financial services landscape.
  • Develop impactful briefings, consultation papers and recommendations that support regulatory change and improve market outcomes.
  • Assess the benefits, risks and wider impact of policy proposals, ensuring decisions are evidence-based and focused on delivering positive consumer outcomes.
  • Stay ahead of market developments, emerging business models and global regulatory change, helping the FCA respond to a rapidly evolving environment.
  • Build trusted relationships across industry, government, consumer groups and regulatory partners, bringing diverse perspectives into policy development.
  • Work collaboratively across the FCA and represent the organization externally, shaping discussions and delivering effective policy implementation.
  • Support and develop colleagues while strengthening your own leadership, regulatory and policy expertise in a role with significant visibility and reach across UK financial services.

About the company

F

Financial Conduct Authority

View
Website

The Financial Conduct Authority (FCA) oversees the conduct of about 60,000 financial businesses to ensure financial markets work well and that consumers get a fair deal. It does this by setting rules, supervising firms, and enforcing standards to protect consumers, maintain the integrity of the UK financial system, and promote effective competition in the interests of consumers. It is independent and funded by the firms it regulates, with accountability to the Treasury and Parliament. Its goal is a competitive, trustworthy financial market where consumers have access to products that meet their needs and from firms they can trust.

Company Size

5,001-10,000

Company Stage

N/A

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

2013

Get referred to Financial Conduct Authority

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • October 2026 board appointments add policy, banking, and regulatory depth at the top.
  • India and UAE attachés expand FCA market access and cross-border coordination.
  • April 2026 finfluencer action delivered 120 takedown requests and 34 warning alerts.

What critics are saying

  • FCA identified 1,267 illegal adverts in April 2026, exposing enforcement scalability gaps.
  • Platforms still ignore takedown requests, weakening FCA control over social-media financial promotions.
  • A sustained online-fraud wave can crush consumer trust and nullify the FCA's relevance.

What makes Financial Conduct Authority unique

  • The FCA is the UK's statutory conduct regulator for nearly 60,000 firms.
  • It funds itself through regulated-firm levies, not taxpayer appropriations.
  • It can warn, ban, prosecute, and coordinate with 17 regulators internationally.

Help us improve and share your feedback! Did you find this helpful?

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Remote Work Options
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays

Company News

Cryptopolitan
Oct 15th, 2026
FCA goes "agentic" with automated supervision and no new AI rules.

FCA goes "agentic" with automated supervision and no new AI rules. * The FCA plans to automate much of its supervision and enforcement with AI, becoming an "agentic regulator." * The FCA is declining to write new AI-specific rules and leaning on the existing Consumer Duty. * UK banks, insurers and fintechs can now expect faster, data-driven scrutiny of filings and conduct. Britain's Financial Conduct Authority (FCA) plans to automate much of its supervision and enforcement using AI. The FCA plans to become what it calls an "agentic regulator," and it is doing so without writing any AI-specific rules for the firms it oversees. How will the FCA become an agentic regulator? MPs on the Treasury Committee were told at an evidence session on October 13 that Britain's Financial Conduct Authority will automate much of its supervision and enforcement. Jessica Rusu, the FCA's chief data, information and intelligence officer, said the automation of the regulator's operations is expected to catch harms at the authorization gateway. Rusu told the committee that AI is already helping case officers read unstructured text and work through intelligence faster across authorization, supervision and enforcement. However, she clarified that a human is still signing off on every decision "for now." Committee member John Glen reportedly asked the FCA whether it would adopt the agentic supervision model recommended by the Mills Review, and Rusu replied that the regulator was working towards becoming an "agentic regulator." The Mills Review was published in July 2026 and led by the former FCA executive director, Sheldon Mills. The review recommends that the FCA build an AI-enabled agentic supervisory model, arguing that the regulator needs greater powers. It also asked authorities to consider if large language models (LLMs) like ChatGPT, Claude and Gemini should abide by financial rules. Chief executive Nikhil Rathi stated that one of the first jobs handed to the FCA's agentic tool was tidying regulatory returns, with the software going back to firms to flag numbers that do not add up. Rathi said the point is to free up human supervisors' time to spend on higher-risk cases. However Rathi also told MPs he cannot agree that the FCA needs more powers until it has used its existing authority fully. He pointed out a change in the Financial Services and Markets Bill 2026 which shifts a Financial Ombudsman Service obligation from "may refer" to "must refer," which he said "could generate between 1,000 and 3,000 referrals." Rusu stated frontier-model developers have been cooperating with the regulator, sharing details of model vulnerabilities and cyber risks that the FCA then passes to financial firms. Will the FCA implement rules for AI? The FCA intends to rely on the AI frameworks already in place, especially the Consumer Duty, which is a set of standards requiring firms to deliver good outcomes for retail customers. In evidence to the Treasury Committee's January report on AI in financial services, Rusu said with both the Senior Managers and Certification Regime and the Consumer Duty the FCA does not "need to write new rules for AI." The UK has no AI-specific legislation, and some 75% of UK financial services firms already use the technology. The Mills Review points out that only 9% of consumers use traditional financial advice, around 900,000 UK adults are unbanked, and roughly £300 billion sits in low-interest accounts. One in five UK adults are open to letting AI make financial decisions for them, while about 26% already trust general-purpose chatbots for financial advice. Rathi told MPs that it is actively being debated if chatbots which only give general information, rather than advice for a specific person, should be regulated, adding that it's up to Parliament to decide. Separately, the FCA's Palantir contract for financial crime work has ended. Rusu is due to publish the FCA's response to frontier AI models the week of October 19, alongside findings from its AI Live Testing program which was announced in April. The second group to go through live trials with technical partner Advai included Barclays, Experian, Lloyds Banking Group's Scottish Widows and UBS. Testing concludes by year end, with an evaluation report due in the first quarter of 2027. FAQs. What does the FCA mean by an "agentic regulator"? It means using AI tools to automate parts of supervision and enforcement, such as reading unstructured filings and flagging data that does not reconcile, while, for now, keeping a human responsible for every final decision. Is the FCA writing new rules for firms using AI? Will AI chatbots that give financial advice be regulated? Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. Cryptopolitan strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions. Hannah is a writer and editor with nearly a decade of blog writing and event reporting experience in the crypto space. At Cryptopolitan, Hannah contributes to the news page, reporting and analyzing the latest developments in DeFi, RWA, crypto regulation, AI and frontier tech industries. She graduated from Arcadia university with a degree in Business Administration. TABLE OF CONTENT

Newsquest Media Group Ltd
Oct 13th, 2026
Motor finance compensation scheme set for legal challenge next February.

Motor finance compensation scheme set for legal challenge next February. By PA News Agency Legal challenges to the £9.1 billion UK motor finance compensation scheme will be heard in court next February (Alamy/PA) Legal challenges to the £9.1 billion UK motor finance compensation scheme will be heard in court next February, the UK's financial regulator has said. The upper tribunal will hear the challenges from three lenders and the Consumer Voice advocacy group between February 16 and February 26. Regulators had previously indicated the challenge could be heard as early as December, indicating further delay for impacted customers. Car finance lenders Volkswagen Financial Services, Mercedes Benz Financial Services, and Credit Agricole Auto Finance are challenging the Financial Conduct Authority's (FCA) plans to compensate drivers who were mis-sold a car loan between 2007 and 2024. An estimated 12.1 million car finance agreements are eligible for redress, at an average of £829 per payout, under the FCA's scheme. However, the scheme is currently partially suspended ahead of the challenge, with car finance customers now having to wait into next year for full payouts. The FCA told lenders on Tuesday that they must keep preparing for the scheme and progress with complaints as far as possible. But it added that firms should plan for the possibility that "there may be no motor finance compensation scheme and no complaint handling pause" if the scheme is quashed in court. Alex Neill, co-founder of consumer rights organisation Consumer Voice, said: "Consumer Voice is ready to take our challenge to trial with a potential hearing date listed for December 2026, which has now had to be abandoned. The final hearing is now listed to take place in February 2027. "The FCA and lender applicants blame each other for the delay. "The FCA's approach to disclosure has been heavily criticised by all parties whilst the FCA blames the lenders' requests for extensive disclosure of underlying data and reliance upon fresh expert evidence as the cause of the trial being pushed into next year."

The Currency Analytics
Oct 5th, 2026
FCA's new bond tape sparks 70% surge in corporate bond trades.

FCA's new bond tape sparks 70% surge in corporate bond trades. Verified 27 votes Updated 2 hours ago The UK's Financial Conduct Authority wrapped up a sweeping set of market reforms, and the numbers are hard to ignore. Jon Relleen, the FCA's director of infrastructure and exchanges, laid out the agency's progress at the 2026 Reform of the UK Public and Private Capital Markets Summit - more than 30 workstreams done, covering everything from listing rules to post-trade plumbing. Why it matters. The FCA's comprehensive reforms signify a pivotal shift in the UK capital markets, aiming to enhance transparency and efficiency, which are crucial for attracting both domestic and international investors. By addressing key areas such as listing rules and post-trade processes, these changes could foster greater liquidity and reduce operational costs, ultimately bolstering the competitiveness of the UK market in an increasingly globalized financial landscape. As digital assets and innovative financial instruments gain traction, the introduction of a Digital Gilt further demonstrates the UK's commitment to modernizing its capital framework to accommodate evolving market demands. That's a lot of ground covered. Relleen walked through changes hitting both primary and secondary markets, pointing to cost reductions for issuers, a brand-new bond tape, and the early-stage rollout of a platform for private company shares. The FCA's pitch is basically that UK markets need to stay globally competitive, and sitting still wasn't an option. Read Economics Bond tape launch and secondary market gains. Discover more Trade Forex Trade Crypto Now Read Economics The headline number from secondary markets is the bond consolidated tape, which went live in June. It's the first of its kind outside North America - a genuinely significant claim - and it's already pulled in 1.6 million license subscriptions. Corporate bond trades jumped 70% on the back of it. Government bond trades rose 30%. Those aren't small moves for a market that can feel pretty static year to year. An equity consolidated tape is coming too. The FCA hasn't named a provider yet - that appointment is still ahead - but work is moving forward. No firm timeline was given, so it's unclear exactly when traders will see it live. On the primary market side, the UK listing regime got a significant overhaul. The FCA says the changes cut costs for issuers and helped drive more corporate transactions. In the first half of 2026 alone, 25 companies joined the Main Market, including seven IPOs. That's not a massive wave, but it's movement in a direction the FCA clearly wants to sustain. Post-trade is where some of the more technical - but genuinely impactful - changes sit. Transaction reporting rules were adjusted, and the FCA projects those changes will save firms roughly £100 million annually. Clearing and margining rules also shifted, with the clearing threshold for commodity derivatives raised in response to volatility in those markets. Firms dealing in commodities had been pushing for that kind of adjustment for a while. Discover more Trade Forex Trade Crypto Now Compare Brokers PISCES, Digital Securities, and the AI Push. Private markets are growing fast globally, and the FCA moved to build dedicated infrastructure for them. PISCES - a new platform specifically for trading private company shares - is up and running. Four operators are already authorized. Seven transactions have gone through so far, involving companies ranging from tech firms to brewers. It's early days, but the FCA seems to want PISCES to become a real venue, not just a regulatory experiment. The Digital Securities Sandbox is live too, and the upcoming digital gilt - called DIGIT - is designed to push digital activity further into mainstream UK markets. It's a signal that the FCA isn't treating tokenization as a fringe concern. They're building for it. AI is on the agenda in a pretty serious way. The FCA set up an AI Lab and an AI Consortium to work through what safe adoption actually looks like in financial markets. No specific rules were announced yet - it seems like the collaborative, exploratory phase is still running - but the FCA is clearly trying to get ahead of it rather than react after the fact. Asset management got attention too. The FCA's review of the Alternative Investment Fund Managers Directive aims to cut regulatory friction for the sector. And alongside the government's pension market review, the FCA is pushing to make the overall investment landscape more accessible to retail participants. Retail investors are seeing some real changes. Simplified investment advice rules and clearer product information have already moved the needle. The value of retail-denominated corporate bonds rose 50%, with domestic retail investors putting more into fundraisings than before. That's a meaningful shift in who's actually participating in these markets. Collaboration and what's still unclear. The FCA isn't doing any of this alone. Relleen made clear that the Treasury and the Bank of England are both involved in shaping the reform agenda. The FCA also said it's watching other jurisdictions and taking international consistency seriously - it doesn't want UK rules to diverge so far from global norms that they create friction for cross-border activity. But the FCA also said it's willing to scrap existing rules when they're no longer working. That's a harder line than regulators usually take publicly. Whether it translates into faster rule changes or stays at the level of stated principle is genuinely unclear yet. Industry feedback is supposedly driving a lot of the agenda. The FCA says it stays open to ideas from the private sector. What that looks like in practice - and whether firms feel heard - probably depends who you ask. The AIFMD review is still ongoing. The pension market review is still ongoing. The equity consolidated tape provider still needs to be named. And the digital gilt hasn't launched yet. So for all the completed workstreams, there's a long list of things still in motion. Read Economics Retail-denominated corporate bonds rose 50% in value. Frequently asked questions. What is the FCA's bond consolidated tape and why does it matter? What is PISCES and how many transactions has it completed? Community Trust Index High Confidence Real96% 4%Fake 27 community signals Post Views: 13 Julie is a renowned crypto journalist with a passion for uncovering the latest trends in blockchain and cryptocurrency. With over a decade of experience, she has become a trusted voice in the industry, providing insightful analysis and in-depth reporting on groundbreaking developments. Julie's work has been featured in leading publications, solidifying her reputation as a leading expert in the field. Trade Crypto Now

Accountancy Today
Oct 2nd, 2026
FCA appoints three new members to its board.

FCA appoints three new members to its board. Lea Paterson CBE and Matthew Tobin join as non-executive directors alongside executive member Sarah Pritchard Quick Poll How often do you read Accountancy Today? One click - no sign-up All data is anonymised. Polling helps Accountancy Group better understand the Accountancy Today audience and tailor its editorial. The Financial Conduct Authority (FCA) has appointed Lea Paterson CBE and Matthew Tobin as non-executive directors, while deputy chief executive Sarah Pritchard has joined the board as an executive member. The three appointments, which took effect on 1 October, bring experience in public policy, financial services and regulation to the regulator's board. Paterson has held senior roles across economics, financial journalism, public policy and regulation. She is currently chair of the Senior Salaries Review Body, a Civil Service Commissioner and a board member of the Independent Parliamentary Standards Authority. Her previous roles include executive director for People and Culture and the Bank of England's first director of Independent Evaluation. Earlier in her career, she worked as economics editor at The Times and at The Independent. She was awarded a CBE for services to the economy in 2023. Meanwhile, Tobin joins the board following more than 20 years as a senior financing lawyer and partner at Slaughter and May, where he advised the government, regulators and major financial institutions. His work has included systemic risk, statutory schemes and interventions across banking, capital markets and lending. He advised HM Treasury on measures including the Asset Protection Scheme, Credit Guarantee Scheme, Covid Corporate Financing Facility and the nationalisation of Bradford and Bingley. He has also advised FTSE 100 and FTSE 250 boards and treasury functions on financing strategy, regulatory change, disclosure and operational resilience. Alongside the two non-executive appointments, Pritchard has joined the board in her existing role as deputy chief executive. She has held several senior leadership positions at the FCA and is involved in delivering its five-year strategy. Ashley Alder, FCA chair, said: "I am delighted to welcome Lea and Matthew to the FCA Board. Their experience and fresh perspectives will be invaluable as Accountancy Group continue to deliver its strategy for consumers, markets and the wider economy. "I am also delighted that Sarah Pritchard has joined the Board. Sarah has made a significant contribution to the FCA's leadership, and her deep understanding of our work will be a great asset as we continue to support growth and innovation while protecting consumers and market integrity." Published: 1m ago

Solicitors Journal
Oct 1st, 2026
New directors enhance FCA Board for 2026.

New directors enhance FCA Board for 2026. The Financial Conduct Authority welcomes Lea Paterson and Matthew Tobin as new Non-Executive Directors from October 2026 The Economic Secretary to the Treasury has today confirmed that Lea Paterson CBE and Matthew Tobin have been appointed as Non-Executive Directors to the Board of the Financial Conduct Authority (FCA). Their terms will commence on 1 October 2026, and they will each serve an initial three-year term. Lea Paterson CBE brings a wealth of experience to the Board, having held various roles in Best value * | Unlimited access to 20,000+ articles * | Monthly print & digital editions * | Full access to its archive * | Available for individuals & organisations One-time purchase Buy this article. Download a PDF copy of this article for permanent access, no subscription needed.