About the Role
We are seeking a Lead Associate to join our Economics Division on a fixed term basis. The team plays a key role in supporting policy development through in-depth economic advice, thorough assessment and constructive challenge across both wholesale and retail markets. Our work spans market failure assessment and cost–benefit evaluation, alongside overseeing and commissioning high-quality research to improve policy. This is an exciting opportunity for a highly skilled individual to contribute to the FCA’s work on critical issues in financial markets and to help shape fair, effective and competitive markets.
Responsibilities
- Deliver high-quality policy advice and analysis across a range of live policy issues using economic knowledge and experience.
- Provide economic input into policy development, working across a varied portfolio of projects.
- Produce careful analysis to tight deadlines and undertake in-depth, longer-term research to support complex policy questions.
- Manage multiple workstreams, including the design and management of projects.
- Lead cost–benefit analysis for proposed policy interventions, ensuring outputs are robust and credible.
- Support and develop more junior colleagues through line management and day-to-day work oversight.
- Help set direction, provide guidance and promote a culture of balanced work and continuous professional development.
- Plan, prioritise and allocate work effectively across the team with the team manager.
- Act as an escalation point for complex or high-profile issues.
Requirements
- A solid academic foundation in Economics, with a degree at the graduate level or higher in economics or a closely related field, supplemented by relevant professional experience.
- Solid knowledge of financial markets, gained through either professional experience or academic study.
- Demonstrable experience of delivering cost-benefit analysis, within a high-volume or policy-driven environment.
- Demonstrated experience delivering high-quality economic advice on regulatory and/or public policy issues.
- Extensive experience conducting and delivering robust economic policy analysis.
- Comfortable working in ambiguous environments, with the ability to identify key policy questions, structure complex problems, prioritise analytical work and generate clear, actionable insights from diverse information sources.
- Well-developed stakeholder management skills, with the ability to build and maintain effective, trust-based relationships with both internal colleagues and external partners.
- Effective communication skills, with the ability to translate complex technical concepts into clear, accessible messages for non-technical audiences.
- Experience leading the delivery of complex analytical projects, including planning, prioritising and coordinating team activities.
- Able to perform effectively in high-pressure environments while maintaining quality and pace.
- Demonstrates a solid commitment to continuous learning and self-awareness, with the ability to build supportive networks and work effectively, both personally and within the team.
Skills
- Economics
- Financial markets
- Cost-benefit analysis
- Economic advice
- Regulatory policy
- Public policy
- Economic policy analysis
- Problem structuring
- Prioritisation
- Stakeholder management
- Communication
- Project leadership
Location
- Edinburgh
- Leeds
- London
Work Type
- Fixed Term Contract
- Hybrid
Experience Level
- Lead Associate, Regulatory
- Senior leader
Education Level
- Graduate level degree or higher in economics or a closely related field
Salary/Compensations
- National (Edinburgh and Leeds) ranging from £60,700 to £75,600
- London from £66,600 - £83,100
Benefits
- 25 days annual leave plus bank holidays
- Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary
- Private healthcare with Bupa, income protection and 24/7 Employee Assistance
- 35 hours of paid volunteering annually
- Hybrid model (minimum 40% in office, increasing to 50% from September)
- Flexible benefits scheme
About the Company
- We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective.
- By joining us, you’ll play a key part in protecting consumers, driving economic growth and shaping the future of UK finance services.
- Economics is at the heart of the FCA’s work. Economic insight underpins our regulatory decisions and shapes how we respond to some of the most complex challenges across financial services.
Equal Opportunity
- We are committed to fostering a diverse and inclusive culture: one that’s free from discrimination and bias, celebrates difference and supports colleagues to deliver at their best.
- We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.
- We’re proud to be a Disability Confident Employer and therefore, people or individuals with disabilities and long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process.
