Senior Associate in Wholesale Crypto Policy team

We are looking to fill a Senior Associate role in the Wholesale Cryptoassets Policy team. The core areas the team focuses on are: developing the regulatory framework for cryptoasset exchanges and intermediaries; developing a market abuse regime suited to cryptoassets; considering appropriate disclosure standards for cryptoassets; and developing policies regarding trading, execution and settlement.

You will join a dedicated team of policy professionals who are focused on shaping creative and evidence-based policy solutions that benefit consumers, markets and competition. We work collaboratively to solve problems and flexibly to delivery market integrity. We are committed to sharing our knowledge and encouraging new ideas.

As financial markets in crypto and digital assets develop and mature, entering the comprehensively regulated world of wholesale markets, regulators also need to innovate and adapt our regulatory frameworks to deal with new and evolving opportunities and challenges. We are therefore in the process of designing a more comprehensive regulatory framework for crypto to help shape the future of this diverse, fast-paced, and ever-changing sector.

The Capital Markets Department within the Supervision, Policy and Competition Division at the FCA is at the forefront of developing policy solutions in the wholesale markets, considering new policy tools within the evolving UK legal and regulatory framework and working with international partners to meet the FCA’s core objective of market integrity promoting competition and positive change.

In contributing to this work, you will have opportunity to:

• Apply creativity and innovation to help develop policy solutions for the challenges created by the introduction of new actors and products in the wholesale markets. Some potential to deploy to different workstream(s) within the team if necessary.
• Gather the necessary intelligence and information to ground our understanding of the risks, the opportunities and the relevant context.
• Help create and communicate a vision for a long-term outcome for regulating the UK wholesale cryptoasset market.
• Draft and present policy proposals to FCA Senior Management and deliver public consultation of proposals.
• Work with others across the FCA to harness expertise and knowledge from other departments, including those working in retail crypto policy as well as those in Legal, Enforcement and Market Oversight and Wholesale Supervision.
• Help manage relationships with a diverse range of internal and external stakeholders in this field.