Cryptoasset implementation Specialist (Fixed Term for 12 months)

Job title:   Cryptoasset Implementation Specialist (Fixed Term for 12 months)
Division:   Enforcement & Market Oversight
Department:   Primary Market Oversight

• Salary: London ranging from £59,200 to £76,000 and National (Edinburgh & Leeds) ranging from £53,800 to £69,000 (salary offered will be based on skills and experience) 

• This role is graded as:   Senior Associate – Regulatory

• Your recruitment contact is Riley Fox at riley.fox@fca.org.uk - Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted. 

About the FCA and team 

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.   

 Enforcement & Market Oversight (EMO) is responsible for the FCA’s responsibilities for market monitoring, delivery of the functions of the UK Listing Authority (UKLA) and the investigation and prosecution of misconduct using the whole spectrum of criminal, civil and administrative sanctions and remedies against firms and individuals.

The Market Oversight Directorate oversees conduct in UK primary and secondary markets through the listing, prospectus, and market abuse regimes, aiming to promote trusted, orderly, and efficient markets via its four departments: Listing, Primary Market Oversight, Secondary Market Oversight, and Market Oversight Data & Intelligence.

Role responsibilities 

• Assisting teams within the departments to prepare for the new regime and coordinating/providing ongoing training for these departments
• Familiarisation of key requirements of regime and those that are relevant to each team’s remit
• Incorporation of initial approach into teams’ risk appetites
• Setting up of/amending monitoring/dashboards to incorporate and identify instruments admitted under regime
• Reviewing applications and responding to queries from Cryptoasset Trading Platforms (CATPs) on the admission and disclosures and market abuse aspects of the applications
• Triaging, assessing and responding to enquiries on potential non-compliance of rules by CATPs, issuers and investors
• Primary support to Listings for CARE implementation, building expertise in the TOM, operational processes and supporting technology platforms to ensure successful transition into business-as-usual
• Business product owner for crypto registrations and related queries

Skills required 

Minimum: 

• Practical experience in UK financial markets, gained in a financial services firm, trading venue, financial services consultancy firm or regulator
• Experience of supporting the implementation of new or changing regulatory, policy or procedural requirements, including communicating changes and providing guidance or training to colleagues
• Experience working in a role or on a project involving cryptoassets or cryptoasset product

Essential:  
 

• Understanding of the UK Market Abuse Regulation (UK MAR)
• Understanding of the UK cryptoasset regime, specifically the rules and guidance for Market Abuse Regime for Cryptoassets (MARC) and Admissions and Disclosures (A&D), as per PS26/9
• Understanding of the UK primary market regulatory landscape
• Effective analytical and communications skills with the ability to explain complex events clearly and succinctly
• Curiosity with an enthusiasm for learning and sharing knowledge
• Self-starter with proactive approach to acquiring skills and getting the job completed

Benefits 

• 25 days annual leave plus bank holidays 

• Colleagues spend a minimum of 50% of their working time in the office each month (60% for Directors and Executive Directors) across our London, Leeds and Edinburgh offices
• Non-contributory pension (8–12% depending on ag