Senior Data Scientist - Markets

Job title: Senior Data Scientist – Markets

Division: Supervision, Policy & Competition

Department: Market Analysis & Risk

Salary: National (Edinburgh and Leeds) ranging from £53,800 to £64,000 and London from £59,200 to £70,000 (salary offered will be based on skills and experience)

This role is graded as: Senior Associate - Regulatory

Your Internal recruitment contact is Iona Magee via iona.magee@fca.org.uk.

Your external recruitment contact is Tahir Khan via tahir.khan1@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.

SPC oversees firms and individuals (supervision), creates and reviews the rules by which they operate (policy) and identifies and remedies ineffective competition in markets (competition).

The Markets Directorates oversee wholesale banks, intermediaries, asset managers, market infrastructure and exchanges, amongst others, ensuring fair, transparent and resilient wholesale markets that support the effective functioning of the UK’s financial system.

Role responsibilities:

Design and build high performance pipelines of trading data, transforming millions of daily records into model-ready datasets for risk and market analysis

Own and evolve interactive web apps and dashboards, turning unique regulatory markets data into insights across equities, fixed income, commodities, and FX, helping supervisors build a detailed understanding of firms’ and exposures

Conduct analyses on diverse and stimulating issues, empowering policy and supervisory teams to make informed, timely decisions whilst gaining exposure to a broad range of markets and financial products

Apply your technical skills to impactful challenges and play a key role in shaping how data are harnessed to supervise firms and markets

Skills required:

Minimum:

Demonstrable data engineering experience within a financial markets context, able to design efficient SQL (Redshift) and Python code for complex ETL pipelines and feature engineering

Experience in developing user-friendly analytical products, e.g. dashboards, self-service tools, or streamlit apps

Demonstrable proficiency with tools and libraries for data analysis, including relevant Python libraries

Essential:

Deep understanding of financial markets

Experience applying machine learning techniques to market data

Prior experience in building and deploying scalable cloud-based solutions

Demonstrated capacity to work well with a wide range of stakeholders

Benefits:

25 days annual leave plus bank holidays

Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors)

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

A flexible benefits scheme designed around your lifestyle

For a full list of our benefits, and our recruitment process as a whole visit our benefits page.

Our Values & Culture

Our colleagues are the key to our success as a regulator. 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 believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation, and delivers better regulation.

If you require any adjustments due to a disability or condition, your recruiter is here to help - reach out for tailored support.

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.

Disability Confident: Our Hiring Approach

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. In cases of high application volumes we may progress applicants whose experience most closely matches the role’s key requirements.

Useful Information and Timeline

Job advert close: Wednesday 1st July at 23:59pm

CV Review/Shortlist: Friday 3rd July

Case Study Assessment: 9th – 13th July

Interview: w/c 20th July

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.