The FSA is the primary regulator for financial
services in the UK, our remit is broad
and encompasses the full spectrum of the
27,000 financial firms in the UK - from the
UK operations of global investment banks,
through to sole traders and independent
financial advisors. Working for a financial
regulator means that you are personally
contributing to safeguarding the interests of
consumers, having the remit and the scope
to influence policy and the way financial
institutions operate, to ensure stability of
the financial system, and to facilitate and
champion fair and orderly markets.
The work of the FSA is varied and is an ideal
starting point for those interested in a career
in finance.
The FSA's graduate development programme
offers the opportunity to spend time in a
number of different business areas, as well
as a 6 month external secondment to one of
our regulated firms. It suits both those who
are keen to specialise in a particular area
of finance, such as prudential risk, or those
who want to get a broad foundation. You
don't need a particular degree background
to join the FSA – just an interest in finance
and a desire to understand the regulatory
perspective.
The success of UK regulation depends
on the calibre of the people working in it,
particularly as we emerge from the recent
financial crisis. The FSA has always been
committed to investing in our people to enable
them to realise their potential. For graduates
this means a comprehensive programme of
behavioural and technical training as well
as the opportunity to study for professional
qualifications like ACCA or the CFA. We
also have a number of specialist programmes
linked to professional qualifications, like
our Actuarial or Management Accounting
programmes.
The FSA is currently undergoing a period of
structural change. The government's plan is
for the work of the FSA to move into two new
bodies, each with a focused remit:
The Prudential Regulation Authority (PRA)
will have a single objective – to promote
the safety and soundness of all banks and
insurance companies, and certain other
significant firms – and will do this by seeking
to minimise the impact on financial stability if
a firm fails and by supervising firms to ensure
that they carry on their business in a way
that minimises adverse effects on financial
stability.
The Financial Conduct Authority (FCA) will
have a broader remit to analyse the way firms
operate. The FCA will regulate the conduct
of all regulated firms. It will also look after
markets regulation.
This is an exciting time to be part of a huge
change programme and help shape the future
of UK regulation. Join now and you will have
the opportunity to help shape the future of
financial regulation.
For more information on our programmes
please visit