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Suppose there exists a new airline named Jetco that flies domestically across North America. Jetco recently had a study commissioned that tested the boarding time of every airline, and it came out that Jetco had the fastest average boarding times of any airline.

What factors could have biased this result, and what would you look into?

What could potentially bias the average boarding time in favor of an airline that only flies domestically?

What could potentially bias the average boarding time in favor of an airline that only flies domestically?

Boarding Times Bias

A new airline came out as the fastest average boarding times compared to other airlines.  What factors could have biased this result and what would you look into?

Statistics

You are testing hundreds of hypotheses with many t-tests. What considerations should be made?

What is a key disadvantage of the F-test when compared to multiple t-tests?

What is a key disadvantage of the F-test when compared to multiple t-tests?

Hundreds of Hypotheses

You are testing hundreds of hypotheses with many t-tests. What considerations should be made?

Let’s say you work for a social media company that has just done a launch in a new city. Looking at weekly metrics, you see a slow decrease in the average number of comments per user from January to March in this city.

The company has been consistently growing new users in the city from January to March.

What are some reasons why the average number of comments per user would be decreasing and what metrics would you look into?

What metric could be used to measure if active users are still engaging on the platform despite an overall decrease in the average number of comments per user?

What metric could be used to measure if active users are still engaging on the platform despite an overall decrease in the average number of comments per user?

Decreasing Comments

How would you investigate a decline in the average number of comments per user?

Product Metrics

Division: Data, Technology & Innovation Department: Intelligence & Digital <ul><li>Salary: National (Edinburgh and Leeds) ranging from £52,400 to £61,800 and London £57,700 to £68,000 per annum (Salary offered will be based on skills and experience)</li><li>This role is graded as: Senior Associate - Regulatory</li><li>Your recruitment contact is Sonika via Sonika.Suryadevara@fca.org.uk. Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted. </li></ul>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. The Data, Technology and Innovation (DTI) division enables the FCA to be a digital-first, data-led smart regulator by delivering a secure, agile and cost-effective technology and data ecosystem that drives better decisions, transparency and operational efficiency. The Intelligence and Digital department within DTI division drives a digital-first regulatory approach, leveraging advanced analytics, AI and emerging technologies to enhance intelligence, decision-making and market oversight. Role Responsibilities <ul><li>Provide support and guidance to colleagues across the organisation in mastering SharePoint and Teams Channels to make collaboration seamless and efficient</li><li>Shape the future of our tools by conducting product and user research analysing market trends and recommending feature enhancements that keep us ahead</li><li>Turn ideas into impact by collaborating with a broad range of internal stakeholders to understand their needs and translate them into EPICs, features and user stories for the Agile backlog</li><li>Empower our people by leading engaging training sessions and hosting drop-in clinics ensuring every user feels confident and supported</li><li>Drive innovation across teams by collaborating with cross-functional experts to deliver continuous value improve the digital workplace experience and champion change by showcasing new features at forums inspiring colleagues to embrace modern ways of working</li><li>Lead Power Tooling initiatives leveraging Power Platform capabilities to transform ways of working automate processes and deliver impactful solutions across the organization with exposure to high-profile stakeholders and directors </li></ul>Minimum Skills required <ul><li>Proven experience working with internal business users to deliver product change campaigns and communicate new features in terms of business value, ensuring adoption and engagement across the organisation</li><li>Demonstratable experience as a Product Analyst in an Agile environment, including writing EPICs, features and user stories and participating in Agile ceremonies to support iterative delivery</li><li>Prior experience supporting Microsoft 365 services (SharePoint and MS Teams) at an organisational level, with the ability to understand user requirements and translate them into clear deliverables for technical teams </li></ul>Essential <ul><li>Strong communication and collaboration skills with proven ability to work effectively in team environments</li><li>Highly organized and detail-oriented, capable of managing multiple activities and deliverables within structured frameworks and compliance standards</li><li>Proficiency in using M365 services, with experience in data analysis, root cause identification and applying qualitative and quantitative techniques </li></ul>Benefits <ul><li>25 days annual leave plus bank holidays</li><li>Hybrid model with up to 60% remote work</li><li>Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary</li><li>Private healthcare with Bupa, income protection and 24/7 Employee Assistance</li><li>35 hours of paid volunteering annually</li><li>A flexible benefits scheme designed around your lifestyle </li></ul>For a full list of our benefits and our recruitment process as a whole visit <a>our benefits page</a>. Our values and 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 <a>Disability Confident Employer</a> 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 timelines Timeline <ul><li>Job advert close: 30 December at 11:59pm</li><li>CV Review/Shortlist: 2 December</li><li>First Interview: w/c 12 January</li><li>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.</li></ul>

Division: Data, Technology & Innovation Department: Digital Intelligence Solutions <ul><li>Salary: National (Edinburgh and Leeds) ranging from £52,400 to £71,200 and London from £57,700 to £78,300 (salary offered will be based on skills and experience)</li><li>This role is graded as: Senior Associate - Regulatory</li><li>Your recruitment contact is Sonika via Sonika.suryadevara@fca.org.uk. Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted. </li></ul>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. The Data, Technology and Innovation (DTI) division enables the FCA to be a digital-first, data-led smart regulator by delivering a secure, agile and cost-effective technology and data ecosystem that drives better decisions, transparency and operational efficiency. Sitting within DTI, the Digital Intelligence Solutions team deliver a Digital Unified Intelligence Environment to surface insights for action through tools, dashboards and bespoke analysis. Role Responsibilities <ul><li>Provide hands-on technical leadership, guiding the team to build and support solutions that are robust, scalable and fit for purpose within an AWS Cloud environment</li><li>Advise on technical design and architecture for data platforms, ensuring solutions meet business needs and adhere to FCA engineering standards</li><li>Review and assure quality of deliverables from internal and external teams, embedding best practices like CI/CD, automated testing (Test-Driven Development/ Behaviour-Driven Development) and code quality standards</li><li>Identify opportunities for product enhancements and quick wins, influencing design proposals that deliver measurable business benefits</li><li>Opportunity to work closely with senior professionals, diverse stakeholders and third-party suppliers to deliver technology change that makes FCA a data-focus, tech-enabled regulator</li><li>Foster a culture of agility and continuous improvement, enabling faster time-to-market, predictable releases and optimised delivery through modern engineering practices </li></ul>Minimum Skills required <ul><li>Experience in building and delivering robust data platforms and systems within Agile and DevOps environments, leveraging AWS Cloud to create scalable, secure and high-performing solutions</li><li>Prior experience applying modern engineering practices such as CI/CD, Lean Architecture, automated testing (Test-Driven Development/ Behaviour-Driven Development), branching strategies and continuous monitoring to ensure quality and efficiency</li><li>Experience working with technologies like Cloudera, Talend ETL, Python and PySpark, while collaborating with stakeholders and third-party suppliers to deliver impactful, end-to-end data solutions </li></ul>Essential <ul><li>Proven expertise in designing and optimising data pipelines and ETL workflows that transform data into actionable insights</li><li>Deep knowledge of big data technologies and strong understanding of data governance, security and compliance principles</li><li>Ability to collaborate seamlessly with cross-functional teams and manage complex integrations across diverse environments</li><li>Passion for innovation and continuous improvement with a focus on enhancing performance and reliability in data engineering </li></ul>Benefits <ul><li>25 days annual leave plus bank holidays</li><li>Hybrid model with up to 60% remote work</li><li>Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary</li><li>Private healthcare with Bupa, income protection and 24/7 Employee Assistance</li><li>35 hours of paid volunteering annually</li><li>A flexible benefits scheme designed around your lifestyle </li></ul>For a full list of our benefits and our recruitment process as a whole visit <a>our benefits page</a>. Our values and 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 <a>Disability Confident Employer</a> 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 Timeline <ul><li>Job advert close: 7 December at 11:59pm</li><li>CV Review/Shortlist: w/c 8 December</li><li>First Interview: w/c 15 December</li><li>Second Interview: w/c 5 January</li><li>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. </li></ul>SC Clearance is required for this role (<a>SC Guidance</a>) - you will hold or will be required to obtain Security Check (SC) level vetting

Question	Topic	Difficulty	Ask Chance
Boarding Times Bias	Statistics	Medium	Very High
Hundreds of Hypotheses	Statistics	Medium	Very High
Decreasing Comments	Product Metrics	Easy	Very High

Financial Conduct Authority Interview Questions

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Financial Conduct Authority Interview Questions

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