Lead Prudential Risk Specialist

Job Title: Lead Prudential Risk Specialist

Division: Supervision, Policy and Competition

Department: Financial Resilience Department

• Salary: National (Edinburgh and Leeds) ranging from £59,100 to £86,100 and London from £64,900 to £95,000 (salary offered will be based on skills and experience)

• This role is graded as: Lead Associate - Regulatory

• Your recruitment contact is Riley via [email protected]. 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).

Sitting within the Specialist Directorate, the Financial Resilience department (FRD) leads the FCA’s efforts to minimise consumer and market harm from weaknesses in firms’ financial resilience by setting standards through rules and guidance, and by providing specialist supervision and data capabilities.

Role responsibilities

• Conduct financial resilience assessments of firms with diverse business models across the wholesale and retail financial services sectors

• Deliver high quality assessments and analysis efficiently, ensuring timely, accurate outputs that enable informed outcomes and regulatory confidence

• Handle prudential queries and coach supervisors and others in the department, providing clear guidance and building capability to enhance compliance and industry best practice

• Produce impactful, evidence-based work, translating analysis into actionable insights that shape policy and improve financial resilience

• communicating the results of our work to both internal and external senior stakeholders

• Role model FCA values and behaviours, demonstrating Judgement, Engagement, Delivery, and Self-Management to inspire collaboration and integrity   

Skills required 

Minimum:

• Prior experience of using sound judgement and making logical and timely decisions, cutting through complexity, weighing risks and implications

• Demonstrated experience in financial resilience, including risk management, accounting, audit, compliance, and related regulatory roles

• Demonstrable experience of communicating complex issues clearly and succinctly to internal and external audiences, both orally and in writing, while effectively identifying and managing key stakeholders

Essential:

• Reviewing complex risk management frameworks and prudential issues with sound judgement and analytical rigour

• Overseeing the identification and remediation of prudential risks to reduce potential harm to consumers and markets

• Demonstrating effective teamwork and an inclusive approach, with the ability to build consensus and align others towards shared departmental goals.

• Providing coaching and mentoring on technical and professional matters to support the development of colleagues

• Presenting complex issues and critical judgements confidently to senior internal and external 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

• Advert Closing: 17th March

• CV Review/Shortlist: 19th March

• Interviews: w/c 23rd March

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