Prudential Risk Associate, Financial Conduct Authority
£43.1-63k
Salary varies depending on location
More information about location
Financial regulation service
Be an early applicant
Financial regulation service
1001+ employees
Be an early applicant
£43.1-63k
Salary varies depending on location
More information about location
1001+ employees
Company mission
To enable a fair and thriving financial services market for the good of consumers and the economy.
Role
Who you are
- Prior experience of using sound judgement and making logical and timely decisions, cutting through complexity, weighing risks and implications
- Proven 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
- Builds rapport and constructive relationships, makes a strong personal impact, and influences outcomes through well reasoned arguments, challenging appropriately and fostering collaboration
- Ability to influence individuals at firms whilst maintaining the integrity of messages that may need to be conveyed and ensuring consistency of outcomes
- A good team player who demonstrates an inclusive approach and the impact and influence to generate shared goals for the Department
- Understanding the FCA's approach to the regulation of financial institutions
- Understanding of prudential risk management and regulatory frameworks, including have a background of risk and stress-testing experience
What the job involves
- 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
- Lead and support financial resilience assessments and analysis to strengthen stability across prudential risks, business models, and structured finance products, helping safeguard markets and protect consumers
- Deliver high quality assessments and analysis efficiently, ensuring timely, accurate outputs that enable informed outcomes and regulatory confidence
- Handle prudential queries and coach supervisors, providing clear guidance and building capability to enhance compliance and industry best practice
- Drive impactful and influential work, translating analysis into actionable insights that shape policy and strengthen financial resilience
- Role model FCA values and behaviours, demonstrating Judgement, Engagement, Delivery, and Self-Management to inspire collaboration and integrity
Application process
- Job advert close: 18th December (midnight)
- CV Review/Shortlist: 22nd December
- First Interview: w/c 5th January
- 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
- Your recruitment contact is Shafika via Shafika.shaikh@fca.org.uk
Our take
Developed on the back of the Financial Services Act of 2012, the Financial Conduct Authority is a regulatory body that acts as a regulator for financial firms, ensuring the integrity of the financial markets in the UK. Broadly focused on financial companies that provide consumer services, it’s governed by the Bank of England and therefore acts independently of the government.
The FCA is responsible for regulatory innovations, such as stronger customer authentication requirements, including biometric and code requirements for payments, that have clamped down on fraud and improved security for national consumers. The FCA also introduced the Anti-Money Laundering Supervision in 2017.
The organisation’s independence from government ensures its impartiality as a regulator. In the late 2010s, it set up the cryptoasset registration, a department responsible for ensuring the legality of crypto payments. This has become an important aspect of national counter terrorism measures, and exemplifies the complex and vital work that the organisation carries out.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- 25 days holiday per year plus bank holidays
- Hybrid working (work from home up to 60% of your time)
- Private healthcare with Bupa
- A non-contributory Pension of at least 8%
- Life assurance
- Income protection
Company HQ
Stratford Cross, London, UK
Leadership
Nikhil Rathi
(CEO)Previously the Private Secretary to UK Prime Ministers Tony Blair and Gordon Brown and was the Chief of Staff and Director of International Development at the London Stock Exchange. Studied at St Anne's College Oxford.
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