Prudential Risk Professional
Company
Location
London, England, United Kingdom
Posted At
1/6/2025
Advertise with us.
Please contact: hello@huntukvisasponsors.com
Please contact: hello@huntukvisasponsors.com
Description
Division – Supervision, Policy and Competition
Department – Financial Resilience Department
Salary - National (Edinburgh and Leeds) ranging from £57,600 to £82,000 and London £63,300 to £90,000 per annum (Salary offered will be based on skills and experience)
About The FCA
The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. Follow this link to find out more About the FCA.
Supervision, Policy and Competition (SPC) focuses on market participants and cross market themes with all work contributing to the FCA’s strategic and operational objectives and leading on most of the 3 year strategic business priorities.
Financial Resilience Department The Financial Resilience Department supports the FCA in ensuring that we avoid and minimise harm arising from the disorderly wind down of firms, particularly for more than 40,000 firms the FCA prudentially regulates.
The department undertakes, and supports the rest of the FCA in undertaking, high quality financial and risk analysis of the full spectrum of FCA prudentially regulated firms. This includes assessing the financial resilience of firms, both for large firms and on a portfolio basis, conducting thematic assessments of risk management practices, monitoring and responding to issues as they arise.
What Will You Be Doing
Working in the Financial Resilience Department, you will have a rare opportunity to understand and shape the workings of the financial sector at a time of considerable change. You will enjoy a unique aerial view of the financial services industry, with the opportunity to do meaningful work that makes a real difference.
You will have the opportunity to work with and influence a wide range of industry professionals, both internally and externally to the FCA we place great value on your learning and we offer world-class development opportunities which will assist you in achieving your career aspirations.
Which skills are required?
We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme Click Here)
Minimum
We are proud to be an inclusive employer and our ambition is to cultivate a culture for all employees that respects their individual strengths, views, and experiences. 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.
Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.
Did you know? 50% of our Executive Committee were the first in their family to attend university.
The FCA is committed to achieving greater diversity across all levels of the organisation. Given this, we particularly welcome applications from minority ethnic, disabled, and neurodivergent candidates for this role.
Benefits Of Working At The FCA
We welcome applications from candidates who are looking for flexible arrangements. Many of our staff work flexibly including working part-time, staggered hours, and job shares. We can’t promise to give you exactly what you want but we can explore what might work best for both sides.
Follow this link to see what life is like at the FCA - Life at the FCA
Application Support
We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.
If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.
Useful Information and Timeline
Got a question?
If you are interested in learning more about the role, please contact:
Department – Financial Resilience Department
Salary - National (Edinburgh and Leeds) ranging from £57,600 to £82,000 and London £63,300 to £90,000 per annum (Salary offered will be based on skills and experience)
About The FCA
The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. Follow this link to find out more About the FCA.
Supervision, Policy and Competition (SPC) focuses on market participants and cross market themes with all work contributing to the FCA’s strategic and operational objectives and leading on most of the 3 year strategic business priorities.
Financial Resilience Department The Financial Resilience Department supports the FCA in ensuring that we avoid and minimise harm arising from the disorderly wind down of firms, particularly for more than 40,000 firms the FCA prudentially regulates.
The department undertakes, and supports the rest of the FCA in undertaking, high quality financial and risk analysis of the full spectrum of FCA prudentially regulated firms. This includes assessing the financial resilience of firms, both for large firms and on a portfolio basis, conducting thematic assessments of risk management practices, monitoring and responding to issues as they arise.
What Will You Be Doing
- Leading financial resilience assessments of firms with diverse business models across the wholesale and retail financial services sectors
- Line managing one associate and providing coaching, oversight and support to other associates in the department
- Communicating the results of our work to both internal and external senior stakeholder
- Assessing the appropriate regulatory tool (or tools) to ensure firms meet appropriate standards of financial resilience
- Supporting front-line supervisors
- Role modelling Judgement, Engagement, Delivery and Self-Management and the FCA values
Working in the Financial Resilience Department, you will have a rare opportunity to understand and shape the workings of the financial sector at a time of considerable change. You will enjoy a unique aerial view of the financial services industry, with the opportunity to do meaningful work that makes a real difference.
You will have the opportunity to work with and influence a wide range of industry professionals, both internally and externally to the FCA we place great value on your learning and we offer world-class development opportunities which will assist you in achieving your career aspirations.
Which skills are required?
We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme Click Here)
Minimum
- Experience of identifying, quantifying, measuring, reporting and mitigating risk in a financial services business or equivalent qualification for example CFA/FRM/ACA
- Experience of the FCA's or PRAs approach to the prudential regulation of financial institutions and of the different prudential regimes’
- Experience of stress-testing in the context of a financial services institution
- Dealing with complex prudential issues
- Leading the diagnosis and remediation of prudential risks in firms so that the potential for harm is reduced
- Being a team player who demonstrates an inclusive approach and the impact and influence to generate shared goals for the department
- Coaching and/or mentoring others in professional subjects
- Experience of presenting issues and judgements on critical matters to senior stakeholders both within and external to an organisation
We are proud to be an inclusive employer and our ambition is to cultivate a culture for all employees that respects their individual strengths, views, and experiences. 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.
Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.
Did you know? 50% of our Executive Committee were the first in their family to attend university.
The FCA is committed to achieving greater diversity across all levels of the organisation. Given this, we particularly welcome applications from minority ethnic, disabled, and neurodivergent candidates for this role.
Benefits Of Working At The FCA
- 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
We welcome applications from candidates who are looking for flexible arrangements. Many of our staff work flexibly including working part-time, staggered hours, and job shares. We can’t promise to give you exactly what you want but we can explore what might work best for both sides.
Follow this link to see what life is like at the FCA - Life at the FCA
Application Support
We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.
If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.
Useful Information and Timeline
- This role is graded Lead Associate – Regulatory
- Advert Closing Date: 19th January 2025
- CV Review/Shortlist: 21st January 2025
- Screening calls to commence: w/c 27th January 2025
- Interviews to commence w/c 3rd February 2025
Got a question?
If you are interested in learning more about the role, please contact:
- For internal applicants, please contact Linda Bradley at Linda.Bradley@fca.org.uk
- For external applicants, please contact Chhavi Bartaria at Chhavi.Bartaria@fca.org.uk
Advertise with us.
Please contact: hello@huntukvisasponsors.com
Please contact: hello@huntukvisasponsors.com