Risk Framework Specialist
Risk Framework Specialist
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Job Description
Risk Framework Specialist
Division Risk and Compliance Oversight
Department Risk Operations
Salary National (Edinburgh and Leeds) ranging fromand Londonper annum (Salary offered will be based on skills and experience)
About the FCA
The FCA regulates the conduct of 45000 firms in the UK to ensure our financial markets are honest fair and competitive. Follow this link to find out more About the FCA.
The Risk and Compliance Oversight Division (R&CO) performs the second line of defence function in the FCA. R&CO help the FCA identify assess and report risks that threaten the FCAs ability to deliver its statutory objectives.
The division is responsible for:
Defining and owning the FCA Risk Management Framework
Providing ongoing guidance and oversight of risk management across the FCA. Enterprisewide risk analysis and reporting
Delivery of Regulatory Investigations and Assurance
Compliance Oversight and Complaints
We are recruiting for a talented individual to work in our Risk Framework Team.
The Risk Framework team are responsible for establishing and maintaining the design and implementation of the Risk Management Framework and supporting infrastructure.
This includes working with key colleagues across the R&CO such as Risk Advisory to explain the FCA Risk Management Framework and its key components for example Risk Taxonomies Risk Tolerance statements Policies Standards (Controls) and how these apply to a situation.
The team also helps the business fulfil their responsibilities for delivering their objectives and priorities by using effective risk management tools and techniques such the FCA risk and audit system and for facilitating structured risk workshops.
This is a highprofile role which requires a mix of delivery focus business engagement and technical risk skills.
What will you be doing
Supporting the development maintenance and application (where relevant) of FCAs Risk Management Framework (RMF) and the tools and processes that underpin it including the Risk and Control Self Assessment (RCSA).
Helping the business use the Risk Management Framework to identify and understand risks (including the strength of the control environment) and to put in place appropriate mitigation
Actively promoting a culture of risk management through advice and training including advice on the delivery of operational and behavioural change
Providing technical support on the FCAs Risk and Audit System to colleagues in Risk and Compliance
Providing analysis and insight to colleagues in R&CO and the wider organisation
Working with colleagues in Risk and Compliance Oversight Risk Advisory and the wider organisation to ensure the RMF and supporting infrastructure are appropriated communicated understood and embedded in daytoday business processes
What will you get from the role
You will work on a varied set of tasks and deliverables in the team.
This includes having the opportunity to lead on important projects shaping the second line view and shaping the organisational approach to risk management.
You will have a pivotal role and numerous opportunities where youll be empowered to shape the approach and outcomes of risk management initiatives.
Youll also work continuously with colleagues both within R&CO and across the FCA to deliver these initiatives.
Which skills are required
We are a Disability Confident Employer; therefore disabled people or individuals with longterm 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 working in a Risk Function within a large/complex organisation; with proven knowledge and experience of Risk Management Frameworks methodologies tools including risk and control selfassessments
Demonstrable experience of providing risk management training to others
Experience in delivering projects end to end including managing timelines
Essential
Demonstrable experience of working with risk systems how they are used to support risk and control assessments risk event (incident) management and Key Risk Indicators
A flexible approach to the way you works and what you work on and the ability to work in a changing environment including delivering at pace to tight deadlines
Excellent stakeholder management skills with the ability to promote productive working relationships with other divisions
Being able to understand others perspectives while persuasively presenting your own views to find mutually agreeable solutions
Excellent written and oral communications skills including the ability to communicate confidently and credibly with colleagues senior management and subject matter experts
Good understanding of the FCA and its approach to regulation
Ability to quickly assimilate and analyse detailed information to form prioritised judgements and identify potential risks
Selfmotivated with a proactive approach to work; able to use own initiative to identify potential issues and suggest solutions
Well organised and able to work on several different tasks at the same time
Our Values & Diversity
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 women minority ethnic disabled and neurodivergent candidates for our Senior Associate 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 noncontributory Pension of at least 8 of basic salary each month (there are several contribution levels that increase depending on your age up to 12 a month once you reach age 35
Life assurance of eight times your basic salary
Income protection
We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package tailored to suit your lifestyle.
We welcome applications from candidates who are looking for flexible arrangements. Many of our staff work flexibly including working parttime staggered hours and job shares. We cant 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 requirement disability or condition that means you might require changes to the recruitment process please contact your recruiter to discuss this further. Our aim is to make your application as easy and comfortable as possible and your recruiter will be happy to work with you to make any necessary arrangements where possible.
Useful Information and Timeline
This role is graded as Senior Associate Regulatory
Advert Closing Date: 28th April
CV Review/Shortlist: 30th April
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.
Got a question
If you are interested in learning more about the role please contact: Cameron Nunn at
Applications must be submitted through our online portal. Applications sent via email will not be accepted
Required Experience:
Unclear Seniority
Employment Type
Full-Time
