Job Title: Lead Prudential Policy Associate
Division:Supervision Policy & Competition
Department:Financial Resilience
Salary:National (Edinburgh and Leeds) ranging from59100 to 80250 andLondon from64900 to90350(salary offered will be based on skills and experience)
This role is graded as:Lead Associate Regulatory
Your recruitment contact isTahir Khan via Applications must besubmittedthrough our online portal. Applications sent viasocial media oremail 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 usyoullplay 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 in the Specialists Directorate the Prudential Policy team develops implements and maintains prudential regimes for over 46000 FCA-regulated firms working closely with supervision to enhance understanding of these frameworks and their role in supporting financial resilience across the sector.
Role responsibilities
Lead the delivery of high-profile prudential policy projects including the development of the prudential regime for payments and the COREPRU sourcebook
Identify emerging issues and make informed decisions independently while guiding team members to deliver practical solutions ensuring proactive and effective policy responses empowering others and fostering a collaborative problem-solving culture
Mentor and coach associates reviewing and assuring the quality of their work and providing structured feedback and training building a high performing team
Support team management with resourcing prioritisation and project delivery assisting the manager where required
Collaborate with supervision and authorisations teams to address financial resilience challenges
Represent and promote the FCAs prudential objectives in domestic and international forums
Skillsrequired
Minimum:
Experience within financial services regulation with a particular focus on supervising the prudential standards of financial services firms
Experience analysing policy issues relevant to regulated industries
Essential:
A self-starter with the ability to get up to speed on new issues quickly and work independently to deliver key initiatives with limited oversight
Experience of rapidly assimilating new facts understanding complex issues and conveying their implications in a concise manner showing proven analytical skills
Organisational skills being able to lead a variety of competing high profile tasks with challenging targets
Effective decision-making making sound judgements in a timely manner
Teamwork and collaboration showing ability to coach and work effectively and flexibly with others as part of a team to achieve desired outcomes
Strong communication skills showing both written and oral ability to communicate key messages and explain complex issues in a clear and concise manner including to senior audiences
Stakeholder management - ability to develop strong working relationships with internal and external stakeholders at all levels
Experience in financial services policy development and/or analysis at a UK or international level and/or experience in accounting/auditing/actuarial or balance sheet assessment
Benefits
25days annual leave plus bank holidays
Hybrid model with up to 60% remote work
Non-contributory pension (812% 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 visitour benefits page.
Ourvaluesandculture
Our colleagues are the key to our success as a are committed to fostering a diverse and inclusiveculture: onethatsfree from discrimination and bias celebrates difference and supports colleagues to deliver at their 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 yourequireany 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.
Disabilityconfident:ourhiringapproach
Wereproudto be aDisability Confident Employer andtherefore people or individuals with disabilities and long-term conditions who best meet theminimumcriteria for a role will go through to the next stage of the recruitment cases ofhigh application volumes we may progressapplicants whose experience most closely matches the roles key requirements.
Usefulinformation andtimelines
CV Review/Shortlist: 19th November
First Interview: w/c 24th November
Jobadvertclose: 17th November at 23:59pm
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.
Required Experience:
IC
The Financial Conduct Authority is the conduct regulator for around 50,000 financial services firms and financial markets in the UK and the prudential supervisor for 48,000 firms