Prudential policy lead

Job Title: Prudential policy lead
Division: Supervision Policy & Competition
Department: Financial Resilience

• Salary: National (Edinburgh and Leeds) ranging from 59100 to 90800 and London from 64900 to 99700 (salary offered will be based on skills and experience)

• This role is graded as: Lead Associate - Regulatory

• Your external recruitment contact is Shafika Shaikh via Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.

• Your internal recruitment contact is . 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 youll play a key part in protecting consumers driving economic growth and shaping the future of UK finance services.

The Supervision Policy & Competition (SPC) Division oversees firms and individuals (supervision) creates and reviews the rules by which they operate (policy) and identifies and remedies ineffective competition in markets (competition).

Within SPC the Prudential Policy team (Specialists Directorate) develops implements and maintains prudential regimes for over 46000 FCA-regulated firms. The team develops and maintains prudential regimes including IFPR/MIFIDPRU MIPRU IPRU and prudential requirements for payments emoney and cryptoasset firms. The team works closely with Supervision and other FCA functions to support firm-level assessments and strengthen financial resilience across the sector.

Role responsibilities:

This is a senior policy role for an experienced prudential specialist. You will lead the development/enhancement of high-impact prudential policy exercise significant regulatory judgement and shape how prudential standards are interpreted and applied across FCA-regulated firms.

You will typically own complex policy areas end-to-end with responsibilities to:

• Lead the design review and enhancement of FCA prudential regimes including IFPR/MIFIDPRU MIPRU IPRU and prudential standards for payments emoney and cryptoasset firms

• Conduct deep qualitative and quantitative analysis of prudential risks capital and liquidity adequacy and firm behaviour to inform policy decisions and senior leadership advice

• Monitor market developments supervisory feedback and emerging crosssector risks translating these into proportionate policy responses

• Engage extensively with Supervision Enforcement Data HM Treasury industry bodies and firms including leading consultations and representing the FCA externally

• Provide technical advice and briefings to senior management support colleagues across the organisation with interpretation and application of policy and offer guidance to firms on compliance with new or amended rules

• Manage multiple workstreams ensuring timely delivery of policy outputs identify dependencies and risks and propose practical solutions

• Review and assure the quality of work of junior staff members provide structured feedback and training help build a high-performing team and line manage 12 team members

Skills required:

Minimum:

• Significant experience in prudential regulation or prudential risk management within a financial services regulator or a prudentially regulated firm (e.g. investment firm bank payments or e-money firm)

• Strong working knowledge of prudential frameworks with deep expertise in one or more of: Basel standards (CRR/CRD) IFPR payments and e-money regimes ICAAP ILAAP or ICARA

• Proven ability to lead and deliver multiple high-profile long-term workstreams balancing competing priorities tight deadlines and resource constraints

Essential:

• Demonstrable experience assessing capital adequacy liquidity risk stress testing and risk management frameworks (e.g. ICAAP ILAAP ICARA)

• Strong understanding of risk management frameworks including either operational market and liquidity risk management

• Senior-level judgement and autonomy with the ability to rapidly develop expertise set direction on complex issues and deliver high-impact initiatives with limited oversight

• Excellent written and verbal communication skills with the ability to present complex prudential regulatory and policy issues clearly and persuasively to senior internal and external stakeholders

Benefits:

• 25 days 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 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 thats 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

Were 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 cases of high application volumes we may progress applicants whose experience most closely matches the roles key requirements.

Useful Information and Timeline

• Job advert close: 31st May 2026

• Pre-interview screening call by hiring manager (up to 30 mins)

• CV Review/Shortlist: 2nd - 4th June 2026

• In person case study and interview: w/c 8th June 2026 and w/c 15th June 2026 across all locations (London Leeds and Edinburgh)

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.