Job Title: Lead Prudential Policy Associate
Division: Supervision, Policy & Competition
Department: Financial Resilience
Salary: National (Edinburgh and Leeds) ranging from £59,100 to £80,250 and London from £64,900 to £90,350 (salary offered will be based on skills and experience)
This role is graded as: Lead Associate – Regulatory
Your recruitment contact is Tahir Khan via tahir.khan1@fca.org.uk. 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, 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 in the Specialists Directorate, the Prudential Policy team develops, implements, and maintains prudential regimes for over 46,000 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 FCA’s prudential objectives in domestic and international forums
Skills required
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
25 days annual leave plus bank holidays
Hybrid model with up to 60% remote work
Non-contributory pension (8–12% 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 and culture
Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that’s 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
We’re 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 process. In cases of high application volumes we may progress applicants whose experience most closely matches the role’s key requirements.
Useful information and timelines
CV Review/Shortlist: 19th November
First Interview: w/c 24th November
Job advert close: 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.