Prudential Policy Associate
Job title: Prudential Policy Associate
Division: Supervision, Policy and Competition
Department: Financial Resilience
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Salary: National (Edinburgh and Leeds) ranging from £43,100 to £60,000 and London £47,300 to £65,000 per annum (Salary offered will be based on skills and experience)
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This role is graded as: Associate, Regulatory
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Your external recruitment contact is Shafika via Shafika.shaikh@fca.org.uk
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Your internal recruitment contact is Isabelle via Isabelle.groves@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).
Within SPC, the Prudential Policy team (Specialists Directorate) develops, implements, and maintains prudential regimes for over 46,000 FCA-regulated firms. The team develops and maintains prudential regimes including IFPR/MIFIDPRU, MIPRU, IPRU, and prudential requirements for payments, e money and cryptoasset firms. The team works closely with Supervision and other FCA functions to support firm-level assessments and improve financial resilience across the sector.
Role responsibilities
This is an exciting opportunity for anyone looking to build a career in prudential policy and risk management. You will contribute to the development and enhancement of important prudential policies and help shape how prudential standards are interpreted and applied across FCA-regulated firms.
You will be responsible to
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Support the design, review, and enhancement of FCA prudential regimes, including IFPR/MIFIDPRU, MIPRU, IPRU, and prudential standards for payments, e money and cryptoasset firms
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Conduct qualitative and quantitative analysis of prudential risks, capital and liquidity adequacy, and firm behaviour to inform policy decisions
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Monitor market developments, supervisory feedback, and emerging cross sector risks
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Support engagement with Supervision, Enforcement, Data, HM Treasury, industry bodies and firms
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Support management of multiple workstreams, ensuring timely delivery of policy outputs, identify dependencies and risks, and propose practical solutions
Skills required
Minimum
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Prior experience in prudential regulation or risk management within a financial services regulator or a regulated firm (e.g. investment firm, bank, payments or e-money firm)
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Working knowledge of prudential frameworks, with substantial experience in one or more of: Basel standards (CRR/CRD), IFPR, payments and e-money regimes, ICAAP, ILAAP or ICARA
Essential
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Strong analytical and...