Senior Risk Professional

Salary: National from £49,700 to £68,000 and London £53,300 to £75,000

Are you interested in work which is stimulating, high impact and makes a real difference to people’s lives?

The Role

We are looking for risk professionals to join our Financial Resilience Department (FRD) here at the FCA. FRD’s mission is to provide high quality financial analysis expertise across the firms we prudentially regulate, and to support the FCA more broadly, into meeting its objectives.

The department undertakes, and supports the rest of the FCA in undertaking, high quality financial and risk analysis of the full spectrum of FCA prudentially regulated firms. This includes assessing the financial resilience of firms, both for large firms and on a portfolio basis, conducting thematic assessments of risk management practices, monitoring and responding to issues as they arise.

What you will be doing
- Supporting financial resilience assessments of firms with diverse business models across the wholesale and retail financial services sectors
- Ensuring we are efficient in delivering high quality assessments/analyses in a timely manner
- Assessing the appropriate regulatory tool (or tools) to ensure firms meet appropriate standards of financial resilience
- Providing coaching, oversight and support to associates in the department
- Supporting front-line supervisors
- Role modelling Judgement, Engagement, Delivery and Self-Management and the FCA values
- Ability to understand the FCA's approach to the prudential regulation of financial institutions and knowledge of the different prudential regimes'

What will you get from the role?

Working in the Financial Resilience Department, you will have a rare opportunity to understand and shape the workings of the financial sector at a time of considerable change. You will enjoy a unique aerial view of the financial services industry, with the opportunity to do meaningful work that makes a real difference.

You will have the opportunity to work with and influence a wide range of industry professionals, both internally and externally to the FCA we place great value on your learning and we offer world-class development opportunities which will assist you in achieving your career aspirations.

This is an incredibly interesting time to join the FCA’s team of prudential experts. You will get the opportunity to:

- Input and be part of the prudential and supervisory framework for 43,000 financial services firms in the UK
- Contribute to a challenging and varied portfolio of work, working on high-profile issues, in an intellectually stimulating environment where creating thinking and problem solving are essential
- Work with and influence a range of industry professionals both within and outside the FCA
- Work in a stretching environment, to grow your expertise at Europe’s largest prudential regulator

Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your lifecycle. You can use this allowance to purchase additional benefits such as dental or cycle to work or you have the option top up your base salary by taking this as cash.

Core benefits that you will receive as standard are:

- 25 days holiday per year plus bank holidays.
- Private healthcare with Bupa.
- A non-contributory 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 support hybrid working which means you will be able to work from home up to 60% of the time over a month with the remainder of your time in one of our three office locations.

The skills and experience you will have

Minimum
- Experience of at least one business model of the firms regulated by the FCA and the risks inherent in them
- Show experience of presenting issues and judgements on critical matters to senior stakeholders both within and external to an organisation

Essential
- Prudential risk management and regulatory frameworks
- Dealing with complex prudential issues
- Analysing and assessing information and providing a considered view both orally and in writing
- Leading projects to time and quality
- Being a team player who demonstrates an inclusive approach and the impact and influence to generate shared goals for the Department
- Ability to influence senior individuals

About the FCA

The FCA regulates the conduct of 50,000 firms in the UK to ensure our financial markets are honest, fair and competitive. We do this to make sure markets work well for individuals, businesses and the economy as a whole. For more information on what we do, our three-year strategy can be found

here.

The FCA's Values & Diversity

Our ambition is to cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences and simi