About the Role
The Prudential Policy team develops, implements, and maintains prudential regimes for FCA-regulated firms. This role supports the development and enhancement of prudential policies and shapes their interpretation and application.
Responsibilities
- 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.
- Conduct qualitative and quantitative analysis of prudential risks, capital and liquidity adequacy, and firm behaviour to inform policy decisions.
- Monitor market developments, supervisory feedback, and emerging cross sector risks.
- Support engagement with Supervision, Enforcement, Data, HM Treasury, industry bodies and firms.
- Support management of multiple workstreams, ensuring timely delivery of policy outputs, identify dependencies and risks, and propose practical solutions.
Requirements
- 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).
- 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.
- Strong analytical and problem-solving skills.
- Excellent written and verbal communication skills.
- Ability to build effective stakeholder relationships.
- Ability to plan and manage workstreams, including setting milestones, monitoring progress and delivering against agreed timelines.
Location
- National (Edinburgh and Leeds)
- London
Work Type
- Hybrid
Experience Level
- Associate
Salary/Compensations
- National (Edinburgh and Leeds) ranging from £43,100 to £60,000
- London £47,300 to £65,000 per annum
Benefits
- 25 days annual leave plus bank holidays
- 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
- Colleagues spend a minimum of 50% of their working time in the office each month (60% for Directors and Executive Directors) across our London, Leeds and Edinburgh offices
- A flexible benefits scheme designed around your lifestyle
About the Company
- 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).
- 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.
Equal Opportunity
- 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.
- 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.
