Lead Prudential Policy Associate

Financial Conduct Authority; Greater London; Hybrid; GBP 64,000 - 91,000; Full time

Job summary

A financial regulatory body is seeking a Lead Prudential Policy Associate to lead the development of high-impact prudential standards. The role involves conducting analyses, liaising with stakeholders, and managing multiple workstreams. Candidates must demonstrate a strong understanding of financial services regulation, excellent communication skills, and the ability to lead initiatives. This position supports a hybrid working model and offers competitive pay and comprehensive benefits.

Benefits

25 days annual leave plus bank holidays

Hybrid model with up to 60% remote work

Non-contributory pension (8–12%)

Private healthcare with Bupa

Paid volunteering opportunities

Flexible benefits scheme

Qualifications

• Prior experience in financial services regulation, policy development, or prudential risk management.
• Proven ability to lead and deliver multiple high-profile, long-term workstreams.
• Proven experience assessing prudential risks with quantitative and qualitative analytical skills.
• Excellent written and verbal communication skills.
• Strong working knowledge of prudential frameworks.

Responsibilities

• Lead development of high-impact prudential standards.
• Conduct qualitative and quantitative analysis of policies.
• Liaise with internal and external stakeholders.
• Provide technical advice and briefings to senior management.
• Manage multiple workstreams to ensure timely delivery of outputs.
• Review the work of junior staff and provide training.

Skills

Financial services regulation

Policy development

Prudential risk management

Analytical skills

Communication skills

Stakeholder leadership

Job description

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 [e-mail]. 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 45,000 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 development and enhancement of high-impact prudential standards set by the FCA. These standards cover 45,000 firms, which are prudentially supervised by the FCA. This includes MIFIDPRU/IFPR, MIPRU, IPRU and prudential standards for cryptoasset firms, payments and e-money firms.
• Conduct qualitative and quantitative analysis to assess the impact of existing and proposed policies, monitor regulatory trends, market developments, and emerging risks, and prepare evidence-based recommendations for the senior leadership team.
• Liaise with internal teams (Supervision, Enforcement, Data) and external stakeholders (industry bodies, Treasury, firms), organise consultations, respond to feedback during policy development, and represent the FCA at meetings, panels, and industry events.
• 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 1–2 team members.

Skills required

Minimum

• Prior experience in financial services regulation, policy development, or prudential risk management.
• Proven ability to lead and deliver multiple high-profile, long-term workstreams, balancing competing priorities, tight deadlines, and resource constraints.
• Proven experience assessing prudential risks and identifying emerging or cross-sector issues using well developed quantitative and qualitative analytical skills.

Essential

• Senior-level judgement and autonomy, with the ability to rapidly develop expertise, set direction on complex issues, and deliver high-impact initiatives with minimal oversight.
• Excellent written and verbal communication skills, with the ability to present complex prudential, regulatory, and policy issues clearly and confidently to senior internal and external stakeholders.
• Strong working knowledge of prudential frameworks or assessment processes, including the Basel standards, IFPR, and payments and e-money regimes, and/or ICAAP, ILAAP, and ICARA, and their role in ensuring adequate capital and liquidity.
• Strong collaboration and stakeholder leadership skills, including building trusted relationships, shaping consensus, and navigating differing or competing interests in a regulated environment.

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.

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 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 Timeline

• Job advert close: 28th January at 23:59pm.
• CV Review/Shortlist: 30th January.
• 30 min pre-interview screen call by Hiring Manager: w/c 9th February 2026.
• Case Study and Interview: w/c 16th February.

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.