Prudential Risk Associate

Financial Conduct Authority; City of Edinburgh; Hybrid; GBP 43,000 - 58,000; Full time

Job summary

A regulatory body for financial services is seeking a Prudential Risk Associate. In this role, you will lead assessments to enhance financial resilience, supporting markets and protecting consumers. The successful candidate will have proven experience in risk management and strong communication skills. Enjoy a hybrid work model with up to 60% remote work and various benefits including private healthcare and an inclusive culture. Interested applicants must submit their CVs by December 18th.

Benefits

25 days annual leave plus bank holidays

Hybrid work model

Non-contributory pension

Private healthcare

Paid volunteering time

Qualifications

• Prior experience in financial resilience and risk management.
• Ability to influence stakeholders effectively.
• Strong communication skills for complex issue clarification.

Responsibilities

• Lead financial resilience assessments and analysis.
• Deliver high-quality analysis and outputs.
• Coach supervisors and handle prudential queries.
• Translate analysis into actionable insights.

Skills

Judgement

Communication

Relationship Building

Team Collaboration

Job description

Job title: Prudential Risk Associate

Division: Supervision, Policy and Competition

Department: Financial Resilience

• Salary: National (Edinburgh and Leeds) ranging from £43,100 to £57,433 and London from £47,300 to £63,033 (salary offered will be based on skills and experience)
• This role is graded as: Associate, Regulatory
• Your recruitment contact is Shafika 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 within the Specialist Directorate, the Financial Resilience department (FRD) leads the FCA’s efforts to minimise consumer and market harm from weaknesses in firms’ financial resilience by setting standards through rules and guidance, and by providing specialist supervision and data capabilities.

Role responsibilities

• Lead and support financial resilience assessments and analysis to strengthen stability across prudential risks, business models, and structured finance products, helping safeguard markets and protect consumers.
• Deliver high quality assessments and analysis efficiently, ensuring timely, accurate outputs that enable informed outcomes and regulatory confidence.
• Handle prudential queries and coach supervisors, providing clear guidance and building capability to enhance compliance and industry best practice.
• Drive impactful and influential work, translating analysis into actionable insights that shape policy and strengthen financial resilience.
• Role model FCA values and behaviours, demonstrating Judgement, Engagement, Delivery, and Self-Management to inspire collaboration and integrity.

Skills required

Minimum:

• Prior experience of using sound judgement and making logical and timely decisions, cutting through complexity, weighing risks and implications.
• Proven experience in financial resilience, including risk management, accounting, audit, compliance, and related regulatory roles.
• Demonstrable experience of communicating complex issues clearly and succinctly to internal and external audiences, both orally and in writing, while effectively identifying and managing key stakeholders.

Essential:

• Builds rapport and constructive relationships, makes a strong personal impact, and influences outcomes through well reasoned arguments, challenging appropriately and fostering collaboration.
• Ability to influence individuals at firms whilst maintaining the integrity of messages that may need to be conveyed and ensuring consistency of outcomes.
• A good team player who demonstrates an inclusive approach and the impact and influence to generate shared goals for the Department.

• Understanding the FCA's approach to the regulation of financial institutions.
• Understanding of prudential risk management and regulatory frameworks, including have a background of risk and stress-testing experience.

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 & 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: 18th December (midnight)
• CV Review/Shortlist: 22nd December
• First Interview: w/c 5th January

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.