Senior Risk Portfolio Associate

Financial Conduct Authority; Greater London; Hybrid; GBP 70,000 - 99,000; Full time

Benefits offered by this job

Hybrid working

25 days holiday + bank holidays

Private healthcare with Bupa

Non-contributory pension

Life assurance

Income protection

Job summary

Financial Conduct Authority is seeking an expert in risk management for payments firms and digital assets. You will join the Risk team within the Cross Cutting Delivery Department to report to committees, gather insights across PDA/PSR, and support supervision and policy with strong data analysis and stakeholder management.

You will work with senior audiences, distil complex risks into actionable insights, and help shape sector-wide risk strategies in a collaborative, evolving environment.

Qualifications

• Demonstrable experience of effective stakeholder management and building and sustaining strong relationships across multiple engagement channels.
• Demonstrable knowledge of UK financial services regulation.
• Demonstrable expertise in risk analysis and understanding of the payments landscape.
• Experience working across teams to deliver shared outcomes and cross-functional collaboration.
• Strong analytical skills to analyse large volumes of data and draw concise conclusions, using data tools and AI where appropriate.

Responsibilities

• Report into relevant committees and be a main point of contact with the risk team.
• Identify and prioritise cross-cutting risks across payments and digital assets.
• Monitor and report risk mitigations to leadership with clear actions.
• Distil insights from across portfolios to inform governance and strategy.

Skills

Risk analysis

Stakeholder management

Regulatory knowledge

Data synthesis

Senior stakeholder comms

Strategic thinking

Tools

AI capability

Job description

• 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 Payments & Digital Assets directorate (PDA), the Cross-Cutting Delivery Department supports payments and digital finance to develop sector wide strategies and support supervision and policy making through effective risk management, governance, operational efficiency and collaborative partnership with stakeholders
• The Risk team within the Cross Cutting Delivery department is responsible for delivering the first line of defence of risk management for payments firms, digital assets and payment systems
• We have an exciting opportunity for an expert in risk management of payments firms (electronic money institutions/payments institutions) and/or cryptocurrency, tokenised assets, stable coin or other digital assets to join our team
• As the new Department is taking shape, we expect the successful applicant will be working with and supporting other teams within the department as we establish the various functions and ways of working
• You will be responsible for reporting into relevant committees, including cross-cutting committees, and will be expected to maintain a good understanding of the wider payments and digital assets risk landscape. You will be one of the main points of contact with the risk team, gather insights from across PDA and PSR that will feed into the team’s view of developments and priorities across sectors, and you will distil and presents insights to leadership teams
• Working with a wide range of stakeholders, you will bring together insights across portfolios to identify and prioritise risks, including cross-cutting ones, assess the impact of our risk mitigations and maintain a coherent view of risks and opportunities across PDA/PSR
• The ideal candidate will have expertise in at least one of the payments, payment systems or digital assets sectors. You will work closely with sector risk leads across a wide and complex risk landscape and will take responsibility for the management and identification of cross-cutting risks, monitoring and reporting activities in these areas
• Together with the senior associates overseeing each sector, you will ensure risks are managed appropriately, have documented actions and controls in place, and are reported in accordance with existing governance. You will work with a wide range of stakeholders, often in situations without direct authority
• You will be working with minimal supervision and presenting work in persuasive ways to senior audiences, conducting analysis on a wide set of risks affecting the payments and digital assets portfolios. You will be comfortable commissioning information, conducting your own research, synthesising large amounts of data, and presenting these in concise, compelling ways to a range of audiences
• You will be expected to assess how our regulatory interventions impact the market and prepare analyses that show which risks and opportunities should be prioritised. You will analyse data, possess solid data analysis skills, and draft concisely and persuasively

Benefits

• Hybrid working (work from home up to 60% of your time)
• 25 days holiday per year plus bank holidays
• Private healthcare with Bupa
• A non-contributory Pension of at least 8%
• Life assurance
• Income protection

Demonstrable experience of effective stakeholder management and building and sustaining strong, collaborative relationships, using clear and effective communication across multiple engagement channelsDemonstrable knowledge of UK financial services regulationDemonstrable expertise in risk analysis and good understanding of the payments landscapeExperience working across teams and disciplines to deliver shared outcomesSolid analytical skills to analyse large volumes of data and information and draw pertinent conclusions, through experience of using data analysis tools and AI capabilityDemonstrable experience managing and engaging senior stakeholders, including at senior/executive level, both internally and externally, including by tailoring written messages to the audienceA growth mindset, with curiosity to learn, ability to handle unexpected changes and readiness to take on new responsibilities and adjust to shifting prioritiesAbility to stay effective even when working in uncertainty, willing to learn and iterate to improve productsExperience of developing and improving how risk is managed, including developing and implementing performance and impact assessment frameworksAbility to work in a collaborative and inclusive ways that build support, balance priorities and contribute to wider organisational goals, while challenging appropriatelySound judgement underpinned by data, evidence and insight to inform decisions and actions