Lead Prudential Policy Associate

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  Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.

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.

• 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 work streams, 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.

• Prior experience in financial services regulation, policy development, or prudential risk management.
• Proven ability to lead and deliver multiple high-profile, long-term work streams, 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.

• 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.

• 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…