Senior Risk Specialist in Midlothian

Job title: Senior Risk SpecialistDivision: Supervision, Policy and CompetitionDepartment: Financial Resilience DepartmentSalary: National (Edinburgh and Leeds) ranging from 53,800 to 72,000 and London from 59,200 to 80,000 per annum (Salary offered will be based on skills and experience)This role is graded as: Senior Associate, RegulatoryYour external recruitment contact is Tahir via Tahir.khan1@fca.org.ukYour internal recruitment contact is Isabelle via Isabelle.Groves@fca.org.uk. Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.About the FCA and teamWe 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 responsibilitiesConduct and support in-depth financial resilience assessments across a diverse portfolio of wholesale and retail firms, identifying vulnerabilities and help safeguard consumers, markets and financial stability giving you exposure to complex business modelsDeliver high-quality analysis and recommendations that support timely, evidence-based regulatory decisions and are well informed and effectiveEvaluate and apply the most appropriate regulatory tools, helping firms meet financial resilience standards, deepening your knowledge in prudential regulation and enhancing your decision-making capabilityCoach and mentor Associate colleagues, sharing technical expertise and supporting capability across the team whilst developing your own people management skillsCollaborate closely with front line supervisors, contributing to joined up regulatory outcomes, expanding your network and deepening your understanding of supervisory practicesDemonstrate sound judgement, effective stakeholder engagement and personal accountability, acting as a role model for FCA values and behavioursApply prudential regulatory frameworks across a range of firm types and business models, building technical knowledge and gain regulatory insightEngage professionally with senior internal and external stakeholders, providing clear advice, shaping outcomes, building alignment and contributing to strategic workSkills requiredMinimum:Demonstrable knowledge and experience in prudential risk management and regulatory frameworks, enabling effective assessment of firm resilience and regulatory compliancePrior experience of FCA-regulated firms, including an understanding of their business models and the risks they faceDemonstrable experience of assessing, managing, challenging, or making decisions on risk and financial resilience within regulated financial institutionsEssential: Demonstrated ability to navigate and resolve complex prudential issues, applying sound judgement to deliver balanced and well-reasoned outcomesDemonstrated analytical capability with the ability to interpret complex information and articulate clear, evidence-based views, both verbally and in high-quality written outputsExperience leading projects to completion within defined timelines and quality standards, ensuring delivery of robust and reliable outcomesA collaborative professional with a commitment to inclusion, able to build relationships, influence stakeholders, and promote alignment towards shared departmental objectivesExperience in coaching and mentoring colleagues on professional and technical subjects, contributing to capability development and knowledge sharing within the teamBenefits25 days annual leave plus bank holidaysNon-contributory pension (8–12% depending on age) and life assurance at eight times your salaryPrivate healthcare with Bupa, income protection, and 24/7 Employee Assistance35 hours of paid volunteering annuallyColleagues 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 officesA flexible benefits scheme designed around your lifestyleFor a full list of our benefits, and our recruitment process as a whole visit our benefits page.Our values and 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 timelines Advert Close Date: 27th September 2026CV Review/Shortlist: 29th September – 1st October 2026First Interview: from 8th October 2026Your 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.SummaryLocation: London; Leeds; EdinburghType: Full time