Job title: Senior Risk Portfolio Associate Division: Supervision, Policy & CompetitionDepartment: Cross-Cutting DeliverySalary: National (Edinburgh and Leeds) ranging from 53,800 to 62,000 and London 59,200 to 69,000 (salary offered will be based on skills and experience)This role is graded as: Senior Associate -RegulatoryYour Internal recruitment contact is Louis Van Den Burg via external recruitment contact is Tahir Khan via
If you are considering sending an application, make sure to hit the apply button below after reading through the entire description.
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 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.
Role responsibilities: 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 teamsWorking 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/PSRThe 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 areasTogether 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 authorityYou 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 audiencesYou 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 persuasivelySkills required: Minimum: Demonstrable expertise in risk analysis and good understanding of the payments landscapeDemonstrable 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 regulationEssential: Ability to stay effective even when working in uncertainty, willing to learn and iterate to improve productsSolid analytical skills to analyse large volumes of data and information and draw pertinent conclusions, through experience of using data analysis tools and AI capabilityExperience of developing and improving how risk is managed, including developing and implementing performance and impact assessment frameworksExperience working across teams and disciplines to deliver shared outcomesDemonstrable experience managing and engaging senior stakeholders, including at senior/executive level, both internally and externally, including by tailoring written messages to the audienceAbility 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 actionsA growth mindset, with curiosity to learn, ability to handle unexpected changes and readiness to take on new responsibilities and adjust to shifting prioritiesBenefits:25 days annual leave plus bank holidaysColleagues 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 officesNon-contributory pension (8β12% 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 annuallyA 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 & CultureOur 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 β 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. xohmjla Useful Information and Timeline Job advert close: Sunday 25th October at 23:59pmCV Review/Shortlist: 27th β 29th OctoberInterviews: 2nd β 6th NovemberYour 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
Senior Risk Portfolio Associate in Vauxhall employer: Financial Conduct Authority (FCA)
The FCA is an exceptional employer, offering a dynamic work environment where you can make a significant impact on the financial services industry. With a strong commitment to employee development, a diverse and inclusive culture, and comprehensive benefits including private healthcare and generous leave, you'll find ample opportunities for growth and collaboration in our Edinburgh, Leeds, and London offices. Join us to be part of a team that values innovation and integrity while shaping the future of UK finance.
Contact Details:
Financial Conduct Authority (FCA) Recruitment Team