At a Glance
- Tasks: Lead risk management initiatives and advise senior stakeholders on best practices.
- Company: Join the FCA, a key regulator ensuring fair financial markets in the UK.
- Benefits: Enjoy hybrid working, 25 days holiday, private healthcare, and a generous pension scheme.
- Why this job: Be at the forefront of financial regulation while fostering a diverse and inclusive workplace.
- Qualifications: Experience in risk management and strong communication skills are essential.
- Other info: Flexible working arrangements available; we support diversity and inclusion.
The predicted salary is between 59100 - 70000 Β£ per year.
Lead Risk Advisor
Division β Risk & Compliance Oversight
Salary – National (Edinburgh and Leeds) ranging from Β£59,100 to Β£70,000 and London Β£64,900 to Β£75,000 per annum (Salary offered will be based on skills and experience)
About the FCA
The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. Follow this link to find out more About the FCA .
We are looking for a talented and experienced risk professional who is willing to learn quickly and engage openly, to join the FCAβs Risk & Compliance Oversight Division (R&CO) β the second line of defence.
This is a pivotal role that supports the business in identifying, assessing, and managing risks across two critical areas: Finance & Corporate Services and the Change Directorate.
You will act as a trusted advisor to senior stakeholders, providing expert guidance on risk management practices, embedding a strong risk culture, and ensuring that risk is considered in all key decisions.
What will you be doing?
- Partnering with the business on all aspects of risk management including inputting into committee papers and risk reports with clear opinions on key skills
- Collaborating with R&CO and the wider FCA, to drive continuous improvement to enhance the control environment
- Promoting the Risk Management Framework and System
- Being the primary face of R&CO representing the division on key changes initiatives as well as working with R&CO colleagues to provide support, advice and opinions on the change portfolio
- Developing and maintaining collaborative and constructive working relationships with stakeholders across the FCA at various levels
What will you get from the role?
- You will work at the forefront of financial services regulation and consumer protection on a range of important and exciting matters including complex cross-organisational projects/programmes
- Engaging with a wide range of FCA colleagues on a variety of subjects
- You will be an impartial voice providing strong, independent oversight
- Working in a diverse, inclusive and supportive environment
- Coaching, mentoring and providing guidance to team members which may involve the allocations of work
Which skills are required?
We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme Click Here)
Minimum
- Prior demonstrable experience in risk management, ideally in financial risk and/or business change related risk, including familiarity with risk management processes and frameworks
- Prior experience n leading complex projects/tasks, delivering pragmatic outcome focused solutions
Essential
- Excellent communication and stakeholder management skills. Communicating confidently and credibly with the ability to influence and challenge effectively at all levels
- Understanding the importance of a flexible, proactive and positive approach and outlook
- Ability to apply initiative, work as a team player and motivate others to deliver analytical mindset with the ability to interpret complex data and translate it into actionable insights
- Ability to take the lead on the most complex projects and tasks, planning efficiently and delivering effectively, considering appropriate prioritisation and how work aligns with team and Divisional outcomes
- Experience advising on risk in the context of business transformation or change programmes
- Proven experience in identifying, assessing and mitigating risks with a strong understanding of the design and implementation of effective controls ability to manage complex information to extract key risks and issues and to identify strategic trends, \’join the dots\’ and to propose pragmatic solutions to real problems
Our Values & Diversity
We are proud to be an inclusive employer and our ambition is to cultivate a culture for all employees that respects their individual strengths, views, and experiences. 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.
Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.
Did you know? 50% of our Executive Committee were the first in their family to attend university.
Benefits of working at the FCA
- 25 days holiday per year plus bank holidays
- Hybrid working (work from home up to 60% of your time)
- Private healthcare with Bupa
- A non-contributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age β up to 12% a month once you reach age 35)
- Life assurance of eight times your basic salary
- Income protection
We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.
We welcome applications from candidates who are looking for flexible arrangements. Many of our staff work flexibly including working part-time, staggered hours, and job shares. We canβt promise to give you exactly what you want but we can explore what might work best for both sides.
Follow this link to see what life is like at the FCA – Life at the FCA
Application Support
We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.
If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.
Useful Information and Timeline
- This role is graded as Lead Associate – Regulatory
- Advert Closing Date: Tuesday 7th August (midnight)
- CV Review/Shortlist: Thursday 11th August
- First Round Case Interview: W/C 11th August
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.
Got a question?
If you are interested in learning more about the role, please contact:Cameron.Nunn@fca.org.uk
Applications must be submitted through our online portal. Applications sent via email will not be accepted.
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Lead Risk Advisor employer: Financial Conduct Authority
Contact Detail:
Financial Conduct Authority Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Lead Risk Advisor
β¨Tip Number 1
Familiarise yourself with the FCA's Risk Management Framework and System. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role and your proactive approach to risk management.
β¨Tip Number 2
Network with current or former employees of the FCA, especially those in risk management roles. Engaging in conversations can provide you with insider knowledge about the company culture and expectations, which can be invaluable during the interview process.
β¨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed risks in previous roles. Tailoring your experiences to align with the responsibilities outlined in the job description will showcase your suitability for the position.
β¨Tip Number 4
Stay updated on current trends and challenges in financial regulation and risk management. Being knowledgeable about recent developments will allow you to engage in meaningful discussions during interviews and show that you're passionate about the field.
We think you need these skills to ace Lead Risk Advisor
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in risk management, particularly in financial risk and business change. Use specific examples that demonstrate your ability to lead complex projects and deliver outcome-focused solutions.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the FCA's mission. Clearly outline how your skills and experiences align with the responsibilities of the Lead Risk Advisor position, especially your communication and stakeholder management abilities.
Showcase Your Analytical Skills: Provide examples in your application that illustrate your analytical mindset. Discuss how you've interpreted complex data and translated it into actionable insights, as this is crucial for the role.
Prepare for Interviews: If selected for an interview, be ready to discuss your previous experiences in detail. Prepare to explain how you have identified, assessed, and mitigated risks in past roles, and be prepared to share your approach to fostering a strong risk culture.
How to prepare for a job interview at Financial Conduct Authority
β¨Understand the Risk Management Framework
Familiarise yourself with the FCA's Risk Management Framework and System. Be prepared to discuss how you can promote and embed this framework within the organisation, showcasing your understanding of risk management processes.
β¨Demonstrate Stakeholder Management Skills
Highlight your experience in managing relationships with stakeholders at various levels. Prepare examples of how you've effectively communicated and influenced decisions in previous roles, especially in complex projects.
β¨Showcase Your Analytical Mindset
Be ready to discuss how you interpret complex data and translate it into actionable insights. Prepare to share specific instances where you've identified risks and proposed pragmatic solutions based on your analysis.
β¨Emphasise Your Leadership Experience
Discuss your experience in leading complex projects and tasks. Provide examples of how you've motivated teams and ensured successful outcomes, particularly in the context of business transformation or change programmes.