Senior Financial Risk Specialist

Division: Supervision, Policy and Competition

Department: Financial Resilience Department

Salary: 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, Regulatory

About the FCA and team

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 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 responsibilities

• Conduct and support in-depth financial resilience assessments across a diverse portfolio of wholesale and retail firms, helping protect the stability and safety of the financial system, giving you exposure to complex business models and important regulatory work.
• Support the delivery of high quality, timely analysis, ensuring regulatory decisions are well informed and effective, building your reputation for precision and efficiency in a demanding environment.
• Evaluate and apply the most appropriate regulatory tools, helping firms meet financial resilience standards, deepening your knowledge in prudential regulation and enhancing your decision-making capability.
• Coach and mentor associates within the team, building capability and confidence, while developing your own leadership and people management skills.
• Collaborate closely with front line supervisors, contributing to joined up regulatory outcomes, expanding your network and deepening your understanding of supervisory practices.
• Role model judgement, engagement, delivery, and self-management, aligned with FCA values, positioning yourself as a trusted and credible professional within the organisation.
• Apply and deepen your understanding of prudential regulation frameworks, working across different regimes, enhancing your technical knowledge and broadening your regulatory knowledge.
• Collaborate with senior stakeholders and engage across varying prudential regimes, shaping outcomes and building alignment, giving you visibility and the opportunity to contribute to important strategic work.

Skills required

• Minimum: Prior experience of at least one business model of the firms regulated by the FCA.
• Prior experience of the risks inherent in the business models of financial services firms.
• Demonstrable experience of presenting issues and judgements on critical matters to senior stakeholders both internal and external to an organisation.
• Essential: Demonstrable knowledge and experience in prudential risk management and regulatory frameworks, enabling effective assessment of firm resilience and regulatory compliance.
• Demonstrated ability to navigate and resolve complex prudential issues, applying sound judgement to deliver balanced and well-reasoned outcomes.
• Demonstrated analytical capability with the ability to interpret complex information and articulate clear, evidence-based views, both verbally and in high quality written outputs.
• Experience leading projects to completion within defined timelines and quality standards, ensuring delivery of robust and reliable outcomes.
• A collaborative professional with a commitment to inclusion, able to build relationships, influence stakeholders, and promote alignment towards shared departmental objectives.
• Experience in coaching and mentoring colleagues on professional and technical subjects, contributing to capability development and knowledge sharing within the team.

Benefits

• 25 days annual leave plus bank holidays.
• 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.
• Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors).
• A flexible benefits scheme designed around your lifestyle.

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: 7th June 2026
• CV Review/Shortlist: 9th June 2026
• First Interview: W/C 15th June 2026
• We are recruiting for a 3-headcount position across three managers.