At a Glance
- Tasks: Lead risk management and provide strategic oversight within the FCA.
- Company: Join the Financial Conduct Authority, shaping the future of financial services in the UK.
- Benefits: Flexible working, exposure to senior stakeholders, and a pivotal role in transformation.
- Other info: Exciting opportunities for career growth in a dynamic environment.
- Why this job: Be at the forefront of regulatory change and make a real impact on financial services.
- Qualifications: Proven leadership in risk management and strong analytical skills.
The predicted salary is between 75000 - 117800 £ per year.
Financial Conduct Authority – Regulating financial services firms and financial markets in the UK.
Role Overview
The Director of Risk will lead a Directorate within Risk and Compliance Oversight and report directly to the General Counsel and Chief Risk Officer. This role is the second line of defence within the FCA, working with each of the FCA Divisions to manage Own Risks and Risks of Harm, ensuring the FCA achieves its strategy and business plan.
Key Responsibilities
- Oversight of the organisation’s Risk Management Framework, including operationalisation of its Risk Appetite Framework.
- Lead reporting on the organisation’s risk profile to Executive and Board Committees, maintaining and continuously improving strategic risk registers, recommending risk management actions, and identifying risk‑vs‑opportunity trade‑offs.
- Provide clear, accurate, holistic risk‑based advice, guidance and oversight to the organisation, including membership of relevant committees and forums.
- Continuously enhance the FCA’s risk management capabilities, researching, developing and utilising innovative analytical techniques and artificial intelligence.
- Oversee the Risk Assurance team, delivering a risk‑based assurance plan and providing clear oversight on risk management and effectiveness of key controls within the FCA.
- May include oversight of the Compliance function and the Data Protection Officer in due course.
Candidate Benefits
- Join the Senior Leadership Team during an exciting period of change in financial services and regulation.
- Lead a critical function and be at the centre of significant issues facing the FCA, underpinning the transformation agenda.
- Gain exposure to senior stakeholders within the FCA, the Government, and fellow regulators.
Location: London, Edinburgh, Leeds
Contract type: Full time, Permanent
Profession: Director, Financial Services, Risk
Working pattern: Flexible working, Hybrid
Closing date: 25/05/2026
Director (Risk) employer: UK Regulators' Network
Contact Detail:
UK Regulators' Network Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director (Risk)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at the FCA. A friendly chat can give us insights and maybe even a foot in the door.
✨Tip Number 2
Prepare for interviews by diving deep into the FCA's current challenges and strategies. We want to show that we’re not just interested in the role but also in how we can contribute to their mission.
✨Tip Number 3
Practice makes perfect! Mock interviews with friends or mentors can help us refine our answers and boost our confidence. Let’s nail those tough questions together!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, we can keep track of our progress easily.
We think you need these skills to ace Director (Risk)
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Director of Risk role. Highlight your experience in risk management and compliance, and show how it aligns with the FCA's mission. We want to see how you can contribute to our strategy!
Showcase Your Leadership Skills: As a director, you'll be leading teams and influencing decisions. Use your application to demonstrate your leadership style and any relevant achievements. We love seeing examples of how you've driven change and improved processes in previous roles.
Be Clear and Concise: When writing your application, clarity is key! Avoid jargon and keep your language straightforward. We appreciate well-structured applications that get straight to the point while still showcasing your expertise.
Apply Through Our Website: Don't forget to submit your application through our official website! This ensures we receive all the necessary information and helps us keep track of your application. Plus, it’s super easy to do!
How to prepare for a job interview at UK Regulators' Network
✨Know Your Risk Management Framework
Make sure you’re well-versed in the FCA’s Risk Management Framework. Familiarise yourself with their Risk Appetite Framework and be ready to discuss how you would operationalise it. This shows you understand the core of the role and can hit the ground running.
✨Prepare for Strategic Discussions
Since you'll be reporting to Executive and Board Committees, brush up on how to present complex risk profiles clearly and concisely. Think about how you would recommend risk management actions and trade-offs between risk and opportunity. Practising this will help you articulate your thoughts during the interview.
✨Showcase Your Analytical Skills
The FCA is looking for innovative analytical techniques and AI utilisation. Be prepared to share examples of how you've used data analysis in previous roles to enhance risk management capabilities. This will demonstrate your forward-thinking approach and technical expertise.
✨Engage with Stakeholders
As a Director, you’ll need to work closely with various stakeholders. Think of examples where you’ve successfully engaged with senior leaders or cross-functional teams. Highlighting your communication skills and ability to influence will set you apart from other candidates.