Prudential Policy Associate

Prudential Policy Associate

Salary:
National (Edinburgh and Leeds) ranging from £43,100 to £60,000 and London £47,300 to £65,000 per annum (Salary offered will be based on skills and experience)

This role is graded as:
Associate, Regulatory

Your external recruitment contact is Shafika via

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).

Within SPC, the Prudential Policy team (Specialists Directorate) develops, implements, and maintains prudential regimes for over 46,000 FCA-regulated firms. The team develops and maintains prudential regimes including IFPR/MIFIDPRU, MIPRU, IPRU, and prudential requirements for payments, e money and cryptoasset firms. The team works closely with Supervision and other FCA functions to support firm-level assessments and improve financial resilience across the sector.

This is an exciting opportunity for anyone looking to build a career in prudential policy and risk management. You will contribute to the development and enhancement of important prudential policies and help shape how prudential standards are interpreted and applied across FCA-regulated firms.

• Support the design, review, and enhancement of FCA prudential regimes, including IFPR/MIFIDPRU, MIPRU, IPRU, and prudential standards for payments, e money and cryptoasset firms
• Conduct qualitative and quantitative analysis of prudential risks, capital and liquidity adequacy, and firm behaviour to inform policy decisions
• Monitor market developments, supervisory feedback, and emerging cross sector risks
• Support engagement with Supervision, Enforcement, Data, HM Treasury, industry bodies and firms
• Support management of multiple work streams, ensuring timely delivery of policy outputs, identify dependencies and risks, and propose practical solutions

• Prior experience in prudential regulation or risk management within a financial services regulator or a regulated firm (e.g. investment firm, bank, payments or e-money firm)
• Working knowledge of prudential frameworks, with substantial experience in one or more of:
  Basel standards (CRR/CRD), IFPR, payments and e-money regimes, ICAAP, ILAAP or ICARA

• Strong analytical and problem-solving skills
• Excellent written and verbal communication skills
• Ability to build effective stakeholder relationships.
• Ability to plan and manage work streams, including setting milestones, monitoring progress and delivering against agreed timelines

• 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
• Colleagues 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 offices
• A flexible benefits scheme designed around your lifestyle

For a full list of our benefits, and our recruitment process as a whole visit our benefits page.

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…