Prudential Risk Professional

Requirements of the role

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.

Supervision, Policy and Competition (SPC) focuses on market participants and cross market themes with all work contributing to the FCA’s strategic and operational objectives and leading on most of the 3 year strategic business priorities.

Financial Resilience Department The Financial Resilience Department supports the FCA in ensuring that we avoid and minimise harm arising from the disorderly wind down of firms, particularly for more than 40,000 firms the FCA prudentially regulates.

The department undertakes, and supports the rest of the FCA in undertaking, high quality financial and risk analysis of the full spectrum of FCA prudentially regulated firms.  This includes assessing the financial resilience of firms, both for large firms and on a portfolio basis, conducting thematic assessments of risk management practices, monitoring and responding to issues as they arise.

What will you be doing

• Leading financial resilience assessments of firms with diverse business models across the wholesale and retail financial services sectors
• Line managing one associate and providing coaching, oversight and support to other associates in the department
• Communicating the results of our work to both internal and external senior stakeholder
• Assessing the appropriate regulatory tool (or tools) to ensure firms meet appropriate standards of financial resilience
• Supporting front-line supervisors
• Role modelling Judgement, Engagement, Delivery and Self-Management and the FCA values

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