Senior Associate (Prudential Policy)

Requirements of the role

The Supervision, Policy & Competition (SPC) Division 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 strengthen financial resilience across the sector.

Role responsibilities:

This is a policy role for an experienced prudential specialist. You will support the development/enhancement of high-impact prudential policy, exercise significant regulatory judgement, and shape how prudential standards are interpreted and applied across FCA-regulated firms.

You will be responsible to:

• 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 deep qualitative and quantitative analysis of prudential risks, capital and liquidity adequacy, and firm behaviour to inform policy decisions and senior leadership advice
• Monitor market developments, supervisory feedback, and emerging cross‑sector risks, translating these into proportionate policy responses
• Engage extensively with Supervision, Enforcement, Data, HM Treasury, industry bodies and firms, including leading consultations and representing the FCA externally
• Provide technical advice and briefings to senior management, support colleagues across the organisation with interpretation and application of policy and offer guidance to firms on compliance with new or amended rules
• Support management of multiple workstreams, ensuring timely delivery of policy outputs, identify dependencies and risks, and propose practical solutions

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