About Us

At the FCA, we help to protect financial consumers and make markets work well by regulating over 50,000 firms.

Our ambition is to become a more innovative, more assertive and more agile regulator; one that fully capitalises on data and technology and works to ensure we deliver an appropriate degree of consumer protection and maintain market integrity.

We’re looking for bright, enthusiastic and articulate graduates to join our diverse and highly capable teams across the FCA.

About the Programme

Programme Length: Two years

Programme Type: Rotational

The Risk and Compliance Oversight Division (R&CO) is the FCA’s second line of defence. We work in partnership with senior management, members of the Board and colleagues across the organisation to ensure the effective management of Own Risks (operational, execution and public confidence risks) to enable the FCA’s management of Risks of Harm which could threaten the achievement of the FCA’s statutory objectives.

We provide the organisation with tools and processes, as well as expertise, advice and challenge on the effectiveness of risk management across the business. The Division also handles independent investigations and complaints into the FCA’s own conduct. As a colleague in R&CO you have the opportunity to get involved in a variety of second line work, including:

Enhancing and implementing our Risk Management Framework
Providing ongoing guidance and oversight of risk management
Providing assurance
Reporting the quality and effectiveness of risk management and decision-making to executive and board committees
Managing Independent Reviews
Compliance Oversight
Complaints Investigations

Working in R&CO, you will be an impartial voice in the FCA, providing strong, independent oversight of the organisation’s activities and approach, through challenge and assurance.

You will gain exposure to a wide variety of business areas and to some of the most important programmes of work across the organisation, including Business Plan priorities, giving you an important understanding of how the organisation operates.

Learning & Development

As a graduate in Risk and Compliance Oversight, you’ll have the opportunity to study towards an Apprenticeship, Professional Qualification or enrol on a development pathway relevant to your graduate programme. We will also give you the support you need to develop your career at the FCA.

What we look for

We value diversity of thought and therefore welcome applications from graduates from any degree discipline. You need to be resilient, analytical and confident in using your judgement to provide an opinion, oversight and challenge.

You will be curious and able to gather relevant information whilst building relationships across the organisation. An interest in governance, risk management, and compliance is beneficial.

What we offer

We’re committed to making the FCA a great place to work. We do this by:

providing a rewarding environment, recognising that our people are motivated by meaningful work
maintaining a strong commitment to diversity and inclusion, allowing people to develop and progress without barriers
looking after the well-being of our people, ensuring that they are safe and well and appropriately cared for
promoting an environment in which people are valued and respected

Beyond this, we offer all our graduates a competitive range of benefits, including:

Base salary of £36,000
Flexible working options
Private health care
Career and family leave
Non-contributory pension
Charity and volunteering initiatives
Minimum of 25 days’ holiday
Sports and social clubs
Subsidised on-site fitness centre (London only)
Free eye tests
Subsidised restaurant
Interest-free season ticket loans.

Please Note

We only accept ONE application per person for our 2023 programmes, therefore, please apply to your first-choice programme. Any additional applications will not be progressed.
For the 2023 Risk and Compliance Oversight Graduate Programme, submit your online application by Sunday 11th December 2022. However, we recruit on a rolling basis and therefore encourage early applications.
Applicants must have obtained or be on track to achieve a minimum 2:1 degree from any university.
Applicants for the 2023 graduate programmes must have graduated or be in their final year of study.

Risk and Compliance Graduate Programme 2023