Regulatory Risk Manager (FCA/HMRC) in London/Hybrid - National Employment Savings Trust (NEST)

London/Hybrid

£60,000 - £65,000 (depending on experience)

Permanent

Not Specified

37.5 Working Hours - (Flexible)

19 Nov 2025

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Regulatory Risk Manager (FCA/HMRC)

*Please note we only accept online applications.*

Role Overview

Are you looking for a new opportunity? The chance to use your skills and talents to do something a little different? The Regulatory Risk Manager (FCA/HMRC) is a new role within the Regulatory Risk Team, you'll provide advice and support to the wider business on the impacts of the rules set by FCA and HMRC, whether those are impacting the day to day operation of the scheme or the way that we want to develop our member, employer and third party propositions. You'll also manage our relationships and engagement with FCA and HMRC as they apply to the delivery of the scheme and the changes we're looking to make to our proposition to support our members to, and through, retirement - and that will require you to build effective internal relationships at all levels, and to become a truly trusted partner to your internal customers.

We'll provide you with the opportunity to lead internal delivery, and to help shape policy, supporting one of the largest pension schemes in the country - providing access to pensions for more than 13 million members and pension services to more than a million employers - in a supportive environment that prioritises people. In return, you'll bring your skills in managing internal and/or regulatory relationships, your ability to advise non-specialists on complex regulatory issues, and your knowledge of regulatory requirements across FCA and HMRC.

The minimum criteria for this role are:

Experience of delivering compliance advisory services related to FCA regulation and HMRC’s regulatory regimes
Experience of providing pragmatic risk based advice to the business on interpretation of regulation
Able to influence senior stakeholders to enable the delivery of regulatory change
Able to work collaboratively with internal customers to effectively assess and mitigate regulatory impacts

Don't worry if you think you don't have all the key skills, it might be worth taking the few minutes to apply as we're good at spotting potential and offer a generous training budget.

Please download a full job description to find a full scope, deliverables, experience and personal attributes required for this role.

Flexible and agile working

Everyone's personal situation is different.

To make the most out of hybrid working, we've introduced different ways of working, which include (subject to role requirements):

hybrid of office (Canary Wharf, London) and home working (there will be an expectation to attend the office, once - twice a week, or more, as required)
reduce or vary working hours
reduce or vary the days worked
work compressed hours
job share

Click here to see the benefits we offer at Nest.

For more information about our recruitment process click here

Directorate/Department Overview

The Risk Directorate comprises the Risk Oversight team, the Technical Risk and Data Protection team and the Regulatory Risk team. As a second line function, it provides advice, constructive challenge and support to the business on risk.

The Regulatory Risk team provides advisory services and regulatory stakeholder management across the regulatory regimes for occupational pension schemes, authorised master trusts, pensions tax and the interaction of our member proposition with FCA's regulatory remit. The team works with colleagues in operational, proposition development and market engagement teams, as well as counterparts in outsourced suppliers, to ensure that activities and planned developments are delivered in line with agreed risk appetites; and engages with regulators on an open and honest basis to ensure compliance, and to provide the opportunity for Nest to engage with regulatory development. The team also works with second line assurance and teams to enable effective challenge and oversight in relation to our regulatory responsibilities.

Reporting to the Head of Regulatory Risk, we are seeking a highly organised and proactive individual with proven advisory and stakeholder management skills to support our development and delivery activities across the FCA and HMRC regulatory environments.

Organisational Overview

Nest is an award-winning workplace pension scheme, the largest in the country.

Set up by the government to give every worker in the UK somewhere to save, our first-class responsible investment practice and governance are the backbone of what we do, supported by all the functions you’d expect to find in a thriving business. We’re committed to creating a workplace where you can be your authentic self and offer an inclusive and flexible working environment.

Diversity, Equity and Inclusion

Everyone is welcome to apply for our roles, and we are determined to ensure that no applicant or employee receives less favourable treatment because of their age, disability, gender identity, marital status, national origin, pregnancy or caring responsibilities, race, religion/belief, sex, sexual orientation or socio economic background.

We also recognise the importance of diversity of thought and other forms of neurocognitive variation.

Nest is a Disability Confident Leader, which is the highest level of the Disability Confident Scheme. If you have a disability, please declare that you’re applying through the scheme.

We aim to offer an interview to those applicants who apply through the Disability Confident Scheme and best meet the minimum criteria. However, there may be some circumstances where this is not possible due to the volume of applications.

Please note that this advert may close early if we receive a sufficient number of satisfactory applications.

If you have any difficulty in sending your application or need the application pack in an alternative format, or you require any reasonable adjustments please contact: [email protected].

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