Lead Interventions Associate, Financial Conduct Authority
£69.7-85k
Salary dependent on location
Financial regulation service
Be an early applicant
Financial regulation service
1001+ employees
Be an early applicant
£69.7-85k
Salary dependent on location
1001+ employees
Company mission
To enable a fair and thriving financial services market for the good of consumers and the economy.
Role
Who you are
- This role is graded as: Lead Associate – Practicing Legal
- Qualified lawyer, with a valid practising certificate issued by the Solicitors Regulation Authority for England and Wales (if a solicitor), or the General Council of the Bar for England and Wales (if a barrister) (or a similar internationally recognised qualification allowing you to practice within the England and Wales)
- Prior significant post qualification experience in any of the following areas: contentious financial services or other regulatory investigations or proceedings; financial markets; investigations involving serious fraud or other complex financial crime; complex litigation or disputes
- Demonstrable experience of managing and progressing a challenging and varied caseload involving a range of legal processes, balancing your own workload and responsibilities with appropriate delegation to junior staff
- Ability to analyse complex evidence in order to form a view as to what action is warranted, what further evidence may be required/available and how it might be obtained
- Capacity to manage a range of competing tasks efficiently, set priorities effectively, and meet agreed deadlines
- Effective communication skills in order to present the outcome of analysis clearly and effectively, orally and in writing
- Ability to exercise own judgement and defend those judgements where necessary and appropriate and to adapt advice in light of limited or changing evidence
- Ability to advise, mentor and delegate work to other more junior colleagues
- Effective relationship management skills to build and maintain effective working relationships with colleagues within your team and department, in other business units, with external bodies and with regulated firms and their representatives
- Ability to thrive whilst managing a varied, changing and urgent caseload, maintaining appropriate progress across your portfolio of cases
What the job involves
- 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
- Enforcement & Market Oversight (EMO) is responsible for the FCA’s responsibilities for market monitoring, delivery of the functions of the UK Listing Authority (UKLA) and the investigation and prosecution of misconduct using the whole spectrum of criminal, civil and administrative sanctions and remedies against firms and individuals
- Sitting within the Retail and Regulatory Investigations Directorate, the Retail 4 Interventions teams in Enforcement provide strategic support, guidance and legal advice across Supervision to allow us to effectively intervene to prevent harm to consumers and the industry and seek to assist firms in establishing and maintain high regulatory standards
- Progressing a portfolio of demanding interventions, often with tight deadlines, without close day to day oversight
- Clear, accurate drafting of all forms of interventions documents (including statutory notices, legal advice notes and Tribunal documents)
- Presenting to senior stakeholders with credibility, including at internal committee meetings and in meetings with external legal advisors
- Building and maintaining effective working relationships with colleagues in other areas at all levels within the FCA, regulated firms and their representatives and with external bodies
- Overseeing the work of others within your team including more junior staff
- Escalating to management key issues and trends arising on cases
- Contributing to training, knowledge sharing and being a point of escalation on technical matters
- Line managing L8/L9 Associates where appropriate/required, including being responsible for their professional development and appraisals, and ensuring optimal performance by managing any cases of poor performance or conduct in a timely manner
Application process
- Advert Closing: 16th June
- CV Review/Shortlist: 18th June
- Case study/Interviews: w/c 29th June
- Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time
Our take
Developed on the back of the Financial Services Act of 2012, the Financial Conduct Authority is a regulatory body that acts as a regulator for financial firms, ensuring the integrity of the financial markets in the UK. Broadly focused on financial companies that provide consumer services, it’s governed by the Bank of England and therefore acts independently of the government.
The FCA is responsible for regulatory innovations, such as stronger customer authentication requirements, including biometric and code requirements for payments, that have clamped down on fraud and improved security for national consumers. The FCA also introduced the Anti-Money Laundering Supervision in 2017.
The organisation’s independence from government ensures its impartiality as a regulator. In the late 2010s, it set up the cryptoasset registration, a department responsible for ensuring the legality of crypto payments. This has become an important aspect of national counter terrorism measures, and exemplifies the complex and vital work that the organisation carries out.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- 25 days holiday per year plus bank holidays
- Hybrid working (work from home up to 60% of your time)
- Private healthcare with Bupa
- A non-contributory Pension of at least 8%
- Life assurance
- Income protection
Company HQ
Stratford Cross, London, UK
Leadership
Nikhil Rathi
(CEO)Previously the Private Secretary to UK Prime Ministers Tony Blair and Gordon Brown and was the Chief of Staff and Director of International Development at the London Stock Exchange. Studied at St Anne's College Oxford.
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