At a Glance
- Tasks: Join us as an Associate Lawyer, advising on regulatory requirements and developing creative legal solutions.
- Company: The FCA ensures fair financial markets for millions, regulating 42,000 firms across the UK.
- Benefits: Enjoy 25 days holiday, hybrid working, private healthcare, and a flexible benefits scheme tailored to you.
- Why this job: Work at the forefront of financial regulation, gaining invaluable experience and contributing to consumer protection.
- Qualifications: Qualified lawyers with up to 3 years PQE are welcome; strong analytical and communication skills are essential.
- Other info: We promote diversity and inclusivity, offering support for various employee resource groups and flexible work arrangements.
The predicted salary is between 47200 - 70800 £ per year.
Division – Legal
Salary – National (Edinburgh and Leeds) ranging from £47,200 to 70,800 and London £49,700 to 74,500 per annum (Salary offered will be based on skills and experience)
About the FCA
The FCA regulates the conduct of 42,000 firms in the UK to ensure our financial markets are honest, fair and competitive. We are looking for talented lawyers who are willing to learn quickly, engage openly and rise to the challenge of working in an organisation that makes a difference to the lives of the millions of people who use financial services.
These roles are across the Regulatory and Corporate Legal Directorate departments within the Legal Division. The Legal Division provides constructive advice and legal services across the full spectrum of FCA activities, whether regulatory, policy, enforcement or operational.
The Legal Division departments cover the following areas of work:
- Market access, market conduct, trading and securitisation
- Investments, insurance, pensions and redress
- Payments, credit, competition and claims management
- Funds and wholesale markets
- Prudential, Governance and operations
What will you be doing?
- Advise on the application and effect of regulatory requirements and powers to ensure firms comply with all applicable rules, legislation and law
- Devise and implement creative and pragmatic solutions
- Be fully involved in the FCA’s policy development including drafting rules and guidance in the FCA Handbook
- Have a strong sense of accountability and contribution for your actions
What will you get from the role?
- Work at the forefront of financial regulation and consumer protection on a range of matters including those complex and often high-profile legal issues
- Acquire broader experience of financial services regulation, of how a regulator works and of how law and regulation is made
- Develop adaptability and organisational skills
- Join a diverse, empowering, and nurturing workplace
- Interact with colleagues across the FCA and with government departments and other organisations engaged in financial services such as the Bank of England and HM Treasury on exciting and pioneering projects
Which skills are required?
- Minimum Applicants must be qualified lawyers (solicitor, barrister, Chartered Legal Executive, or overseas equivalent), including those who are newly qualified to 3 years PQE (in house, public sector or private practice)
- Strong analytical skills and the ability to deliver good and clear analysis of issues
- Ability to learn about new or novel legal issues quickly and with enthusiasm, with the necessary oversight and support of colleagues
- Ability to create solutions and deliver pragmatic outcome-focused advice
- Ability to advise in a confident and reasoned manner, and to challenge appropriately
- Ability to build and sustain positive relationships and good communication skills
Our Values & Diversity
We are proud to be an inclusive employer and our ambition is to cultivate a culture for all employees that respects their individual strengths, views, and experiences. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation, and delivers better regulation.
Benefits of working at the FCA
- 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% of basic salary each month (there are several contribution levels that increase depending on your age – up to 12% a month once you reach age 35)
- Life assurance of eight times your basic salary
- Income protection
- We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.
Application Support
We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.
Useful Information and Timeline
- This role is graded as Associate - Practising Legal
- One or more fixed term contract opportunities may also be available
- Advert Closing Date: 8th June
- CV Review/shortlist: from 9th June
- First Round Interview: w/c 23th June
- Second Round Interview: w/c 7th July
Please ensure that your CV clearly outlines your experience and ability to meet the criteria for the role as described above. Your CV must be a maximum of three A4 pages and should be submitted as a single document via the FCA Careers Portal.
If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.
Associate Lawyers employer: Financial Conduct Authority
Contact Detail:
Financial Conduct Authority Recruiting Team
Raimonda.Stankute@fca.org.uk
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Lawyers
✨Tip Number 1
Familiarise yourself with the FCA's regulatory framework and recent developments in financial services law. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with current or former FCA employees on platforms like LinkedIn. Engaging with them can provide valuable insights into the company culture and expectations, which can be beneficial during your application process.
✨Tip Number 3
Prepare for potential interview questions by practising how to articulate your analytical skills and problem-solving abilities. Use examples from your previous experience that showcase your ability to deliver pragmatic legal advice.
✨Tip Number 4
Stay updated on current issues in financial regulation and consumer protection. Being able to discuss these topics intelligently during interviews will set you apart as a knowledgeable candidate who is ready to contribute.
We think you need these skills to ace Associate Lawyers
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is specifically tailored to the Associate Lawyer role at the FCA. Highlight relevant legal experience, skills, and qualifications that align with the job description, particularly your analytical skills and ability to provide pragmatic solutions.
Focus on Key Skills: Emphasise your strong analytical skills and your ability to learn quickly about new legal issues. Provide examples of how you've successfully advised clients or colleagues in a confident and reasoned manner.
Keep it Concise: Your CV should be a maximum of three A4 pages. Be concise and ensure that every word counts. Use bullet points for clarity and to make it easy for the hiring team to scan through your qualifications and experiences.
Submit Through the Correct Channel: Remember to submit your application via the FCA Careers Portal. Applications sent via email will not be accepted, so double-check that you are using the correct online submission process.
How to prepare for a job interview at Financial Conduct Authority
✨Understand the FCA's Role
Before your interview, make sure you have a solid grasp of what the FCA does and its impact on financial services. Familiarise yourself with their regulatory framework and recent initiatives to demonstrate your genuine interest in the role.
✨Showcase Your Analytical Skills
As an Associate Lawyer, strong analytical skills are crucial. Prepare examples from your past experiences where you successfully analysed complex legal issues and provided clear, pragmatic solutions. This will highlight your ability to think critically under pressure.
✨Demonstrate Adaptability
The FCA values adaptability, especially in a fast-paced environment. Be ready to discuss situations where you had to learn quickly or adapt to new legal challenges. This will show that you can thrive in a dynamic workplace.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Practice articulating how you would approach specific regulatory challenges or legal dilemmas, ensuring you convey your thought process clearly and confidently.