Solicitor Or Associate Lawyer (Financial Services / Regulatory)

In-house Legal role with the FSCS (Financial Services Compensation Scheme).

Varied role available for lawyer at either Solicitor or Associate Lawyer level.

About Our Client

For the past 21 years, FSCS has been getting customers of failed authorised financial services firms back on track.

Our strength is in our numbers. Since 2001, we have helped 6.5 million customers and paid £26 billion in compensation. We have continually strived to be better, faster, and more empathetic to our customers’ needs in an ever more complex financial world. Our people have worked together to make sure we can offer protection and reassurance every step of the way, even during the toughest of times. FSCS is an organisation that makes a difference, and in which our people truly make a difference.

We have grown from modest beginnings in 2001 to helping customers during historic events such as the 2008 banking crisis and supporting vulnerable customers during the pandemic. As a result of this success, FSCS has become increasingly respected, insightful, and influential in the UK’s financial services regulatory system. It is an exciting time in our journey as we now have an opportunity to play a bigger role in breaking the cycle of rising consumer harm and costs.

Job Description

We now have a rare opportunity for a regulatory financial services lawyer to join FSCS’s award-winning and friendly Legal Team, which plays an integral role in the delivery of the organisation’s key objectives. The position will be at the Lawyer or Associate Lawyer level and will participate in giving legal support, advice and guidance on all legal issues relating to the operation of FSCS, in service of our customers and internal & external stakeholders.

In this position, the successful candidate will undertake work relating to:

1. Leading on FSCS’s response to the failure of regulated firms to ensure FSCS-eligible consumers are protected.
2. Advice on FSCS’s statutory functions and operations.
3. Supporting external liaison with the FCA, HMT and Bank of England/PRA, other regulators, prosecuting authorities, MPs and other professional bodies as well as dealing with claimants and representatives.
4. Participation in judicial review challenges and other litigation and court applications.
5. Policy/general management matters, including dealing with enquiries as to the role, function or structure of the FSCS.
6. Assisting the FCA, PRA, and HM Treasury in relation to the formulation, drafting and/or implementation of new policy and rules.

Associate Lawyers also help in mentoring and coaching more junior lawyers and external secondees within the team.

FSCS provides a diverse and inclusive workplace – we are committed to ensuring that all of our staff feel valued at work.

The Successful Applicant

You will be a fully qualified solicitor (or barrister) with a working knowledge and demonstrable experience of one or more of the following:

1. Financial services industry and products.
2. Regulatory law.
3. Insolvency law.
4. Financial Services litigation.

What’s on Offer

Salary: £82,000 to £98,280 (dependant on expertise and experience) plus generous benefits.

Working arrangements: London / Hybrid – 40% (per month) minimum in office requirement (2 days per week on average in the office).

Contact

David Taylor
Quote job ref
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Where specific UK qualifications are required we will take into account overseas equivalents. All third party applications will be forwarded to Michael Page.

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