At a Glance
- Tasks: Advise on financial services regulation and compliance for major UK banks and FinTechs.
- Company: Tier 1 UK law firm renowned for expertise in financial services regulatory law.
- Benefits: Competitive salary, professional development, and opportunities to work with leading partners.
- Other info: Collaborative environment with opportunities for client engagement and mentoring.
- Why this job: Join a dynamic team shaping the future of financial regulation in the UK.
- Qualifications: 5+ years PQE in financial regulatory law with strong knowledge of consumer credit.
The predicted salary is between 70000 - 90000 £ per year.
A major Tier 1 UK law firm, widely recognised for its expertise in financial services regulatory law, is seeking to hire an experienced Financial Services Regulation Lawyer with deep knowledge of regulated lending and banking. This is a strategic hire for the team’s next phase of growth. It will suit a lawyer with a strong track record in advising on regulated consumer lending products, retail financial services, and compliance with the Consumer Credit Act and FCA requirements.
The firm advises nearly every major UK retail bank and building society, acting as trusted regulatory counsel on both core product lines and innovative new offerings. You’ll work directly with leading partners and senior in-house legal and compliance teams on matters at the heart of the UK’s evolving regulatory landscape.
- Advising on regulated lending frameworks, including consumer credit and regulated mortgage agreements.
- Drafting, reviewing and structuring consumer-facing documentation, including hire-purchase agreements, credit cards, point-of-sale finance, and regulated mortgages.
- Providing strategic regulatory advice in relation to the Consumer Credit Act 1974, the Mortgage Credit Directive, FCA Handbook, and broader financial services legislation.
- Supporting clients on product design, regulatory perimeter analysis, and FCA authorisation and supervision issues.
- Advising on the regulatory impact of new legislation, policy developments, and consumer protection reforms.
- Working closely with corporate, commercial and disputes teams on the regulatory aspects of M&A, joint ventures, enforcement and internal investigations.
- Managing relationships with General Counsel and senior stakeholders at banks, building societies, FinTechs, and retail finance arms.
They are looking for an experienced and technically strong financial regulatory lawyer with:
- 5+ years PQE gained at a leading City, national or international law firm, or a combination of private practice and in-house legal experience within a regulated financial institution.
- Detailed and demonstrable knowledge of regulated lending and consumer credit, including the Consumer Credit Act 1974, FCA CONC, and mortgage regulation.
- Strong track record in advising retail financial services providers on compliance, conduct risk, and product development.
- Familiarity with regulated mortgage contracts, hire purchase agreements, and retail credit frameworks (including BNPL and digital lending models) is highly advantageous.
- A pragmatic, client-facing approach and a clear ability to simplify complex regulations for commercial application.
- Appetite for client engagement, thought leadership, and mentoring junior lawyers.
- Experience working with large banking clients or building societies – particularly those under dual regulation by the PRA and FCA.
FS Reg Banking Lawyer in London employer: Buchanan
As a leading Tier 1 UK law firm, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to excel in their careers. With a strong focus on professional development, we offer extensive training and mentorship opportunities, ensuring that our lawyers are well-equipped to navigate the complexities of financial services regulation. Located in the heart of the city, our firm provides a dynamic environment where you can engage with top-tier clients and contribute to shaping the future of retail banking and consumer lending.
StudySmarter Expert Advice🤫
We think this is how you could land FS Reg Banking Lawyer in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Buchanan. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace FS Reg Banking Lawyer in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Buchanan.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Buchanan's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Buchanan
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Buchanan.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Buchanan will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Buchanan employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
