Associate - FS Regulatory (Cross Border Unit) in City of Westminster

Associate - FS Regulatory (Cross Border Unit) in City of Westminster

City of Westminster Full-Time 55000 - 65000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage cross-border client projects and provide practical regulatory advice.
  • Company: Dynamic financial services firm with a focus on innovation and collaboration.
  • Benefits: Competitive salary, bonuses, private medical insurance, and hybrid working model.
  • Other info: Opportunity for career growth and to work with cutting-edge AI solutions.
  • Why this job: Gain expertise in global financial regulations while making a real impact.
  • Qualifications: 3-7 years' PQE in financial services regulation and strong relationship-building skills.

The predicted salary is between 55000 - 65000 £ per year.

The CBU supports clients in managing cross-border business through outsourced support, cyclical reviews, strategic advice and multi-jurisdictional projects. This work ranges from day-to-day operational support to complex regulatory change programmes with senior client accountability. The team leverages a proprietary global regulatory database, maintained through a network of local law firms across more than 150 jurisdictions. Combined with insights from client work and engagement with local counsel, this enables the CBU to provide a fully integrated, single point of contact for global regulatory issues.

Associates develop a strong understanding of how financial services are regulated across jurisdictions, allowing them to assess client operating models, identify key issues and form initial views. They manage and instruct local counsel where required, ensuring advice is focused, commercially aligned and rigorously reviewed before delivery. Given the scale and variety of work, Associates must be adaptable and able to present analysis clearly across formats, from detailed reports to high-level executive summaries. A structured, process-driven approach is essential, including maintaining accurate operational and financial records and contributing to continuous improvement.

Responsibilities

  • Responsible for day to day management of allocated client projects and ensuring clients receive commercial, practical advice within set time limits.
  • Drafting and preparing client advice as well as reviewing and commenting on advice drafted by external counsel and/or internal colleagues and/or AI.
  • Responsible for supervising junior members of the CBU and/or members of the wider financial services regulatory team.
  • Building and developing client relationships, including attending meetings and calls as required.
  • Building and developing internal relationships and external counsel relationships.
  • Researching new areas of regulation / new financial services / products as required.
  • Assist with drafting of pitches for new work and presenting to clients.
  • Supporting senior project leads, as required, including monitoring for scope creep and flagging where work is outside of the agreed fee arrangement.
  • Ensuring collaboration and solid working relationships between CBU and navigator team.
  • Reviewing and suggesting improvements for processes / procedures, including the use of AI.
  • Providing training and development for the CBU.
  • Ensuring that fee agreements made with clients and external counsel are logged accurately, to support timely billing and effective cost management.

Qualifications

  • Applicants will ideally have 3-7 years' PQE, gained in a leading City firm or in-house role with a primary focus on financial services regulation.
  • Excellent academics.
  • Ability to build and maintain constructive relationships and networks with a variety of different individuals at different levels of seniority, both internally and externally.
  • Ability to influence and persuade at all levels, confidently and in an articulate manner.
  • Ability to manage a varying workload with competing time pressures.
  • Effective use of delegation.
  • Strong client focus and commercially driven - keenness to demonstrate the navigator services offer to potential subscribers and train existing users.
  • Able to manage a diverse and inclusive team.
  • Willingness to embrace and deploy AI, and support others in doing so.

Note

Competitive compensation package, including bonuses, private medical insurance, and pension contribution. Hybrid working model available with a minimum of three days in-office, subject to role and client needs. Integration of traditional legal expertise with innovative Simmons & Simmons Solutions.

Associate - FS Regulatory (Cross Border Unit) in City of Westminster employer: Simmons & Simmons

As an Associate in the Cross Border Unit at Simmons & Simmons, you will thrive in a dynamic work culture that values innovation and collaboration. With competitive compensation, comprehensive benefits including private medical insurance and a pension contribution, and a hybrid working model, we prioritise employee well-being and professional growth. Our commitment to integrating traditional legal expertise with cutting-edge solutions ensures that you will be at the forefront of financial services regulation, gaining invaluable experience across multiple jurisdictions while building strong client relationships.

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Contact Details:

Simmons & Simmons Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Associate - FS Regulatory (Cross Border Unit) in City of Westminster

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 Simmons & Simmons. 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 Associate - FS Regulatory (Cross Border Unit) in City of Westminster

Financial Services Regulation
Project Management
Client Relationship Management
Analytical Skills
Communication Skills
Drafting and Reviewing Legal Advice
Supervisory Skills

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 Simmons & Simmons.

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 Simmons & Simmons'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 Simmons & Simmons

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 Simmons & Simmons.

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 Simmons & Simmons 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 Simmons & Simmons 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.