Junior Lawyer, Regulatory, Financial Services 1

at  EY

LONDON

EY is seeking a Junior (1-3 PQE) Regulatory Lawyer to join our Financial Institutions Law team within our FS Consulting business. Based from our Canary Wharf office the role is client facing and will report to a Manager or Senior Manager within the team.
Our Financial Institutions Law team focusses on regulatory transformation and compliance affecting the financial services sector. We integrate fully within EY, both in the UK and globally, and leverage the existing growth platforms that EY already has, with their extensive list of clients, resources and global presence.
We work across all financial services sectors, including banking, wealth and asset management, and insurance, and with our counterparts across the global EY network to provide multi-jurisdictional advice.
We provide our people with a supportive, collaborative, team environment with exceptional experience and training. There will be a focus both on legal skills and, as importantly (and as one would expect from a team which is a fully integrated part of EY), there will also be a focus on helping our people fulfil their potential by developing a broader skill set.

SKILLS AND ATTRIBUTES FOR SUCCESS

We’re looking for people with a willingness to embrace a new challenge, in a non-traditional legal services environment. You should be dedicated to client service and innovation, with a positive attitude and willingness to be a team player. You must have outstanding time management skills and a growth mindset.

YOUR KEY RESPONSIBILITIES

• Delivering and taking responsibility for exceptional client service, consistently producing high quality work, demonstrating technical competence and insight
• Building and maintaining relationships with clients and within EY
• Supporting with client accounts, including client care requirements and financial management, preparing proposals, participating in pitches
• Build networks and relationships internally and externally to drive the team’s and Law’s strategy
• Participating in team and firm events, giving internal and external presentations, and producing expert articles for publication, contribute to people initiatives, including retaining and training law professionals

TO QUALIFY FOR THE ROLE, YOU MUST HAVE SOME OR ALL OF THE FOLLOWING:

• Around 1-3 years PQE.
• Please note, the PQE levels indicated are offered as a guide only and we would welcome applications from all candidates who demonstrate the necessary skills to succeed.
• Experience working in the Financial Services Regulatory Practice (Non-Contentious and/or Contentious) of a leading UK City or Regional law firm (or equivalent), professional services firm, or regulator.
• Practical experience within the financial services industry (either through secondments, working in-house or prior career).
• Willingness to learn new concepts with minimal guidance.
• A good grasp of the regulatory landscape in the UK and EU, and a broad understanding of major international regulatory initiatives including FSMA, PDS2, EMD2, AIFMD, UCITS, MIFID II, IDD, EMIR, Financial Crime legislation (including MLRs, MAR, POCA, etc.).
• Knowledge of the UK regulatory perimeter, including application of, and issues relating to, the RAO, FPO, CIS Order, PCIS, PSRs, and other statutory instruments or European regulations that have direct effect.
• Knowledge or experience working on contentious and or conduct or financial crime-related investigations – including Section 166 Reviews, Regulatory Attestations, Principle 11 Notifications and or FCA / PRA remediation exercises etc.
• Knowledge or experience providing regulatory transaction support both M&A and corporate reorganisation (i.e., legal project management, transaction due diligence, inputting to SPAs, transitional services agreements, Part VII Transfers, FS Insolvency Processes and or assisting regulatory notifications for change in control).
• Knowledge or experience of supporting firms with FCA/PRA licensing processes including authorisations, variation of permission, notifications under AIFMD/UCITS, deauthorisation process, etc.
• Knowledge or experience working on large-scale, regulatory compliance and transformation programmes.
• Financial Services experience, specifically banking, wealth & asset management and/or insurance sectors.