Regulatory Lawyer – 12 Month Fixed Term Contract/Secondment
Division: Legal
Department: Insurance Investments and Redress
National (Edinburgh and Leeds) ranging from £47,200 to £63,000 per annum and London ranging from £50,300 to £67,000 per annum (salary offered will be based on skills and experience)
This role is graded as: Associate – Practising Legal
Your external recruitment contact is Benjamin via [email protected]
Your internal recruitment contact is Katie Ayling via [email protected]
Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted
About the FCA and team
We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective. By joining us, you’ll play a key part in protecting consumers, driving economic growth, and shaping the future of UK finance services.
Our Legal Division provides advice and legal services across the full breadth of FCA activity, including regulatory, policy, enforcement and operational work. We are currently recruiting to a number of vacancies in the Regulatory and Corporate Legal Directorate (R&CL) of the Legal Division.
This position is in the Insurance Investments and Redress team in R&CL which provides advice and other support in relation to all aspects of the conduct regulation of insurers, pension providers and insurance and pensions intermediaries.
The 12 months of the fixed term contract/secondment will be a key period of regulatory development in insurance and pensions. Recent work of the team has involved supporting the business in relation to, among other things, the FCA’s ongoing role in giving effect to parts of the Pension Schemes Act 2026, the FCA’s response to Which’s super-complaint, simplification of the FCA’s insurance rules, FCA’s multi-firm report on value in insurance savings products and FCA’s consultation on improving value for money in pensions, the pure protection insurance market study, a proposed new regime for interactive digital pension planning tools, and the Government’s captive insurers initiative and related FCA policy proposals. Also supporting supervision in relation to interventions against individual firms relating to misconduct, perimeter or solvency issues, and/or proposed reorganisations.
Role responsibilities
Advising on the application and effect of regulatory requirements and powers to ensure firms comply with all applicable rules, legislation and law
Devising and implementing creative and pragmatic solutions
Being fully involved in the FCA’s policy development, including drafting rules and guidance in the FCA Handbook
Interacting with colleagues across the FCA and with government departments and other organisations engaged in financial services such as the Prudential Regulation Authority, HM Treasury, The Pensions Regulator and the Department of Work and Pensions.
Having ownership and responsibility for discrete matters within your skill set, with supervision where appropriate
Skills required
Minimum:
Applicants should be a qualified lawyer (solicitor, barrister or Chartered Legal Executive, or overseas equivalents)
Essential:
Demonstrated 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 motivation, with the necessary oversight and support of colleagues
Ability to create solutions and deliver pragmatic outcome-focused advice
Advising in a clear and reasoned manner and to question constructively
Build and sustain positive relationships and good communication skills
Benefits
25 days annual leave plus bank holidays
Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors)
Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary
Private healthcare with Bupa, income protection, and 24/7 Employee Assistance
35 hours of paid volunteering annually
A flexible benefits scheme designed around your lifestyle
For a full list of our benefits, and our recruitment process as a whole visit our benefits page.
Our values & culture
Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that’s free from discrimination and bias, celebrates difference, and supports colleagues to deliver at their best. 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.
If you require any adjustments due to a disability or condition, your recruiter is here to help - reach out for tailored support.
We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.
Disability Confident: our hiring approach
We’re proud to be a Disability Confident Employer, and therefore, people or individuals with disabilities and long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. In cases of high application volumes, we may progress applicants whose experience most closely matches the role’s key requirements.
Useful information and timeline
Advert Closing: 26th July
CV Review/Shortlist: 28th July
First Stage Interviews W/C: 10th August
Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.
The FCA regulates the conduct of 50,000 firms in the UK to ensure our financial markets are honest, fair and competitive. We do this to make sure markets work well for individuals, businesses, and the economy as a whole. For more information on what we do, our three-year strategy can be found here.
Working inclusively
We work best when we work together. We encourage our people to contribute fully and feel valued, to be innovative and creative by collaborating in an inclusive culture.
We're also committed to reflecting the diverse lived experiences of the communities we work in and the consumers we protect. We have a strategy to achieve a more diverse and inclusive workplace that is free from discrimination. This includes increasing the representation of women in our senior team to 50% and minority ethnic colleagues to 25% by 2025 – representative of the UK population.
We were recently voted 'Employer of the year' at the Women in Finance awards and our commitment to LGBT+ inclusion means we're recognised as a Stonewall Top 100 employer.
Flexible Working
We believe that giving our people greater flexibility fosters an inclusive culture and a healthy work-life balance.
We currently operate a hybrid working model, working up to 40% in the office each month (50% for senior leaders). This way of working applies in our Stratford, Leeds and Edinburgh offices.
We also offer career and family leave provisions, generous annual leave so you can take time off when you need or want to, and a range of other benefits.
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Programme for parents returning to work after Parental Leave? |
We don’t have a formal programme, but we have hired several Returners through the assisted hiring route (working with Women Returners)
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Leadership development programmes? |
Yes – we are launching a female progression programme |
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Mentoring programmess? |
Yes |
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Coaching programmes? |
No |
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Employee-led diversity networks? |
Yes |
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Internal women’s networking groups? |
No |
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Open to discussing flexible work arrangements at interview stage? |
Yes |
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No. of weeks paid maternity leave at full salary: |
52
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Minimum weeks tenure required to be eligible for paid maternity leave: |
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No. of weeks paid paternity leave at full salary: |
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Minimum tenure required to be eligible for paid paternity leave: |
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Gender pay gap reporting information (2024) |
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Average pay gap: |
12.2 % |
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Median pay gap: |
11.5 % |
| For more information visit - FCA pay gap data 2024 | FCA | |
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Signatory of the UK Women in Finance Charter? |
Yes |
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Targets to raise the number of women in leadership? |
Yes – 50% female target across all pipeline roles |
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Targets to raise the number of BAME individuals in leadership? |
Yes |
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Listed in the Bloomberg Diversity & Inclusion Index? |
No |