Enforcement Investigator

Job Title: Enforcement Investigator

Division: Enforcement & Market Oversight

Department: Retail and Regulatory Investigations

• Salary: National (Edinburgh and Leeds) ranging from £47,200 to £62,900 and London from £50,300 to £67,000 (salary offered will be based on skills and experience)

• This role is graded as: Associate – Level 8 - Practising Legal

• For Internal candidates, your recruitment contact is Rhianna via [email protected]

• For External candidates, your recruitment contact is Riley 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.  

Enforcement & Market Oversight (EMO) is responsible for the FCA’s responsibilities for market monitoring, delivery of the functions of the UK Listing Authority (UKLA) and the investigation and prosecution of misconduct using the whole spectrum of criminal, civil and administrative sanctions and remedies against firms and individuals.

Retail and Regulatory Investigations (RRI) investigates potential misconduct by regulated firms and individuals working within those firms, involved in retail banking, stockbroking, asset management, mortgage broking and lending, insurance intermediation, financial advice, consumer credit and payment services. We take action against firms that sell unsuitable products or services to consumers, mishandle client money and assets, or have governance and systemic issues.  We also investigate financial crime matters including fraud and misconduct related to AML systems and controls.

Role responsibilities

Associates are involved at every stage of the investigation process, supporting your team, developing your knowledge and sharing your experience, which includes:

• Taking on differing degrees of responsibility for a mixture of cases depending on their nature and complexity.  This could range from playing a leading role in smaller cases with management oversight, to working as part of a wider team on larger more complex cases

• Progressing a portfolio of investigations, managing your work to meet competing deadlines. Obtaining evidence through the use of appropriate tools and powers and developing the case team’s understanding. Exploring detailed evidence and making recommendations

• Drafting all forms of case documents (which may include witness statements, civil orders, statutory notices and papers going before the Regulatory Decision Committee) and correspondence with investigation subjects, their legal representatives and witnesses

• Participating in challenging interviews of subjects and witnesses using compulsory powers, on a voluntary basis and under caution

• Preparing for and presenting cases at, internal case committees when required

• Where appropriate, provide legal advice to the case team and where appropriate take responsibility for the preparation of privileged correspondence

Skills required  

Minimum:

• Prior experience of analysing large amounts of information and producing summaries which make conclusions and draw out key findings

• You must hold a valid practising certificate issued by the Solicitors Regulation Authority for England and Wales (if a solicitor), or the General Council of the Bar for England and Wales (if a barrister) (or a similar internationally recognised qualification)

Essential:

• Demonstrated experience supporting and progressing investigations or complex projects involving large volumes of information

• Ability to build and maintain effective working relationships with internal and external stakeholders, including in challenging or sensitive contexts

• Experience working collaboratively across multidisciplinary teams and managing competing priorities across multiple workstreams

• Clear written and verbal communication skills, including producing clear, structured written outputs and presenting findings or recommendations

• Relevant experience in financial services and/or fraud investigation/litigation

Benefits

• 25 days annual leave plus bank holidays

• Colleagues spend a minimum of 50% of their working time in the office each month (60% for Directors and Executive Directors) across our London, Leeds and Edinburgh offices

• 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: 6th September at 11:59pm

• CV Review/Shortlist: 8th September

• Interviews: w/c 21st September

• 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.