Lawyer, Investigator, Forensic Accountant
Enforcement and Market Oversight Division
Programme: Supported hire into permanent roles
Are you looking for intellectually challenging, meaningful work? There are few jobs where you can make a real difference to the 2 million people who work in the UK Financial Services industry, the 40 million consumers of financial products and the stability of the economy as a whole.
The Financial Conduct Authority (FCA) welcomes professionals who have taken an extended career break to apply for these permanent roles. Successful hires who have taken a career break of 2+ years will receive coaching support through the transition period from Women Returners. As an inclusive employer, the FCA is open to considering flexible working arrangements. Please state if you wish to apply for the role on a flexible basis.
About the Roles
The FCA’s Enforcement function (part of the Enforcement and Market Oversight Division) is responsible for conducting investigations into suspected misconduct and, where appropriate, pursues and remedies misconduct by firms and individuals through criminal, civil and administrative sanctions and orders.
The Enforcement function aims to:
- Be a world leading function, with professional and motivated staff, taking the right cases that have a positive impact on the way financial services work.
- Promote the conduct that supports trusted, orderly and efficient primary and secondary markets.
The FCA is seeking a number of Associates and Advanced Associates for their investigation teams, who may be Investigators, Lawyers or Accountants with a background in any relevant discipline, including criminal law enforcement, regulatory enforcement, and commercial litigation or financial markets. There are vacancies in the following areas of Enforcement:
Retail and Regulatory Investigations – focuses on regulated firms and their management and how they engage with consumers. Typical investigations cover a wide range of issues including mis-selling, anti-bribery and corruption, money laundering, systems and controls failings, individual misconduct and corporate governance failures.
Wholesale Department – conducts investigations into regulatory breaches and criminal offences by firms and individuals operating in the wholesale arena. Typical cases include insider dealing, market manipulation, misleading statements and systems & controls failings in authorised firms.
Unauthorised Business Department – conducts investigations into firms and individuals who are not authorised under the Financial Services and Markets Act 2000. Typical investigations include the investigation of pyramid or Ponzi schemes, land banking, share frauds operated by boiler rooms and pension liberation schemes.
What does the job involve?
The key responsibilities will be:
- Taking on differing degrees of responsibility for cases depending on their nature and complexity, ranging from having independent oversight over smaller cases, to operational oversight for a wider team on larger cases.
- Preparing for, and presenting cases at, internal decision making committees.
- Overseeing and managing the work of Associates and Paralegals and ensuring effective progression of the project in order to reach timely outcomes. Managing external costs.
- Preparing for, and presenting cases at, internal decision making committees.
- Building and maintaining effective working relationships with colleagues in other business areas within the FCA and with external bodies.
- Taking responsibility for drafting of all forms of documents and correspondence with subjects, their legal representatives and witnesses and taking responsibility for quality assurance on cases.
- Leading interviews of subjects and witnesses
- Being a key player in cross-divisional and department projects and initiatives.
- Attending court to give evidence as required.
- Training and coaching staff and being a member of internal expert groups.
- Line managing Paralegals, including being responsible for their professional development and appraisals, and ensuring optimal performance by managing any cases of poor performance or conduct in a timely manner.
- Taking part in recruitment, including identifying suitable candidates and conducting interviews.
You will benefit by gaining an insight into the workings of the financial sector at a considerable time of change, with the opportunity to do meaningful work that makes a real difference. You will work on unique, interesting and often high profile cases and related enforcement action.
Qualifications, Skills & Experience
- Experience in any of the following areas: financial markets; regulatory investigations or litigation; investigations involving serious fraud or other complex financial crime.
- Lawyer – Be a qualified lawyer (at least 5 years PQE) with 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).
- Forensic Accountant – Be CA, ACA or ACCA qualified (or a similar internationally recognised qualification), with at least 5 years PQE, including forensic assignments.
- Investigator – Have extensive experience in financial services, with proven investigative experience.
The FCA is a signatory to the Government’s Disability Confident scheme, and guarantees an interview to any disabled candidates entering under the scheme, should they meet the minimum criteria for a role.
- Ability to form and maintain effective working relationships with peers, management, internal and external stakeholders.
- Ability to assess and analyse bodies of evidence in complex cases, exercising judgement on the evidence and being able to defend those judgements.
- Experienced communicator, capable of presenting analysis clearly and effectively to a variety of recipients, orally and in writing.
- Ability to influence internal and external stakeholders and working constructively with decisions made by others.
- Experienced in developing a project strategy including identifying key risks and putting in place steps to mitigate those risks.
- Ability to lead a team.
About the FCA
The FCA is the conduct regulator for 56,000 financial services firms and financial markets in the UK. The work is intellectually stimulating and rewarding, offering the opportunity to make a positive impact on individuals and the UK economy. You will be part of a thriving professional community and will enjoy a challenging and diverse environment with a range of opportunities for personal and professional development. You will also be supported to develop your career through relevant internal and external learning and training.
Read a recent interview with Mary Starks, FCA Director of Competition, who works as a job-share.
Salary will depend on experience. The salary range will be approximately £50,000 to £85,000 plus a competitive benefits package and non-contributory pension.
This role will be based in London, Canary Wharf, with a planned move in 2018 to a new site in The International Quarter, Stratford.
Stage 1: Please submit your CV using the FCA online portal here: Apply for role. Note: The FCA is looking for Associates and Advanced Associate for all 3 disciplines; although this role links through to an Investigator role only, your application will still be tracked correctly.
Stage 2: Screening – your application will then be forwarded to the recruiting managers.
Stage 3: Selection & assessment process (could be subject to change)
Retail and Regulatory Investigations & Wholesale – Technical and competency based interview.
Unauthorised Business Department – Case study with a technical and competency based interview.
Closing date: Applications for this role close on Sunday 26th November 2017.
If you have any questions, please contact:
Lawyers – Kavi Vadera on email@example.com
Forensic Accountants – Tanzina Begum on Tanzina.firstname.lastname@example.org
Investigators – Shazna Chowdhury on email@example.com
Please tell the FCA that you found out about the opportunity from Women Returners.