Regulatory Lawyer – 12 months fixed term contract (maternity leave cover)
Job Summary
Regulatory Lawyer 12 months fixed term contract (maternity leave cover)
Division:Legal Division
Department:Payment Systems and Competition
Salary:National (Edinburgh and Leeds) rangingfrom 60900 to 81000 per annum and London from 66900 to 89000(salary offered will be based on skills and experience)
This role is graded as:Senior Associate Practising Legal
Applications must besubmittedthrough our online portal. Applications sent via social media or email will not be accepted.
Please include a cover letter with your application. Your CV should clearly highlight the relevant experience and skills that match the role criteria while your cover letter should detail your motivation for applying.
About the FCA and team
We regulate financial services firms in the UK to keep financial markets fair thriving and effective. By joining usyoullplay a key part in protecting consumers driving economicgrowthand shaping the future of UK finance services.
TheFCAsLegal Division provides advice and legal services across the full breadth of FCAandPayment Systems Regulatoractivity including regulatory policyenforcementandoperational work.
The FCA Legal Divisions Payment Systems & Competition Department provides advice to the PSR on its approach to regulation and policy developmentand alsoits compliance and supervision work. It also provides advice to the FCA and PSR on how they each use their functions under competition law.
By joining usyoullplay a key part in protecting consumers and other users of payment systems contributing to economicgrowthand helping improve UK financial services
Role responsibilities
Give high quality risk based legal advice to the PSR and FCA to support better outcomes for consumers and other users of payment systems
Advise on policy development for example consultations
Advise on the application of existing legal requirements to those we regulate including potential areas of non-compliance
Draft requirements (such as PSR directions)
Work with colleagues across the FCA and PSR and with others such as the Bank of England and HM Treasury
Manage a busy and complex workload (withappropriate supportand supervision) with professionalism and through teamwork
Use AI and other technologies appropriately to support high-quality outcomes and efficiency
Uphold our values and culture which underpin our commitment to our colleagues including inclusivity
Skills
Minimum:
A lawyer(solicitor barrister or Chartered Legal Executive or overseas equivalents)entitled to practice in the UK withat least5years PQE
Experience in advising on public law issues (whether in-house at a public sector organisation or an organisation that engages with the public sector at a law firm or in a self-employed role)
Experience in at least one of: regulatory law competition law financial services
Essential:
Well-developed analytical and communication skills
Ability to give practical solution focused advice in writing and orally
An ability to work in demanding situations to understand when to seek support and to work collaboratively
A willingness and aptitude to learn new areas of law and use of technology
An awareness of the FCA and PSRs values (which are the same) and a demonstrable understanding of how they might be applied in practice
The capacity to explore and apply the responsible use of AI and other technologies understanding the benefits while reducing associated risks
Benefits
25days annual leave plus bank holidays
Non-contributory pension (812% 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
Hybrid model where employees work a minimum of 40% in the office each month (expectation of50% for senior leaders). Changing from September toa minimum of 50% in the office each month (expectation of60% for Directors andExecutive Directors)
A flexible benefits scheme designed around your lifestyle
For a full list of our benefits and our recruitment process as a whole visitour benefits page.
Our values and culture
Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: onethatsfree 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 drivesinnovationand delivers better regulation.
If yourequireany 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
Were proud to be aDisability Confident Employerand therefore people or individuals with disabilities and long-term conditions who best meet theminimumcriteria for a role will go through to the next stage of the recruitment cases of high applicationvolumeswemay progress applicants whose experience most closely matches the roles key requirements.
Useful information and timelines
Timeline:
Job advert closes:Midnight14August2026
CV Review/Shortlist:18th August2026
Interview: from the 1st September - 3rd of September
Please include a cover letter with your application. Your CV should clearly highlight the relevant experience and skills that match the role criteria while your cover letter should detail your motivation for applying.
YourRecruiter 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.
Required Experience:
IC
About Company
The Financial Conduct Authority is the conduct regulator for around 50,000 financial services firms and financial markets in the UK and the prudential supervisor for 48,000 firms