Associate, Financial Services Regulatory

Allens; Melbourne; On-site; AUD 120,000 - 180,000; Full time

Benefits offered by this job

Remuneration & incentives

Hybrid working

Parental leave (26 weeks)

Linklaters secondments

Wellbeing programs

Job summary

Allens in Melbourne or Sydney seeks an Associate for our Financial Services Regulatory team to advise on major regulatory matters across the banking and lending sector. You will work on product disclosures, regulatory change projects and disputes while supporting M&A activity.

The role offers hybrid work with 60% in-office presence, and a path to specialise in financial services regulatory with global opportunity through our alliance with Linklaters.

Qualifications

• 2–3 years PQE in financial services regulatory practice.
• Experience in consumer credit and AML/CTF law.
• Interest in banking, non-bank lending and wagering sectors.

Responsibilities

• Advise major clients on regulatory matters under applicable acts.
• Draft terms, product disclosure statements and regulatory change projects.
• Support regulatory disputes and related M&A activities.

Skills

Financial services regulatory

Consumer credit

AML/CTF

Education

Law degree / Qualified solicitor (Australia)

Job description

Your role

The Financial Services Regulatory practice sits within our

Your role

The Financial Services Regulatory practice sits within our Funds, Superannuation & Financial Services (FSF) team and acts on some of the most complex and interesting financial services, consumer credit and AML/CTF regulatory matters in the market. As an Associate in our market leading Financial Services Regulatory team, you will advise some of Australia's largest organisations on the application of the National Consumer Credit Protection Act 2009, the Corporations Act 2001, the Anti-Money Laundering and Counter-Terrorism Financing Act 2006, the ePayments Code, the Banking Code of Practice, the Australian Securities and Investments Commission Act 2001 and the Banking Act 1959. Our clients include major, regional and international banks, leading buy-now-pay-later providers, non-bank financiers, and national and international payment platform operators. You'll be given the opportunity to work on strategically and reputationally significant matters for our clients on matters like new product and business development (including drafting terms and conditions and product disclosure statements), regulatory change projects, remediation activities, regulator engagement, compliance uplift and ongoing strategic advice. You'll also support our broader clients in regulatory disputes (specifically in the area of AML/CTF) and general M&A activities. This is a permanent, full-time opportunity based in Melbourne or Sydney. Hybrid working (60% in the office) is how we work however flexibility matters at Allens, so if you are seeking hybrid working or are looking for flexibility in your work, we would be happy to discuss what arrangements would work best for you.

About You

You will have:

• At least 2-3 years PQE and experience gained from working in a financial services regulatory practice, ideally from a leading top tier, national or international firm, or a large in-house team
• Experience in consumer credit and/or AML/CTF law, gained either in private practice, public sector or in-house
• A passion to specialise and build a career in financial services regulatory, with a focus on clients in the banking, non-bank lending and wagering sector
• A desire to learn, grow, network and mentor others

Your development

In joining Allens, you will receive unparalleled learning and development opportunities. You will be challenged, supported and guided as you learn and develop, and will be encouraged to grow. We foster greatness, and will coach and support you to meet your goals and aspirations. Our unique Career Deal allows you to take control of your career and provides a transparent approach to career development. Our international alliance with Linklaters means we are able to support secondments all over the world.

Our perks

Our benefits include:

• Financial: market competitive fixed remuneration; generous incentive plan that recognises both billable and broader contribution, salary continuance insurance, employee recruitment referral program, discounts at hundreds of suppliers including retail outlets, health and travel insurance, charity matched funding program.
• Health and wellbeing: fully subsidised gym memberships, annual flu vaccinations, skin checks, in-house snacks and catered meals, subsidised sporting and social activities, emergency childcare, Employee Assistance Program including confidential counselling, wellbeing coaching and financial coaching for employees and their families and regular wellbeing sessions with our in-house consulting Psychologist.
• Flexibility: hybrid and flexible working arrangements to support you in your work and life commitments and passions, equipment to support working from home.
• Leave: ability to purchase additional annual leave, access to an enhanced, inclusive and flexible parental leave policy - 26 weeks paid parental leave with no minimum service for permanent employees and high quality executive coaching to support the transition.
• International opportunities: our alliance with Linklaters ensures possible secondments to many of their overseas offices.
• Recognition: team based recognition including social activities and contribution based recognition activities, and annual Allens Values Awards to nominate and recognise the incredible contributions of our people.

Culture

We celebrate our people's differences across gender and gender identity, sexual orientation, age, ability, cultural backgrounds, First Nations communities, and family and caring arrangements.

We encourage applicants from all backgrounds.

If you require adjustments to fully participate in our application process, please contact us at [e-mail].

Please express your interest by emailing us at [e-mail]. The right role for you might be just around the corner!