Senior/Managing Associate - Financial Services Regulatory

TLT; City Of London; Hybrid; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Private medical insurance

Flexible benefits scheme

Hybrid working

Job summary

TLT LLP is seeking a Senior or Managing Associate (4+ PQE) to work on high-quality, complex regulatory matters within the Financial Services Regulatory team. The role offers flexibility to be based in London or other offices, with a strong emphasis on payments and digital assets regulation as well as retail financial services.

You will advise top banks and financial firms, lead regulatory projects, mentor junior lawyers, and participate in business development while developing your specialist

Qualifications

• Strong experience in financial regulation, especially payments or retail finance.
• Background in private practice, in-house, a regulator or compliance/public affairs.
• Demonstrated interest in financial regulation and proactive learning.

Responsibilities

• Deliver end-to-end regulatory support on complex matters for top FS clients.
• Specialise in payments and digital assets regulation and/or retail financial services.
• Support development of junior team members and contribute to BD activities.

Skills

Regulatory expertise

Payments regulation

Retail financial services

Client relationship

Business development

Mentoring

Education

Qualified Solicitor (SRA or Law Society Registered)

Job description

As we continue to grow our Financial Services Regulatory team, we have an opening for a Senior or Managing Associate (4+ PQE) who is looking for the opportunity to work alongside leading experts on high-quality, complex regulatory matters.

TLT is a leading adviser to the financial services industry.The firm acts for the largest UK banks and other leading firms. Amanda Hulme lead’s our financial services regulation team, placing the firm at the cutting edge of financial services regulatory advice in the UK. Amanda Hulme has been ranked in Chambers and Partners for more than 20 years, for Consumer Finance and Payments advice. She is also ranked as one of the best in the UK in the ‘Chambers’ Client Guide of the UK Legal Profession’.

The successful candidate would have the opportunity to be part of a growing and ambitious team, with excellent prospects for career advancement, in a supportive and exciting environment. You can enjoy flexible working arrangements and can be based out of our Bristol, Edinburgh, Glasgow, Birmingham or London office.

Your Role

You can expect to work for leading financial services firms on their strategically important matters. We are looking for lawyers who particularly want to specialise in payments and digital assets regulation and/or retail financial services (consumer credit, mortgages, retail banking and payments regulation). The team already has a very strong reputation in the retail financial services and payments sectors and advises banks, building societies and specialist lenders on the complete range of regulatory matters affecting their business. The team also covers wider regulatory work, including wholesale regulation and financial crime.

With the support of a specialist team of Partners and Managing Associates, you will be:

• Assisting clients to develop new products and services, providing end to end regulatory support, including structuring products, drafting agreements, working on comms, working through detailed systems builds;
• Helping clients when things don’t go according to plan, including assessing regulatory issues and remediation strategies;
• Assisting clients to implement new regulatory requirements, including BNPL, consumer credit and payments reform;
• Assisting clients with general regulatory compliance, including with Consumer Duty and consumer law compliance.

In addition to the technical work on matters, you will also be encouraged to:

• Work closely with the Partners and take on mentoring roles for the more junior members of the team. A really important part of the role of more senior members of the team will be to provide support, coaching and guidance to members of the team, supporting their technical and professional development.
• Support with client training and speak at conferences and client events on regulatory developments.
• Engage in business development activities with clients and potential clients, particularly in working alongside the partners to grow and develop the financial regulation practice.

Your Skills and Experience

To be considered for the role, strong technical financial regulation experience is essential, preferably with significant experience in either payments or retail finance regulation. You must be open to working on other matters too.

You may have gained your experience working in private practice, in house, working for a regulator or in a compliance or public affairs role.

It is also essential that you have a real and genuine interest in financial regulation You will be given support to develop technically, but you also need a strong self-learning approach to your development.

You will have/be:

• A Qualified Solicitor (SRA or Law Society Registered), with 4+ PQE
• Strong technical financial regulation experience, in payments or retail financial services regulation
• A forward thinker, with excellent analytical, communication and organisational skills, you will be self-motivated with the ability to manage workloads and deadlines
• Commercially aware with some exposure to business development, with the ability to maintain and nurture strong client relationships
• Able to develop a deep understanding of your client’s business needs, and act in the best interest of the firm and the client
• Able to contribute to our collaborative culture, with an ambition to assist in the development of junior team members

Your Team

TLT is immersed in the financial services industry, which represents over 40% of our turnover.

The financial services industry is facing an unprecedented rate of regulatory change and our key relationships within our client base provide the opportunity to serve our clients further in this in this important and critical area.

Our proactive approach to providing insight and advice upon future risks and their solutions enables us to help clients navigate the challenges of regulatory change and scrutiny, rapid digital innovation and heightened operational risk.

About TLT

Fast paced, fast growing and forward thinking, TLT is the law firm that helps clients stay one step ahead, and we do the same for our people.

We work with high profile clients in innovative sectors. With local, national and international reach, we have over 1,800 people in offices across the UK and a network of partner firms across Europe, India and the US. Over the last few years TLT’s successful growth, delivery of high-quality work and support for colleagues has been consistently recognised by The Times and at the Legal Business, The Lawyer and British Legal Awards.

Our purpose is to protect, prepare and progress our clients for what comes next and it’s essential that we do the same for our people, our planet and our communities too. In our open and collaborative culture, we encourage everyone to be their whole self, to have a voice and to contribute.

Our Benefits

We value our employees highly and we want you to feel valued. You’ll receive a competitive salary with an annual pay review. You will also have access to an extensive range of benefits via our flexible benefits scheme including 25 days holiday (which will increase to 30 days based upon length of service) and private medical insurance.

At TLT we have a progressive fully flexible working approach. We empower our people to work in a place and at a time that meets their needs, those of their clients and of the wider team and firm. Part of this agile approach is a focus on hybrid working and supporting the work/life balance of our people.

TLT is committed to creating a diverse and inclusive working environment and encourages applications from all suitably qualified people, regardless of any of the characteristics protected by the laws in the locations in which we operate.