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In House Lawyer (Regulatory)

  • Location

    London

  • Discipline:

    Financial Crime & Fraud

  • Job type:

    Permanent

  • Salary:

    £80,000 - £90,000

  • Email:

    pdahill@merje.com

  • Job ref:

    PD/15502

  • Published:

    7 months ago

To coordinate and document internal regulatory processes, including internal and external audits, license renewals, and new company registrations, and compile and prepare materials for submission to regulatory agencies.

Role details:

  • Coordinate the preparation of regulatory documents and submissions
  • Interpret regulatory rules or rule changes and ensure that company policies and procedures are compliant
  • Keep up to date with, and anticipate changes to regulations, and ensure the changes are implemented on time and in line with regulation changes
  • Recommend changes and/or more efficient ways of working, to company procedures in response to changes in regulations or standards
  • Coordinate, prepare, and review regulatory submissions for domestic or international projects
  • Compile and maintain regulatory documentation databases and systems
  • Develop and coordinate employee regulatory training, and work with Group HR to ensure training is rolled out successfully to all employees
  • Develop and maintain effective relationships with regulators
  • Participate in and provide full support and guidance to government agents during any regulatory audit, and provide post audit follow up information as requested to the regulators
  • Ensure any actions identified in regulatory audits are successfully implemented in a timely and appropriate manner
  • Review product documentation and promotional materials to ensure compliance with applicable regulations and policies
  • Advise project teams on subjects such as market regulatory requirements
  • Identify relevant guidance documents, international standards, or consensus standards and provide interpretive assistance
  • Obtain and distribute updated information regarding domestic or international laws, guidelines, or standards as necessary
  • Prepare or direct the preparation of additional information or responses as requested by regulatory agencies
  • Analyse customer complaints and requests and draft responses as appropriate
  • Write or update standard operating policies and procedures, to ensure efficient ways of working
  • Develop or track quality metrics to ensure the effectiveness of the operating policies and procedures
  • Other ad hoc duties as directed by management

Person Specification

  • Minimum 3 years PQE in a financial regulatory environment
  • Experience in dealing direct (face to face, by email and in telephone conversations) with regulatory authorities is essential
  • Experience in a payment or money transfer environment would be an advantage
  • Demonstrable ability to communicate (verbally and in writing) with non-legal stakeholders at all levels in the organisation
  • Exposure to international environments would be an advantage
  • Ability to communicate confidentially in French or Spanish would be an advantage
  • In addition to base salary the role offers a 10% - 20% discretionary bonus

Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.