We are looking for a mid-level Associate to join our growing London Financial Services & Regulatory Team
focusing on a wide range of non-contentious, advisory and transactional matters.
Duties include but are not limited to:
- Advising clients on a wide range of matters, with a particular focus on regulatory authorisations, industry documentation, consumer finance, financial crime, compliance investigation, regulatory enforcement and financial litigation. Associates work in a collegiate environment and can expect a good variety of work.
- Associates are given regular and direct contact with clients, with a culture based on associates being given the level of responsibility they are ready for, rather than a PQE based method of work allocation.
- Developing relationships with clients including gaining a good knowledge of the client’s businesses, economic drivers, market and sector requirements in order to ensure advice is relevant and commercial .
- There are regular opportunities for secondments with clients. Posting to other offices under the firm's associate transfer programme is also a possibility.
- Engaging in business development activities and being active in the promotion of the firm and seeking opportunities for new work
- Working as part of a team including assisting with the supervision of junior lawyers’ work, and taking an active part in sharing knowledge and experience with the team
- This is an excellent opportunity for an Associate to join a recognised team and work closely with leaders within Financial Services.
The London Financial Services & Regulatory team sits within the firm's broader Banking & Finance Practice which comprises over 40 lawyers specialising in 15 distinct practice areas that best match the requirements of our global client base. The wider Banking & Finance practice is noted for its expertise in acquisition finance, securitisation, bank lending, financial regulatory work and project finance, especially advising on bespoke complex transactions and those involving emerging markets.
The Financial Services & Regulatory team currently comprises 1 dedicated Partner, 4 Associates, 1 Professional Support Lawyer and 1 Trainee. The team is also able to call upon support from the Dispute Resolution practice, specialised in financial services disputes, investigations and regulatory enforcement, as well as the wider Compliance and Investigations service line. Our Financial Services & Regulatory team provides integrated regulatory advice in respect of advisory, transactional and contentious regulatory matters spanning the full range of sub-sectors within the wider financial services sector in particular: banking, payments, funds, retail and wholesale investments, insurers and intermediaries, and market infrastructure providers. Within these sectors, the team has an increasing focus on FinTech clients, spanning the full scope of the sub-sectors set out above.
The team's profile and reputation in the market has traditionally been stronger on the contentious side, with the practice having been involved in some of the highest profile contentious regulatory matters of the last decade including LIBOR, FX and the Lehman's collapse. However, the "bread and butter" work for the team on a day-to-day basis tends to consist predominantly of non-contentious advisory work and transactional work. The team works collaboratively with the Dispute Resolution Group and wider Compliance & Investigations Service Line in respect of contentious regulatory matters and investigations.
Examples of current and recent matters include:
- Advising on the application of new and existing UK and EU regulation- including AIFMD, MIFiD2, PRIIPS, PSD2 and IDD. Regulatory change from Brexit is another example. The team recently advised a major US-headquartered G-SIFI on the application of MiFID 2 from a global record-keeping perspective client and has been advising a number of US fund managers on MiFID 2 and PRIIPs.
- Advised Lloyd's of London (the insurance market) on its Brexit contingency plan.
- Advised one of the UK's fastest growing FinTechs on the establishment of an investment firm in order to comply with MiFID 2.
- Advising a G-SIFI on its compliance with the 4th EU Money Laundering Directive.
- The team recently worked on a major due diligence project in respect of a possible Part VII FSMA transfer, Brexit-related, for one of the UK clearing banks.
- Advising two of the largest global card schemes (also FCA regulated payment institutions) on their Brexit contingency plans.
- Advising a leading UK-headquartered life insurance and investment management group on various investigations overseas into potential misconduct and financial crime.
- Advising on two new AIFM authorisation applications to the FCA, in the private credit an real estate funds space.
- Advising a big name FinTech- a retail securities broker dealer- that is establishing operations in the UK
- Advising a major global IT company on a new customer credit and insurance mediation authorisation.
- Advising an AIM-listed company in connection with an FCA investigation into suspected insider dealing by an employee.
- Advising on an ICO by a well known luxury goods brand.
- Advising on and negotiating industry documentation, including general terms and conditions for brokerage, banking, payments and asset management services; investment management and outsourcing agreements.
Why join us?
Baker McKenzie is a truly global law firm. Founded in 1949, we advise many of the world’s most dynamic and successful business organisations through our 13,000 people in 77 offices across 47 countries. Yet big does not mean impersonal. We work hard to ensure that everyone knows their role and has the support they need to perform it to the highest standard. Our culture encourages this - how we work, think and behave in a collaborative and fulfilling way.
In London you will be part of an 800 person office, which is also our largest office globally. Originally opened in 1961, Baker McKenzie London is well established in the UK as a leading international law firm and is regularly involved in some of the country's most high-profile legal matters. We can offer you the work, pride and experience of being part of a leading law firm but in a local office environment that is hardworking, yet friendly and supportive.
The strength of the firm and our culture is evidenced by a number of recent awards, including:
- Acritas’ Sharplegal Global Elite Brand Index, 2010- 2017 - ranked 1st/Brand Index: 100
- The Sunday Times’ Best Companies to Work For 2011, 12, 13, 14, 15, 17: currently ranked 66th
- The Times Top 100 Graduate Employers 2017: currently ranked 58th
- Stonewall Workplace Equality Index 2012 - 2018: currently ranked 6th
- Euromoney Women in Business Law Awards 2016: Five awards: Most Innovative International Firm for Women, Best International Firm for pro bono work, Best in tax, Best in Employment and Overall Outstanding Female Practitioner Award
At Baker McKenzie we welcome direct applications.
Please click on the Apply icon to start the online application process for this role. We will then be in touch with you once we have reviewed your application. If you are unable to apply online, please contact the Recruitment Team on either 020 7919 1000 or email
For more information about this position or to discuss any adjustments you may require during the process please contact in confidence, Vanessa Renforth, Recruitment Officer, on 020 7072 5731 or email
NO AGENCIES PLEASE
Please note Baker McKenzie does not accept unsolicited CVs. Please click here for details of our Agency Policy and commitment to sourcing directly.
Posting date: 08 November 2018
Closing date: 07 December 2018
Salary: Between £75,000 and £120,000 depending on experience
Our Commitment to Diversity & Inclusion
Baker McKenzie has a culture of diversity and inclusion in its DNA – since our beginning, the differences of our people have helped us to work fluently across borders, cultures and practices. This is intrinsic to everything we do and underpins Baker McKenzie's vision to be the global law firm of choice. We understand that organisations work best when people with different backgrounds and points of view are brought together. We also know people perform at their best when they can be themselves at work. Baker McKenzie is committed to serving our clients with innovative solutions brought about by a diverse talent pool and an inclusive community.
The London office mirrors the wider firm in encouraging the best people, regardless of race, culture, religion or belief (if any), gender, gender identity and expression, disability, sexual orientation or age, to fulfil their professional aspirations with us so as to create an exciting and diverse legal environment.
The successful candidate will be able to demonstrate all or the majority of the following:
- A qualified lawyer with excellent academic credentials
- Current experience in a Financial Services department at a leading city or international law firm
- First rate technical skills needed to support the client work of the department
- Commerciality and demonstrable business development experience
- Excellent written communication and drafting skills
- Strong service orientation - a "client first" culture
- Ability to develop strong relationships with clients and to take responsibility for this relationship
- Outstanding communication skills and the ability to adapt style as required
- Ability to work well in both a team and individually
- Respects and enjoys the diversity of cultural, social and academic backgrounds found in the Firm