FS Regulatory - Associate 2-3PQE - London

Our leading UK Financial Services team has over 60 lawyers focused on regulatory (non-contentious and contentious) and specialist transactional matters for all financial services institutions, including banks, finance providers, payment institutions and e-money issuers, broker-dealers, platforms, markets and trading facilities, funds and fund managers, investment managers and advisers, and insurers and insurance intermediaries, as well as the large institutional investors dealing with, and key service providers to, those entities. Our clients range from well-established UK and global financial institutions to innovative new Fintech and Techfin start-ups

About CMS

CMS is a Future Facing firm.  With 79 offices in 45 countries and 5,000+ lawyers worldwide, we combine deep sector understanding with a global overview, giving us the ability not only to see what's coming, but to shape it.

CMS is well equipped to help our clients face the future with confidence.  We are driven by technology and readily embrace the possibilities it opens up for developing new and better ways of delivering legal services.  Our bold approach to a changing future ensures that we nurture our employees and recruit top talent.

About the Role

Our leading Financial Services team is busier than ever, from helping our clients to develop new products and services to assisting them with significant regulatory, transactional and/or operational change projects. There promises to be even more work over the next few years as the UK regulatory landscape continues to change, and new, innovative products and services are launched. For example, the emergence of new Fintech solutions is changing how financial institutions and their clients and service providers operate, and challenging regulators in how to ensure that they supervise those institutions appropriately. Specialist transactional work will be driven by changes in regulatory capital requirements and outsourcing and operational risk requirements, as well as continued market consolidation and rationalisation. With CMS’s specialist regulatory expertise and large international footprint, we are well placed to help our clients deal with whatever the future holds.

As a result, the team is now looking to expand at all levels. In particular, we are looking for a driven, commercially aware Associate who wants to specialise in non-contentious regulatory and/or specialist transactional work for financial institutions.

This role promises a rich variety of work, with opportunities to work in the asset management, funds, insurance, banking, crypto and consumer credit sectors. Day to day work includes advising on new product design and distribution, cross border business, material outsourcing arrangements, strategic restructurings, perimeter guidance, authorisation and conduct of business requirements, corporate governance, regulatory capital requirements, client money and assets, insider dealing and market abuse, anti-money laundering/financial crime,  as well as drafting and negotiating all associated documentation, and assisting with the regulatory aspects of mergers and acquisitions, restructurings and joint ventures.

About You

If you have 2-3 years of relevant work experience (gained from a top tier law firm or from a recognised financial institution), then we would love to hear from you.

To be successful in this role, candidates will have solid experience of carrying out financial services regulatory and/or transactional work for financial institutions (including those with a regulated funds or outsourcing background).

Further, you will flourish in this team if you have a genuine desire to learn new things and come equipped with a self-motivated, team player mindset.

CMS is known for its particularly supportive and collaborative team approach with ambitious plans for growth and excellent long-term career prospects.

Equal Opportunities

At CMS, a next-generation mindset is woven into all we do. We're diverse, supportive and inclusive, embracing our corporate social responsibility and creating a culture of sustainability in which every one of our people, whatever their background, can maximise their potential and thrive. For further information about CMS' diversity initiatives and programmes, please view the Diversity & Inclusion pages on our website.

Please apply online or contact a member of the Talent Acquisition team if you have any questions. For information regarding our competitive range of benefits please visit our Rewards & Benefits page on our website.

Please note that CMS have a preferred agency panel in place. Only applications submitted via the portal at the point of instruction will be accepted.

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