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Regulatory Lawyer – Financial Services (4+Years PQE)

Location – London

With more than 3000 lawyers and a further 1,100 legal professionals in 80+ jurisdictions, including Legal Managed Services delivery centres around the world, we are one of the fastest growing legal practices in the world. Our broad global coverage delivers legal advice wherever our clients need it. Our legal professionals team with colleagues from across EY to provide multidisciplinary legal and legal managed services to the General Counsel of multinational corporations, bringing innovative solutions to better address the challenges they face and deliver the value and outcomes they seek.

Our FS Law UK Regulatory practice is a dedicated team of legal, regulatory and financial services specialists who form part of EY’s multi-disciplinary, multi-jurisdictional offering to clients across banking and capital markets, insurance and wealth & asset management. The team includes former partners of leading UK and US law firms and senior lawyers with a wide range of experience gained whilst working for banks, insurers, investment firms, fund managers and regulatory bodies such as the FCA. Our lawyers have led legal teams in banks and other regulated firms, and have worked in-house within legal teams and compliance functions, dealing with a broad range of regulatory issues and regulatory investigations.

The opportunity

We focus on our clients, providing exceptional client service and advice on a wide range of regulatory legal matters. EY offer legal services in other jurisdictions globally, which allows for multi-jurisdictional solutions to our client’s challenges. Law is a fully integrated part of EY both in the UK and globally and as such will are able to leverage the existing growth and substantial operational platforms that already exist within EY.

Your key responsibilities

• 
  You’ll manage the successful delivery of legal services engagements, taking a professional, practical and commercial approach and ensuring technical excellence
• Build and maintain relationships with our clients and provide high levels of client service
• Assist in winning work by proactively managing existing clients and contribute to winning new clients and engagements
• Considering legal issues and risks as brought about by IBOR in relation to legacy contracts including derivatives, securities and loan documentation.
• Reviewing, drafting and negotiating any type of Master Agreement documentation for OTCs (English and New York Law as applicable) including but not limited to: securities and loan documentation ISDA Master Agreements (and ancillary documentation), Credit Support Annex, GMRAs, MRAs, GMLSAs, MSLAs, MSFTAs, Prime Brokerage documentation (including prime brokerage agreements and ancillary agreements) futures, Tri-Party Agreements, Collateral Control Agreements, or any other clearing agreements.
• Strong knowledge of ISDA, other derivatives, loan, and securities documentation in addition to reviewing product agreements.
• Liaising with relevant internal stakeholders (including but not limited to trading, sales, credit, treasury, tax, legal…) during project timeline.
• Keeping work in progress records up to date and disseminating information on project status to senior stakeholders.

Skills and attributes for success

• An excellent grasp of the regulatory landscape in the UK, and a broad understanding of major international regulatory initiatives

• Experience of advising on significant regulatory compliance matters and other relevant laws and regulations
• An understanding of Bank Regulatory capital issues and other issues affecting the banking sector
• A willingness to embrace a new challenge, in a non-traditional, legal services environment
• A dedication to client service and innovation
• Positive attitude and willingness to be a team player
• Excellent time management skills
• Experience managing teams (virtual or cross-border) of 2-6+ people

To qualify for the role, you must have

• Experienced lawyer with relevant previous roles held in the UK financial services sector reviewing, drafting and negotiating Master Agreement trading documentation such as loan and securities documentation.
• A proven record of completing complex documentation within very tight time deadlines.
• Ability to work in a fast-paced, high-volume environment.
• Ability to multi-task, meticulous attention to detail and strong analytical, drafting, abilities.
• Excellent client service and internal coordination skills as part of a project team with a mandate.
• Have excellent interpersonal, oral and communication and organizational skills to work quickly and efficiently to achieve results.
• Excellent project management and communication skills
• Demonstrable regulatory law experience of a minimum of 4+ years PQE
• Significant practicing experience in private practice, an in-house environment or within a regulatory body
• Previous supervisory experience