Advanced Associate Forensic Accountant - Enforcement - EMO

FCA Perm
London (East)
From £50,000 to £85,000 per annum 50,000 to 85,000 Plus flexible benef
12 Nov 2017
16 Nov 2017
Contract Type
Full Time
Advanced Associate Forensic Accountant - Enforcement - EMO

The salary range will be approximately 50,000 to 85,000 GBP plus a competitive benefits package and non-contributory pension.


At the FCA, we're creating a fair and more resilient financial system. We're establishing more transparent relationships between financial services and their customers, building trust in financial markets and protecting vulnerable consumers.

The FCA's Enforcement function (part of the Enforcement and Market Oversight Division) is responsible for conducting investigations into suspected misconduct and, where appropriate, pursues and remedies misconduct by firms and individuals through criminal, civil and administrative sanctions and orders.

The Enforcement function aims to:

  • Be a world leading function, with professional and motivated staff, taking the right cases that have a positive impact on the way financial services work.
  • Promote the conduct that supports trusted, orderly and efficient primary and secondary markets.

We are seeking a number of Advanced Associate Forensic Accountant for our investigation teams, with a background in any relevant discipline, including criminal law enforcement, regulatory enforcement, and commercial litigation or financial markets. There are vacancies in the following areas of Enforcement:

Retail and Regulatory Investigations focuses on regulated firms and their management and how they engage with consumers. Investigations cover a very wide range of issues including mis-selling, anti-bribery and corruption, money laundering, systems and controls failings and corporate governance failures. We also cover a broad range of financial markets including pensions, mortgages, general insurance, retail investment advice, retail and wholesale banking and consumer credit. Examples of recent case outcomes include corruption in the consumer credit market, financial crime failings, unfit individuals, pensions transfers misconduct and client money breaches.

Wholesale Department conducts investigations into regulatory breaches and criminal offences by firms and individuals operating in the wholesale arena. Typical cases include insider dealing, market manipulation, misleading statements and systems & controls failings in authorised firms. Examples of case outcomes include foreign exchange benchmarks, insider dealing convictions and redress for market abuse.

Unauthorised Business Department conducts investigations into firms and individuals who are not authorised under the Financial Services and Markets Act 2000. Typical investigations include the investigation of pyramid or Ponzi schemes, land banking, share frauds operated by boiler rooms and pension liberation schemes. Examples of case outcomes include:, and

What does this job involve?

The key responsibilities of the post holder will be:

  • Taking on differing degrees of responsibility for cases depending on their nature and complexity. This could range from having independent oversight over smaller cases, to operational oversight for a wider team on larger cases.
  • Preparing for, and presenting cases at, internal decision making committees when required.
  • Overseeing and managing the work of Associates and Paralegals and ensuring effective progression of the project in order to reach timely outcomes, escalating issues to the Manager where necessary. Managing external costs.
  • Preparing for, and presenting cases at, internal decision making committees when required.
  • Building and maintaining effective working relationships with colleagues in other business areas within the FCA and with external bodies.
  • Taking responsibility for drafting (delegated or otherwise) of all forms of documents (including witness statements, the statutory notices, settlement papers, papers before the RDC) and correspondence with subjects, their legal representatives and witnesses and taking responsibility for quality assurance on cases.
  • Leading interviews of subjects and witnesses, often in complex cases, using compulsory powers, on a voluntary basis and under caution and recommending on when each format is appropriate.
  • Being a key player in cross-divisional and department projects and initiatives.
  • Attending court to give evidence as required.
  • Training and coaching staff when required and being a member of internal expert groups when appropriate.
  • Line managing Paralegals, including being responsible for their professional development and appraisals, and ensuring optimal performance by managing any cases of poor performance or conduct in a timely manner.
  • Taking part in recruitment for EMO, including identifying suitable candidates and conducting interviews.
What will I get from the role?

You will benefit by gaining an insight into the workings of the financial sector at a considerable time of change, with the opportunity to do meaningful work that makes a real difference. You will work on unique, interesting and often high profile cases and related enforcement action.

As an Academy business we place great value on your learning and we offer world-class development opportunities which will assist you in achieving your career aspirations. Our Academy offers you a range of opportunities for personal and professional development, including our MSC in financial regulation, Advanced Managers programme, sponsored study and more.

Which minimum, essential & desirable skills are required?Minimum

We're a signatory to the Government's Disability Confident scheme. This means that we guarantee an interview to any disabled candidates entering under the scheme, should they meet the minimum criteria for a role.

  • Experience in any of the following areas: financial markets; regulatory investigations or litigation; investigations involving serious fraud or other complex financial crime.
  • Forensic Accountant - Be CA, ACA or ACCA qualified (or a similar internationally recognised qualification), with at least 5 years PQE, including forensic assignments.
  • Ability to form and maintain effective working relationships with peers, management, internal and external stakeholders across the organisation and external agencies.
  • Ability to assess and analyse voluminous and data-heavy bodies of evidence in complex cases, exercising judgement on the evidence and being able to defend those judgements where appropriate, including to senior management.
  • Experienced communicator, capable of presenting analysis clearly and effectively to a variety of recipients, orally and in writing
  • Ability to influence internal and external stakeholders and working constructively with decisions made by others, including when disagreeing with the decision made.
  • Experienced in developing a project strategy including identifying key risks and putting in place steps to mitigate those risks, splitting the project into relevant workstreams and planning required resource.
  • Ability to lead a team including effective delegation, resolving issues arising and motivating team members to produce high quality work.
  • Advocates the FCA, EMO and the FCA mission, operating for the benefit of consumers.
  • Act in an honest, open and transparent way, challenging when you see behaviour that goes against the principles of the FCA or EMO.
  • Continuously seek out new and more effective ways to conduct your work, and feed this back to management.
  • Work collaboratively as part of a team, valuing different perspectives and backgrounds, and working with other departments and divisions to minimise silos.
  • Open to learning, challenge and change, and be prepared to be flexible to new tasks and responsibilities.
  • Ability to exercise own judgements and defend those judgements where necessary and appropriate.
  • Act as a role model for the FCA and EMO's cultural characteristics.
Additional Information

As an inclusive employer, we are open to considering flexible working arrangements. Please contact our recruiter if you wish to apply for this role on a flexible basis.

The job family for this role is L&F C and applications close on Sunday 26th November 2017.

Selection process

Stage 1: On-line application, please submit your CV and state your preference of which department you are applying for e.g. Retail and Regulatory Investigations, Wholesale or UBD.

As part of the application process, can you please tell us about a recent Enforcement outcome that interested you and why? We suggest you keep it between 300-500 words. Please click on this link releases&start=1to view the published Enforcement Final Outcomes.

Stage 2: Screening - your application will then be forwarded to the recruiting managers.

Stage 3: Selection & assessment process (could be subject to change)

Retail and Regulatory Investigations & Wholesale - Technical and competency based interview.

UBD Case study with a technical and competency based interview.

For internal applications, please contact Eleanor Treacher if you have any questions about the role.

For external applications, please contact Tanzina Begum if you have any questions about the role.

This role will be based in London, Canary Wharf, with a planned move in 2018 to a new site in The International Quarter, Stratford.

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