Financial Reporting Council: Lawyer

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  • Sector:


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  • Published:

    675 days ago

  • Expiry date:

    23 September 2022


The Financial Reporting Council’s (FRC’s) mission is to serve the public interest by setting high standards of corporate governance, reporting and audit and holding to account those responsible for delivering them. We are the UK Competent Authority for audit. We also set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work, monitor and take action to promote the quality of corporate reporting and operate independent enforcement arrangements for accountants and actuaries. Further information about our work can be found at www.frc.org.uk.

As the UK Competent Authority for audit, the FRC’s Enforcement Division conducts investigations and takes enforcement action into breaches of audit standards under the Audit Enforcement Procedure (AEP).

As the independent disciplinary body for the accountancy and actuarial professions in the UK, the Division also undertakes professional disciplinary investigations and enforcement action under the Accountancy and Actuarial Schemes (the Schemes) in cases involving accountants, accountancy firms and actuaries which raise important issues affecting the public interest in the UK.

Many of the investigations are large, complex, and high-profile and our cases regularly require liaison with other investigators including the Serious Fraud Office, the Financial Conduct Authority, the Insolvency Service and the Pensions Regulator. Examples of recent case outcomes for audit cases can be found here and for accountant and actuary cases here.

More information on the work of the Division can be found in our Annual Enforcement Review 2021.

There are opportunities to progress to more senior legal roles within the Division.

The FRC is an open, welcoming and exciting place to work, and this is an excellent time to join ahead of the FRC’s transformation into the new Audit, Reporting and Governance Authority (ARGA).

The Role:

• Working in case teams comprising forensic accountants, other lawyers and legal assistants;
• Assisting in planning case strategy and driving investigations forward;
• Working with forensic accountants to review complex accountancy, actuarial and audit material;
• Collating, analysing and preparing evidence;
• Instructing, working closely with and project managing external counsel, independent experts and external solicitors;
• Assisting with preparation for Tribunal hearings;
• Providing high quality advice and analysis on legal and policy aspects of cases and of Enforcement Division work general; and

• Monitoring case expenditure and case budgets.

The role is based in our Central London office. The post holder should be able to work flexibly to support the team’s activities and also provide cover within the FRC as necessary. The FRC operates a hybrid working arrangement. This means full-time employees will spend at least four-days per fortnight in the office, pro rata for part time employees, and any arrangement will be agreed between the employee and the line manager.

The Person:

The successful candidate will be a qualified solicitor or barrister from within the public sector or private practice, with experience of regulatory law and/or white-collar crime and/or commercial litigation.

Candidates will be expected to demonstrate the following competencies:

• Excellent legal and analytical skills;
• Excellent written and oral communication skills;
• A strong intellect and good judgement;
• A good organizer with effective trial management skills;
• Determination and self-motivation to pursue matters and make fair and robust legal decisions;
• Ability to work well under pressure and to deadlines;
• Enthusiasm for conducting important regulatory work in the public interest; and

• A good team player ethic.

As there will be additional project and policy work as part of the transformation to ARGA, experience of contentious policy work would be an advantage.

Rewards and benefits

• The FRC offers competitive remuneration packages, with generous benefits, and 30 days annual leave plus ability to buy extra leave
• Generous employer pension contribution of 10%.
• Staff Employee Assistance Programme including confidential counselling and work life services.
• The FRC offers staff the opportunity to save at least 25% on the purchase of a new bike through the Cycle to work scheme.
• The FRC has a strong work/ life balance ethos

• The FRC is committed to diversity and inclusion

The FRC believes that equality of opportunity and diversity is important in the work that we do, and we are strongly committed to being an inclusive employer. Our values of being fair and independent support this commitment. We're a signatory to the Government's Disability Confident scheme, which means that we guarantee an interview to any disabled candidates entering under the scheme, should they meet the minimum criteria for a role.


Equal opportunities monitoring is an important means of demonstrating and implementing our commitment to promoting equality of opportunity and diversity. Completing our diversity form will assist the FRC to identify any barriers that prevent access to employment and career development for certain groups of people, and to develop solutions, such as action plans, new policies and practices. The form is completed on a voluntary basis and we strongly encourage all job applicants to complete it.

Complete the Diversity Form here

Please apply by following the link our website https://www.frc.org.uk/frc-for-you/careers and uploading one document which should comprise: (i) on the first page, a covering letter; and (ii) on the second and third page, a copy of your CV (limited to two pages).In the covering letter, please:

• set out, by reference to the person specification above, how you meet the required skillset,
• confirm that you have the right to work in the UK, and
• tell us where you heard about this job.

Please note that we can only accept applicants who have the right to work in the UK.

The closing date for applications is Friday23rd September 2022

Note to agencies:

The FRC has a commitment to building relationships directly with candidates and only engages with agencies who are on our preferred supplier list to support us in sourcing quality candidates. We do not accept speculative CV’s from agencies that are not on our preferred supplier list. Any speculative or unsolicited CVs which are submitted without FRC instruction will be deleted and will not be considered as an introduction.

To Apply for this role click HERE

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