Legal counsel in 'litigation' for the Legal Service

Would you like to contribute as a legal counsel to building trust in the financial sector and to protecting consumers?

Then come and join our team at the FSMA!

Become a legal counsel with the ‘Legal Service’

Where will you be working?

The Legal Service acts as a sort of internal legal consultancy that assists the other services of the FSMA (which also employ many legal advisors) in analysing complex legal questions and providing a correct framework for the measures that the FSMA adopts as part of its supervisory activity. The Legal Service also frequently contributes to the drafting of financial legislation and regulations. In addition, it oversees the defence of the FSMA’s decisions against which an appeal has been lodged, and to this end works with the lawyers appointed by the FSMA for the purpose.

Job content

As a legal counsel with the Legal Service, you will analyse legal questions that arise in the exercise of the various powers of the FSMA and will propose answers and/or solutions. Such questions are often complex and concern the interpretation or application of the various laws that the FSMA is tasked with enforcing, the principles of administrative law that a supervisory authority needs to take into consideration in exercising its powers, and the organization and functioning of the FSMA. You may also be asked to contribute to preparing legislative and regulatory texts and to monitoring administrative sanction proceedings.

A position has opened up in the Legal Service for a legal advisor who can (help) represent the Belgian Audit Oversight Board (hereafter 'the Board') in proceedings before the Sanctions Committee of the FSMA.

Although the Board is a separate legal person from the FSMA, the FSMA Sanctions Committee has been designated by Belgian law as the competent body to impose a number of administrative measures or an administrative fine on a statutory auditor. Such proceedings are initiated if a statutory auditor infringes the rules they are required to comply with in the exercise of their professional activities. Proceedings before the Sanctions Committee usually consist of both an exchange of written opinions and an oral hearing.

To represent it at these proceedings, the College calls upon specific members of the staff of the Legal Service of the FSMA. It is for that activity that a position has opened up. If you take up this post, you will also participate in the general operations of the Legal Service, and therefore must be open to handling other types of legal matters.

What do you bring?

  • A Master’s degree in law with excellent academic results. 
  • At least 3 years’ experience in the written and oral aspects of judicial or administrative proceedings. Experience with administrative sanction proceedings and ethics cases is a particular asset. 
  • An interest in the rules that statutory auditors must comply with in the exercise of their professional activities.
  • The ability to handle complex legal questions efficiently and, where necessary, in considerable depth. You proceed with great precision and apply a reliable method of analysis. 
  • Excellent analytical and writing skills.
  • Sufficient openness to dealing with legal issues on a wide range of matters and in a European context. 
  • Solid competence in Dutch and French and a good command of English. 
  • You are professional, stress-resistant, assertive and rigorous.

What do we offer?

  • A full-time position with a permanent contract.
  • The chance to do your bit for consumer protection.
  • A competitive salary package with many fringe benefits (e.g. group and hospitalization insurance, full reimbursement of public transport costs, budget-friendly company dining room, contribution to your mobile phone and internet subscriptions, additional non-statutory holidays, bank holidays, etc.).
  • A wide range of opportunities for learning and development.
  • Flexible working hours.
  • Good work/life balance (possibility of teleworking).
  • Opportunities for internal mobility.
  • Easy to reach location in central Brussels.

Each member of the FSMA staff is subject to a strict code of ethics and is bound by the obligation of professional secrecy.