Go Back   English Forum Switzerland > Help & tips > Employment  
Reply
 
Thread Tools Display Modes
  #1  
Old 24.06.2020, 15:51
Newbie
 
Join Date: Jun 2020
Location: London
Posts: 6
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
Bibab has no particular reputation at present
Job prospects for foreign qualified lawyers

Hello. Let me just start off by saying that I am aware that this question has been asked before. I have read those threads 5 times over by now. I was hoping that someone could chime in with some information that may be relevant to my specific situation. I am trying to get all the information that I need before making some important life decisions.

I am a lawyer qualified in the UK and have been working in financial services regulation for the past 10 years (exclusively on the government / regulator side) - think MiFID, PSD, AIFMD, GDPR. Prior to that I was doing commercial transactional work in private practice in an unrelated field for 3-4 years. I am in my late 30s.

I am happily employed in the UK and enjoy my job. Alas, my partner who is a Swiss national is not. so I am exploring the possibility of moving to Switzerland in the next few years. I don't speak German at the moment (or French), but can look to become fluent over the next few years if that would aid the job hunt. I can also perhaps look to get different types of regulatory experience if it would make it easier to move - let's say getting experience with competition law or funds regulation.

Does anyone have any views what my prospects would be to find suitable employment? I don't particularly want to move into private practice. In house would be fine, though not in a compliance function. I would prefer legal and could live with regulatory affairs. The best case scenario would be a role at one of the regulatory bodies (BIS, FINMA, etc) if possible.

As I said, I am happy to delay moving for a few years in order to tailor my experience and learn German. I won't need a work permit given marriage to a Swiss national. What are my chances? And do have any suggestions how I could improve them?

Thank you very much in advance. I would welcome any info that you can provide. Your experience or the experience of others, etc. Thanks again!
Reply With Quote
  #2  
Old 24.06.2020, 18:01
3Wishes's Avatar
Moderately Amused
 
Join Date: Jul 2010
Location: Bern area
Posts: 11,143
Groaned at 87 Times in 83 Posts
Thanked 18,853 Times in 8,394 Posts
3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute
Re: Job prospects for foreign qualified lawyers

No idea, but welcome to the Forum.
Reply With Quote
This user would like to thank 3Wishes for this useful post:
  #3  
Old 25.06.2020, 07:08
Forum Legend
 
Join Date: Feb 2010
Location: CH
Posts: 10,732
Groaned at 346 Times in 282 Posts
Thanked 15,640 Times in 8,014 Posts
greenmount has a reputation beyond reputegreenmount has a reputation beyond reputegreenmount has a reputation beyond reputegreenmount has a reputation beyond reputegreenmount has a reputation beyond reputegreenmount has a reputation beyond repute
Re: Job prospects for foreign qualified lawyers

Welcome to the forum!

Just an idea - if your partner is a Swiss national, wouldn't be more convenient to assign him/her some tasks re. researching your chances to get a job in the same field should you move here? After all, you'd be taking this decision to suit him/her.
Reply With Quote
This user would like to thank greenmount for this useful post:
  #4  
Old 25.06.2020, 08:17
Island Monkey's Avatar
Forum Legend
 
Join Date: Mar 2008
Location: Wallis
Posts: 5,743
Groaned at 95 Times in 60 Posts
Thanked 6,301 Times in 2,885 Posts
Island Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond repute
Re: Job prospects for foreign qualified lawyers

Quote:
View Post
I won't need a work permit given marriage to a Swiss national.
You will need a permit... everyone who is not Swiss themselves needs a permit. Difference is, you can get a permit based on him supporting you rather than based on your job.

Suggest you start sending applications to all the big international companies in Switzerland and see what comes up.

Last edited by Island Monkey; 25.06.2020 at 08:33.
Reply With Quote
The following 3 users would like to thank Island Monkey for this useful post:
  #5  
Old 25.06.2020, 09:26
Rangatiranui's Avatar
Forum Veteran
 
Join Date: Nov 2007
Location: Baden region
Posts: 2,172
Groaned at 14 Times in 13 Posts
Thanked 2,454 Times in 1,080 Posts
Rangatiranui has a reputation beyond reputeRangatiranui has a reputation beyond reputeRangatiranui has a reputation beyond reputeRangatiranui has a reputation beyond reputeRangatiranui has a reputation beyond reputeRangatiranui has a reputation beyond repute
Re: Job prospects for foreign qualified lawyers

Welcome to the forum.
You could probably work in compliance, but my friend who was a Really Good English Lawyer ended up going back as she couldn't do what she wanted to do here. She would have had to get another load of qualifications.
Reply With Quote
  #6  
Old 25.06.2020, 20:33
Newbie
 
Join Date: Jun 2020
Location: London
Posts: 6
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
Bibab has no particular reputation at present
Re: Job prospects for foreign qualified lawyers

Quote:
View Post
Welcome to the forum!

Just an idea - if your partner is a Swiss national, wouldn't be more convenient to assign him/her some tasks re. researching your chances to get a job in the same field should you move here? After all, you'd be taking this decision to suit him/her.
Hah. Unfortunately she wouldn't be able to make much sense of what sort of jobs match up with my experience. She would send me a bunch of random jobs with lawyer put in them, but they will be tax law jobs. You almost need someone who has gone through the experience to tell their story.

Quote:
View Post
You will need a permit... everyone who is not Swiss themselves needs a permit. Difference is, you can get a permit based on him supporting you rather than based on your job.

Suggest you start sending applications to all the big international companies in Switzerland and see what comes up.
Thanks. Noted.

Quote:
View Post
Welcome to the forum.
You could probably work in compliance, but my friend who was a Really Good English Lawyer ended up going back as she couldn't do what she wanted to do here. She would have had to get another load of qualifications.
Well that is depressing. Having to work in compliance would be the end of me (and or the relationship).
Reply With Quote
  #7  
Old 25.06.2020, 20:40
Newbie
 
Join Date: Jun 2020
Location: London
Posts: 6
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
Bibab has no particular reputation at present
Re: Job prospects for foreign qualified lawyers

I am also not sure to what extent the difficulty people have been having has been a work permit issue, a language issue, the wrong or not enough experience issue or something else.

I mean I am hoping I can with dedication address the language issue in a few years (if I stop having any fun). But not sure if they value my experience - how similar are the financial regulatory laws; to what extent has Switzerland adopted EU law in various sectors and how helpful is knowledge of EU law in the regard; how much do they value someone who has experience in a bigger financial services sector than Switzerland and do they value it enough to overlook lack of local experience... I know some of these questions are too specific and situation dependent for anyone to really know the answers to, but here is hoping.

Best case scenario: someone from FINMA sends me a private message right now saying that I am the exact person they are looking for.
Reply With Quote
  #8  
Old 25.06.2020, 20:47
roegner's Avatar
Moderately Dutch
 
Join Date: May 2011
Location: Zurich
Posts: 11,076
Groaned at 366 Times in 307 Posts
Thanked 13,932 Times in 6,498 Posts
roegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond repute
Re: Job prospects for foreign qualified lawyers

Quote:
View Post
I am also not sure to what extent the difficulty people have been having has been a work permit issue, a language issue, the wrong or not enough experience issue or something else.

I mean I am hoping I can with dedication address the language issue in a few years (if I stop having any fun). But not sure if they value my experience - how similar are the financial regulatory laws; to what extent has Switzerland adopted EU law in various sectors and how helpful is knowledge of EU law in the regard; how much do they value someone who has experience in a bigger financial services sector than Switzerland and do they value it enough to overlook lack of local experience... I know some of these questions are too specific and situation dependent for anyone to really know the answers to, but here is hoping.

Best case scenario: someone from FINMA sends me a private message right now saying that I am the exact person they are looking for.
Go for the international companies as they may take on lawyers that do not speak the language. FINMA will not send you a message as they can hire loads of lawyers that speak the local language as well as some other languages. BIS you may have better chances.

Sounds harsh? A lot of people want to come to Switzerland and have similar experience.
Reply With Quote
The following 2 users would like to thank roegner for this useful post:
  #9  
Old 25.06.2020, 22:53
Newbie
 
Join Date: Jun 2020
Location: London
Posts: 6
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
Bibab has no particular reputation at present
Re: Job prospects for foreign qualified lawyers

I was joking about FINMA messaging me of course. But it is disheartening that I would have no chance there even with local language skills given that what they do is probably the closest to my experience...
Reply With Quote
  #10  
Old 25.06.2020, 23:28
Island Monkey's Avatar
Forum Legend
 
Join Date: Mar 2008
Location: Wallis
Posts: 5,743
Groaned at 95 Times in 60 Posts
Thanked 6,301 Times in 2,885 Posts
Island Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond repute
Re: Job prospects for foreign qualified lawyers

Also, something to think about. From the end of this year (if you are British) you will have to go through the non-EU hiring process to get a permit based on your job. If you want a permit as your wife's dependant, then she would have to get a job first with a salary good enough to support both of you, then once you have that permit, you can also work.

One way to get around this, is that you can apply for Swiss citizenship after being married for 6 years.

Last edited by Island Monkey; 25.06.2020 at 23:42.
Reply With Quote
This user would like to thank Island Monkey for this useful post:
  #11  
Old 26.06.2020, 09:09
eyebeebe's Avatar
Forum Veteran
 
Join Date: May 2009
Location: Pfäffikon SZ
Posts: 2,068
Groaned at 17 Times in 16 Posts
Thanked 2,690 Times in 1,156 Posts
eyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond repute
Re: Job prospects for foreign qualified lawyers

A few thoughts, as I work closely with lawyers in my job in banking and not all of them speak German. I am not a lawyer though.

In the meantime, try and get a job with a Swiss bank in London, build a network and apply for a transfer.

Switzerland does lots of cross-border banking. The banks need to adhere to the regulations, so MiFID is just as relevant here as it is in the EU. Each cross-border market will have a market manager, who typically has a legal background, who is responsible for ensuring all cross-border regulations are adhered to. None of the market managers for the UK that I have known over the years speak German, but they were not necessarily British. There are also business risk roles, which I imagine would prize a legal background.

Speaking German will make you more attractive of course.
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Swiss Tax on Selling foreign real estate owned by a foreign company?? Jo Flower Finance/banking/taxation 0 06.08.2015 11:05
Job prospects opinion djturbine Employment 8 04.05.2015 17:48
IRS reach $5bn target / Dual/Foreign Citizen Refliefs / Foreign Retirement plans JBZ86 Finance/banking/taxation 4 05.07.2012 22:47
Job prospects in Zurich for PART Qualified accountant amcg138 Employment 0 22.11.2011 21:18
Taxation and foreign real estate + foreign mortgage belgian beer lover Finance/banking/taxation 27 06.01.2011 01:31


All times are GMT +2. The time now is 15:50.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0