JP Morgan Chase has hired Sally Dewar, the former head of risk at the FSA, to help manage its global response to regulatory change.
Dewar will join the bank's London office in June as a managing director, reporting to Barry Zubrow, global head of risk, the Financial Times reports.
The former regulator will help lobby for the bank to the European Union and US rulemakers, and represent JP Morgan Chase on various industry groups.
She will also work on implementation of new global and EU rules.
Once considered a potential successor to FSA chief executive Hector Sants, Dewar announced her resignation last spring.
She is one of a flood of top FSA officials who are leaving as the coalition government prepares to break up the watchdog into two separate authorities.
Dewar left the regulator in January and is currently on gardening leave, as required by UK conflict of interest rules.
She said her top projects this year would be working on several EU legislative areas including the planned revisions to MiFID, the new rules for over-the-counter directives and the implementation of the new directive on hedge funds and private equity.
"I've always been passionate about the reform agenda and getting it right," Dewar told the FT.
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