Job Description
A leading US Law Firm is looking for a Senior Risk Manager/Lawyer to join their London team.
The ideal candidate for the Senior Risk Manager/Lawyer role will have advanced knowledge of risk and compliance within the legal sector, a strong understanding of regulatory frameworks, and a proven track record of managing compliance issues effectively.
Key Responsibilities for the Risk Manager:
1. Provide expert legal guidance on risk and compliance matters within the firm.
2. Develop, implement, and maintain risk management policies and procedures.
3. Conduct annual reviews and updates of the Compliance Plan, Risk Management Manuals, AML Manual, and all risk-related policies to ensure they are current and effective.
4. Monitor and assess compliance with regulatory requirements and internal policies.
5. Maintain an in-depth understanding of the SRA regulatory framework, Money Laundering Regulations, and other relevant legislation.
6. Ensure that the firm adheres to all relevant regulatory and legal standards.
7. Collaborate with the COLP, COFA, and MLROs as needed to address compliance concerns and implement solutions.
8. Provide guidance and support to attorneys and staff on compliance-related matters.
9. Identify, assess, and mitigate risks associated with the firm's operations and client engagements.
10. Develop and implement risk mitigation strategies to protect the firm and its clients.
11. Conduct regular risk assessments and audits to identify potential areas of concern.
12. Develop and deliver training programs on risk management and compliance topics for attorneys and staff.
13. Keep the firm informed of any changes in relevant laws and regulations.
Qualifications:
1. Minimum of 5 years’ experience in a Risk and Compliance role or a similar position within the legal sector (essential).
2. Advanced knowledge of risk and compliance practices in the legal industry (essential).
3. Experience liaising with attorneys and senior management on compliance issues.
4. Strong understanding of the SRA regulatory framework, Money Laundering Regulations, and other relevant legislation.
If you are a dedicated professional looking to elevate your career in a supervisory role with a leading international law firm, we invite you to apply or get in touch at .
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