Description:
Our client, a national law firm, is looking for a risk and Compliance Lawyer to work alongside the Head of Risk and Compliance. Duties include:
- Monitoring and continuing to improve risk and compliance across the business.
- Providing accurate, proportionate, commercial and risk-based specialist legal, regulatory, risk or compliance advice and escalating in accordance with process.
- Day to day responsibility, subject to escalation, for investigating and resolving all formal complaints, incidents and breaches, establishing the causes and reporting on mitigation and themes.
- Managing firmwide risks particularly around ethical, regulatory and conduct risks including updating and reporting on risk registers.
- Undertaking the R&C file reviews including thematic reviews and audits, ensuring that all corrective actions are mitigated, and any trends/issues are managed.
- Analysing all R&C data and providing succinct and meaningful reports on trends, emerging risk issues or developments, providing suggestions for mitigation and updating the departmental risk registers.
- Responsibility for managing the R&C team’s responses to client requests/questionnaires and tenders including escalating to the Risk & Compliance committee as required with recommendations to mitigate risks.
- Keeping up to date with emerging risk issues, as appropriate, preparing reports to the Risk & Compliance committee and/or the Exec with recommendations around mitigation.
- Developing and communicating concise and user-friendly R&C policies, procedures, guidance and communications.
- Monitoring and considering the impact of regulatory and legislative changes to identify gaps in the firm’s risk and compliance knowledge and being proactive to address those gaps.
- Providing input into business and strategic decisions from a risk and compliance perspective, including providing support for internal projects to ensure that our regulatory responsibilities are met.
- Undertake any other ad hoc duties as required, commensurate with the level of the post.