Risk Compliance Manager

JR United Kingdom; Cardiff; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading UK law firm is seeking a Risk & Compliance Manager to join their Peterborough Team. Candidates should be qualified solicitors with a strong background in regulatory compliance, including oversight of anti-money laundering frameworks and adherence to SRA regulations. The role encompasses mentoring junior staff and upholding the firm's risk management standards.

Qualifications

• Demonstrated experience in regulatory compliance.
• Experience working with external regulators and professional bodies.

Responsibilities

• Provide guidance to the Money Laundering Reporting Officer (MLRO) and their deputies.
• Draft, review, and maintain the firm's compliance and risk management policies and procedures.
• Investigate potential non-compliance issues and assess their impact.

Skills

Regulatory compliance

Influencing compliance

Education

Qualified solicitor

Job description

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A leading UK law firm is looking for a Risk & Compliance Manager to join their Peterborough Team.

The ideal candidate for the Risk & Compliance Manager role will be a qualified solicitor with a background in regulatory compliance within the legal environment.

Key Responsibilities for the Risk & Compliance Manager role:

• Provide guidance to the Money Laundering Reporting Officer (MLRO) and their deputies.
• Act as, or support, the firm’s MLRO in maintaining and updating AML frameworks.
• Regularly review the LSAG action plan and the firm’s AML Risk Assessment.
• Support the Compliance Officer for Legal Practice (COLP) by ensuring firm-wide adherence to SRA regulations and other statutory obligations.
• Investigate potential non-compliance issues and assess their impact.
• Draft, review, and maintain the firm’s compliance and risk management policies and procedures
• Ensure compliance with SRA price transparency requirements.
• Oversee and support the client onboarding team in ensuring compliance with due diligence protocols.
• Draft, review, and maintain the firm’s compliance and risk management policies and procedures.
• Provide guidance on data protection and GDPR compliance matters.
• Work with the COFA and Finance team to uphold compliance with the Solicitors Accounts Rules.
• Communicate key risk areas to the Finance Director and suggest practical actions to reduce risk.
• Coordinate with departments to collect information for regulatory submissions.
• Establish a review schedule for firm policies, ensuring they remain current and aligned with industry expectations.
• Guide fee earners through completing client and matter risk assessments in line with LSAG guidelines.
• Act as a mentor to junior lawyers and support their development in compliance-related matters.

Qualifications & Experience:

• Demonstrated experience in regulatory compliance
• Experience working with external regulators and professional bodies
• Ability to influence firm-wide adherence to compliance through positive engagement.

If you are an experienced Compliance professional with a passion for risk management and a commitment to maintaining the highest regulatory standards, we encourage you to apply for the Risk & Compliance Manager role or get in touch at [emailprotected]