Risk Compliance Manager

JR United Kingdom; Nottingham; On-site; GBP 45,000 - 70,000; Full time

Job summary

A leading UK law firm is seeking a Risk & Compliance Manager for their Peterborough office. The successful candidate will have a strong legal background and experience in regulatory compliance, providing essential guidance on risk management and policy adherence within the firm. This role emphasizes mentorship and collaboration with various departments to ensure compliance with legal requirements and enhance risk frameworks.

Qualifications

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

Responsibilities

• Provide guidance to the Money Laundering Reporting Officer (MLRO).
• Oversee the firm's AML frameworks and compliance with SRA regulations.
• Draft and maintain compliance and risk management policies.

Skills

Regulatory compliance

Risk management

Data protection

Communication

Influencing skills

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]