Risk & Compliance Manager

Hunt & Coombs Solicitors; Peterborough; On-site; GBP 40,000 - 60,000; Full time

Job summary

A respected law firm in Peterborough seeks a solicitor specializing in regulatory compliance. You will play a vital role in ensuring adherence to legal standards and managing compliance-related tasks. This opportunity offers the chance to make a significant impact within a professional environment, working closely with various teams to uphold high standards of integrity.

Qualifications

• Experience with SRA Handbook, FSMA, or similar regulatory regimes.
• Strong analytical skills and ability to interpret information quickly.
• Understanding of legal professional privilege.

Responsibilities

• Support compliance with SRA obligations and external requirements.
• Manage client onboarding to ensure due diligence compliance.
• Chair the risk and compliance committee.

Skills

Analytical skills

Leadership

Communication

Education

Solicitor qualification

Job description

Are you ready to play a central role in upholding high standards and shaping a culture of integrity and compliance within a respected law firm? This is your chance to make a lasting impact. We are looking for a solicitor with experience in regulatory compliance within the legal sector.

Hunt & Coombs offers a comprehensive range of legal services for businesses, families, and individuals. From our offices in Peterborough, Oundle, and Huntingdon, we serve our local communities with a modern and personal touch, backed by professionalism and legal expertise.

Main duties and responsibilities

Compliance

• Support the firm’s Compliance Officer for Legal Practice (COLP) and recommend steps to ensure firm-wide compliance with SRA obligations and other external requirements.
• Support and advise the firm’s Money Laundering Reporting Officer (MLRO) and Deputies.
• Manage and support the client onboarding team to ensure compliance with all client due diligence regulations.
• Record and address issues arising, reporting to the Operational Management Board (OMB) promptly.
• Draft and review risk and compliance policies and procedures to meet regulatory and statutory requirements.
• Identify irregularities or issues indicating non-compliance.
• Supervise the firm’s file audit programme.
• Manage the firm’s SRA price transparency requirements.
• Own client engagement letters and terms of business standard forms.
• Generate reports on key risk issues and recommend improvements for discussion at OMB and Members’ meetings.
• Draft consultation responses on issues of interest or concern to the firm.
• Manage internal risk and compliance queries.
• Support the annual SRA PC renewal exercise.
• Assist with GDPR/data protection compliance.
• Support COFA and Finance team in Solicitors Accounts Rules compliance.
• Help HR develop and deliver compliance training and pre-boarding checks.
• Assist teams with responses to regulatory and professional body investigations.
• Chair the risk and compliance committee.
• Represent the firm at external conferences or speaker events.
• Collaborate with OMB to manage and update the GRM risk register, ensuring proportionate risk assessments.

Risk Assessments

• Work with OMB to manage and update the GRM risk register, ensuring assessments are proportionate and demonstrate understanding of risks.
• Share information with the FD on risk mitigation steps.
• Gather internal information for regulatory requests.
• Develop a program to review policies and procedures regularly.
• Ensure fee earners understand and complete client and matter risk assessments per LSAG guidance.

Continued Professional Development

Deliver induction plans covering regulatory requirements and mentor junior fee earners on compliance issues.

Anti-Money Laundering

Support or act as MLRO, review AML policies, keep employees informed, and manage AML audits and training programs.

Information and Cyber Security

Support compliance in this area by working with the IT team to update policies and conduct training.

Knowledge of Risk and Compliance

• Experience with SRA Handbook, FSMA, or similar regulatory regimes.
• Strong analytical skills and ability to interpret information quickly.
• Principled approach with confidence to raise concerns.
• Understanding of legal professional privilege.
• Independence from transactional client work.

Communication and Influencing

• Engage others positively on compliance issues.
• Leadership skills to gain respect as a compliance authority.
• Experience dealing with regulators and professional bodies.
• Ability to simplify complex requirements.
• Adapt communication to different styles.
• Proactive approach to prevent breaches.

Other relevant comments

• Must comply with firm policies and procedures.
• Adopt principles of equal opportunities and non-discrimination.