Senior Risk Analyst

CMS Legal; Greater London; Hybrid; GBP 55,000 - 75,000; Full time

Job summary

A leading law firm in Greater London is seeking a Senior Risk Analyst to support the Risk and Compliance team. This role involves managing compliance queries, advising internal clients, and assisting in risk assessments. Candidates should have a minimum of 5 years' experience in compliance and professional practice regulation, with strong analytical and communication skills. The firm offers a competitive salary, flexible working conditions, and comprehensive benefits for all employees.

Benefits

Competitive basic salary

Flexible, hybrid working policy

Generous bonus scheme

Up to 28 days holiday with service

Private medical insurance

Qualifications

• Minimum of 5 years' experience in compliance and professional practice regulation.
• Ability to demonstrate structured critical thinking skills.
• Training experience in compliance procedures.

Responsibilities

• Support the Head of Risk in managing regulatory, compliance, and professional risks.
• Assist internal clients with compliance matters and training.
• Review and advise on client terms and engage in risk assessments.

Skills

Experience in an international commercial law environment

Research and analytical skills

Knowledge of the SRA Code of Conduct

Communication skills

Organisation skills

Ability to handle conflicts

Data protection experience

Job description

We are seeking a Senior Risk Analyst to join a recently restructured Risk and Compliance team. This is a newly created role and offers a great opportunity for the right candidate to make a real contribution towards the shape and vision of this forward-thinking Department.

About the role

The role supports the Head of Risk/Senior Risk Manager in identifying and managing the firm's regulatory, compliance and professional risks.

In this role, you can expect to get involved in a variety of work including:

• Manage the Risk Team inbox and responding to a wide range of compliance queries raised by fee earners and business support departments ("internal clients")
• When necessary work closely with the Conflicts Manager to resolve escalated conflict issues, of a commercial and legal nature, within the firm
• Respond to general risk queries on the interpretation and application of the SRA Code of Conduct
• Providing support to internal clients on general compliance matters such as share dealing, confidentiality obligations, outside interests, anti-bribery and corruption
• Assisting with auditor, third party reliance, secondment and supplier documents
• Advise internal clients on the use of engagement letters and terms of business, including key provisions such as, conflict wavier language, confidentiality, limitation of liability
• Review and advise on client terms, working closely with the Risk Department's Contract Lawyer
• Deliver firm-wide training on compliance and risk issues so that internal clients are kept up to date with the firm's policies and procedures as well as understanding their personal responsibilities
• Assisting with internal risk assessments, audits and investigations
• Assisting with data protection issues, such as data breaches and subject access requests
• Reviewing client file requests in accordance with firm protocol
• Maintain and improve systems, processes, procedures, policies and team guidance
• Acting as a point of contact on regulatory risk issues from the wider new business intake teams, including Conflicts, AML and Matter Administration
• Advise internal clients on any relevant risk and compliance issues associated with the taking on of new business
• Monitor developments in relevant law, regulation, policy and market practice and work with the Head of Risk/Senior Risk Manager in amending existing policies and procedures or drafting new ones as necessary
• Assisting the Head of Risk/Senior Risk Manager with various strategic risk projects from time to time and the firm's General Counsels
• Building the profile of the Risk Department within CMNO

About you

We will invest in your ongoing training and development to support your professional goals and help you to thrive in your role from day one. Our opportunities are open to all suitably qualified applicants, so to be considered for this role, you must meet the following skills and experience:

• Experience of working in an international commercial law environment
• A minimum of 5 years' experience in compliance and professional practice regulation
• Knowledge of the SRA code of Conduct
• Excellent research and analytical experience
• Discrete and professional as the information will be confidential and sensitive
• Flexible and able to adapt to new situations, processes and technology.
• Proactive, resilient and calm under pressure
• Ability to handle conflicts and difficult queries with diplomacy and tact
• Able to demonstrate structured critical thinking skills
• Sound judgement and analytical skillsClear and efficient communication skills
• Strong organisation skills
• Training experience in compliance procedures
• Data protection experience
• Experience in resolving complex conflict issues
• Contract review experience

What's in it for you?

We want to reward you today and help you plan for tomorrow. We appreciate that everyone is different, therefore we have designed a benefits system that offers choice and flexibility based on individual needs and lifestyles. To name a few, these include:

• Competitive basic salary (reviewed annually)
• Flexible, hybrid working policy
• Generous bonus scheme
• Up to 25 days holiday (rising to 28 days with service)
• Holiday exchange scheme
• Private medical insurance
• Enhanced parental leave
• Reasonable adjustments and accommodation for disabled talent in accordance with the Equality Act 2010.

If you would like to read more information regarding our range of benefits, please visit our Rewards & Benefits page on our website.

Please note that we have a preferred agency panel in place. Only applications submitted via the portal at the point of instruction will be accepted.