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For Companies At a Glance
- Tasks: Lead risk management and compliance efforts in a top-tier law firm.
- Company: Join a leading US Law Firm with a strong presence in London.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
- Why this job: Make a real impact by shaping compliance strategies and supporting legal professionals.
- Qualifications: 5+ years in Risk and Compliance within the legal sector is a must.
- Other info: Ideal for dedicated professionals ready to elevate their career.
The predicted salary is between 48000 - 72000 £ per year.
Job Description
A leading US Law Firm is looking for a Senior Risk Manager/Lawyer to join their London team.
The ideal candidate for the Senior Risk Manager/Lawyer role will have advanced knowledge of risk and compliance within the legal sector, a strong understanding of regulatory frameworks, and a proven track record of managing compliance issues effectively.
Key Responsibilities for the Risk Manager:
- Provide expert legal guidance on risk and compliance matters within the firm.
- Develop, implement, and maintain risk management policies and procedures.
- Conduct annual reviews and updates of the Compliance Plan, Risk Management Manuals, AML Manual, and all risk-related policies to ensure they are current and effective.
- Monitor and assess compliance with regulatory requirements and internal policies.
- Maintain an in-depth understanding of the SRA regulatory framework, Money Laundering Regulations, and other relevant legislation.
- Ensure that the firm adheres to all relevant regulatory and legal standards.
- Collaborate with the COLP, COFA, and MLROs as needed to address compliance concerns and implement solutions.
- Provide guidance and support to attorneys and staff on compliance-related matters.
- Identify, assess, and mitigate risks associated with the firm\’s operations and client engagements.
- Develop and implement risk mitigation strategies to protect the firm and its clients.
- Conduct regular risk assessments and audits to identify potential areas of concern.
- Develop and deliver training programs on risk management and compliance topics for attorneys and staff.
- Keep the firm informed of any changes in relevant laws and regulations.
Qualifications:
- Minimum of 5 years’ experience in a Risk and Compliance role or a similar position within the legal sector (essential).
- Advanced knowledge of risk and compliance practices in the legal industry (essential).
- Experience liaising with attorneys and senior management on compliance issues.
- Strong understanding of the SRA regulatory framework, Money Laundering Regulations, and other relevant legislation.
If you are a dedicated professional looking to elevate your career in a supervisory role with a leading international law firm, we invite you to apply or get in touch at .
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Senior Risk Manager/Lawyer employer: ZipRecruiter
Contact Detail:
ZipRecruiter Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Manager/Lawyer
✨Tip Number 1
Make sure to stay updated on the latest developments in risk and compliance regulations, especially those related to the SRA and Money Laundering Regulations. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 2
Network with professionals in the legal sector, particularly those who specialize in risk management and compliance. Attend industry events or join relevant online forums to connect with potential colleagues and learn about job openings.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you successfully managed compliance issues or developed risk management strategies. This will showcase your expertise and problem-solving skills during the interview process.
✨Tip Number 4
Familiarize yourself with the firm's existing risk management policies and procedures. Understanding their current framework will allow you to provide tailored insights and suggestions during your interview, making you a more attractive candidate.
We think you need these skills to ace Senior Risk Manager/Lawyer
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Senior Risk Manager/Lawyer position. Familiarize yourself with the key responsibilities outlined in the job description.
Tailor Your CV: Customize your CV to highlight your relevant experience in risk and compliance within the legal sector. Emphasize your understanding of regulatory frameworks and any specific achievements that demonstrate your ability to manage compliance issues effectively.
Craft a Compelling Cover Letter: Write a cover letter that clearly articulates your motivation for applying and how your background aligns with the firm's needs. Mention your experience with SRA regulations and your approach to risk management.
Highlight Relevant Experience: In your application, be sure to detail your experience liaising with attorneys and senior management on compliance issues. Provide examples of how you've developed and implemented risk management policies and training programs in previous roles.
How to prepare for a job interview at ZipRecruiter
✨Showcase Your Expertise
Be prepared to discuss your advanced knowledge of risk and compliance within the legal sector. Highlight specific examples from your past experience where you successfully managed compliance issues or developed risk management policies.
✨Understand Regulatory Frameworks
Demonstrate a strong understanding of the SRA regulatory framework and Money Laundering Regulations. Be ready to explain how these regulations impact the firm's operations and how you have ensured compliance in previous roles.
✨Collaborative Mindset
Emphasize your ability to collaborate with attorneys and senior management. Share instances where you worked with teams to address compliance concerns and implement effective solutions, showcasing your teamwork skills.
✨Training and Development Focus
Discuss your experience in developing and delivering training programs on risk management and compliance topics. This shows your commitment to fostering a culture of compliance within the firm and your ability to educate others.
