At a Glance
- Tasks: Lead risk management operations and ensure regulatory compliance across all departments.
- Company: A growing law firm focused on delivering top-notch legal services.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Opportunity to influence strategic direction and oversee operational delivery.
- Why this job: Shape the future of risk management in a thriving legal firm.
- Qualifications: Experienced risk lawyer or senior compliance professional with strong planning skills.
The predicted salary is between 80000 - 100000 £ per year.
We are working with a growing law firm to hire a Head of Risk. In this role, you will work closely with the Director of Risk to lead the day-to-day operational management of the Risk & Best Practice function, delivering a first-class regulatory service across all legal and business departments.
The firm is looking for an experienced risk lawyer or senior compliance professional who has advanced their career within a law firm environment. You should be a methodical professional with excellent planning and coordination skills, capable of staying calm under pressure and providing succinct, commercially focused solutions to senior stakeholders.
The responsibilities will include:
- Overseeing the daily operations of the risk teams to ensure seamless firmwide delivery of regulatory compliance.
- Deputising for the Director of Risk and supporting critical reporting for the Board and the Audit & Risk Committee.
- Acting as the senior escalation point for significant regulatory, ethical, professional liability, and reputational risks.
- Managing day-to-day incidents, near misses, data breaches, and the implementation of information barriers.
- Maintaining specialist governance over anti-money laundering frameworks, data protection requirements, and information security standards like ISO 27001.
- Coordinating internal audit planning and managing the firm's quality and environmental management systems.
- Leading the firm's professional indemnity insurance renewals, claims handling, and the administration of the complaints-handling process.
- Providing senior-level advice on client contracts, tenders, outside counsel guidelines, and complex ethical queries.
- Driving the performance, recruitment, capacity management, and professional development of the compliance team.
This position offers an exceptional opportunity to shape the strategic direction of an expanding risk department while maintaining strong oversight of operational delivery.
Please submit your application today to start a confidential discussion.
Head of Risk in West Bromwich employer: AJ FOX COMPLIANCE
Join a dynamic and expanding law firm as the Head of Risk, where you will be part of a collaborative and supportive work culture that prioritises professional development and employee growth. With a focus on delivering first-class regulatory services, this role offers the chance to shape the strategic direction of the risk department while enjoying a competitive benefits package and a commitment to work-life balance in a vibrant location. The firm values innovation and encourages its employees to contribute to meaningful solutions, making it an excellent employer for those seeking a rewarding career in the legal sector.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Risk in West Bromwich
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and compliance sectors. Attend industry events or webinars where you can meet potential employers or colleagues who might know about openings. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the firm thoroughly. Understand their risk management practices and be ready to discuss how your experience aligns with their needs. We want you to shine as the ideal candidate for the Head of Risk role!
✨Tip Number 3
Showcase your expertise! Bring examples of how you've handled regulatory compliance issues or managed risk in previous roles. This will demonstrate your capability to lead the risk team effectively and provide value from day one.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we’re always on the lookout for talented individuals like you to join our growing team.
We think you need these skills to ace Head of Risk in West Bromwich
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Risk role. Highlight your experience in risk management and compliance, and don’t forget to showcase those methodical planning skills we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific experiences that relate to overseeing risk teams and managing regulatory compliance.
Showcase Your Problem-Solving Skills:In your application, give examples of how you've provided commercially focused solutions under pressure. We want to see how you’ve handled significant risks and incidents in the past!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and kick off the conversation about this exciting opportunity.
How to prepare for a job interview at AJ FOX COMPLIANCE
✨Know Your Risk Regulations
Make sure you brush up on the latest regulations and compliance standards relevant to the legal sector. Being able to discuss specific frameworks, like anti-money laundering or ISO 27001, will show that you're not just familiar with the basics but are also well-versed in the nuances of risk management.
✨Demonstrate Leadership Skills
As a Head of Risk, you'll be expected to lead teams and manage incidents effectively. Prepare examples from your past experiences where you've successfully led a team through a challenging situation or implemented a new process that improved compliance. This will highlight your capability to stay calm under pressure.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that test your problem-solving skills. Think about potential regulatory challenges a law firm might face and how you would address them. This will demonstrate your ability to provide succinct, commercially focused solutions to senior stakeholders.
✨Showcase Your Communication Skills
Effective communication is key in this role, especially when dealing with senior stakeholders. Practice articulating complex ideas clearly and concisely. You might even want to prepare a brief presentation on a relevant topic to showcase your ability to convey important information effectively.