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- Tasks: Support the Risk team in managing compliance and regulatory risks while advising internal clients.
- Company: Join a forward-thinking law firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, flexible working, generous holiday, and private medical insurance.
- Why this job: Make a real impact in shaping risk management strategies within a dynamic environment.
- Qualifications: 5+ years in compliance, strong analytical skills, and experience in international commercial law.
- Other info: Ongoing training and development opportunities to help you thrive in your career.
The predicted salary is between 36000 - 60000 £ per year.
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 waiver 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 skills
- Clear 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.
Senior Risk Analyst in London employer: CMS Legal
Contact Detail:
CMS Legal Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Analyst in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the hunt for a Senior Risk Analyst role. You never know who might have the inside scoop on an opportunity or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of the SRA Code of Conduct and compliance regulations. We want you to be able to showcase your expertise and how it aligns with the firm's vision during the chat!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Plus, it shows your enthusiasm for the role and the company.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll get all the latest updates on the role and the company directly from us.
We think you need these skills to ace Senior Risk Analyst in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in compliance and risk management. We want to see how your skills align with the specific requirements of the Senior Risk Analyst role.
Showcase Your Experience: Don’t just list your previous jobs; explain how your past roles have prepared you for this position. We’re looking for candidates with a solid background in international commercial law and compliance, so make that clear!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon and ensure your communication is easy to understand. This will reflect your ability to communicate effectively in the role.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way to ensure your application gets seen by the right people. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at CMS Legal
✨Know Your Regulations
Make sure you brush up on the SRA Code of Conduct and any relevant compliance regulations. Being able to discuss these confidently will show that you're not just familiar with the rules, but that you can apply them in real-world scenarios.
✨Showcase Your Analytical Skills
Prepare examples from your past experience where you've demonstrated strong research and analytical skills. Think about specific situations where your structured critical thinking made a difference in resolving complex issues.
✨Practice Your Communication
Since this role involves advising internal clients and delivering training, practice articulating your thoughts clearly and efficiently. You might even want to do a mock presentation on a compliance topic to get comfortable with explaining complex information.
✨Be Ready for Conflict Resolution Scenarios
Expect questions around handling conflicts and difficult queries. Prepare some examples of how you've managed similar situations in the past, focusing on your diplomacy and tact. This will demonstrate your ability to stay calm under pressure.
