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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: Enjoy a competitive salary, flexible working, generous holidays, and private medical insurance.
- Why this job: Make a real impact in shaping the future of risk management in 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 from day one.
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.
- 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?
- 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.
Senior Risk Analyst employer: cms
Contact Detail:
cms Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and compliance sectors. A friendly chat can lead to insider info about job openings or even a referral, which can give you a leg up in the application process.
✨Tip Number 2
Prepare for interviews by researching the company’s recent projects and challenges. This shows you're genuinely interested and ready to contribute to their vision. Plus, it gives you great talking points to impress the hiring team!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email. It keeps you on their radar and shows your enthusiasm for the role. Just keep it short and sweet!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, you’ll find all the latest roles and updates there, making it easier for us to connect with you.
We think you need these skills to ace Senior Risk Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Risk Analyst role. Highlight your experience in compliance and risk management, especially any work you've done in an international commercial law environment. We want to see how your skills align with what 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 our newly created role. Share specific examples of how you've handled compliance queries or resolved conflicts in the past. We love a good story that showcases your skills!
Showcase Your Analytical Skills: As a Senior Risk Analyst, strong analytical skills are key. In your application, mention any relevant research or analytical projects you've worked on. We want to know how you approach problem-solving and decision-making in complex situations.
Apply Through Our Website: Don't forget to apply through our website! It's the best way to ensure your application gets seen by the right people. Plus, it shows us you're serious about joining our forward-thinking team. We can't wait to hear from you!
How to prepare for a job interview at cms
✨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 critical thinking made a difference, especially in resolving complex issues or conflicts.
✨Practice Your Communication
Since this role involves advising internal clients and delivering training, practice articulating complex compliance matters clearly and concisely. You might even want to do a mock presentation to a friend to get comfortable with your delivery.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to risk management and compliance. Prepare by thinking through how you would handle various scenarios, especially those involving conflict resolution or sensitive information.