At a Glance
- Tasks: Lead the formation of a new risk and compliance team in a prestigious law firm.
- Company: Join a historic London law firm with over 200 years of excellence and diverse clientele.
- Benefits: Enjoy a collaborative culture, mentorship opportunities, and a chance to shape a new department.
- Why this job: Be part of an exciting growth journey and make a significant impact in a respected firm.
- Qualifications: Must be an English qualified solicitor with managerial experience in law firm risk and compliance.
- Other info: Work closely with senior stakeholders and develop a best-in-class department.
The predicted salary is between 43200 - 72000 £ per year.
We are proud to be working with a long-established and highly regarded London law firm to hire its first Director of Risk & Compliance. Our client is a full-service law firm with a diverse client base, that prides itself on providing market-leading advice across a broad range of sectors and markets, including the built environment, employment, private client, education and charities. The firm’s history goes back over 200 years and today is an exciting, diverse, and growing business.
The firm currently has a dispersed risk and compliance function with the key roles held by various partners and employees including the Managing Partner, and Partners in litigation and real estate. The current managing team has set ambitious growth targets for the next five years and as part of that plan they want to consolidate the risk and compliance function to form an independent full-service department.
The new Director of Risk & Compliance will lead the formation of this new team, reporting directly to the Managing Partner and working closely with the COO. This exciting opportunity will require an English qualified solicitor who has substantial experience of working in an SRA-regulated environment. You should have a broad range of knowledge and expertise across the key risk and compliance categories, including, but not limited to, SRA regulation, financial crime, conflicts, data protection, business acceptance and insurance. Commercial contracts and the Firm’s terms of business will also fall into your remit.
As head of the department, you will be responsible for the strategy and formation of the new function and will control the budget. Initially you will work closely with the Firm’s appointed COLP, MLRO, COFA and MLCO with a view to taking on these positions once you have settled into the role.
This is a fantastic opportunity, and we are seeking an individual with passion, energy and commitment to take on the challenge and deliver a best-in-class department for the Firm. To be successful you must be able to demonstrate leadership skills and have credibility when interacting with senior stakeholders, colleagues and third parties. The role will require you to mentor, coach and develop people so an ability to gain trust and teach will be important. Due to the breadth of this role, you will also need to be able to show strong organisational skills, an ability to multi-task and excellent attention to detail.
The successful candidate must have previous experience in law firm risk & compliance, in a managerial role. You should be able to demonstrate a wide range of knowledge across all areas of relevance, including, but not limited to financial crime, professional indemnity, SRA regulation and data protection.
Most importantly we are seeking an individual who aligns with the culture and values of the Firm. While being entrepreneurial and hardworking you must also be friendly, collaborative and inclusive. We have an environment which fosters a down-to-earth approach and is respectful of everyone, creating a happy and inclusive place to be.
If you believe you have the necessary skills and experience and would like to know more about this incredible opportunity please get in touch with Michelle Corneby at Cyan Partners, michelle@cyan.partners.
Cyan Partners is exclusively retained on this recruitment assignment and all applications will be directed to them.
Director of Risk & Compliance (law firm) employer: Cyan Partners
Contact Detail:
Cyan Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Risk & Compliance (law firm)
✨Tip Number 1
Research the law firm's history and values thoroughly. Understanding their culture and how they operate will help you align your approach during interviews and discussions, showcasing that you're a great fit for their team.
✨Tip Number 2
Network with current or former employees of the firm, if possible. They can provide valuable insights into the firm's expectations and culture, which can help you tailor your conversations and demonstrate your understanding of their environment.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that highlight your leadership skills and ability to manage risk and compliance in a law firm setting. This will show your potential employer that you have the practical knowledge needed for the role.
✨Tip Number 4
Familiarise yourself with the latest trends and regulations in risk and compliance within the legal sector. Being able to discuss these topics intelligently will demonstrate your commitment to staying informed and your readiness to lead the new department.
We think you need these skills to ace Director of Risk & Compliance (law firm)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Director of Risk & Compliance position. Tailor your application to highlight your relevant experience in risk and compliance within a law firm.
Craft a Compelling CV: Your CV should clearly outline your qualifications, including your experience in SRA-regulated environments and your leadership skills. Use specific examples to demonstrate your expertise in areas like financial crime, data protection, and compliance management.
Write a Strong Cover Letter: In your cover letter, express your passion for the role and the firm’s values. Highlight your ability to lead and develop a new department, and mention how your previous experiences align with the firm's ambitious growth targets.
Showcase Your Soft Skills: Since the role requires strong organisational skills and the ability to mentor others, be sure to include examples of how you've successfully managed teams or projects in the past. Emphasise your collaborative approach and ability to build trust with stakeholders.
How to prepare for a job interview at Cyan Partners
✨Showcase Your Leadership Skills
As the role requires strong leadership, be prepared to discuss your previous experiences in managing teams and driving compliance initiatives. Highlight specific examples where you successfully led a project or mentored colleagues.
✨Demonstrate Your Knowledge of Regulations
Familiarise yourself with SRA regulations and other relevant compliance areas. Be ready to discuss how you've navigated these in past roles, and provide insights on how you would approach compliance challenges in this new position.
✨Align with the Firm's Culture
The firm values a friendly and inclusive environment. During the interview, express your commitment to collaboration and inclusivity. Share examples of how you've fostered a positive team culture in your previous roles.
✨Prepare for Strategic Discussions
Since you'll be responsible for forming a new department, think about strategic ideas you could bring to the table. Prepare to discuss your vision for the risk and compliance function and how it aligns with the firm's growth targets.