Director of Risk & Compliance (law firm)
Director of Risk & Compliance (law firm)

Director of Risk & Compliance (law firm)

City of London Full-Time 72000 - 108000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the formation of a new risk and compliance department in a prestigious law firm.
  • Company: Join a long-established London law firm with over 200 years of history and diverse clients.
  • Benefits: Enjoy a collaborative culture, mentorship opportunities, and a chance to shape a new team.
  • 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 substantial 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 72000 - 108000 £ 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

As a prestigious law firm with over 200 years of history, we offer an exceptional work environment that prioritises collaboration, inclusivity, and professional growth. Our commitment to fostering a supportive culture allows employees to thrive while taking on meaningful challenges, particularly in the newly established Risk & Compliance department. Located in London, we provide competitive benefits and opportunities for mentorship, ensuring that our team members can develop their skills and advance their careers in a dynamic and respected legal setting.
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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. Engaging with them can provide valuable insights into the firm's expectations and the nuances of the role, which can be beneficial when discussing your experience and vision for the department.

✨Tip Number 3

Prepare to discuss specific examples of your leadership and mentoring experiences. Since the role involves developing a new team, demonstrating your ability to lead and inspire others will be crucial in making a strong impression.

✨Tip Number 4

Familiarise yourself with the latest trends and regulations in risk and compliance within the legal sector. Being well-versed in current issues will not only show your expertise but also your commitment to staying ahead in this ever-evolving field.

We think you need these skills to ace Director of Risk & Compliance (law firm)

Leadership Skills
Knowledge of SRA Regulation
Experience in Risk & Compliance Management
Understanding of Financial Crime Regulations
Data Protection Expertise
Conflict Resolution Skills
Commercial Contract Knowledge
Budget Management
Stakeholder Engagement
Mentoring and Coaching Abilities
Organisational Skills
Attention to Detail
Ability to Multi-task
Collaborative Approach
Strong Communication Skills

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. Familiarise yourself with the key areas mentioned in the job description, such as SRA regulation and financial crime.

Tailor Your CV: Craft your CV to highlight relevant experience in risk and compliance within a law firm setting. Emphasise your managerial roles and any specific achievements that demonstrate your leadership skills and ability to develop teams.

Write a Compelling Cover Letter: Your cover letter should reflect your passion for the role and the firm’s values. Discuss how your background aligns with their needs and express your enthusiasm for leading the formation of a new risk and compliance department.

Showcase Soft Skills: In your application, be sure to mention your soft skills, such as collaboration, mentorship, and organisational abilities. These are crucial for the role, so provide examples of how you've successfully demonstrated these traits in previous positions.

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 SRA Regulations

Make sure to brush up on your understanding of SRA regulations and other compliance areas relevant to the law firm. Be ready to discuss how you've navigated these regulations in past roles and how you would approach them in this new position.

✨Align with the Firm's Culture

The firm values a friendly and inclusive environment, so 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 risk and compliance department, think about strategic ideas you could bring to the table. Prepare to discuss your vision for the department and how you plan to achieve the firm's ambitious growth targets.

Director of Risk & Compliance (law firm)
Cyan Partners
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