Risk Manager - Bath, Somerset, United Kingdom - LR Legal Recruitment

Description

ROLE - Risk & Best Practice Manager LOCATION - BathSALARY - £50k - £60k HYBRID - 2/3 days a week in officeWe are currently recruiting for a Risk and Best Practice Manager to join our Bath office.

The role will include management of the firm's Risk and Compliance arrangements, including its policies and procedures, and providing advice on compliance and regulatory matters to partners and staff.

Assist the Director of Risk and Best Practice and Senior Risk Lawyer in promoting and embedding a culture of compliance and ensure everyone is aware of their risk and compliance responsibilitiesAs a line manager, be the escalation point for risk and compliance queries including those arising out of the risk inbox and through the client and matter inception process.

Providing coaching to other members of the team.

Produce concise, professional, policies, bulletins, communications and training materials to improve risk and compliance knowledge across the firm; assist with the firm's compliance training programme.

Provide technical advice on a broad range of risk and compliance matters, including but not limited to:
anti-money laundering and client due diligence, data protection and information security, conflicts of interests and confidentiality issues, fee sharing and referral arrangements, Insurance Distribution Directive, Legal Aid Agency queries, Lexcel queries, and professional ethics queriesLead and manage compliance and best practice projects to improve compliance across the firmWork closely with departments to understand their commercial needs and ambitions and provide guidance on any compliance implicationsAssist with the management of the compliance policy portfolio and ensure all policies and reviewed regularly and training providedAssist the Director of Risk and Best Practice and Senior Risk Lawyer with the creation of KPIs and performance metrics to report on the effectiveness of compliance controls to senior management committees and stakeholders; analyse root cause analysis of compliance breaches and make recommendations for improvementCarry out audits to assess compliance with policies and procedures and make recommendations for remedial actionAssist with the firm's Legal Aid Agency contracts, audits and associated administrationAdminister the ongoing maintenance of the firm's compliance-related standards (currently Lexcel) and facilitate external auditsEssential skills:Previous experience working in Risk and Compliance within a law firmGood technical knowledge of core compliance subjects relevant to law firms (SRA standards and regulations, data protection and AML)


Desirable skills:
Knowledge of legal aid workExperience of managing and coaching others