A small law firm in London is looking for a Compliance Manager to join their team.
The Compliance Manager will take day-to-day responsibility for the firm’s compliance, risk, and business acceptance with oversight from the COO and the firm's COLP, particularly in relation to new client and matter take-on procedures.
This role will act as the first point of contact for all Risk & Compliance and regulatory queries and reports to the COO.
Key Responsibilities
Support the Operations team with all aspects of Client Due Diligence and Conflict checks and act as an escalation for complex Fee Earner queries. AML
Review AML documentation in line with the firm's policies and complete risk assessments on new and re-opened clients and matters. Advise fee earners on the firm's AML requirements. Conduct ongoing monitoring of clients and enhanced client due diligence checks for higher risk clients. Conduct research in relation to AML checks and advise on best online systems to verify clients' identities and run background checks. Client and Matter Management
Run and review conflict checks. Monitor the Client Opening team inbox and respond to queries as appropriate. Run sanctions checks and respond to sanction list alerts. Monitor engagement letter compliance. Manage client and matter records maintenance, e.g., updating outdated records and advising on firm policy in relation to this. Risk and Compliance
Advise Operations team and Fee Earners on the firm's compliance policies and best practice. Conduct new joiner and other ad hoc training for staff on the firm's compliance policies and procedures. Maintain compliance registers (e.g., undertakings). Educate employees and partners on compliance regulations and the impact of non-compliance to the firm, including on induction and when significant changes occur. Maintain all registers, keeping them up to date and producing quarterly reports for COO (Breaches, GDPR, Undertakings, etc.). First point of contact in dealing with and evaluating any client complaints. Assist with annual Professional Indemnity renewal, including producing a risk management report to accompany PI submissions. Support with CQS renewal and re-accreditation and with lender panel requirements. Support with annual SRA registration renewal. Assist with ESG and Info Sec queries. Supervise junior members of the team. Assist with any other duties that might be reasonably assigned to the role. Experience
3-5 years experience as a Compliance Officer in a law firm or professional service firm. A law degree/compliance or AML diploma would be preferable. Knowledge of key processes such as conflict checks and AML is a prerequisite. This is a great opportunity for someone with experience to step up into a Manager role and grow and develop with the firm, helping take the compliance function forward. They are a lovely team and firm, and the role offers hybrid working. Salary up to £70,000. If you would like to enquire about this opportunity, please contact Rowena Bubb of Lewis Row Recruitment on 07743 590192 or rowena@lewisrow.com.
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Support the Operations team with all aspects of Client Due Diligence and Conflict checks and act as an escalation for complex Fee Earner queries. AML
Review AML documentation in line with the firm's policies and complete risk assessments on new and re-opened clients and matters. Advise fee earners on the firm's AML requirements. Conduct ongoing monitoring of clients and enhanced client due diligence checks for higher risk clients. Conduct research in relation to AML checks and advise on best online systems to verify clients' identities and run background checks. Client and Matter Management
Run and review conflict checks. Monitor the Client Opening team inbox and respond to queries as appropriate. Run sanctions checks and respond to sanction list alerts. Monitor engagement letter compliance. Manage client and matter records maintenance, e.g., updating outdated records and advising on firm policy in relation to this. Risk and Compliance
Advise Operations team and Fee Earners on the firm's compliance policies and best practice. Conduct new joiner and other ad hoc training for staff on the firm's compliance policies and procedures. Maintain compliance registers (e.g., undertakings). Educate employees and partners on compliance regulations and the impact of non-compliance to the firm, including on induction and when significant changes occur. Maintain all registers, keeping them up to date and producing quarterly reports for COO (Breaches, GDPR, Undertakings, etc.). First point of contact in dealing with and evaluating any client complaints. Assist with annual Professional Indemnity renewal, including producing a risk management report to accompany PI submissions. Support with CQS renewal and re-accreditation and with lender panel requirements. Support with annual SRA registration renewal. Assist with ESG and Info Sec queries. Supervise junior members of the team. Assist with any other duties that might be reasonably assigned to the role. Experience
3-5 years experience as a Compliance Officer in a law firm or professional service firm. A law degree/compliance or AML diploma would be preferable. Knowledge of key processes such as conflict checks and AML is a prerequisite. This is a great opportunity for someone with experience to step up into a Manager role and grow and develop with the firm, helping take the compliance function forward. They are a lovely team and firm, and the role offers hybrid working. Salary up to £70,000. If you would like to enquire about this opportunity, please contact Rowena Bubb of Lewis Row Recruitment on 07743 590192 or rowena@lewisrow.com.
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