An exciting opportunity has arisen to work for one of the leading Law firms in Buckinghamshire. We are seeking an experienced Risk and Compliance Executive who has worked in a Law Firm previously.
We are seeking a proactive and highly motivated individual with a "can-do" attitude and proven experience in risk and compliance within a law firm environment. This role offers the opportunity to work across a variety of compliance, risk, and regulatory functions, supporting the firm in maintaining the highest standards of governance and client service.
Key Responsibilities:
*Client Onboarding: Manage and oversee the client onboarding process to ensure compliance with internal policies and regulatory requirements.
*AML / SAR Management: Analyze documentation, report findings to the MLRO, and ensure that all required STOPS and notices are in place.
*Source of Funds & Wealth Investigations: Conduct thorough investigations, review documentation, record findings, and identify any further evidence required.
*Credas / EIDV Administration: Maintain ID portals, provide access, guidance, and support, and assist with queries regarding report interpretation.
*Ongoing Monitoring: Monitor alerts related to PEPs and sanctions, ensuring timely action and compliance.
*Complaints Handling: Confidently manage complaints, conduct investigations, liaise with the Legal Ombudsman, and prepare formal responses as needed.
*GDPR Compliance: Ensure all processes and documentation adhere to data protection regulations.
*Accreditation & Audits: Prepare documentation for regulatory audits, monitor compliance with previous audit recommendations, and support corrective action implementation.
*Policy Management: Assist with policy updates and ensure staff adherence.
*Risk Inbox Management: Respond to and assist with queries related to risk emails, including data breaches, AML, conflicts, complaints, claims, and general risk matters.
*Stakeholder Communication & Coaching: Engage with colleagues across all levels of seniority to provide guidance and coaching on risk and compliance processes.
*Regulatory Research: Monitor changes or updates suggested by the SRA, Law Society, or other authorising bodies and advise on necessary actions.
*Sanctions List Updates: Ensure timely circulation and compliance with updated sanctions lists.
*Undertakings Management: Record new undertakings, monitor existing ones, and update records regularly.
*Price Transparency Compliance: Verify and maintain up-to-date pricing information in collaboration with Heads of Department.
*CQS Compliance Support: Assist the Head of Residential with annual CQS accreditation, including booking and monitoring all required training.
*General Risk Administration: Perform ad-hoc risk and compliance administration tasks as needed.
Key Skills & Attributes:
*Strong experience in law firm risk and compliance functions.
*Excellent attention to detail and organizational skills.
*Confident communicator with the ability to coach staff at all levels.
*Knowledge of AML, SAR, GDPR, and regulatory compliance processes.
*Experience handling audits, complaints, and regulatory investigations.
*Proactive, adaptable, and able to manage multiple priorities effectively.