COLP/Head of Compliance

This is an excellent opportunity available within a highly regarded Legal 500 firm located in London, to develop their existing risk and compliance function. The firm is seeking a Head of Compliance to aid the management committee in achieving its commercial objectives, and if possible take the responsibility of the COLP and MLCO. This boutique firm has consistently been regarded as one of the best throughout its long history of providing legal advice to clients that consist of both high-net-worth individuals and a growing corporate client base.

Job Responsibilities:

  • Developing and implementing comprehensive risk mitigation strategies, processes and frameworks to ensure regulatory compliance and protect the firm from potential losses.
  • Analysing changes in regulatory environments and developing recommendations on adapting existing risk and compliance programs accordingly.
  • Acting as a subject matter expert on regulatory issues impacting the business, and providing guidance to the partnership on issues of risk and compliance.
  • Leading and managing the Risk & Compliance team.
  • Establishing and maintaining robust compliance programs, including policy and procedure development, training, and auditing.
  • Collaborating with the IT & Facilities Manager to integrate risk management and compliance processes into the firm’s IT infrastructure.
  • Leading risk projects to ensure that they are correctly scoped and implemented. This will range from implementing new policies and procedures to reviewing the firm’s onboarding procedures.
  • Being the firm’s COLP, leading liaison with regulatory bodies and conducting investigations.
  • Providing advice to the firm’s COFA.
  • Building a safe, supportive and transparent culture around risk and compliance matters.
  • Managing new and evolving risks proactively, and ensuring that regulatory requirements are met as part of a strong risk management strategy.
  • Acting as a point of escalation for complaints handling.
  • Collaborating with the firm’s Data Protection Officer to ensure compliance with the legislation.
  • Acting as the firm’s MLRO and MLCO, and ensuring compliance with required legislation.
  • Advising on sanctions and ensuring compliance.
  • Overseeing procurement (within the Risk and Compliance team) which deals with both supplier contracts and unusual client terms.
  • Providing relevant risk and compliance training, or arranging for training to take place.

Key Attributes:

  • Having a lead compliance role directly supporting the COLP or previously holding the COLP .
  • Qualified Lawyer (E&W qualified is preferred).
  • Extensive experience working with the SRA Standards and Regulations.
  • Experience in regulatory compliance within a legal landscape.

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