Risk Lawyer
3 weeks ago
Risk Lawyer
This is an opportunity to join an industry-leading, world-renowned law firm as a Risk Lawyer. They will be supporting the Director & Head of Risk to manage the risk framework, provide advice on regulatory matters that impact the firm and provide commercial recommendations.
Key Responsibilities
- Reviewing, updating and maintaining the firm's engagement letters and Terms of Business.
- Reviewing and commenting on client Outside Counsel Guidelines and other client terms and engagement terms provided by overseas lawyers.
- Horizon scanning to ensure that we are able to plan in advance for new regulatory guidance and other legislation affecting the firm.
- Conducting legal research, particularly in relation to the firm's obligations under the SRA's Standards and Regulations and advising the fee-earners as necessary.
- Drafting risk related documents and policies and internal updates.
- Preparing training materials for inductions and other risk related training sessions and delivering training as necessary on regulatory issues.
- Maintaining all risk related registers and schedules.
- Dealing with risk related queries in pitch documents and supplier questionnaires and sometimes assisting in co-ordinating responses to such document.
- Assisting with a broad range of ad hoc risk related queries sent to the firm's risk management inbox.
Key Attributes
- Qualified solicitor, preferably with experience of working in a large firm, and at least 3 years' experience of SRA regulation;.
- Working knowledge of regulatory issues affecting solicitors and demonstrable interest in risk and compliance.
- Excellent communication skills and ability to build trust within the business and the team.
- Practical and able to provide clearly thought out, pragmatic and creative solutions.
- Able to remain calm and professional when working under pressure.
- Team- oriented and willing to assist others in the team when necessary.
- Understands own limitations and able to ask for support.
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