This is an excellent opportunity for a compliance professional with a broad range of skills to take on an advisory position at a national law firm’s office in Southampton, UK. As an advisor, you will be responsible for assessing and managing various risks, as well as guiding the firm on actions that need to be taken. A significant part of your role will focus on regulatory compliance, where you will work closely with the Director of Risk & Compliance as a trusted advisor, assessing any changes and ensuring that the firm is fully compliant with all relevant regulations.
Job Responsibilities:
1. Be a primary reference point on compliance and related risk queries including on the Codes of Conduct (including client care, conflicts, confidentiality and information barriers), financial crime (particularly anti-bribery, and AML including sanctions and high-risk third country due diligence), limiting liability, supervision, audit and file review.
2. Responsibility for the maintenance of the firm’s regulatory breach register and advising on responses and remedial actions following any breaches.
3. Assisting with implementing and the effective operation of business acceptance/file-opening systems, including electronic PEP and sanctions searches.
4. Drafting, amending, implementing and ensuring consistent adherence to the firm’s risk and compliance policies and procedures.
5. Taking a lead role in conducting internal file and supervisory audits, including reporting and any follow-up.
6. This role offers the opportunity to become the deputy MLRO of the firm.
Key Experience required:
7. Experience dealing with SRA regulation is essential.
8. Well versed in AML regulations required to maintain a legal practice.
9. England and Wales Solicitor qualification is beneficial.