Compliance Lawyer

Compliance Lawyer

Leading US law firm is looking to hire a new Compliance lawyer to work with the Senior Compliance Counsel and the wider Compliance team.

Very generous salary

Hybrid pattern 3 days in the office / 2 days working remotely

Presently the firm’s London Compliance department is a small team of lawyers and analysts who advise on a broad range of compliance and regulatory issues relevant to legal practice. The London Office Managing Partners also take a keen interest in compliance issues resulting in a strong compliance culture across the office. The New York Conflicts Team and the firm’s General Counsel further support the compliance function.

Compliance Lawyer Key Duties and Responsibilities

• Advise the London partners and attorneys on conflicts of interest and confidentiality issues under SRA and US rules
• Draft, update and review risk and compliance policies and procedures as requested
• Review and negotiate client and third party terms, respond to information requests, questionnaires and engagement letter queries, working closely with teams in New York and other offices as appropriate
• Clear conflicts for incoming lateral hires, setting up screens and arranging client consents as required, working with the New York Conflicts Team
• Work with HR in relation to secondments, including negotiating secondment agreements and ensuring compliance with the firm’s Secondment Policy, and clearing conflicts on their return;
• Advise the London partners and attorneys on client on-boarding and related firm policies, including POCA reporting, sanctions and client account queries, working closely with the MLRO
• Respond to a variety of compliance related queries relating to insider lists, reliance agreements, NDAs, contractual arrangements with clients and third parties, practising rights issues, and compliance with the SRA Codes of Conduct
• Work with HR on the annual professional indemnity renewal process, and updates to mySRA
• Proactively share knowledge in weekly team meetings;
• Assist with developing and delivering risk and compliance training to new joiners and general awareness raising amongst partners and employees;
• Involvement in and management of other ad hoc risk and compliance projects;
• Holiday cover for other members of the team; and
• Horizon scan for incoming legislation, regulation and guidance which could impact the firm

Compliance Lawyer Requirements

• Qualified lawyer 1-4 PQE minimum
• Experience of working at a large City / International firm either within an in-house compliance team or as a fee earner with regulatory experience looking to move in-house;
• Comfortable advising on a wide range of conflict issues under SRA and US rules;
• Experience negotiating client and third party terms and liaising with relevant stakeholders;
• Knowledge of the SRA Standards and Regulations;
• Experience advising on data protection issues as they impact law firms;
• Experience advising partners (and submitting SARs) on POCA, the Money Laundering Regulations and sanctions issues;
• Knowledge of the Bribery Act, Market Abuse regulations and Criminal Finances Act;
• Experience reviewing and implementing EU Directives including Whistleblowing, CSRD, and Money Laundering