Risk & Compliance Advisor

Practice Group / Department:

Risk & Compliance Management UK & Europe - London

Job Description

We're Norton Rose Fulbright - a global law firm with over 50 offices and 7,000 employees worldwide. We provide the world’s preeminent corporations and financial institutions with a full business law service. As well as the relevant skills and experience, we're looking for people who are innovative, commercial and value the work that they do. To attract the best people, we strive to create a diverse and inclusive environment where everyone can bring their whole selves to work, have a sense of belonging, and realize their full career potential. We value difference and actively promote a culture of respect for each individual, encouraging and creating inclusion. Our new hybrid working model allows our people to have more flexibility in the way they choose to work from both the office and a remote location, while continuing to deliver the highest standards of service. We offer a range of family friendly and inclusive employment policies and provide access to programmes and services aimed at nurturing our people’s health and overall wellbeing.

NRFLLP is required to comply with all relevant laws and professional obligations in every office. Failure to comply can be a breach of professional standards rules or a criminal, or in some cases civil, offence. The Compliance Team is responsible for overseeing compliance with those rules in order to avoid penalties and damage to our reputation.

The Role

Our London office is currently recruiting for a Risk and Compliance Advisor.  The role will report to a Risk  and Compliance Lawyer.  All Risk and Compliance Advisors work on a roster providing support to a later shift (2pm – 10pm shift) to cover time zones Monday to Friday.

The Firm’s business acceptance work covers two primary areas: Client Due Diligence and Conflicts Management.  The role will involve work across both of these areas but predominantly focus on conflict management, including:

Conflicts and Confidentiality Management

• Managing higher risk conflict queries: undertaking conflict searches, analysing reports, recommending courses of action to senior management and pushing issues to resolution
• An understanding of the Firm’s key strategic objectives, ensuring that new business intake is in line with the global strategy of the Firm and compliant with our existing client base from a legal and commercial standpoint.
• Liaising with and assisting the Compliance Teams at Norton Rose Fulbright Member Firms in Australia, Canada, USA and South Africa in conjunction with potential conflicts.
• Providing training support and on-going assistance to Risk and Compliance Officers, offering technical and commercial advice on matters
• Communicating policy updates; training; and key business updates to Risk and Compliance officers.

Anti-Money Laundering / Sanctions / Risk Analysis

• Ensuring that the regulations (such as AML Directives) are adhered to within the Firm
• Carrying out research on companies, assessing strategic fit, reputational risk, sanctions exposure on potential clients and matters
• Provide critical analysis of Risk assessments on clients and matters (including on matters in high risk jurisdictions).
• Recommendations to the Head of Compliance and senior management as to whether a high risk client or matter should be accepted by the Firm
• Providing training and on-going assistance to Risk and Compliance Officers in resolving complex conflict issues

Skills and Experience Required

• Ability to draft clearly and explain complex issues; excellent written and oral communication skills
• Sound commercial and risk judgement
• At least 4 years’ experience working in a compliance / legal function.
• Law degree or other relevant qualifications (desirable)
• Has a sound understanding of the applicable regulations (e.g., SRA, AML, bribery, StaRs, sanctions, tax, practice rights, BHR) and able to effectively apply these regulations in a pragmatic way.

Diversity, Equity and Inclusion

To attract the best people, we strive to create a diverse and inclusive environment where everyone can bring their whole selves to work, have a sense of belonging, and realize their full career potential. 

Our new enabled work model allows our people to have more flexibility in the way they choose to work from both the office and a remote location, while continuing to deliver the highest standards of service. We offer a range of family friendly and inclusive employment policies and provide access to programmes and services aimed at nurturing our people’s health and overall wellbeing. Find more about Diversity, Equity and Inclusion here.

We are proud to be an equal opportunities employer and encourage applications from individuals who can complement our existing teams. We strive to create an inclusive and accessible recruitment process for all candidates. If you require any tailored adjustments or accommodations, please let us know here.