Risk Lawyer Job In London

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.