Risk and Compliance Manager

Boodle Hatfield has been providing practical advice to businesses and individuals for 300 years. Our clients come from a wide range of sectors, both in the UK and internationally, and include some of the most well-established owner-managed businesses and property companies as well as fast-growing entrepreneurial enterprises and ultra-high net worth families. Our chief priority is helping our clients achieve their commercial objectives, whatever form their business takes.

Our approach is to become the long-term trusted adviser to leading wealth creators and owners as well as their commercial and investment enterprises. Having a holistic view of our clients' structures and affairs means we can leverage this to provide the most appropriate and commercial advice to them. This approach has enabled us, throughout our 300-year history, to help our clients successfully navigate the continually changing and sometimes challenging markets in which they operate.

With a history like ours, we know we are built to last. This isn’t the time to rest on our laurels but instead a chance to reflect and build on our heritage. We are merely today’s custodians of the Boodle Hatfield name, and we want to create a legacy that our successors will be just as proud of.

To commemorate our 300-year anniversary, last year we rolled out an extensive programme of activities, each of which sowed the seeds for the future success of others – our local neighbourhoods, the wider legal profession, and of course our valued clients and our own team.

Role

The Risk and Compliance team supports the firm in adhering to compliance obligations, meeting high standards of professional conduct and promoting sound risk management. The team implements and advises the firm on policies and procedures in respect of risk management and legal and regulatory compliance, working with departments across the firm to advocate best practice. The internal team comprises two analysts, one senior analyst and the head of department. Further externally-managed support is provided by way of an assistant and additional analyst.

This is a position for someone to join the Risk and Compliance team as the Risk and Compliance Manager. The successful candidate will be responsible for the day-to-day line management of the team of analysts. They will report into the Head of Risk and Compliance with whom they will work closely to ensure the firm complies with relevant regulations and manages risk in line with the firm's risk appetite, particularly in relation to new client and matter take-on.

Responsibilities

• Manage the team of analysts and assistants, ensuring day-to-day operations are running effectively, predominantly focused on business acceptance.
• Monitor, manage and improve processes within the team to ensure the team provides an efficient, professional and optimum service to the firm.
• Primary point of escalation for risk and compliance queries covering SRA Standards and Regulations, financial crime legislation and the firm's risk and compliance policies and procedures.
• Appraise, train and develop the team of internal analysts, actively seeking opportunities to upskill the team.
• Assist the Head of Risk and Compliance to deliver the firm-wide risk and compliance training programme and assist with ensuring training is completed/attended.
• Assist the Head of Risk and Compliance with keeping abreast of changes to SRA expectations and other regulations and legislation that the firm would need to be aware of.
• Run and respond to requests for data and statistics in relation to risk management and compliance including for PII renewal, CQS, firm-wide risk assessments and senior management reporting.
• Manage the compliance calendar, ensuring daily, weekly, monthly and annual deadlines are met.
• Work closely with the Head of Risk and Compliance on projects, including preparing the firm for updates to policies and procedures, and responding to changes in risk.
• Where required, provide cover for the team during busy periods and/or during team absences. This will involve carrying out client due diligence, conflict checks and other administrative tasks, as required.

• Experience of supervising others with strong people and communication skills.
• Experience in training, supporting and developing team members, applying a team-oriented approach.
• Subject-matter expert on financial crime regulations with experience of advising on this in a law firm setting, particularly anti-money laundering and sanctions legislation.
• Experience of advising on and drafting suspicious activity reports.
• Experience of advising partners and staff on compliance with SRA Standards and Regulations, particularly in relation to conflicts of interest, confidentiality and engagement letters and wider areas such as insurance distribution activities and transparency rules.
• Ability to confidently approach all partners and staff across the firm, addressing queries and concerns assertively and in a calm and approachable manner.
• Experience and confidence in delivering training and presentations to large groups.
• Experience of monitoring and keeping abreast of changes to legislation relevant to law firms to identify changes to compliance obligations and emerging risks.
• Experience of reviewing changes to legislation and translating this into policy updates and practical training and guidance for a law firm.
• Proactive and autonomous work ethic with the ability to manage workloads effectively, addressing changing needs and demands of the team whilst ensuring team members are supported.
• Desired experience of using Intapp including creating, amending and improving workflows.

Boodle Hatfield is committed to providing equal opportunities in employment through its inclusive and supportive environment. This means that everyone who either applies to or works for the Firm is treated equally, whatever their gender, age, ethnic origin, nationality, marital status, disability, sexual orientation or religious beliefs.  We are fully committed to a working environment in which all people can excel.