Risk & Compliance Lawyer

We are looking for a Risk & Compliance Lawyer to join the NRFLLP Compliance Team, based in London or Newcastle. As well as the relevant skills and experience, we're looking for people who are innovative, commercial and value the work that they do. We celebrate multiple approaches and points of view and believe diversity drives innovation, so we're building a culture where difference is valued.
The Role
The compliance function in the UK is split between Newcastle and London but the team works closely, as one, dealing with client and matter inception and provides advice to the business on a variety of compliance-related work, including the review of client engagement terms. It is essential that the candidate is can-do, keen to broaden their knowledge, and a flexible and creative lateral thinker.
The role will report to a Risk & Compliance Counsel but will work closely with other senior team members to support the client and matter inception function, and assist with broader compliance-related work.
Our Risk & Compliance Officers work on a roster providing support to a later shift (2pm to 10pm shift) to cover time zones Monday to Friday. Risk & Compliance Lawyers do not work on a shift basis but provide evening escalation only support on a rota basis. Risk & Compliance Lawyers also provide weekend emergency cover, again on a rota basis.
Key Responsibilities

• Advising partners, fee earners and the Compliance Team on potential conflicts of interests, confidentiality and disclosure issues.


• 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.


• Assisting the Heads of Compliance and Risk & Compliance Counsels in managing conflict and other business acceptance and regulatory issues including directorships and trusteeships, client relationship letters, arbitral appointments, other risk management and other compliance queries.


• Reviewing engagement and relationship letters, panel appointments and non-disclosure agreements produced by clients, and advising as to their acceptability; monitoring and reviewing the wording of our standard form engagement letters.


• Helping partners and fee earners to understand their duties under the SRA Standards and Regulations, Economic Sanctions laws/regulations, Market Abuse Regulation, External Appointments, other applicable laws/regulations and NRFLLP's risk management policies.


• Producing monthly risk reports for senior management in conjunction with others.


• Assisting with and delivering wider compliance projects, including the review of NRFLLP policies, procedures and practice notes.


• Assisting the Risk & Compliance Managers and Team Leaders in training, mentoring and developing the Officers and other members of the Compliance team.


Other tasks that you may be required to assist with:

• Reviewing documentation provided by potential clients in order to ensure compliance with Money Laundering Regulations and local AML/CTF laws; advising fee-earners on relevant requirements.


• Assisting fee-earners with their obligations under the Bribery Act and on accepting or giving gifts.


• Understanding and advising fee earners on the implications and effect of economic sanctions.


• Monitoring the development of compliance obligations world-wide.


• Conducting file audits.


• Monitoring and managing insider information and managing the dealing database.


• Reviewing and updating the Firm's risk management policies and procedures, and best practice guidance., Our clients come first and whilst we have a high performance culture and work hard as a team, in return we offer range of competitive benefits including:


• 25 days hols + Bank hols - Buy up to 5 days


• GP Service


• Bupa Healthcare


• Pension


• Flexible working


#LI-JC1
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


• Be a qualified solicitor, REL, RFL, or qualified in Australia, New Zealand, Canada, South Africa or the United States.


• Have a minimum of 2 years' experience of working as a fee-earner in a commercial law firm or in the regulatory area in a similar international legal practice.


• An awareness of English professional conduct requirements and experience of applying English conflicts rules and laws (a working knowledge of US conflicts rules is desirable).


• Have excellent commercial judgement.


• Analytical thinking, with strong communication skills and experience of operating in a multi-cultural environment.


• Have sufficient influencing skills to work successfully and confidently at all levels, including with senior management and partners.


• Be sufficiently confident to exercise risk-based judgement calls on a daily basis.


• Be fully conversant with a solicitor's primary duties as to confidentiality and client care.
  
  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. At Norton Rose Fulbright, our strategy and our culture are closely entwined. We know that our expansion will mean little unless it is underpinned by truly global collaboration and we understand that pioneering work only takes place when our people have room to move and think beyond boundaries. As well as the relevant skills and experience, we're looking for people who are innovative, commercial and value the work that they do.