Senior Risk & Compliance Officer

Practice Group / Department:

Job Description

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 Senior Risk and Compliance Officer.  The role will report to a Risk Advisor.  All Risk and Compliance officers 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
• 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 Officers in resolving conflict issues
• Acting as a point of escalation between Risk and Compliance Officers and Lawyers; providing recommendations and first draft advice on key risk issues
• 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)
• Assisting Compliance Officers with accurate systems knowledge and technique to navigate and use the firm’s global conflicts database.
• Providing training and on-going assistance to Risk and Compliance Officers in resolving complex conflict issues

Skills and Experience Required

• Have an interest in Risk and Compliance with a key interest in developing knowledge of commercial, political and risk issues affecting our business
• Excellent aptitude for research and familiarity with online research tools
• Ability to draft clearly and explain complex issues; excellent written and oral communication skills
• Sound commercial and risk judgement
• At least 2 years’ experience working in a compliance / legal function.
• Law degree or other relevant qualifications (desirable)

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.