Interim Head of Risk & Compliance

  • Job Reference: RC1009
  • Date Posted: 9 October 2020
  • Recruiter: Ryder Reid Legal
  • Location: City of London, London
  • Salary: On Application
  • Sector: Risk & Compliance
  • Job Type: Contract
  • Duration: 12 months
  • Work Hours: Full Time

Job Description

Ryder Reid is working with a highly respected US law firm to recruit a Head of Risk & Compliance, London on a 12 month fixed term contract basis. The Interim Head of Risk & Compliance, London will work alongside the COLP, COFA and MLRO in the management of the compliance function for the firm. Reporting into the COLP, key responsibilities for the Head of Risk & Compliance, London will include:

Strategy & Governance:

  • Designing, implementing and leading the Firm's risk management and compliance planning across all offices, as aligned to the Firm's wider business strategy
  • Conducting compliance reviews and investigations, reporting to the COLP / COFA, Partners and Management Team on any current issues, threats or developments as required
  • Advising on corporate governance and assisting with the drafting of the LLP Deed and related agreements
  • Advising on contracts in connection with Firm ventures (such as litigation funders, discovery/disclosure providers and IT outsourcing businesses)
  • Managing the Quarterly COLP and COFA meetings and recording any breaches and initiatives for change

Legal & Compliance:

  • Drafting, negotiating, reviewing and managing all the Firm's contracts, outside guidelines, engagement letters and procurement terms
  • Leading on the Firm's internal legal matters e.g. litigation/claims (for and against the firm), deed provisions, employment issues and lease renewals etc.
  • Advising on and leading firm‐wide projects e.g. Brexit planning
  • Ensuring compliance with UK (SRA and BSB), French (Paris Bar) and US (DC Bar / ABA rules) rules, authorisations and renewals
  • Managing the Firms GDPR (data protection) and privacy processes
  • Oversight of and advising on Anti‐Money Laundering / Customer Due Diligence requirements
  • Managing complex Conflicts of interest and confidentiality (including advising on all relevant rules)
  • Advising on Financial sanctions, Anti‐Bribery & Corruption and Tax Evasion
  • Advising on Financial services regulation

Risk Management:

  • Designing and managing risk management procedures, and advising on ongoing requirements and best practice, including those in connection with:
    • Insurance requirements (professional liability/indemnity, standard office insurances and all related renewals and claims)
    • Complaints and conduct issues
    • Information security and breach management
    • Business continuity
    • Maintaining the Firm's Interests, Appointments and Gifts register

Documentation & Training:

  • Drafting and maintaining the Firm's R&C policies, procedures and best practice documentation
  • Researching and drafting briefings on complex legal market and regulatory changes
  • Providing and leading on training in all areas of R&C, on, e.g., applicable ethical rules, conflicts, data protection, anti‐money laundering, antibribery, sanctions, professional liability, etc., developing and updating training materials and guidance notes as required
  • Responsibility for leading on developing and delivering training programmes


  • Providing advice on R&C in relation to the delivery of wider business projects, which might include:
    • New office launches (and the associated regulatory / company applications/ formations and registrations, as well as all new policies and procedures for the jurisdiction);
    • Outsourcing ventures and IT systems changes; and
    • Other ad hoc projects arising from external changes

The ideal candidate for the Head of Risk & Compliance, London will be a qualified lawyer, with strong Risk/Compliance experience within a law firm. Good knowledge of the SRA Handbook, Money Laundering Regulations and other relevant legislation is essential. You will have a commercial approach, a professional attitude and the ability to meet tight deadlines and remain calm under pressure. You must be a self-starter, with good project management skills and be able to work with people of all levels in a constructive way.