Head of Compliance

Head of ComplianceManchester or LondonHybridAre you ready to elevate your career in compliance within the legal sector? This role offers the chance to make a significant impact at a growing law firm, ensuring adherence to regulatory and compliance best practices.**Role Overview:**The Head of Compliance will oversee the development, implementation, and enforcement of compliance policies and procedures. This pivotal role involves day-to-day compliance and risk management, covering onboarding, internal audits, policies, and more.**Key Responsibilities:**?? **Anti-Money Laundering (AML) & Client Due Diligence (CDD):**- Research, identify, and verify new clients using compliance software.- Maintain the firm’s AML database with up-to-date CDD information.- Advise and support on AML processes & best practices.- Conduct AML risk analysis on a range of clients.- Assist in ongoing monitoring and updating client due diligence records.- Provide guidance on non-standard situations.?? **Conflicts:**- Review conflict checks,  maintaining clear records and adherence to legal and regulatory requirements.?? **SRA:**- Lead and coordinate SRA audits.- Build relationships with relevant contacts at the regulator.- Stay updated with new or changing guidance.?? **Risk Management:**- Develop and update compliance policies and procedures.- Maintain a firm-wide risk register.- Conduct regular compliance risk assessments and file audits.- Identify potential compliance risks and recommend mitigation strategies.- Develop and implement action plans to address identified risks.- Manage the firmwide complaints process and documentation.- Liaise with insurance brokers on PI notifications as appropriate.?? **Training & Development:**- Provide ongoing support and guidance to staff and develop mandatory training ?? **Monitoring and Reporting:**- Conduct regular internal audits and investigations.- Prepare and present compliance reports to senior management and the board.- Track and report on compliance metrics and key performance indicators.??? **Documentation and Record-Keeping:**- Maintain comprehensive records of compliance activities and findings.- Ensure proper documentation for compliance audits and regulatory reviews.- Manage and update compliance-related documentation and resources.?? **Collaboration:**- Act as the primary point of contact for compliance-related inquiries.- Collaborate with legal, finance, and other departments to ensure firm-wide compliance.**Key Skills & Requirements:**- Minimum of 4 years’ experience in AML within a UK law firm.- Advanced understanding of KYC and AML regulatory obligations.- Proficiency in AML compliance software.- Strong communication skills and confidence with MS Office.- Proficiency in Practice Management software.- Experience dealing with the SRA.If you possess the expertise and drive to excel in this role, please send your CV to . �?