Job Description | Director of Legal & Regulatory Risk

Department: Legal & Risk Department

Location: London (this role is globally focussed and will require travel)

The Team

The Legal & Risk team provides support to the firm's Senior Management and to the wider business, to ensure that the firm develops and maintains the very highest standards of professional conduct, optimally manages risk and ensures compliance with legal and regulatory requirements. The role will focus on the strategy leading, promoting and embedding best practice in these areas throughout the firm's global network to achieve the team's vision, to develop a continually closer relationship between the department and its internal clients in all regions and providing accurate, relevant and timely advice to the firm on a variety of legal and compliance topics to ensure the firm stays up-to-date with changes to legislation.

Key Responsibilities

• Setting the strategy for the Firm's global management of legal, professional and regulatory risks, to inspire, promote and continually improve the risk culture within the firm and secure the firm's reputation. This will include the continued development of the firm's risk management and assurance framework and risk register established as part of an enterprise risk management approach, which is reported upon to the all the relevant Boards and Audit & Risk Committee.
• Setting a strategy to develop the firm's compliance and ethics framework, including a focus on the principles and individual responsibilities set by the firm's regulator, the SRA, under its Code of Conduct, whilst also recognising the various regulatory interests across a global firm. This will include developing a policy, process and guidance framework for the firm which can work across the firm's business services departments.
• Leading and embedding a firmwide risk training programme across each region and at every level of lawyer and business support professional, to ensure our business is fully aware of the risk trends and best practice guidance available to support sound, ethical decision-making and designing, implementing and improving policies, procedures and guidance as a result of lessons learned from across the professional services sector, including from its own experiences, to deliver a practical, robust and forward looking approach.
• Devising and introducing an appropriate risk management strategy around audit and assurance so that each region is appropriately tested on its awareness and compliance with the firm's policies and guidance. This will include working with key stakeholders to consider and develop initiatives to improve the firm's quality and consistency of advice, including considering lawyers' working practices and how those can be continually improved to ensure the delivery of high quality services to clients.
• Developing the Legal & Risk department's communications approach to ensure compliance and increase awareness of the risk and compliance culture appropriate to the needs and maturity of Clyde & Co.
• Managing the most senior members of the Legal & Risk team (to include those leading in Risk in MEA, APAC and the UK, alongside the Head of Risk Management and Head of Financial Crime) in line with the agreed values of the team including being supportive, being collaborative and ensuring high levels of communication. The ultimate aim is to achieve the team's vision to develop a continually closer relationship between the department and its internal clients in all regions, providing good, relevant and timely advice to the firm on a variety of legal and compliance topics.
• A core member of the department's Senior Leadership Team (which includes the GC, COLP and Head of Business Acceptance & Conflicts Management), to devise, set and deliver the team's annual project plan ensuring that the firm is able to continually improve its risk exposure, maintain its excellent reputation and act as a leader within the sector.
• Working closely with the firm's COLP and incoming Head of Professional Indemnity, to ensure that claims trends are identified and processes improved with the practice groups as a result of the issues identified. This will include regularly meeting with key stakeholders, including Risk Partners, Global Practice Heads, COOs and practice group lead(s) to ensure they understand the current risks and will be a co-partner in any change management required.
• Working closely with the Head of Business Acceptance and Conflicts Management to ensure that conflicts, client on-boarding and financial crime issues are appropriately and seamlessly managed.

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