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Freshfields · 1 day ago

Risk and Compliance Lawyer

New York, NY

Full-time

Hybrid

Mid, Senior Level

$165K/yr - $190K/yr

4+ years exp

Freshfields is a major international law firm providing high-quality business law advice. The Risk & Compliance Lawyer will manage the firm’s risk exposure and provide legal advice on compliance issues related to business acceptance, conflicts of interest, and regulatory matters.

ConsultingLegal

H1B Sponsor Likely

Responsibilities

Advise the partnership on business acceptance issues relating to conflicts of interest, confidential information, reputational risk and sanctions issues globally, to assess the business suitability of potential new matters and new clients

Undertake due diligence and reputational risk assessment of new clients and matters

Assist the partnership with solutions to resolve conflicts, confidentiality, reputational and commercial risk, anti-money laundering (AML) compliance and sanctions issues including assistance with drafting waivers and maintaining information barriers

Answer questions from partners, associates and staff at all levels across the firm regarding US law, regulations and firm policies pertaining to conflicts of interest, ethics and regulatory compliance

Review and advise on client engagement letters and outside counsel guidelines, particularly with respect to conflicts of interest and US applicable law and regulation

Advise the partnership on ad hoc queries relating to ethics and regulatory compliance including audit letters, securities dealing, anti-bribery regulations, outside appointments, qualification and practice of law, attorney advertising, fee-sharing and other fee arrangements

Assist in review of incoming lateral hires for potential conflicts of interest

Remain current on the type of work that Freshfields undertakes across all sectors and join a sector team in at least two sectors building strong and trusted relationships with Sector Group Leaders

Understand the regulatory frameworks the firm operates in globally, particularly developments in New York, DC, California, Massachusetts and the US nationally

Develop and maintain close working relationship with all members of the Legal Department to ensure operation in a consistent and global manner; and

Assist with training to the firm on risk issues (including New Hire Induction Training and Intapp system training) and be an ambassador for the Legal Department within the wider firm

Qualification

Law degreeAdmitted to practice lawRisk management experienceAnalytical skillsDrafting skillsRegulatory compliance knowledgeCommunicatorTeam playerOrganizational skillsProblem-solving skillsPositive attitude

Required

Must hold a law degree and be admitted to practice law in the US

Must be used to working to very high standards of accuracy and efficiency, but balanced with a practical, common sense approach

Must be able to give clear and commercial advice succinctly (verbally and in writing) on complex issues

Must have excellent drafting skills

Must have a meticulous approach to maintaining concise, up-to-date and accurate records of matters dealt with and advice provided

Must be able to influence and liaise with all levels of both legal and support staff to resolve complex issues including delivering difficult messages on occasion

Must be able to manage a workload of key projects as well as day-to-day queries

Must have a high level of IT skills, including familiarity with applications such as Word, Outlook and Excel as well as web-based and general research skills

Must be willing to work out of hours (including weekends) and travel as needed to serve the requirements of the global firm

Strong analytical skills and ability to grasp relevant issues quickly and to understand complex conflicts and regulatory issues, within a commercial context

Combination of confidence, presence and a diplomatic manner

Reputation as a proactive problem solver, who applies pragmatic commercial thinking to every issue, and always strives to identify workable solutions that conform with the firm's regulatory obligations, and are aligned with its business priorities

Fast thinker, quick learner who is able to work efficiently and assess options thoroughly

Excellent communicator who articulates advice confidently and succinctly

Demonstrates high level of confidentiality, integrity and professionalism

Positive can-do attitude, enthusiasm and the ability to perform

Team player who others respect and enjoy working with

Superb organizational skills complemented by the ability to prioritize and multi-task effectively

Commitment to continuous improvement in a personal and departmental context and willingness to recommend or embrace change to achieve the firm and department's objectives

Ability to strategically identify new systems and procedures to improve the quality and efficiency of the department (e.g. new and creative solutions to common problems, suggesting policy updates or drafting FAQs)

Diplomatic and professional demeanor with an understanding of how to influence and operate across a global firm including the local, cultural, client, practice or market-specific nuances or considerations that inform the work of the Legal Department as a whole

Preferred

At least 4 years' experience working as a qualified lawyer within a leading international law firm

Experience working as a lawyer in the compliance, conflicts, risk management or business acceptance department of a large or international law firm or similar background in risk management or professional responsibility/attorney ethics

Experience working in a large international team based across a number of locations

Company

Freshfields

Glassdoor4.0

Freshfields is a global firm with over 280 years’ experience of anticipating change, setting new standards and shaping the future of law.

Founded in 1985

London, England, GBR

5001-10000 employees

http://www.freshfields.com/en/global/

H1B Sponsorship

Freshfields has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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