Risk & Compliance Lawyer

Job DescriptionMy client is a leading International law firm looking to recruit for their in-house risk & legal function. The risk management department, split into the risk team and the business acceptance team, is headed by the firm’s director of risk. The risk team comprises of a senior risk lawyer, two risk lawyers and a risk practice executive.The roleThe successful individual will work with other members of the risk team to support the director of risk to ensure that the firm complies with its legal and regulatory obligations.The success candidate will primarily focus on managing and overseeing the firm’s commercial contracts with its suppliers, including ensuring compliance with relevant laws and regulations and mitigating legal risks associated with the firm’s business operations. They will assist with the legal analysis, drafting and negotiation of a wide range of commercial supplier contracts from initiation to execution and will provide advice on related contractual matters including data protection compliance. The role will work closely with business services stakeholders (including the firm’s COO, head of sustainability, information security manager and director of IT) as well as senior management.The ideal candidate:A qualified solicitor or barrister with at least 5 years’ post-qualification experience as a risk lawyer or in-house lawyer, or a senior lawyer looking to move from a corporate fee earning environment to an in-house role.A strong background in commercial law, particularly in procurement, contract negotiation, drafting and management as well as a solid understanding of applicable data protection legislation.client orientated approach, both internally and externallyability to hit the ground running and work on supplier contracts with minimal supervision;Main duties will include:draft, review, and negotiate a wide range of commercial contracts, including supplier agreements, service contracts, NDAs and licensing agreements;provide strategic legal advice during contract negotiations to minimise risk and ensure favourable terms for the firm;identify and assess potential legal risks in contracts and procurement activities, proposing risk mitigation strategies;ensure that all contracts comply with applicable laws, regulations, and the firm’s policies; andadvise on and oversee the legal aspects of the firm’s procurement processes, ensuring compliance with internal policies and applicable laws;assess and review current procurement processes to identify inefficiencies or areas for improvement; andcollaborate with internal stakeholders to optimise procurement workflows.provide legal advice and guidance to internal stakeholders on a broad range of issues related to commercial contracts and procurement; andkeep abreast of changes in laws and regulations that may impact the firm’s procurement and contracting activities.conduct training sessions for internal teams on contract management, procurement processes, and legal compliance; andmentor junior members of the legal team, providing guidance and support as needed.