The following Practice Compliance precedent Produced in partnership with Pam Grover-Mitchell provides comprehensive and up to date legal information covering:
Reporting to the Management board via the Senior partner, the Risk manager will support the [Compliance officer for legal practice (COLP) OR Compliance officer for finance and administration (COFA) OR Risk partner OR [insert other]] by taking responsibility for the firm’s:
risk management function [including managing performance of direct reports on the firm’s Risk management team]
professional indemnity insurance, and
The Risk manager will work with the firm's Management board, departments, offices and operations groups to develop, maintain and promote, throughout the firm:
adoption of the highest possible internal best practice standards, and
proactive risk awareness and management in day-to-day practice
The Risk manager will support the Management board’s promotion and development of a proactive firm-wide culture of effective risk management and an ongoing risk management strategy (the strategy) in accordance with the firm’s business plan. Responsibilities will include:
Assisting the Management board to determine the firm’s risk tolerance, and highest-priority risk exposures; finalising the strategy for Management board sign-off.
Advising internally on the professional conduct and ethical obligations of la
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