Financial Compliance Legal Executive

Financial Compliance Legal Executive, Permanent, £34,833pa, 35 hours per week It is an exciting time to join the Law Society of Scotland. As a result of internal promotion, an exciting opportunity has arisen within the Financial Compliance Team for a Legal Executive to work with the Solicitor to Financial Compliance to provide legal support to our regulatory work and in support to two regulatory sub-committees. The Law Society of Scotland is the professional body for over 13,000 Scottish Solicitors and with over 150 staff members, our primary focus is to support a thriving profession of high quality and trusted Solicitors in Scotland with access to justice for all. The Finance Team provide key reporting and support all financial transactions within the organisation. At the centre of our organisation are the values of Respect, Openness, Progress, Inclusion, and Integrity which drive our teams to deliver the best possible service for the legal sector and beyond. The Team You would be joining the team that is responsible for supervising solicitor compliance with the Scottish Solicitor's Accounts Rules and the Money Laundering Regulations. The team is also responsible for the operation of the Client Protection Fund which pays grants to those who have suffered financial loss as a result of dishonesty by a Scottish solicitor or a member of their staff. The team do important and rewarding work. You will be busy and play a key role in public protection, maintaining confidence in the legal profession and upholding proper professional standards and conduct amongst solicitors. We want to get even better at what we do. You will have the opportunity to use your skills and experience to shape the role and improve how our work is done., Reporting to the Solicitor to Financial Compliance, the Financial Compliance Legal Executive will undertake and contribute to a broad range of the Financial Compliance Department's workload to protect the profession and public including:

• A range of duties relating to the Client Protection Fund including the investigation of claims received by the fund from those who believe they have suffered financial loss by a solicitor or a member of their staff.
• Supporting the work of the regulatory sub-committees through minuting allocated meetings and decisions (or part of), minuting related meetings, preparing post-committee correspondence with affected solicitors and supporting the processing of complaints authorised by both sub-committees.
• Wider Financial Compliance duties including conducting "holding out" enquiries into reported examples of non-solicitors carrying out work reserved to solicitors, supporting the Incidental Financial Business regime and work in support of "interventions" by Financial Compliance including where we take control of solicitors' client accounts.
  
  Hold a degree level qualification or significant experience as a paralegal.
• Have experience of working in a legal or regulatory environment.
• Be a problem solver who is able to demonstrate success in change management and process improvement.
• Have excellent communication skills and the ability to build and maintain excellent working relationships with key stakeholders throughout the Society and beyond.
• Be motivated by the opportunity to join and develop in a broad, challenging role with unpredictable and competing priorities.
  
  We offer a comprehensive benefits package to support our colleague's professional and personal needs. Some of these include:
• A hybrid working environment.
• Flexible working, to allow you to work around your lifestyle and commitments.
• 30 days holiday plus bank holidays
• A competitive pension provision scheme
• Excellent family friendly benefits
• Learning and Development opportunities to enhance your skills or through programmes leading to professional or academic qualification.
• Private medical insurance
• Various health and wellbeing benefits such as confidential counselling services, bike to work scheme, eyecare, and offers on well-known brands through our lifestyle savings offerings.
The Law Society of Scotland is an equal opportunities employer, and we welcome applications from candidates with diverse backgrounds. We hold an Investors in Diversity Award in recognition of our commitment to advance fairness, respect, equality, diversity, inclusion and engagement within our organisation and the Scottish legal sector. More information can be found on our Equality and Diversity page. We are always on the look for new talent to join our incredible workforce. If you are looking for a new opportunity within the society, we would love to hear from you!