Conflicts Analyst

Herbert Smith Freehills•New York, NY

2d•$70,000 - $85,000•Onsite

About The Position

The Conflicts Analyst provides tailored advice, support, and analysis on compliance topics centered on conflicts of interest and new business acceptance. The role assesses new firm instructions under applicable professional conduct rules, legislation, regulations, and firm policies, and advises partners and fee-earners on legal and commercial conflicts. It conducts searches and research using firm databases and internal and third-party resources, analyzes results, and helps attorneys identify and resolve potential issues. The analyst works with New Business Intake, business development, In House Counsel, risk, and practice group stakeholders to support client and business selection, risk management policies and procedures, financial-crime compliance, and global compliance audits. Additional duties include maintaining information barriers, responding to securities dealing requests, and supporting the development and testing of new intake software, processes, and strategic projects. The position is full-time and permanent, based in New York, within the General Counsel and Risk team. Prior conflicts experience is welcomed but not essential, as training on firm systems and policies is provided.

Requirements

Excellent research and analytical skills, with accuracy and attention to detail.
Commercial awareness.
Ability to work autonomously and prioritize multiple tasks simultaneously under pressure.
Effective verbal, written, and face-to-face communication skills with a variety of staff, including senior partners and legal assistants.

Nice To Haves

Prior experience in conflicts of interest is well-regarded but not essential; training on firm systems and policies will be provided.

Responsibilities

Assess new firm instructions against professional conduct rules in relevant US states and overseas jurisdictions, advising partners and fee-earners on legal and commercial conflicts of interest.
Search firm databases and research entities using internal and third-party resources; analyze findings under applicable ethical rules and firm policies.
Prepare communications to attorneys that identify potential issues in conflict reports, and assist attorneys in resolving conflicts.
Work with business development teams and sector lead partners to develop and implement firm strategy through careful selection of new clients and business.
Establish, update, and work with New Business Intake and In House Counsel teams to implement firm-wide and internal risk management policies, controls, and procedures.
Advise partners and fee-earners on applicable legislation concerning new and existing clients, support the Financial Crime Team, and escalate issues as appropriate.
Assist with global compliance audits, including preparing materials, attending sessions with regulators, and reviewing required regulatory reports across the firm's jurisdictions.
Implement and maintain effective information barriers and respond to practice group queries.
Respond to securities dealing requests.
Assist in developing and testing new New Business Intake software and processes.
Assist with implementation of New Business Intake strategic projects.