What are the responsibilities and job description for the Director of Compliance position at Dinsmore & Shohl LLP?
Dinsmore is seeking a Director of Compliance at our Cincinnati, OH location. THIS IS NOT A REMOTE POSITION.
The position is a senior leadership role responsible for overseeing and managing the firm’s compliance, risk management, and conflict resolution programs. This individual will drive critical compliance initiatives, develop and enhance firm-wide risk management protocols, and ensure adherence to regulatory requirements and best practices. This role involves close collaboration with executive leadership, practice groups, and cross-functional teams to support the firm’s compliance and risk management goals.
Responsibilities
Develop and oversee the firm’s Vendor Risk Management Program, including due diligence processes, risk assessments, and vendor compliance monitoring
Partner with legal teams to ensure vendors meet all regulatory, contractual, and firm-specific standards
Oversee and manage the implementation and compliance with client-specific Outside Counsel Guidelines
Ensure consistent communication and adherence to OCG requirements across practice groups
Manage the firm’s insurance portfolio, including professional liability, cyber risk, general liability, and other coverage
Drive risk mitigation efforts, identify potential coverage gaps, and recommend risk transfer solutions to protect firm assets and reputation
Lead the firm’s conflicts clearance process, ensuring that all engagements are clear of potential conflicts
Supervise and mentor a team of conflicts personnel to maintain an efficient and thorough conflicts clearance process
Develop training and education programs for business professionals to raise awareness and enhance understanding of conflicts issues and policies
Assist the firm in assessing technology solutions to transform the Conflicts Management process to drive compliance and operational efficiency, and customer satisfaction
Partner with team of internal conflicts attorneys to efficiently manage and clear conflicts in a compliant, and effective manner
Work with senior leadership to define and implement the firm’s compliance and risk management strategy
Monitor regulatory changes and industry trends to ensure firm policies remain current and effective
Provide regular reporting on compliance and risk management activities to executive leadership
Manage all aspects of client assessment program – questionnaires and surveys, remediation requests/plans, virtual calls, onsite audits, and ongoing communication with client and stakeholders
Establish records programs methodologies for the management of information in electronic and digital formats
Manage client engagement compliance reviews, communicate client expectations to stakeholders and end users, and provide solutions and build support for new requirements with administrative resources
Build, lead, and develop a high-performing team responsible for various compliance and risk management functions
Foster a culture of compliance and ethical decision-making throughout the organization
Collaborate with various practice groups, IT, HR, finance, and other internal stakeholders to support a firm-wide approach to compliance and risk management
Requirements
Bachelor’s degree required; JD or advanced degree in compliance, risk management, or business preferred
Minimum of 10 years of experience in compliance, risk management, or related field, ideally within a law firm or legal services industry
Proven experience in developing and managing compliance programs, with specific knowledge in conflicts management, insurance, and vendor risk
Strong leadership and team management skills with a demonstrated ability to mentor and guide compliance personnel
Excellent communication, analytical, and problem-solving skills
High ethical standards, with a strong commitment to compliance and regulatory adherence
Ability to multitask, prioritize and delegate responsibilities in an effective and efficient manner
Outstanding integrity, solid moral judgment, and the ability to make important decisions under pressure
Expert problem solver, analytical thinker, and decision-maker
Ability to work collaboratively and within an established organizational structure with all stakeholders to achieve results