The signal recognition particle (SRP) is a ribonucleoprotein complex that plays a crucial role in directing the synthesis of proteins that are destined for secretion or for the cell membrane. It recognizes and binds to the signal peptide emerging from the ribosome during protein synthesis, temporarily pausing translation until the SRP can guide the ribosome to the endoplasmic reticulum (ER). This process ensures that proteins are correctly targeted to their appropriate cellular locations.