Paralegal Team Lead - Business Acceptance / Due Diligence
Paralegal Team Lead - Business Acceptance / Due Diligence

Paralegal Team Lead - Business Acceptance / Due Diligence

London Temporary 51000 - 78000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead a team of paralegals in client due diligence and business acceptance activities.
  • Company: Join a dynamic law firm in the heart of London, offering a vibrant work culture.
  • Benefits: Enjoy hybrid working, competitive salary, and potential for contract extension or permanent role.
  • Why this job: Make an impact by ensuring compliance while developing your leadership skills in a supportive environment.
  • Qualifications: Must have experience as a Senior Paralegal in Business Acceptance or Client Due Diligence.
  • Other info: Immediate start available; perfect for those looking to grow in a fast-paced legal setting.

The predicted salary is between 51000 - 78000 £ per year.

We’re on the hunt for a Paralegal Team Leader / Senior Paralegal, with experience as a Paralegal within Business Acceptance / Client Due Diligence / Conflicts, to join a fantastic City based law firm on a 3 month FTC (could be extended/convert to permanent).

Joining the Business Acceptance team, the Paralegal Team Leader will lead a team of Paralegals in supporting the client due diligence / business acceptance activity. This will be a hands-on role where you will undertake the work as well as overseeing the team and being a point of escalation.

The opportunity:

  • This is a 3 month FTC that may be extended or convert to a permanent role.
  • Hybrid working is offered (3 days in the office) and standard working hours are 9.30am-5.30pm.

Key responsibilities as the Business Acceptance Paralegal Team Leader will include:

  • Performing due diligence on new clients
  • Undertaking all background checks on all new clients
  • Matter openings - conflict checks, google checks/research
  • Extensive liaison with fee earners including communications regarding high risk clients/matters, sanctions and conflicts checks
  • Stakeholder management
  • Assisting with maintenance and creation of information barriers
  • Supporting, mentoring and leading the team of paralegals and acting as a point of escalation when required
  • Taking responsibility for complex background checks
  • Ensuring files are open within certain timeframes
  • Assisting with compliance projects

What we’re looking for:

  • Previous experience working as a Senior Paralegal / Paralegal Team Leader within Business Acceptance / Risk & Compliance / Client Due Diligence is essential
  • Excellent research and administration skills and experience of dealing with and managing large quantities of documentation
  • Experience with file opening, conflicts or anti-money laundering
  • Ability to ensure information is clear, logical and structured
  • Exceptional language skills, both written and spoken including spelling and grammar and confident communication skills
  • Stakeholder management experience and ability to liaise at all levels
  • Highly organised and meticulous, with the ability to multi-task
  • Strong IT skills including MS Office (Word, Excel, PowerPoint and Outlook)
  • Ability to handle highly confidential and sensitive information
  • Professional, diplomatic, confident and hardworking
  • Available imminently and able to commit to a 3+ month FTC

Interested in this contract role? If you have the necessary experience and skills required for this Business Acceptance Senior Paralegal /Team Leader contract role, we’d love to hear from you!

Please submit your CV ASAP.

Paralegal Team Lead - Business Acceptance / Due Diligence employer: Carousel Consultancy Ltd

Join a leading City-based law firm that values its employees through a supportive and collaborative work culture. With hybrid working options and a focus on professional development, this role offers the chance to lead a dynamic team while engaging in meaningful client due diligence work. Enjoy competitive remuneration and the potential for contract extension or permanent placement, making it an excellent opportunity for career growth in a prestigious environment.
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Contact Detail:

Carousel Consultancy Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Paralegal Team Lead - Business Acceptance / Due Diligence

✨Tip Number 1

Network with professionals in the legal field, especially those who have experience in Business Acceptance or Client Due Diligence. Attend industry events or webinars to connect with potential colleagues and learn more about the role.

✨Tip Number 2

Familiarise yourself with the latest trends and regulations in client due diligence and compliance. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.

✨Tip Number 3

Prepare to discuss specific examples from your past experience that showcase your leadership skills and ability to manage a team effectively. Highlight any instances where you successfully handled complex background checks or stakeholder management.

✨Tip Number 4

Practice articulating your communication skills, as this role requires liaising with various stakeholders. Consider role-playing scenarios where you need to explain complex information clearly and confidently.

We think you need these skills to ace Paralegal Team Lead - Business Acceptance / Due Diligence

Experience as a Paralegal or Senior Paralegal
Knowledge of Business Acceptance and Client Due Diligence
Strong research and administration skills
Experience with conflict checks and anti-money laundering procedures
Ability to manage large quantities of documentation
Exceptional written and spoken communication skills
Stakeholder management experience
Highly organised and meticulous
Ability to multi-task effectively
Strong IT skills, particularly in MS Office (Word, Excel, PowerPoint, Outlook)
Ability to handle confidential and sensitive information
Leadership and mentoring skills
Professionalism and diplomacy

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience as a Paralegal, particularly in Business Acceptance and Client Due Diligence. Use specific examples that demonstrate your skills in managing documentation and conducting background checks.

Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your relevant experience and why you are a great fit for the Paralegal Team Leader role. Mention your leadership skills and ability to handle complex tasks, as well as your commitment to compliance and stakeholder management.

Showcase Your Communication Skills: Since the role requires exceptional written and spoken language skills, ensure your application is free from spelling and grammatical errors. Use clear and concise language to convey your points effectively.

Highlight Relevant IT Skills: Mention your proficiency in MS Office applications, especially Word and Excel, as these are essential for the role. Provide examples of how you've used these tools in previous positions to manage large quantities of documentation.

How to prepare for a job interview at Carousel Consultancy Ltd

✨Showcase Your Leadership Skills

As a Paralegal Team Leader, you'll need to demonstrate your ability to lead and mentor a team. Prepare examples of how you've successfully managed teams in the past, highlighting your approach to stakeholder management and conflict resolution.

✨Demonstrate Your Due Diligence Expertise

Be ready to discuss your experience with client due diligence and business acceptance processes. Prepare specific examples of complex background checks you've conducted and how you ensured compliance with regulations.

✨Highlight Your Communication Skills

Exceptional communication is key in this role. Practice articulating your thoughts clearly and confidently, especially when discussing high-risk clients or sensitive information. Be prepared to showcase your written skills as well.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving abilities. Think about potential challenges you might face in the role and how you would handle them, particularly regarding managing multiple tasks and ensuring timely file openings.

Paralegal Team Lead - Business Acceptance / Due Diligence
Carousel Consultancy Ltd
Location: London
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