New Business Acceptance Manager

Punter Southall Law Limited (“PSL”) is a London-based consultancy-model commercial law firm providing legal services to corporate and commercial clients. Punter Southall Law is majority owned by the Punter Southall Group (“PSG"). PSG comprises businesses focused on financial management and employee benefits, pension trustee consultancy, data analytics and insurance. 

At present, PSL provides the following legal services to its clients:

• Corporate;
• Governance and Compliance;
• Dispute Resolution;
• Commercial; and
• Employment.

PSL is now looking to recruit an experienced New Business Acceptance Manager to join its small Risk & Compliance team.

Principal Responsibilities

The New Business Acceptance Manager will report to the firm’s Head of Risk & Compliance. 

The principal responsibilities of the New Business Acceptance Manager are as follows:

• Oversight of PSL’s Business Acceptance procedures, including all aspects of conflict checks, anti-money laundering, anti-bribery and corruption, and sanctions legislation, obtaining client due diligence information and maintenance of the records/details of the clients and their active matters;
• The identification, analysis and management of compliance risks within the firm, and the development and implementation of appropriate policies, processes and procedures; and
• Conducting matter reviews for PSL Consultants on an ad hoc basis.

Other responsibilities include:

• Analysing changes in regulatory environments and developing recommendations on adapting existing Risk & Compliance programs accordingly;
• Assisting with liaising with the firm’s regulatory bodies, external Risk & Compliance consultants and conducting investigations when required; and
• Acting as a subject matter expert on regulatory issues impacting the business and providing guidance to the firm on issues of Risk & Compliance.

Requirements

The New Business Acceptance Manager will have a sound knowledge and understanding of the legal industry and the SRA’s Standards and Regulations, including those relating to conflicts, complaints and transparency.

They will demonstrate knowledge and understanding of the AML/CTF regime (including applicable LSAG guidance for the legal sector), UK sanctions legislation and all aspects of PSL’s Business Acceptance procedures.

They will also be a strong team player, collaborating effectively to support the shared objectives of the Risk & Compliance team.

Experience

• An International Compliance Association (“ICA”) qualification is preferred;
• Proven experience in a law firm Risk & Compliance function;
• Strong business acumen and financial management skills;
• Excellent communication, negotiation, and interpersonal skills;
• Demonstrable ability to build and maintain relationships with the firm’s staff, partners and other stakeholders;
• Experience of working with electronic verification providers and an understanding of False Positives/ongoing Sanctions and PEPs checks; and
• Experience of working with LEAP Practice Management software system or similar (training will be available).

Remuneration

PSL offers a competitive salary and benefits package including private medical cover, a lump sum death in service benefit, income protection cover and pension.

For further information on the position or if you have any questions, please contact our HR team, HRServiceDesk@puntersouthallgroup.com