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For Companies At a Glance
- Tasks: Assist in managing complex banking and finance transactions and prepare comprehensive reports.
- Company: Join a leading law firm known for tailored legal solutions and expertise in banking and finance.
- Benefits: Competitive salary up to £35k and the opportunity to work in a dynamic team environment.
- Why this job: Be part of a successful team, gain valuable experience, and contribute to impactful financial transactions.
- Qualifications: 2+ years as a paralegal in banking and finance; strong knowledge of relevant laws required.
- Other info: Ideal for those looking to grow their career in a fast-paced legal environment.
The predicted salary is between 21000 - 35000 £ per year.
Job Description
Job Title: Banking & Finance Paralegal
Location: London
Salary: £40k – £45k
Contract Type: Full-time, Permanent
About the Role
We are seeking a highly skilled and experienced Banking & Finance Paralegal to join our dynamic legal team. This is an excellent opportunity for a motivated individual with a solid background in banking and finance law to work alongside senior solicitors on a wide range of complex financial transactions and advisory work.
Key Responsibilities
- General matter support and Practice Evolve (our Practice Management System) filing to support the team with administrative tasks.
- Companies House Registrations.
- • Assisting with the preparation and drafting of legal documents such as loan agreements, security documents, and other transactional documents
- Support lawyers on key projects and tasks.
- Write first drafts, proofread and amend legal agreements, advice notes, letters and other documents.
- Conducting legal research and due diligence to support various banking transactions, including loan agreements, corporate finance, and real estate finance.
- Managing and organizing client files, ensuring that all documentation is up-to-date and accurately filed.
- Assisting with the transactional closing process from the initial filing to closing.
Requirements
- Minimum 1 years’ experience as a Paralegal within a banking and finance legal environment, ideally within a top-tier law firm or in-house legal team
- Strong understanding of English banking and finance law, including LMA (Loan Market Association) standards
- Demonstrable experience supporting complex bilateral and syndicated loan transactions
- Excellent attention to detail and organisational skills
- Ability to work effectively under pressure and manage competing priorities in a deadline-driven environment
- Outstanding written and verbal communication skills
- Law degree or equivalent legal qualification preferred
- LPC/SQE or equivalent is advantageous but not essential
Banking & Finance Paralegal employer: LR Legal Recruitment
Contact Detail:
LR Legal Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banking & Finance Paralegal
✨Tip Number 1
Make sure to highlight your experience in banking and finance law during the interview. Be prepared to discuss specific transactions you've worked on, as this will demonstrate your expertise and understanding of the field.
✨Tip Number 2
Familiarize yourself with the latest trends and developments in banking and finance law. This knowledge can set you apart from other candidates and show that you're proactive about staying informed.
✨Tip Number 3
Network with professionals in the banking and finance sector. Attend relevant events or join online forums to connect with others in the field, which could lead to valuable insights and potential referrals.
✨Tip Number 4
Prepare thoughtful questions for your interviewers about their current projects and challenges in the Banking & Finance team. This shows your genuine interest in the role and helps you assess if it's the right fit for you.
We think you need these skills to ace Banking & Finance Paralegal
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience as a paralegal in banking and finance. Emphasize your knowledge of banking law, transaction management, and any specific skills that align with the job description.
Craft a Strong Cover Letter: Write a cover letter that showcases your passion for banking and finance law. Mention specific experiences that demonstrate your ability to assist solicitors and manage complex transactions effectively.
Highlight Relevant Skills: In your application, clearly outline your organizational and multitasking skills. Provide examples of how you've successfully managed deadlines and communicated with clients or stakeholders in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter. Ensure there are no grammatical errors and that your documents reflect a professional tone suitable for a leading law firm.
How to prepare for a job interview at LR Legal Recruitment
✨Showcase Your Experience
Be prepared to discuss your previous experience as a paralegal in banking and finance. Highlight specific transactions you've worked on, the role you played, and how you contributed to their success.
✨Demonstrate Legal Knowledge
Brush up on key concepts related to banking and finance law. Be ready to answer questions about loan agreements, security documentation, and refinancing matters to show your expertise.
✨Highlight Organizational Skills
Since the role requires exceptional organizational and multitasking skills, prepare examples of how you've managed multiple tasks or projects simultaneously while meeting deadlines.
✨Communicate Effectively
Practice articulating your thoughts clearly and concisely. Since excellent written and verbal communication skills are essential, consider preparing a few points on how you’ve successfully liaised with clients and other professionals in the past.
