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- Tasks: Support senior solicitors with complex financial transactions and legal document preparation.
- Company: Join a dynamic legal team in a top-tier law firm based in London.
- Benefits: Enjoy a competitive salary, professional development opportunities, and a collaborative work environment.
- Why this job: Gain hands-on experience in banking and finance law while working on impactful projects.
- Qualifications: 1+ years as a Paralegal in banking and finance; law degree preferred.
- Other info: Ideal for detail-oriented individuals who thrive under pressure.
The predicted salary is between 34000 - 51000 £ 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
Contact Detail:
LR Legal Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banking & Finance Paralegal
✨Tip Number 1
Network with professionals in the banking and finance sector. Attend industry events, webinars, or local meetups to connect with solicitors and paralegals who can provide insights and potentially refer you to opportunities at firms like ours.
✨Tip Number 2
Stay updated on current trends and changes in banking and finance law. Subscribe to relevant legal journals or follow industry news to demonstrate your knowledge during interviews and discussions with our team.
✨Tip Number 3
Prepare for the interview by practising common questions related to banking and finance law. Be ready to discuss specific transactions you've worked on and how they relate to the responsibilities of the role you're applying for.
✨Tip Number 4
Showcase your organisational skills by discussing how you manage competing priorities. Provide examples of how you've successfully handled multiple tasks under pressure, as this is crucial for the role of a Banking & Finance Paralegal.
We think you need these skills to ace Banking & Finance Paralegal
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in banking and finance law. Include specific examples of your work with loan agreements, security documents, and any other related tasks that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for banking and finance law. Mention your experience as a paralegal and how it has prepared you for this role. Be sure to address why you want to work with this particular legal team.
Highlight Relevant Skills: In your application, emphasise your attention to detail, organisational skills, and ability to manage competing priorities. These are crucial for the role and should be clearly demonstrated through your past experiences.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter. Ensure there are no spelling or grammatical errors, as these can detract from your professionalism and attention to detail.
How to prepare for a job interview at LR Legal Recruitment
✨Know Your Banking & Finance Law
Make sure you brush up on your knowledge of banking and finance law, especially the LMA standards. Being able to discuss recent developments or case studies will show your passion and expertise in the field.
✨Prepare for Document Drafting Questions
Since the role involves drafting legal documents, be ready to discuss your experience with this. You might be asked to explain how you approach drafting loan agreements or security documents, so have some examples in mind.
✨Showcase Your Organisational Skills
The job requires excellent organisational skills, so be prepared to talk about how you manage client files and ensure documentation is up-to-date. Consider sharing specific strategies or tools you use to stay organised.
✨Demonstrate Your Research Abilities
Legal research is a key part of the role, so be ready to discuss your approach to conducting due diligence. You might want to mention any particular resources or databases you are familiar with that can aid in your research.
