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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 law while working on impactful projects with industry experts.
- Qualifications: 1+ years as a Paralegal in banking law; law degree preferred but not essential.
- Other info: Ideal for motivated individuals looking to advance their legal careers in finance.
The predicted salary is between 40000 - 45000 £ per year.
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 (, , United Kingdom) 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 (, , United Kingdom)
✨Tip Number 1
Network with professionals in the banking and finance legal sector. Attend industry events, webinars, or local meetups to connect with solicitors and other paralegals. Building relationships can lead to valuable insights and potential job referrals.
✨Tip Number 2
Stay updated on the latest developments in banking and finance law. Follow relevant legal blogs, subscribe to newsletters, and join online forums. This knowledge will not only enhance your understanding but also demonstrate your commitment to the field during interviews.
✨Tip Number 3
Prepare for interviews by practising common questions specific to banking and finance law. Be ready to discuss your experience with loan agreements and financial transactions. Tailoring your responses to highlight relevant skills will make you stand out.
✨Tip Number 4
Consider reaching out to current or former employees of StudySmarter or similar firms. Informational interviews can provide insider knowledge about the company culture and expectations, helping you tailor your application and interview approach.
We think you need these skills to ace Banking & Finance Paralegal (, , United Kingdom)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in banking and finance law. Emphasise any previous roles as a paralegal, particularly those involving complex financial transactions or legal document preparation.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your motivation for the role. Mention specific experiences that demonstrate your understanding of English banking and finance law, and how they align with the responsibilities outlined in the job description.
Highlight Relevant Skills: In your application, clearly outline your skills that are pertinent to the role, such as attention to detail, organisational abilities, and experience with legal research. Use examples to illustrate how you've successfully managed competing priorities in past roles.
Proofread Your Application: Before submitting, thoroughly proofread your application materials. Ensure there are no spelling or grammatical errors, as strong written communication skills are essential for this position.
How to prepare for a job interview at LR Legal Recruitment
✨Showcase Your Legal Knowledge
Make sure to brush up on your understanding of banking and finance law, especially the LMA standards. Be prepared to discuss recent developments in the field and how they might impact the role you're applying for.
✨Demonstrate Attention to Detail
As a paralegal, attention to detail is crucial. During the interview, highlight examples from your past experience where your meticulousness made a difference, such as catching errors in legal documents or ensuring compliance with regulations.
✨Prepare for Practical Scenarios
Expect to be asked about specific scenarios related to banking transactions. Prepare to discuss how you would handle drafting loan agreements or conducting due diligence, showcasing your problem-solving skills and practical knowledge.
✨Communicate Clearly and Confidently
Outstanding communication skills are essential for this role. Practice articulating your thoughts clearly and confidently, whether discussing your experience or answering technical questions. This will help demonstrate your suitability for the position.
