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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 high-profile projects that make an impact.
- Qualifications: 1+ years as a Paralegal in banking and finance; law degree preferred.
- Other info: Ideal for motivated individuals looking to advance their legal careers in a fast-paced setting.
The predicted salary is between 34000 - 51000 £ per year.
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
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 us.
✨Tip Number 2
Stay updated on current trends and changes in banking and finance law. Follow relevant legal blogs, subscribe to newsletters, and engage with content that discusses LMA standards and recent case law to demonstrate your knowledge during interviews.
✨Tip Number 3
Prepare for interviews by practising common questions related to banking and finance law. Be ready to discuss your experience with loan agreements and other financial documents, as well as how you've handled complex transactions in previous roles.
✨Tip Number 4
Showcase your organisational skills by discussing specific examples of how you've managed client files or supported transactional processes. Highlighting your attention to detail will set you apart from other candidates when applying to us.
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. 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 align with the job description, such as your familiarity with LMA standards or your ability to manage client files effectively.
Highlight Relevant Skills: In your application, clearly outline your skills that are pertinent to the role, such as attention to detail, organisational abilities, and your capacity to work under pressure. Use examples from your past experiences to illustrate these skills.
Proofread Your Application: Before submitting, thoroughly proofread your application materials. Ensure there are no spelling or grammatical errors, as this reflects your attention to detail—an essential quality for a Banking & Finance Paralegal.
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 relevant legal concepts and how they apply to the role.
✨Demonstrate Attention to Detail
Since this role requires excellent attention to detail, consider bringing examples of your previous work where you successfully managed complex documents or transactions. Highlight any proofreading or drafting experience you have.
✨Prepare for Practical Scenarios
Expect to be asked about specific scenarios related to banking transactions. Practise articulating how you would handle tasks like drafting loan agreements or conducting due diligence, as this will show your practical understanding of the role.
✨Communicate Clearly and Confidently
Outstanding communication skills are essential for this position. During the interview, focus on articulating your thoughts clearly and confidently, whether discussing your experience or answering questions.
