At a Glance
- Tasks: Support contract negotiations and manage client communications in a dynamic legal environment.
- Company: Join DRS, a leading legal consultancy in the financial services sector.
- Benefits: Enjoy health insurance, wellbeing initiatives, and 25 days annual leave.
- Other info: Flexible working options and a supportive team culture await you.
- Why this job: Gain hands-on experience with top financial institutions and grow your legal career.
- Qualifications: 2:1 degree in Law or equivalent; fluent German speaker.
The predicted salary is between 26500 - 26500 £ per year.
About us
DRS is a legal consultancy specialising in commercial contracts relating to derivatives, financing and professional agreements. Trusted by banks, asset managers, hedge funds and trading firms across the globe, we provide solutions that deliver rapid and efficient negotiation and remediation of document portfolios. Established in 2009, we have approximately 100 members of staff, operating both on‐site and off‐site from our bright and modern offices in London and Newcastle. Our market leading team is led by our directors who all have extensive legal and industry expertise within financial services. Our ambition for the next five years is to grow to be the UK's largest provider of outsourced contract management services to the financial services industry.
The Opportunity
You will join DRS as a Legal Consultant; supporting the negotiation of contracts on behalf of your assigned client within one of our DRS dedicated teams. You will be working alongside leading industry practitioners, senior lawyers and experienced colleagues. This is a client facing role, where you will be exposed to a wide range of financial institutions, from global banks to hedge funds and entrusted with a considerable amount of responsibility from the outset, as well as having the opportunity to progress within your team. You will be supported throughout by experienced colleagues and be able to continue to learn using the wealth of materials, including videos, presentations and guidance notes, available to you on the company's learning management system and you must adhere to all the information security policies. We have vacancies across numerous teams, offering permanent contracts in our Newcastle office.
Salary: £26,500
Responsibilities
- Manage your own workload.
- Liaise with clients and their counterparties to draft, negotiate, amend and execute commercial contracts such as ISDA agreements, CSAs, GMSLAs, GMRAs, NDAs and Terms of Business.
- Manage and update negotiation databases; keeping track of external communications and ensuring appropriate escalations within the team.
- Help provide information and wider reporting for internal DRS stakeholders and the client.
- Participate in conference calls and/or face‐to‐face meetings within the DRS team, as well as with clients and counterparties.
- Keep abreast of legal and regulatory developments in derivatives law and practice through research, attending industry specific events, regular company breakfast club sessions and through use of the company's learning management system.
Requirements
- You'll have at least a 2:1 Undergraduate degree in Law or an equivalent degree. If your degree is in a different discipline, a legal conversion qualification (Graduate Diploma in Law or the Common Professional Examination) is desirable.
- Interest in developing a career in Law.
- Close attention to detail and strength in organisation and time management.
- Excellent written and verbal communication skills.
- Ability to build relationships with stakeholders and clients.
- Able to speak German fluently.
- Ability to think creatively and solve problems.
Benefits
- Health Insurance
- Employee Assistance Programme
- Perks and discount
- Socialisation team budget
- Wellbeing initiatives
- Charitable work & volunteering leave
- Free Mental Health Support
- Cycle to work scheme
- 5% Employer Pension Contribution
- Life insurance
- Long‐term sickness insurance
- 25 days annual leave plus bank holidays
Equal Opportunities
We are committed to promoting equality of opportunity for all staff and job applicants. We aim to create a working environment in which all individuals are able to make best use of their skills, free from discrimination or harassment, and in which all decisions are based on merit. Return to work and flexible working conversations are also encouraged and supported.
Our selection for recruitment does not discriminate on the basis of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnicity, ethnic or national origin, religion or belief, sex or sexual orientation or gender reassignment status (protected characteristics). If you require any adjustments for interview, please let us know and we will be more than happy to accommodate.
Use of Data
If you apply to this position, we will hold personal data and your CV and/or application to DRS roles within our recruitment database for a maximum of 24 months, for the purpose of considering you for this and current and future roles. After this time your information will be deleted. If you wish for us to delete this information right away, please let us know.
You can also view our prospective employee and all our updated GDPR compliant privacy at https://drs-als.com/terms-of-use.
Paralegal (German Speaker) in Newcastle upon Tyne employer: Document-Risk-Solutions-
DRS is an exceptional employer, offering a vibrant work culture in our modern Newcastle office where collaboration and professional growth are at the forefront. With a commitment to employee wellbeing, we provide comprehensive benefits including health insurance, mental health support, and generous annual leave, alongside opportunities for continuous learning and career advancement within the dynamic field of legal consultancy. Join us to be part of a market-leading team that values your contributions and supports your journey in the legal profession.
StudySmarter Expert Advice🤫
We think this is how you could land Paralegal (German Speaker) in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field, especially those who work with financial institutions. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by researching DRS and its clients. Understand their services and recent developments in derivatives law. This will help you stand out and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your German! Since this role requires fluency, brush up on legal terminology in German. You might get asked to demonstrate your language skills during the interview, so be ready!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the DRS team. Don’t miss out on this opportunity!
We think you need these skills to ace Paralegal (German Speaker) in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Paralegal role. Highlight relevant experience, especially in contract management and legal research. We want to see how your skills align with what we do at DRS!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about law and how your background makes you a great fit for our team. Don’t forget to mention your German language skills!
Showcase Your Attention to Detail:In the legal field, attention to detail is crucial. Make sure your application is free from typos and errors. We appreciate candidates who take the time to present their best work right from the start.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining DRS!
How to prepare for a job interview at Document-Risk-Solutions-
✨Know Your Contracts
Familiarise yourself with the types of commercial contracts you'll be dealing with, like ISDA agreements and NDAs. Being able to discuss these confidently will show your understanding of the role and impress your interviewers.
✨Brush Up on Your German
Since fluency in German is a must, practice speaking and writing in German before the interview. You might be asked to demonstrate your language skills, so being prepared will give you an edge.
✨Showcase Your Attention to Detail
Prepare examples from your past experiences where your attention to detail made a difference. This could be in drafting documents or managing workloads. Highlighting this skill will resonate well with the responsibilities of the role.
✨Engage with Industry Knowledge
Stay updated on legal and regulatory developments in derivatives law. Mention any recent news or events you've followed during the interview to demonstrate your genuine interest in the field and your proactive approach to learning.
