Banking Paralegal

Banking Paralegal

Manchester Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Assist with legal documentation and support complex banking transactions.
  • Company: Join a respected Manchester law firm known for its dynamic team culture.
  • Benefits: Enjoy a competitive salary, career progression, and a supportive work environment.
  • Why this job: Perfect for those eager to grow in Banking and Property law while making an impact.
  • Qualifications: Experience as a paralegal or legal assistant is preferred; strong organisational skills are essential.
  • Other info: Gain mentorship from experienced professionals and work on high-value transactions.

The predicted salary is between 28800 - 48000 £ per year.

A highly respected Manchester-based law firm is seeking a talented Banking Paralegal to join its dynamic team. The successful candidate will work closely with fee earners and the central support team, playing an essential role in delivering high-quality, efficient legal support across a range of complex transactions. This is an excellent opportunity for an organised and proactive individual looking to develop a career in Banking and Property law within a supportive and professional environment.

Key Responsibilities:

  • Assisting with Companies House and Land Registry registrations and responding to requisitions.
  • Supporting completions and redemptions, including the preparation of release documents, obtaining redemption statements, and liaising with clients and solicitors.
  • Preparing completion slips, priority searches, client reports, statements, and financial documentation for transactions.
  • Managing portfolio checklists and condition precedent schedules under the supervision of fee earners.
  • Maintaining accurate progress reports for clients and ensuring key deadlines and compliance requirements are met.
  • Handling administrative tasks such as file opening and closing, billing, recording undertakings, and archiving.
  • Preparing high-quality correspondence, security documents, and completion statements.
  • Maintaining client confidentiality and ensuring compliance with all relevant regulatory frameworks, including SRA rules and anti-money laundering regulations.

Candidate Profile:

  • Experience as a paralegal, legal assistant, or within a property or banking legal team is highly desirable.
  • Exceptional organisational skills with a keen eye for detail.
  • Strong communication skills, both written and verbal.
  • Ability to work independently while supporting a collaborative team environment.
  • Familiarity with legal and regulatory compliance standards.
  • Proficient with case management systems and Microsoft Office applications.

Benefits Include:

  • Competitive salary and comprehensive benefits package.
  • Opportunities for career progression and professional development.
  • A supportive, friendly working environment.
  • Involvement in high-value, complex banking and property transactions.
  • Access to internal training and mentorship from experienced legal professionals.

Banking Paralegal employer: Douglas Scott Legal Recruitment

Join a highly respected Manchester-based law firm that values its employees and fosters a supportive, friendly working environment. As a Banking Paralegal, you will benefit from a competitive salary, comprehensive benefits package, and ample opportunities for career progression and professional development, all while being involved in high-value, complex transactions alongside experienced legal professionals.
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Contact Detail:

Douglas Scott Legal Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Banking Paralegal

✨Tip Number 1

Network with professionals in the banking and property law sectors. Attend industry events, seminars, or webinars to meet potential colleagues and mentors who can provide insights and possibly refer you to opportunities at firms like ours.

✨Tip Number 2

Familiarise yourself with the latest trends and regulations in banking and property law. This knowledge will not only help you stand out during interviews but also demonstrate your commitment to the field and your proactive approach to learning.

✨Tip Number 3

Consider reaching out to current or former employees of our firm on professional networking sites. They can provide valuable insights into the company culture and the specific skills that are highly valued in a Banking Paralegal role.

✨Tip Number 4

Prepare for potential interviews by practising common paralegal interview questions, especially those related to banking and property law. Being well-prepared will help you convey your enthusiasm and suitability for the role effectively.

We think you need these skills to ace Banking Paralegal

Organisational Skills
Attention to Detail
Communication Skills
Legal Research
Knowledge of Companies House and Land Registry processes
Document Preparation
Client Liaison
Compliance Knowledge
Proficiency in Case Management Systems
Microsoft Office Proficiency
Time Management
Ability to Work Independently
Team Collaboration
Understanding of Regulatory Frameworks

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in banking or property law. Emphasise any previous roles as a paralegal or legal assistant, and showcase your organisational skills and attention to detail.

Craft a Strong Cover Letter: Write a compelling cover letter that explains why you are interested in the Banking Paralegal position. Mention specific responsibilities from the job description that excite you and how your skills align with them.

Highlight Relevant Skills: In your application, focus on your communication skills, ability to manage deadlines, and familiarity with legal compliance standards. Provide examples of how you've successfully handled similar tasks in the past.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a role in law.

How to prepare for a job interview at Douglas Scott Legal Recruitment

✨Showcase Your Organisational Skills

As a Banking Paralegal, you'll need exceptional organisational skills. Be prepared to discuss specific examples from your past experiences where you successfully managed multiple tasks or projects, highlighting your attention to detail and ability to meet deadlines.

✨Demonstrate Your Legal Knowledge

Familiarity with banking and property law is crucial. Brush up on relevant legal concepts and recent developments in the field. During the interview, confidently discuss how your knowledge can contribute to the firm's success and support their clients effectively.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving abilities and understanding of compliance standards. Think through potential situations you might face as a paralegal and how you would handle them, especially regarding client confidentiality and regulatory frameworks.

✨Ask Insightful Questions

At the end of the interview, take the opportunity to ask thoughtful questions about the firm’s culture, team dynamics, and opportunities for professional development. This shows your genuine interest in the role and helps you determine if the firm is the right fit for you.

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