Paralegal in Newcastle upon Tyne

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, Malaysia and Newcastle.

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 work 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. You will be supported throughout by experienced colleagues, and you must adhere to all 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 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.
• 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’ll be more than happy to accommodate.