At a Glance
- Tasks: Support lending documentation, legal administration, and collections for SMEs.
- Company: Dynamic alternative lender expanding its presence in the UK.
- Benefits: Flexible part-time hours, competitive pay, and a supportive work environment.
- Other info: Ideal for those seeking part-time work with opportunities for growth.
- Why this job: Join a growing team and make a real impact in business lending.
- Qualifications: Experience as a paralegal or legal assistant, especially in business lending.
The predicted salary is between 25000 - 32000 £ per year.
About the Company
My client is an alternative lender that is building its presence in the UK. The business provides flexible working-capital solutions to SMEs, with a particular focus on unsecured business lending.
About the Role
As part of the development of its UK operation, my client is looking for a commercially minded Part-Time Paralegal with experience in business lending. This will be a varied, hands-on position supporting lending documentation, legal administration, recoveries and, ideally, collections and credit control. The role would suit someone seeking consistent part-time work, ideally for approximately two to three hours per day, five days per week.
Responsibilities
- Lending Documentation and Legal Support
- Prepare, review and administer business-loan agreements and associated documentation
- Assist with personal guarantees, security documents, settlement agreements and variations
- Check that lending documentation has been correctly completed and executed
- Maintain accurate records of agreements, guarantees, notices and supporting documents
- Support amendments, extensions, restructures and refinancing arrangements
- Coordinate with borrowers, brokers, solicitors and other external parties when required
- Identify missing information, documentation issues and matters requiring escalation
- Support the wider team with general legal research and administrative tasks relating to business lending
- Collections and Credit Control
- Monitor overdue accounts and maintain accurate records of arrears
- Contact business borrowers regarding missed or late payments
- Conduct collections conversations in a professional, constructive and commercially sensible manner
- Agree and document payment arrangements within the authority and policies set by the business
- Issue appropriate arrears correspondence, demands and notices
- Maintain regular follow-up activity and clear case notes
- Assist with settlement negotiations, repayment plans and account restructures
- Escalate higher-risk or disputed matters to senior management or external solicitors
- Support the recovery of outstanding balances, including preparation of case files for legal action
- Provide regular updates on arrears, collections activity and expected recoveries
- Processes and Governance
- Help develop practical UK processes for loan documentation, arrears management and recoveries
- Maintain clear, accurate and audit-ready records
- Ensure activity is conducted consistently with internal policies and applicable UK requirements
- Identify recurring documentation or collections issues and recommend improvements
- Work closely with underwriting, operations, finance and senior management
Qualifications
- Previous experience as a paralegal, legal assistant or legal executive
- Practical experience within business lending, commercial finance or SME finance
- Good understanding of business-loan agreements and the lending lifecycle
- Experience preparing, reviewing or administering lending and security documentation
- Strong written communication and attention to detail
- Ability to work independently and manage competing priorities within limited daily hours
Required Skills
- Hands-on experience in commercial collections, credit control, recoveries or arrears management is desirable
- Experience dealing directly with SME borrowers in financial difficulty
- Familiarity with personal guarantees, corporate security and enforcement processes
- Experience working for an alternative lender, fintech, specialist finance provider, bank or lending-focused law firm
- Experience coordinating matters with external solicitors and preparing files for legal recovery
- An understanding of UK legal and regulatory considerations relevant to commercial lending and collections
Preferred Skills
- Commercially minded and able to balance recovery objectives with sensible borrower outcomes
- Confident having professional but firm conversations about overdue payments
- Highly organised, accurate and dependable
- Comfortable working autonomously within a developing UK operation
- Proactive and willing to take ownership rather than wait for instructions
- Able to communicate legal and documentation matters clearly to non-legal colleagues
- Discreet and trusted when handling confidential financial information
Pay range and compensation package
Competitive part-time salary or hourly rate, depending on experience. Final structure and working arrangement to be agreed with the successful candidate.
Paralegal employer: Fintellect Recruitment
Join an award-winning automotive finance business in Manchester that prioritises a people-first culture and offers exceptional career progression opportunities. As a Senior Aftersales Manager, you'll lead a high-performing team while enjoying competitive benefits such as a performance-related bonus, private healthcare, and flexible family-friendly policies. This role not only allows you to make a significant impact on customer outcomes but also fosters a collaborative environment where your leadership can drive operational improvements and enhance the overall customer journey.
StudySmarter Expert Advice🤫
We think this is how you could land Paralegal
✨Leverage Your Local Law Community
Get involved with local legal societies or student law associations; they often have great networking events and workshops. It’s a brilliant way to meet practising lawyers and potentially get referred for part-time roles at firms like Fintellect Recruitment.
✨Showcase Your Skills with Mock Trials
Participate in mock trial competitions or legal clinics while studying. This not only sharpens your skills but also gives you practical experiences to talk about in interviews—perfect for a part-time role in law!
✨Tap Into Internship Networks
Make use of university career services to find internships or part-time opportunities. Many law firms source talent directly from student pools, so getting your foot in the door can lead to a longer-term position at a place like Fintellect Recruitment!
✨Apply Directly on Our Website
Don’t forget to check out Fintellect Recruitment’s careers page for specific listings. Applying directly can often give you an edge—plus, we appreciate candidates who show interest in our firm specifically!
We think you need these skills to ace Paralegal
Some tips for your application 🫡
Highlight Relevant Law Experience:When applying for this part-time role, make sure to focus on any legal internships, placements, or volunteer work you've done. Even if it’s just shadowing a lawyer, let us know how these experiences shaped your understanding of law and legal services. Every bit counts and shows your commitment to the field!
Use Clear Legal Terminology:Since you’re applying for a position in law services, it’s important to use appropriate legal terminology in your CV and cover letter. This will not only demonstrate your knowledge but also show us that you’re comfortable with the language of the profession. Avoid jargon overload, though; clarity is key!
Show Your Availability:As this is a part-time position, don’t forget to clearly state your availability in your application. Let us know what days and hours you’re free to work, and make it easy for us to see how you’d fit into our team. The more specific, the better!
Tailor Your Cover Letter Just For Us:Your cover letter is a chance to shine! Make it personal and tailored specifically to our role at Fintellect Recruitment. Talk about why you’re interested in legal services and how your experiences align with what we do. A sprinkle of passion goes a long way!
How to prepare for a job interview at Fintellect Recruitment
✨Show Off Your Legal Knowledge
Brush up on key legal concepts and current events in the legal realm that may affect your role. Be ready to discuss any relevant case studies or examples, as this demonstrates your engagement with the law beyond just theoretical knowledge.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions where you might be assessed on how you'd handle specific legal situations. Think about practical examples from your studies or previous experiences that highlight your problem-solving skills and ethical considerations.
✨Balance Your Expertise with Flexibility
As this is a part-time role, be prepared to discuss your time management skills and how you can juggle work with your studies or other commitments. Employers will want to see how you can contribute effectively while maintaining a flexible schedule.
✨Highlight Your Commitment to Continuous Learning
Conveying your dedication to ongoing education in the legal field gives a strong impression. Mention any additional courses, certifications, or workshops you've pursued that enhance your legal expertise, showing your motivation for growth in your career.
