At a Glance
- Tasks: Review and amend commercial contracts to ensure compliance with new regulations.
- Company: Join a major financial services organisation with a focus on regulatory change.
- Benefits: Competitive rate of £250 per day, hybrid working, and potential contract extension.
- Other info: Collaborative environment with opportunities for professional growth and development.
- Why this job: Be part of a high-profile project that makes a real impact in the financial sector.
- Qualifications: Experience as a Paralegal with a focus on commercial contracts and strong organisational skills.
The predicted salary is between 45000 - 55000 £ per year.
Location: London (Old Bailey), Birmingham or Edinburgh
Working Pattern: Hybrid, 2-3 days per week on-site
Duration: Initial contract through to December 2026, with potential extension
Rate: £250 per day
Start Date: ASAP
Overview
We are seeking two experienced Contract Paralegals to join a high-profile regulatory change programme within a major financial services organisation. Working within the Procurement and Supplier Management team, you will play a key role in reviewing and amending existing supplier and commercial contracts to ensure compliance with upcoming regulatory requirements. This is an excellent opportunity for commercially minded paralegals who are comfortable managing contract reviews at pace and can work independently while collaborating closely with legal, procurement and supplier management stakeholders.
Key Responsibilities
- Review and analyse existing commercial and supplier contracts against new regulatory requirements.
- Identify contractual provisions requiring amendment and support the drafting of contract updates.
- Work closely with the central contracts team to ensure timely remediation of impacted agreements.
- Support procurement and supplier management stakeholders throughout the contract review process.
- Maintain accurate records of contract reviews, amendments and project progress.
- Escalate legal and commercial risks appropriately where identified.
- Contribute to a fast-paced regulatory programme with challenging delivery timelines.
- Collaborate with legal, procurement and operational teams to support successful project outcomes.
Required Experience
- Proven experience working as a Paralegal with a strong focus on commercial contracts.
- Demonstrable experience reviewing, analysing and amending commercial agreements.
- Ability to work independently while managing multiple priorities and deadlines.
- Strong attention to detail and excellent organisational skills.
- Experience working within a legal, procurement, contracts or supplier management environment.
- Strong stakeholder management and communication skills.
Desirable Experience
- Experience within financial services or another highly regulated industry.
- Understanding of outsourcing arrangements and supplier contracting.
- Exposure to regulatory change programmes or contract remediation projects.
- Experience using AI-powered legal technology tools such as Leah or similar contract review platforms.
Virtual Legal Assistant (Paralegal) in City of London employer: Impellam Group
Join a leading banking client that values innovation and collaboration, offering a dynamic work culture where your analytical skills can shine. With a hybrid working model, you will enjoy the flexibility of working from home while also engaging with a supportive team on-site in vibrant locations like Edinburgh, London, Birmingham, or Bristol. The company prioritises employee growth through continuous learning opportunities and fosters a culture of inclusivity and teamwork, making it an excellent employer for those seeking meaningful and rewarding careers in financial services.
