Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support senior solicitors with complex financial transactions and legal document preparation.
- Company: Join a dynamic legal team in a top-tier law firm based in London.
- Benefits: Enjoy a competitive salary, full-time hours, and opportunities for professional growth.
- Why this job: Gain hands-on experience in banking law while working on impactful projects.
- Qualifications: 1+ years as a Paralegal in banking, strong legal knowledge, and excellent communication skills required.
- Other info: Ideal for motivated individuals looking to advance their legal careers.
The predicted salary is between 34000 - 51000 £ per year.
Location: London
Salary: £40k - £45k
Contract Type: Full-time, Permanent
About the Role
We are seeking a highly skilled and experienced Banking & Finance Paralegal to join our dynamic legal team. This is an excellent opportunity for a motivated individual with a solid background in banking and finance law to work alongside senior solicitors on a wide range of complex financial transactions and advisory work.
Key Responsibilities
- General matter support and Practice Evolve (our Practice Management System) filing to support the team with administrative tasks.
- Companies House Registrations.
- Assisting with the preparation and drafting of legal documents such as loan agreements, security documents, and other transactional documents.
- Support lawyers on key projects and tasks.
- Write first drafts, proofread and amend legal agreements, advice notes, letters and other documents.
- Conducting legal research and due diligence to support various banking transactions, including loan agreements, corporate finance, and real estate finance.
- Managing and organizing client files, ensuring that all documentation is up-to-date and accurately filed.
- Assisting with the transactional closing process from the initial filing to closing.
Requirements
- Minimum 1 years’ experience as a Paralegal within a banking and finance legal environment, ideally within a top-tier law firm or in-house legal team.
- Strong understanding of English banking and finance law, including LMA (Loan Market Association) standards.
- Demonstrable experience supporting complex bilateral and syndicated loan transactions.
- Excellent attention to detail and organisational skills.
- Ability to work effectively under pressure and manage competing priorities in a deadline-driven environment.
- Outstanding written and verbal communication skills.
- Law degree or equivalent legal qualification preferred.
- LPC/SQE or equivalent is advantageous but not essential.
Banking & Finance Paralegal (, , United Kingdom) employer: LR Legal Recruitment
Contact Detail:
LR Legal Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banking & Finance Paralegal (, , United Kingdom)
✨Tip Number 1
Network with professionals in the banking and finance legal sector. Attend industry events, webinars, or local meetups to connect with solicitors and other paralegals. This can help you gain insights into the role and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with the latest developments in banking and finance law, especially LMA standards. Subscribe to relevant legal journals or follow industry news to stay updated, which will demonstrate your commitment and knowledge during interviews.
✨Tip Number 3
Prepare for potential interviews by practising common questions related to banking and finance law. Be ready to discuss your previous experiences with loan agreements and financial transactions, showcasing your ability to handle complex tasks.
✨Tip Number 4
Consider reaching out to current or former employees of the firm you're applying to. They can provide valuable insights about the company culture and expectations, helping you tailor your approach and stand out as a candidate.
We think you need these skills to ace Banking & Finance Paralegal (, , United Kingdom)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in banking and finance law. Emphasise any specific roles or tasks that align with the responsibilities mentioned in the job description, such as drafting legal documents or conducting legal research.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for banking and finance law. Mention your experience as a paralegal and how it has prepared you for this role. Be sure to address why you want to work with this particular company and how you can contribute to their team.
Highlight Relevant Skills: In your application, focus on skills that are crucial for the role, such as attention to detail, organisational abilities, and communication skills. Provide examples of how you've successfully used these skills in previous positions.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter. Look for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your professionalism and attention to detail.
How to prepare for a job interview at LR Legal Recruitment
✨Know Your Banking & Finance Law
Make sure you brush up on your knowledge of English banking and finance law, especially the LMA standards. Being able to discuss these topics confidently will show that you're well-prepared and understand the complexities of the role.
✨Showcase Your Experience
Be ready to discuss your previous experience as a paralegal, particularly in banking and finance. Highlight specific transactions you've worked on, and be prepared to explain your role in those projects to demonstrate your capability.
✨Demonstrate Attention to Detail
Since this role requires excellent attention to detail, consider bringing examples of your work that showcase your ability to proofread and amend legal documents accurately. This will help illustrate your skills in managing complex documentation.
✨Prepare for Legal Research Questions
Expect questions about conducting legal research and due diligence. Be prepared to discuss your approach to these tasks and any tools or resources you use. This will show your analytical skills and your ability to support financial transactions effectively.
