At a Glance
- Tasks: Support the Banking team with legal research, document drafting, and client queries.
- Company: Join Wedlake Bell, a Top 100 law firm in the heart of London, known for its collaborative culture.
- Benefits: Enjoy competitive salary, 25 days holiday, private medical insurance, and wellness initiatives.
- Why this job: Gain valuable experience in banking law with mentorship from top professionals in a supportive environment.
- Qualifications: A keen interest in banking law and a university degree (ideally law) are preferred.
- Other info: No prior experience required; excellent training provided for enthusiastic candidates.
The predicted salary is between 28800 - 43200 Β£ per year.
Paralegal – Banking (12-Months FTC) Wedlake Bell are recruiting a Paralegal to join our highly-regarded Banking team. This is a 12-month fixed-term contract. Our Banking team advises on a wide range of financing transactions for both lenders and borrowers. Transactions are weighted towards real estate finance but there is a diverse range of work supporting other teams, in particular our corporate and private client teams. Our clients are equally diverse, ranging from banks and financial institutions, private equity investors, corporate borrowers, and private individuals and entrepreneurs, to name a few. The team is small but growing, led by two former Magic-Circle partners, and supported by two fee-earners (senior to mid-level). As a Paralegal in the Banking team, you will work closely with all team members on a wide variety of tasks as outlined below. There is no prior experience required – the team offer excellent training and mentorship – though prior experience or a demonstrable interest in banking and finance is beneficial. This is an excellent opportunity for a law graduate or future trainee solicitor to gain outstanding experience in a truly varied practice. If this sounds interesting, we encourage you to apply. Find out more about our wider Banking practice here. About Us: Located in the heart of the City of London, Wedlake Bell is a Top 100 law firm offering full services across Private Client, Real Estate, Business Services, and Disputes. The firm has 81 Partners and a total headcount of around 400. We have grown year-on-year, attributed to the continual success of our legal teams, and the dedication of our staff members. Our culture is widely-recognised as one of the best in City law, built on trust, collaboration, and mutual respect. Joining us, you will be part of a firm which supports work/life balance, personal development, and building strong connections. With regular cross-firm socials and events (including our renowned yearly ski trip!), you will quickly feel like part of the WB team! Key Responsibilities: Providing general paralegal support on a variety of banking and finance matters, including: Assisting with initial due diligence, including the submission and review of company searches; Conducting legal research; Assisting with drafting of simpler banking documents such as deeds of release; Managing conditions precedent, including maintaining an up to date list of conditions precedent, liaising with borrowers/lender solicitors, drafting/reviewing corporate authorisations, and coordinating with internal and external stakeholders to ensure timely delivery of relevant documentation; Dealing with routine queries from clients and fee-earners in other teams; Administrative assistance on completions, including execution arrangements, collating documents and scanning; Post-completion administration, including submitting Companies House filings, arranging for the delivery of documents to borrower and lender, and overseeing the satisfaction of conditions subsequent; Other administrative tasks including diarising and monitoring key dates, printing, scanning, facilitating client on-boarding through drafting engagement letters and corresponding with clients regarding required AML documentation, assisting with preparing, reviewing. and sending out bills, etc; and Other ad-hoc responsibilities as required. Skills and Qualifications: A keen interest in Banking and Finance law, ideally with prior work experience (employed or internships/placements) in or a demonstrable understanding (undertaking related subjects during study) of the banking and finance environment; A university degree achieving at least a 2:1 β ideally a law degree, or post-graduate qualification in a related field; Completion of the LPC, or SQE preparatory courses / successful completion of SQE exams, is advantageous but not essential; Prior experience in a law firm would be advantageous but not essential; Excellent communication skills β must be able to interact and communicate effectively across all levels of seniority and on both an internal and external basis; Able to work well under pressure and in keeping with deadlines; Must have excellent attention to detail; and Strong IT capabilities, including a good understanding of modern office software (Office 365 suite). Why Join Us? A competitive starting salary; Comprehensive pension plan; 25 days paid holiday per annum, plus additional leave for significant life events; Option to purchase up to five additional days of holiday each year; Life Assurance and competitive income protection scheme; Access to Private Medical and Dental Insurance from day one; Enhanced parental leave policies; Employee Assistance Programme with face-to-face counselling services; Variety of staff wellbeing initiatives including Pilates classes and subsidised gym memberships; and A range of bonus schemes recognising referrals and client introductions. We are dedicated to fostering a diverse and inclusive workplace, where every individual is respected and valued. We welcome applications from all qualified candidates, irrespective of their background or personal circumstances. If you are passionate about joining a busy team and are eager for a challenging yet fulfilling career, we encourage you to apply. #J-18808-Ljbffr
Paralegal - Banking (12-Months FTC) employer: Wedlake Bell
Contact Detail:
Wedlake Bell Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Paralegal - Banking (12-Months FTC)
β¨Tip Number 1
Familiarise yourself with the key concepts of banking and finance law. Read up on recent developments in the sector, as this will not only enhance your understanding but also show your genuine interest during any discussions with the team.
β¨Tip Number 2
Network with professionals in the banking and finance field. Attend relevant events or webinars to connect with industry insiders, which can provide you with insights and potentially valuable contacts that may help you stand out.
β¨Tip Number 3
Prepare to discuss your understanding of the role of a paralegal in banking transactions. Think about how you can contribute to the teamβs success and be ready to share examples of how your skills align with their needs.
β¨Tip Number 4
Showcase your attention to detail and organisational skills in any interactions. Since the role involves managing conditions precedent and administrative tasks, demonstrating these abilities can set you apart from other candidates.
We think you need these skills to ace Paralegal - Banking (12-Months FTC)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experiences and skills that align with the Paralegal role in Banking. Emphasise any coursework, internships, or projects related to banking and finance law.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your interest in banking and finance law. Mention why you want to work at Wedlake Bell specifically and how your background makes you a suitable candidate for the role.
Highlight Relevant Skills: In your application, focus on skills that are crucial for the role, such as attention to detail, communication abilities, and IT proficiency. Provide examples of how you've demonstrated these skills in past experiences.
Show Enthusiasm for Learning: Since no prior experience is required, express your eagerness to learn and grow within the team. Mention any relevant courses or training you've undertaken that demonstrate your commitment to a career in law.
How to prepare for a job interview at Wedlake Bell
β¨Show Your Interest in Banking and Finance
Make sure to express your enthusiasm for banking and finance law during the interview. Discuss any relevant coursework or experiences that have sparked your interest, as this will demonstrate your commitment to the field.
β¨Prepare for Legal Research Questions
Since the role involves conducting legal research, be ready to discuss your approach to research tasks. You might be asked about specific resources you would use or how you would tackle a complex legal question.
β¨Highlight Your Attention to Detail
Attention to detail is crucial for a paralegal role. Prepare examples from your past experiences where your meticulousness made a difference, whether in academic projects or previous work.
β¨Demonstrate Strong Communication Skills
As the role requires interaction with clients and colleagues, practice articulating your thoughts clearly and confidently. Be prepared to discuss how you would handle routine queries or communicate effectively across different levels of seniority.