Paralegal (Analyst) Legal & Transaction Management
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Job Summary
The Paralegal Analyst role sitting with the Legal and Transaction Management Team will have experience of banking and finance transactions and will work on a wide range of finance transactions working directly with customers managing lawyers CPs and reviewing finance documents to deliver streamlined service for clients.
Responsibilities:
- Support senior members of the legal team work with senior members of the legal team to execute transactions with speed and diligence by assisting with OakNorths CRM platform (nCino / Digital Lending) managing internal CPs and working with Debt Finance support to satisfy credit conditions.
- Review finance documents review and provide comments on Term Sheets Loan Agreements and security documents whilst under the supervision of senior members of the team.
- Work with other departments work with the Credit team to ensure credit sanctions are satisfied and the Operations team to ensure loans are booked correctly.
- Drafting amendment letters draft amendment letters for review by senior members of the team.
- Review insurance policies review and summarise insurance policies to ensure they comply with OakNorths insurance standards.
- Manage and lead all aspects of transactions work directly with clients and external lawyers and the Debt Finance team to ensure that all conditions are satisfied and all aspects of transactions are moving with momentum.
- Assist in the review of HoTs work with Debt Finance directors on producing an initial term sheet/providing indicative terms by reviewing these alongside the conditions of sanction.
- Administration Tasks obtain legal quotes arrange team training events and arrange the signing of documents.
- Close Deals work on pre-drawdown amendments satisfy CPs needed to close deals and push deals to sign and fund.
- Liaise with the Portfolio Management team to facilitate drawdowns work with the portfolio management team and the client to ensure the drawdown process occurs smoothly.
- nCino / Digital Lending Updates update loan walls daily.
- AI Usage & Projects assist the wider legal team on special projects to drive continued process improvement and help to embed the use of AI tools into existing tasks.
- Ad hoc Tasks step up when impromptu tasks arise. Examples include reviewing and summarising key legal and market developments work on key precedent documentation and enhancing internal processes.
Requirements:
- 1-2 years Paralegal experience in banking and finance.
- Ability to work cooperatively with all levels of staff in a rapidly changing demanding but ultimately rewarding environment.
- Drive to achieve a common goal (lend money help businesses and earn interest/fees!).
Benefits & Perks:
- Equity. We want people to have a stake in the business so that all our interests are aligned.
- 25 days holiday
- Personalized benefits opt-in to what matters to you
- Subsidised Private Medical Insurance with Bupa
- Enhanced maternity and paternity leave
- Wellbeing and social events
- Support causes that matter to you Volunteering time off
- Salary sacrifice schemes (Cycle to work nursery gym electric car scheme)
We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.
Required Experience:
IC
Key Skills
- Anti Money Laundering
- Foreign Office
- Customer Support
- ABB
- Cement
- Application Engineering
About Company
OakNorth Credit Intelligence Suite transforms commercial lending, giving banks 360° views of borrowers, with deeply granular, forward-looking insight, to improve efficiencies, lower credit risk, and drive profitable growth through economic cycles. Banks lend smarter, lend faster, and ... View more
