Paralegal (Analyst) - Legal & Transaction Management

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 OakNorth’s 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 OakNorth’s 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)