What is the salary for this Paralegal (Analyst) - Legal & Transaction Management role?

Salary information is not publicly listed for this position. Apply directly to discuss compensation with OakNorth.

Where is this Paralegal (Analyst) - Legal & Transaction Management position located?

This is an on-site position at OakNorth located in London.

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OakNorth is actively hiring for Legal roles. Visit the company page to see all open positions and learn more about working at OakNorth.

Paralegal (Analyst) - Legal & Transaction Management

OakNorth London 8 days ago

legal

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 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.