Senior Paralegal – Banking and Markets Group

About the role

As a member of Northern Trust’s Legal Department, this paralegal will be primarily responsible for supporting the Banking and Markets Group attorneys and their business partners on a wide range of banking-related matters in a manner consistent with Northern Trust’s enduring principles of Service, Expertise and Integrity. The position reports to a member of the Banking and Markets Group leadership team.

Responsibilities

• Documents non-standard private client and commercial loans using standard templates
• Assists in updating and maintaining standard banking-related templates
• Manages timely and appropriate response to requests for non-standard client verification letters
• Assists with reviewing and negotiating confidentiality agreements
• Assists with intake and triage of banking legal requests and notices
• Assists with tracking and managing loan party death matters, including notifications and probate-related filings and follow-up
• Supports Banking and Markets Group attorneys on bank regulatory matters
• Researches matters in support of Banking and Markets Group attorneys
• Participates in other corporate initiatives, as requested

Skills

• Understanding of documentation requirements for secured and unsecured lending
• Experience in loan document preparation using standard templates
• Ability to provide paralegal support on a wide range of banking and other legal matters
• Research skills sufficient to conduct in-depth research using legal search engines
• Excellent oral and written communication skills
• Ability to work collaboratively on teams and manage relationships with attorneys and business partners at all levels of the organization
• Interest and enthusiasm about involvement in emerging legal and/or regulatory issues

Qualifications

• Paralegal certificate
• Minimum 5 years of experience at a nationally recognized law firm and/or in-house legal department providing paralegal services in relevant areas

Benefits

Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Pay

Salary Range $74,200 - 126,200 USD

Schedule

Working Model: Hybrid – balanced hybrid working model to ensure flexibility; successful candidate will spend time between working in the office and working from home.