Paralegal

About the Company

My client is an alternative lender that is building its presence in the UK. The business provides flexible working-capital solutions to SMEs, with a particular focus on unsecured business lending.

About the Role

As part of the development of its UK operation, my client is looking for a commercially minded Part-Time Paralegal with experience in business lending. This will be a varied, hands-on position supporting lending documentation, legal administration, recoveries and, ideally, collections and credit control. The role would suit someone seeking consistent part-time work, ideally for approximately two to three hours per day, five days per week.

Responsibilities

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• Lending Documentation and Legal Support
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• Prepare, review and administer business-loan agreements and associated documentation
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• Assist with personal guarantees, security documents, settlement agreements and variations
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• Check that lending documentation has been correctly completed and executed
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• Maintain accurate records of agreements, guarantees, notices and supporting documents
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• Support amendments, extensions, restructures and refinancing arrangements
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• Coordinate with borrowers, brokers, solicitors and other external parties when required
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• Identify missing information, documentation issues and matters requiring escalation
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• Support the wider team with general legal research and administrative tasks relating to business lending
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• Collections and Credit Control
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• Monitor overdue accounts and maintain accurate records of arrears
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• Contact business borrowers regarding missed or late payments
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• Conduct collections conversations in a professional, constructive and commercially sensible manner
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• Agree and document payment arrangements within the authority and policies set by the business
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• Issue appropriate arrears correspondence, demands and notices
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• Maintain regular follow-up activity and clear case notes
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• Assist with settlement negotiations, repayment plans and account restructures
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• Escalate higher-risk or disputed matters to senior management or external solicitors
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• Support the recovery of outstanding balances, including preparation of case files for legal action
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• Provide regular updates on arrears, collections activity and expected recoveries
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• Processes and Governance
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• Help develop practical UK processes for loan documentation, arrears management and recoveries
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• Maintain clear, accurate and audit-ready records
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• Ensure activity is conducted consistently with internal policies and applicable UK requirements
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• Identify recurring documentation or collections issues and recommend improvements
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• Work closely with underwriting, operations, finance and senior management
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Qualifications

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• Previous experience as a paralegal, legal assistant or legal executive
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• Practical experience within business lending, commercial finance or SME finance
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• Good understanding of business-loan agreements and the lending lifecycle
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• Experience preparing, reviewing or administering lending and security documentation
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• Strong written communication and attention to detail
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• Ability to work independently and manage competing priorities within limited daily hours
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Required Skills

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• Hands-on experience in commercial collections, credit control, recoveries or arrears management is desirable
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• Experience dealing directly with SME borrowers in financial difficulty
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• Familiarity with personal guarantees, corporate security and enforcement processes
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• Experience working for an alternative lender, fintech, specialist finance provider, bank or lending-focused law firm
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• Experience coordinating matters with external solicitors and preparing files for legal recovery
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• An understanding of UK legal and regulatory considerations relevant to commercial lending and collections
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Preferred Skills

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• Commercially minded and able to balance recovery objectives with sensible borrower outcomes
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• Confident having professional but firm conversations about overdue payments
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• Highly organised, accurate and dependable
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• Comfortable working autonomously within a developing UK operation
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• Proactive and willing to take ownership rather than wait for instructions
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• Able to communicate legal and documentation matters clearly to non-legal colleagues
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• Discreet and trusted when handling confidential financial information
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Pay range and compensation package

Competitive part-time salary or hourly rate, depending on experience. Final structure and working arrangement to be agreed with the successful candidate.