Entry Level Global Finance Paralegal
Sidley Austin LLP
About the Role
An entry-level opportunity to develop skills and gain expertise as a Corporate Finance Paralegal by working on complex, high-value lending and structured finance matters. This role offers a collaborative environment with the opportunity to exercise a significant degree of responsibility and independent judgment.
Key Responsibilities
- Develop an understanding of the elements of negotiated lending and structured finance transactions and support lawyers and clients.
- Learn the chronology of a transaction and assist on closings, including:
- Preparing and compiling deliverables.
- Drafting closing documentation.
- Preparing and maintaining closing checklists.
- Obtaining and reviewing formation documents.
(All under the supervision of an Attorney or senior Paralegal)
- Gain an understanding of documents necessary for a finance closing, including but not limited to:
- Public records.
- Lien searches.
- Officer’s/secretary’s certificates.
- Formation and transaction authorizing resolutions.
- Appointment of agent for service of process.
- Filings with secretaries of state and other public filings.
- Signature pages.
- Learn the elements and purpose of a lien search, including:
- Knowledge of different types of liens/lien searches.
- How and where to search for types of liens against a particular debtor.
- Engaging and interacting with corporate service providers to facilitate searches.
- Reviewing search results.
- Gain basic knowledge of entity types and their differences, and learn how to order and review corporate documents, including good standing certificates.
- Prepare and circulate signature pages (including using DocuSign or other electronic platforms when appropriate).
- Develop understanding of procedures for and facilitate delivery of original notes, equity certificates, and other possessory collateral.
(Under the supervision of an Attorney or senior Paralegal)
- Coordinate transaction workflows and manage closing and post-closing processes.
(Under the supervision of an Attorney or senior Paralegal)
- Review closing documents for completeness, accuracy, and compliance with transaction requirements.
- Identify open items and coordinate their completion and delivery with a senior Paralegal or Attorney.
- Develop understanding of basic UCC Article 8 and 9 concepts, including:
- Purpose of a UCC-1 filing.
- Components of a UCC-1 filing.
- How to prepare a UCC-1 face page and exhibit.
- Differences between a UCC-1 and a UCC-3.
- Actions that may be effected by the filing of a UCC-3.
- Drafting UCC collateral descriptions.
- Preparing schedules summarizing UCC filings received via lien searches.
- Developing understanding of Sidley’s UCC review procedures and process.
- Preparing and filing UCC financing statements, amendments, continuations, and terminations.
- Develop expertise in researching and analyzing Article 9 issues and other UCC matters.
- Assemble master closing sets and prepare and distribute electronic closing sets and closing books (where applicable).
- Learn how to set up a virtual or physical data room.
- Communicate effectively with other Paralegals, Attorneys, clients, opposing counsel, filing offices, and third-party vendors.
- Assist with other transactional and team responsibilities as needed.
Requirements & Tech Stack
- Strong organizational skills
- Strong attention to detail
- Good judgment
- Strong interpersonal communication skills
- Strong analytical and problem-solving skills
- Ability to work both independently and collaboratively in a fast-paced transactional practice.
- Ability to preserve confidentiality and exercise discretion.
- Ability to work under pressure.
- Ability to manage multiple projects with competing deadlines and priorities.
- DocuSign (or other electronic platforms)
Qualifications
- Bachelor’s degree.
- 0 – 3 years of paralegal experience supporting commercial finance, secured lending, securitization, or other financial transactions in a law firm or comparable professional-services environment.
- Strong organizational skills and the ability to manage multiple transactions, deadlines, and competing priorities.
- Excellent attention to detail, judgment, communication, and follow-through.
- Ability to work both independently and collaboratively in a fast-paced transactional practice.
- Paralegal certificate from an ABA-approved program (preferred).
- Knowledge of how to perform internet research/searches (preferred).
The demands of the transactional practice may require overtime during active closings and other periods of increased activity.