Entry Level Global Finance Paralegal

Sidley Austin LLP

Chicago, IL0–3 yrs52m agovia LinkedIn

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.

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