Senior Paralegal – Banking and Markets Group

Northern Trust
Chicago
Workplace: HybridFull timeUSD 74,200 - 126,200 annuallyFunction: Legal, Risk & ComplianceExperience: 5+ yearsEducation: certificationSkills: ["Communication","Collaboration","Relationship management","Research","Teamwork"]

Provide senior paralegal support to attorneys and business partners within the Banking and Markets Group, handling non-standard loan documentation, verification letter requests, and confidentiality agreements. Support intake and triage of legal requests, manage loan party death matters, and assist with regulatory matters through research and tracking. Work closely with attorneys and stakeholders while contributing to corporate legal initiatives in a hybrid model.

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Northern Trust
Northern Trust
3 days ago

Senior Paralegal – Banking and Markets Group

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Last checked: 4 hours agoStatus: Live

Job Summary

Provide senior paralegal support to attorneys and business partners within the Banking and Markets Group, handling non-standard loan documentation, verification letter requests, and confidentiality agreements. Support intake and triage of legal requests, manage loan party death matters, and assist with regulatory matters through research and tracking. Work closely with attorneys and stakeholders while contributing to corporate legal initiatives in a hybrid model.
Location: Chicago
Workplace: Hybrid
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Mid level

Key Responsibilities

  • •Document non-standard private client and commercial loans using standard templates.
  • •Update and maintain standard banking-related templates and manage timely responses to non-standard client verification letter requests.
  • •Review and assist with negotiating confidentiality agreements.
  • •Support intake and triage of banking legal requests and notices, including tracking loan party death matters and probate-related filings.
  • •Support attorneys on bank regulatory matters, including research and follow-up on related initiatives.

Pay and Benefits

Salary: USD 74,200 - 126,200 annually
Equity and Bonus:Equity
Perks:Health InsuranceDentalVision401kPensionPaid LeaveParental LeaveLife InsuranceDisability

Key Requirements

  • •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.
  • •Knowledge of documentation requirements for secured and unsecured lending.
  • •Experience preparing loan documents using standard templates.
  • •Strong oral and written communication skills and the ability to collaborate with attorneys and business partners.
Experience:5+ yearsBankingLendingLegal servicesRegulatory
Education:Certification / Diploma
Skills:CommunicationCollaborationRelationship managementResearchTeamwork
Certifications:Paralegal certificate

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Northern Trust
Global financial services firm providing wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and affluent individuals, with a focus on custody, investment management, and technology-driven services.
Industry: Asset Management
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Chicago, United States
Founded: 1889
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Glassdoor: 3.9
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