Senior Paralegal – Banking and Markets Group

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

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. 

Primary 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; and
• Participates in other corporate initiatives, as requested.

Skills/Experience Required

The ideal candidate would have the following skills and experience:

• 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; and
• Interest and enthusiasm about involvement in emerging legal and/or regulatory issues.

Qualifications/Experience

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

Working Model: Hybrid (#LI-Hybrid)

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)

Salary Range:

$74,200 - 126,200 USD

Salary range is a good faith estimate of base pay. 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.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.