Job Description

At 118 118 Money, we are dedicated to helping Britain achieve financial fitness. In 2023, we proudly relaunched the iconic 118 118 twins, reaffirming our commitment to improving the financial health of individuals across the nation. Our loans and credit cards are designed specifically for those often overlooked by mainstream lenders, empowering over 800,000 customers on their journey to better financial well-being.

Our vision is to champion financial fitness throughout Britain by offering accessible products, valuable resources, and unwavering support. We are on a mission to provide fair and transparent credit solutions that promote financial well-being for all.

With an impressive 4.8 Trustpilot rating, we take pride in being an approachable lender, ready to provide clear financial support. If you're inspired by what you've read and want to make a real difference in people's lives, keep reading--your next opportunity to contribute to our mission could be just a few clicks away!

What you'll do

We are seeking a highly organised and detail-oriented Paralegal to join our dynamic team in London. This role offers a unique opportunity to provide legal and corporate governance support, ensuring compliance with statutory requirements and best practices.

You will play a key role in preparing board papers and packs, coordinating board meetings, and taking minutes. Additionally, you will support legal and company secretarial matters, including maintaining corporate records and assisting with regulatory filings.

Key responsibilities and objectives:

Draft, review, and negotiate contracts: Prepare, analyse, and negotiate various types of contracts, ensuring they align with legal requirements, company policies, internal risk and business objectives. Identify and address potential legal risks, ensuring favourable terms and conditions for the organisation in a practical and commercial manner. Legal advisory and risk assessment: Provide legal advice and guidance to internal stakeholders on contractual matters, including interpretation of contractual provisions, rights, and obligations. Conduct risk assessments and propose strategies to mitigate legal risks associated with contracts. Contract management and administration: Maintain a comprehensive contract database, track contract expiration dates, and ensure compliance with contract terms and conditions. Collaborate with relevant teams to monitor contract performance, amendments, extensions, and terminations. Contract templates and standardization: Develop and maintain contract templates, clauses, and playbooks to streamline the contract creation and review process. Ensure contractual terms are consistent with legal standards and align with the organisation's risk appetite. Framework Establishment: Establish a contract framework and adhere to the process ensuring relevant stakeholders are inputting to contracts. Compliance and regulatory adherence: Stay up to date with relevant laws, regulations, and industry standards impacting contract management. Ensure contracts comply with legal and regulatory requirements, such as data protection, intellectual property, and competition laws. Corporate Secretarial Duties: Fulfilling statutory obligations related to company administration. This includes maintaining accurate company records, filing required documents with regulatory authorities, managing share capital and shareholder registers and ensuring compliance with company constitution and bylaws. Board Papers: Organising board meetings, preparing meeting agendas and materials, recording accurate minutes, and facilitating effective communication between the board and management.

Who you are

An experienced inhouse Paralegal with a proactive, hands on attitude and a willingness to get stuck into the details.

What you'll need:

Experience:

Experience with company secretarial duties, including board pack preparation, minute taking and filings. Extensive experience as an in-house paralegal. Proven experience in contract review, corporate governance and due diligence. Commercial awareness and the ability to apply legal concepts in a commercial context.

Skills and qualifications:

Strong analytical and problem-solving skills. Able to communicate effectively and get to the heart of complex issues both orally and in writing. Exceptional interpersonal abilities. Adept at juggling multiple priorities in a fast-paced environment. A law degree (LLB) or equivalent legal qualification.

Equal Opportunity Employer

At 118 118 Money we are passionate about equality, diversity, and inclusion. We are committed to being representative of different cultures, background, lifestyles, and groups, where everyone has an equal chance to succeed. It is our policy to treat everyone fairly and to ensure no one is disadvantaged or receives less favourable treatment.

How we handle your data

118 118 Money requires your personal data to process your application for a position within our Company. If your application is successful through to telephone screening/interview, and you are not selected for a role, we may store your personal data for 12 months to enable our HR team to contact you should future roles be advertised.

Where you apply, but are not selected for telephone screening/interview, we will delete your personal data once the position is filled.

118 118 Money does not use automated decisioning or profiling when selecting candidates.

For your rights under GDPR please see our Privacy Policy

Please be aware that should we pursue your application, all our Financial Services employees will be expected to complete background checks to assess suitability for employment, these include a criminal record, identity, sanctions, adverse finance, fraud prevention and reference checks to comply with our regulatory requirements.

Job Type: Full-time

Pay: 25,000.00-40,000.00 per year

Additional pay:

Bonus scheme
Benefits:

Company pension
Schedule:

Monday to Friday
Ability to commute/relocate:

London EC4A 3AG: reliably commute or plan to relocate before starting work (required)
Application question(s):

Do you have experience taking board minutes and preparing board packs?
Experience:

company secretarial: 1 year (required) inhouse paralegal: 1 year (required)
Work Location: In person

Reference ID: Paralegal118