Paralegal

About Us

At 118 118 Money we are dedicated to helping Britain achieve financial fitness. In 2023 we relaunched the iconic 118 118 twins which reinforced our commitment to improving the financial fitness of people across the country. Our loans and credit cards are designed for those who are often overlooked by mainstream lenders and we have supported more than 800,000 customers on their journey to better financial wellbeing.

We are building on this mission with the launch of 118M8, our new financial fitness app designed to help people take control of their money with confidence. The app will provide simple tools, helpful guidance and clear support to make financial decisions feel less stressful and more achievable.

Our vision is to champion financial fitness across Britain by offering accessible products, valuable resources and reliable support. We are committed to fair and transparent credit solutions that promote financial wellbeing for all.

With a 4.8 Trustpilot rating we are proud to be seen as an approachable lender that provides clear financial support. If you want to make a real difference to peoples’ lives, this could be the ideal opportunity to join our mission.

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:

• Assist in reviewing and commenting on contracts: Prepare and analyse 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.

• Coordination of legal advisory and risk assessment: Coordinate legal advice and guidance to internal stakeholders on contractual matters

• 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: Maintain and update contract templates, clauses, and playbooks. Ensure contractual terms are consistent with legal standards and align with the organisation's risk appetite.

• Framework Establishment: Maintain 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.

What's in it for you?

• A competitive salary
• Flexible, hybrid working opportunities.
• Company bonus scheme - if the business does well, you should get rewarded for your hard work.
• 25 days annual leave, (plus bank holidays) increasing to 27 after two years service and 30 after five.
• Company pension scheme – we provide an enhanced pension scheme with generous employer contributions to set you up for the future which includes life cover of 4x your base salary.
• Eye test – you can claim a freebie each year, or if your needs change.
• Employee Assistance Programme - we offer membership to a recognised scheme to support you and your wellbeing.
• A strong ethos of equality, diversity, and inclusion.
• Wide business exposure, in terms of business disciplines, projects and stakeholders.
• Direct contribution to business transformation and growth.
• Huge learning and career progression opportunities.
• Being valued as an individual from our team.
• Full training, support and mentoring to develop a successful career in financial services.

Like what you’ve heard? Great - apply now!

As a candidate, we know the interview process can be daunting and it’s important that you have a great experience with us. We will do all we can to make sure you are fully informed and excited by our story so we get to see the best from you. If you need any adjustments made to help you with the interview process, just let us know by emailing [email protected] and we’ll do our best to accommodate them.

Following your application, we will want to learn more about you, your motivations, experiences, and values. In turn, you get to learn about our business, our culture, the role and what we can offer you.

If you think you’d be great for the role, but don’t necessarily tick all the boxes, we’d still love to hear from you, so apply today and take the first step towards an excititing future!

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. We recognise that everyone has different needs and while we can’t accommodate every flexible working request we are more than happy to have a conversation about it.

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.