About the Company
My client is an alternative lender that is building its presence in the UK. The business provides flexible working-capital solutions to SMEs, with a particular focus on unsecured business lending.
About the Role
As part of the development of its UK operation, my client is looking for a commercially minded Part-Time Paralegal with experience in business lending. This will be a varied, hands-on position supporting lending documentation, legal administration, recoveries and, ideally, collections and credit control. The role would suit someone seeking consistent part-time work, ideally for approximately two to three hours per day, five days per week.
Responsibilities
- Lending Documentation and Legal Support
- Prepare, review and administer business-loan agreements and associated documentation
- Assist with personal guarantees, security documents, settlement agreements and variations
- Check that lending documentation has been correctly completed and executed
- Maintain accurate records of agreements, guarantees, notices and supporting documents
- Support amendments, extensions, restructures and refinancing arrangements
- Coordinate with borrowers, brokers, solicitors and other external parties when required
- Identify missing information, documentation issues and matters requiring escalation
- Support the wider team with general legal research and administrative tasks relating to business lending
- Collections and Credit Control
- Monitor overdue accounts and maintain accurate records of arrears
- Contact business borrowers regarding missed or late payments
- Conduct collections conversations in a professional, constructive and commercially sensible manner
- Agree and document payment arrangements within the authority and policies set by the business
- Issue appropriate arrears correspondence, demands and notices
- Maintain regular follow-up activity and clear case notes
- Assist with settlement negotiations, repayment plans and account restructures
- Escalate higher-risk or disputed matters to senior management or external solicitors
- Support the recovery of outstanding balances, including preparation of case files for legal action
- Provide regular updates on arrears, collections activity and expected recoveries
- Processes and Governance
- Help develop practical UK processes for loan documentation, arrears management and recoveries
- Maintain clear, accurate and audit-ready records
- Ensure activity is conducted consistently with internal policies and applicable UK requirements
- Identify recurring documentation or collections issues and recommend improvements
- Work closely with underwriting, operations, finance and senior management
Qualifications
- Previous experience as a paralegal, legal assistant or legal executive
- Practical experience within business lending, commercial finance or SME finance
- Good understanding of business-loan agreements and the lending lifecycle
- Experience preparing, reviewing or administering lending and security documentation
- Strong written communication and attention to detail
- Ability to work independently and manage competing priorities within limited daily hours
Required Skills
- Hands-on experience in commercial collections, credit control, recoveries or arrears management is desirable
- Experience dealing directly with SME borrowers in financial difficulty
- Familiarity with personal guarantees, corporate security and enforcement processes
- Experience working for an alternative lender, fintech, specialist finance provider, bank or lending-focused law firm
- Experience coordinating matters with external solicitors and preparing files for legal recovery
- An understanding of UK legal and regulatory considerations relevant to commercial lending and collections
Preferred Skills
- Commercially minded and able to balance recovery objectives with sensible borrower outcomes
- Confident having professional but firm conversations about overdue payments
- Highly organised, accurate and dependable
- Comfortable working autonomously within a developing UK operation
- Proactive and willing to take ownership rather than wait for instructions
- Able to communicate legal and documentation matters clearly to non-legal colleagues
- Discreet and trusted when handling confidential financial information
Pay range and compensation package
Competitive part-time salary or hourly rate, depending on experience. Final structure and working arrangement to be agreed with the successful candidate.
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