Financial Services Paralegal

Reposted 13 Days Ago
Be an Early Applicant
New York, NY
55K-60K Annually
Entry level
Legal Tech
The Role
The Financial Services Paralegal drafts documents related to derivatives, communicates with clients, and maintains filing obligations. Candidates engage in a two-year commitment and have an opportunity to prepare for law school.
Summary Generated by Built In

At Fried Frank, we’re a community of 800 lawyers and 500 business services professionals across New York, Washington, DC, London, Frankfurt, and Brussels. We advise leading corporations, investment funds, and financial institutions on high-stakes M&A, securities, regulatory matters, real estate, and litigation. Our culture is grounded in our core values — excellence, integrity and collaboration — and fosters continuous learning, mentorship and professional growth. We are deeply committed to pro bono work, diversity, equity, inclusion, belonging and social justice, with a strong legacy in civil rights. Our business services professionals are integral to the firm’s success, driving innovation, operational excellence and exceptional client service across all areas of the firm. We offer competitive compensation and a comprehensive benefits package, including comprehensive medical coverage, retirement plans and health and wellness initiatives designed to support your personal and professional wellbeing. We welcome passionate, driven individuals to join us, and be part of a team where you’ll be supported, inspired and empowered to build an exceptional career.

Position Summary:

We have an opening for a Financial Services Paralegal position with a potential start date in Summer 2025. Our team works primarily with derivatives and structured products to meet the needs of investment banks, asset management firms and other financial institutions, analyzing economic information to create documents that provide the basis for our clients’ businesses. Led by a distinguished partner who has been consistently recognized as a leading lawyer in his area of expertise by independent commentators such as Chambers Global and Chambers USA who ranked him Band 1 in both Capital Markets: Derivatives – USA Nationwide and Capital Markets: Structured Products – USA Nationwide, our group has been recognized as “one of the best derivatives practices in the country, without a shadow of a doubt” by Chambers USA, making the paralegal position an ideal opportunity for someone with a keen interest in law or finance.

In particular, our paralegals enjoy a broad range of responsibilities including performing research, drafting documents, and assisting with the preparation and filing of transactional documents. Our workplace is fast-paced and team-oriented, providing an engaging environment on a daily basis. Further, our small group size allows for paralegals to function in a client-facing role and work closely with attorneys to deliver the highest caliber of legal representation to our clients. If selected for the Financial Services Paralegal Program, candidates will be expected to serve a two-year commitment in support of the practice as full-time employees, receiving significant exposure to professionals in the fields of securities law, tax law, equity derivative sales, securities trading and asset management. To foster their growth and development toward future legal careers, paralegals are also eligible to use their Paid Time Off (PTO) as a designated block of time to prepare for the LSAT exam and the law school application process.

Duties & Responsibilities:

  • Draft deal documents for clients by conducting market research and incorporating economic terms
  • Communicate regularly with clients and other legal counsels regarding outstanding deals
  • Handle the filing of deals with the U.S. Securities and Exchange Commission
  • Maintain detailed records of client deal history and assume responsibility for crucial administrative duties relating to those records

Qualifications:

  • Bachelor’s degree from a four-year college/university (preferably in Economics, Finance or other related fields); minimum cumulative GPA of 3.0
  • Strong attention to detail and ability to multi-task in a fast-paced environment
  • Excellent verbal and written communication skills and an interest in financial markets
  • Capacity to work in a team setting and perform tasks/projects independently
  • Ability to work well under pressure and meet strict deadlines
  • Proficient in MS Word, Excel and Outlook
  • Knowledge of VBA and/or experience with Bloomberg Terminal or other programming languages is a plus but not required
  • Availability/Flexibility to work a considerable amount of overtime and make an approximately 2-year commitment
  • Interest in pursuing law school or a career in law/finance is a plus

Salary Range:

  • Base Salary: $55,000 / Year
  • Total Annual Compensation (including overtime + bonuses): $90,000+
    • Important Note:  The estimated annual total compensation for this position can reach $90,000, based on a typical 50-60 hour workweek (37.5 regular salaried hours plus 10-20 overtime hours). Additionally, in most cases, the paralegal will be eligible for a discretionary bonus. 

The actual salary offered will be based on a number of factors including but not limited to the qualifications of the applicant, years of relevant experience, level of education attained, certifications or other professional licenses held, and if applicable, the location in which the applicant lives and/or from which they will be performing the job.

New York Salary Range

$55,000$60,000 USD

Top Skills

Bloomberg Terminal
Excel
Ms Word
Outlook
VBA
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The Company
HQ: New York, NY
1,471 Employees
On-site Workplace
Year Founded: 1890

What We Do

Fried, Frank, Harris, Shriver & Jacobson LLP advises the world's leading corporations, investment funds and financial institutions on their most critical legal needs and business opportunities. The firm's more than 650 lawyers are based in North America, the UK and Europe.

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