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ONCI · 3 months ago

Paralegal (Transaction Execution)

Michigan

Full-time

Onsite

Entry, Mid Level

OakNorth is reshaping the future of business lending in the US, seeking a Paralegal to join their US Legal & Transaction Management team. The role involves supporting the execution and management of lending transactions, preparing legal documentation, and collaborating with senior lawyers and transaction managers.

CreditFinancial ServicesSoftware

Responsibilities

Support transaction execution by preparing, reviewing, and managing legal documentation (amendment letters, waiver requests, security documents, signature pages, etc.)

Review term sheets, credit papers and draft loan documents for alignment of deal terms

Coordinate execution processes, including managing e-signature and wet-signing logistics

Support due diligence processes, including insurance reviews, lease assessments and zoning report reviews

Liaise with internal teams (Credit, Portfolio Management, Operations, Customer Due Diligence) to ensure smooth deal handovers

Conduct legal research, summarise findings, and support senior team members on complex matters

Use digital tools (including AI-enabled platforms) to streamline document review and transaction management

Qualification

BankingFinance lawCommercial real estate (CRE)Structured finance transactionsLegal documentation managementProject management skillsMicrosoft OfficeDigital/AI tools familiarityCommunication skillsAttention to detail

Required

Prior real estate leveraged or structured finance paralegal or legal support experience in banking and finance law

Working knowledge of commercial real estate (CRE), commercial & industrial (C&I), and structured finance transactions (including note-on-note financings)

Strong organisational and project management skills, with meticulous attention to detail

Good drafting ability and comfort reviewing complex legal and regulatory documents

Strong communication skills and ability to work across teams and geographies

Proactive, adaptable, and eager to learn, with a strong sense of ownership

Proficiency in Microsoft Office; familiarity with digital/AI tools a plus

Benefits

401k plan with Principal (ON match up to 4%)

Medical Care (managed through Insperity) - employees can add their family to their plan if needed

Dental & Vision bundle

Insperity Health Savings Account Program - this is a tax-advantaged employee benefit which can help manage health care costs by allowing employees to set aside some of their current earnings on a pretax basis for reimbursement of qualified health care expenses during the plan year

EAP

20 days Holiday

Company

ONCI

Glassdoor3.1

ONCI is a purpose-built commercial credit analysis platform that helps credit teams transform fragmented borrower data into strategic action and forward-looking control – giving them ownership of their data, metrics, and decisions.

Founded in 2015