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Paralegal - Commercial Contracts

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  • Job
    Full-time
    Junior & Mid Level
  • Legal
  • Nottingham

Requirements

  • Experience in drafting and negotiating commercial contracts.
  • Great attention to detail.
  • Ability to work independently and collaboratively in a fast paced environment, with flexibility to adapt to our changing business needs and strong prioritisation skills.
  • A strong commercial mindset.
  • Great communication skills, both written and verbal.
  • Excellent organisation skills and a proactive approach.
  • Great team working.
  • Law degree [preferred].

Responsibilities

  • Prepare and negotiate contractual arrangements, including services agreements, outsourcing agreements, software licences, digital marketing agreements, terms and conditions of purchase, variation agreements, termination agreements and renewals, following Capital One’s precedents.
  • Advise on legal risks in relation to third party contracting, including review of supplier terms and escalation to senior legal counsel.
  • Be responsible for progressing requests for contractual changes from start to finish, ensuring relevant business policies and procedures are followed and involving or escalating to other stakeholders where appropriate.
  • Enable and assist with contract signing and storage electronically, through Capital One’s systems.
  • Support senior legal counsel on major commercial transactions.
  • Develop and maintain great working relationships with supplier and sourcing managers, business leads and risk stakeholders, in Capital One UK and where appropriate within our US parent company.
  • Legal research and advice on relevant areas of law, including on commercial contracts, IT, IP, data protection and financial services regulation specific to third parties, supported by senior counsel or relevant specialists where necessary.
  • Identify and assess the impact of new laws related to contracting and train other business areas where appropriate.
  • Manage your workload in a timely and effective manner and proactively communicate to stakeholders on progress.

FAQs

What is the job title for this position?

The job title is Paralegal - Commercial Contracts.

Where is the position based?

The position is based in Nottingham, United Kingdom.

Who will the paralegal report to?

The paralegal will report to senior legal counsel.

What type of contracts will the paralegal be focusing on?

The paralegal will focus on supplier and other commercial contracts.

Is a law degree required for this role?

A law degree is preferred for this role.

What is the work schedule for this position?

The position has a hybrid working model, requiring presence in the Nottingham office three days a week on Tuesdays, Wednesdays, and Thursdays.

What skills are crucial for this role?

Important skills include contract drafting and negotiating skills, attention to detail, strong communication abilities, and a commercial mindset.

What benefits does Capital One offer for high performers?

High performers are offered strong and diverse career progression opportunities, training programs, and access to core benefits including a pension scheme, bonus, generous holiday entitlement, and private medical insurance.

Does Capital One support diversity and inclusion in the workplace?

Yes, Capital One is committed to building diverse and inclusive teams and has various internal networks and support groups for associates.

How does Capital One support professional development?

Capital One actively encourages personal and professional development through internal and external training programs.

Finance
Industry
10,001+
Employees

Mission & Purpose

At Capital One, we’re changing banking for good. We were founded on the belief that no one should be locked out of the financial system. We’re dedicated to helping foster a world where everyone has an equal opportunity to prosper. We’re a bank. But we don’t think like one. We’re always thinking about what’s next. About how we can innovate. Inspire. And develop the tools our customers need to improve their financial lives. That’s where you come in. Your ideas, your experiences and your skills will help us make banking simpler. Working here is about doing bold things. And having that feeling like you belong right where you are. Because we’re doing cool work that lets you have a life outside of work. That’s life at Capital One.

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