However, a banking paralegal position can also be a law firm's job in which you focus on banking and finance related matters. These can include capital markets, trusts, finance, assets, recoveries, investment servicing, investment management and investment research. Banks employ legal firms in a variety of capacities and the experience gained in paralegal jobs at law firm can be used to gain employment directly with a bank or other financial institution.
The first step towards getting banking paralegal jobs is to ensure you have the necessary skills, qualifications and experience. Most paralegal positions require at least an Associate's degree in Paralegal Studies or equivalent and some require additional computer and administrative training. It is a good idea to read the selection criteria for banking paralegal jobs you are interested in to discover what different banks or other financial institutions require for these positions. This way, if you are lacking in any area you can gain the necessary skill or qualification before applying for these jobs and avoid wasting your time.
When you meet most selection criteria you can begin to apply for paralegal jobs. Online job sites will make your job search quick and effective. You can find employment websites which specialize in banking and finance jobs as well as those that specialize in legal positions. Paralegal jobs will be advertised in both of these places. Large generalist job sites are also great places to begin to look for these jobs. You can search by category, location and salary as well as by job title and you can request and email alert to inform you of any new jobs that meet your specifications. Online legal job sites give you immediate information on available jobs and usually allow you to apply online, saving you even more time. When you see a job that interests you, you can take action straight away increasing your job search effectiveness.
Recruitment companies that specialize in either legal or banking jobs are worth contacting regarding paralegal positions. You can telephone local employment agencies or you can visit their websites and check out their job vacancies. These companies often recruit for particular financial institutions and so have a good idea of current and upcoming job vacancies across a range of areas. Even if there are no current jobs available, consultants can provide valuable information that can help you find and obtain a paralegal banking job. Some of these companies also supply temporary staff to their clients and may recommend placing you as a temporary paralegal with certain organizations with a view to gaining permanent employment. This can be an effective strategy if you want to get a foot in the door or gain some experience and allows you to earn money while you are looking for your ideal position.
A lot of these jobs are still advertised in newspapers so make sure you buy the major paper in your region on the day it has the most employment ads and browse through it for suitable jobs. It's not as easy as searching online and it's easy to miss a job if it has a different title, so make a point of reading through the job ads from beginning to end. Law paralegal jobs often do not mention the word 'paralegal.'
Make a list of all your local banks and other financial institutions from the Yellow Pages and visit their websites. Many of them will advertise job vacancies online and you can quickly see if they have any current job openings. You can often apply online through these websites.
If you are looking for paralegal jobs at law firm rather than a financial institution, you can visit the websites of firms you are interested in and check out their job vacancies. You can also telephone their human resources departments if there are large concerns. It is a good idea to mention that although you are looking for full time employment, you would be open to temporary work with them while you are engaged in your job search. This provides them with a way of evaluating your work on a temporary basis and may well result in a job offer if they are happy.
Whether you choose to work in a financial institution or for a law firm, banking paralegal jobs are in high demand the world over. You can usually earn a good income without the need for a four year degree and most paralegals find that their jobs are fairly secure even in the tough times.
As long as you make sure you have the appropriate qualifications and experience, an up to date and professional resume, and a confident and professional interview manner, you will be able to find and obtain law paralegal jobs that pay well and offer career security. As with any job search, it's a numbers game. You may not get your dream job offer in the first week, but if you are persistent it will come.