In-House Paralegal (4-6+ yrs)

McCormack Schreiber Legal Search; Chicago (IL); Hybrid; USD 95,000 - 130,000; Full time

Job summary

McCormack Schreiber Legal Search seeks a senior associate-level private equity paralegal for our client in Chicago, IL. The role emphasizes drafting and managing fund-related documents and overseeing fund closings.

The ideal candidate has 4–6 years of transactional paralegal experience, AML/KYC knowledge, and a bachelor\'s degree with ABA-accredited certificate preference. Hybrid work in Chicago with a base salary range of $95,000–$130,000 is offered.

Qualifications

• 4–6 years of transactional paralegal experience in private equity, M&A, real estate, or debt finance.
• Experience with private funds or fund-of-funds investments is preferred.
• Solid AML/KYC knowledge with strong attention to detail.
• Bachelor's degree and ABA-accredited paralegal certificate preferred.

Responsibilities

• Draft and manage private equity fund investment documents, including subscription agreements and side letters.
• Oversee closings for fund-of-funds investments and co-investments.
• Act as the primary liaison between internal investment teams, outside counsel, GPs, investors, and other external parties.
• Maintain organized, compliant closing files and post-closing recordkeeping.

Skills

Paralegal experience

AML/KYC knowledge

Deal documentation management

Multitasking

Education

Bachelor's degree in law or business administration

Job description

Our client, a global private markets investment manager, is actively seeking a private equity paralegal to join its Chicago office as a senior associate. This established, employee-owned firm boasts a positive culture of collaboration and a commitment to professional development, with clients including leading public and corporate pension plans, foundations, endowments, insurance companies, registered investment advisors, and high net worth individuals worldwide.

Highlights

• 100% employee-owned company
• Named a best place to work for money management

Responsibilities

• Draft and manage private equity fund investment documents, including approval materials, subscription agreements, side letters, and AML/KYC records
• Oversee the full lifecycle of closings for fund-of-funds investments and co-investment transactions
• Act as the primary liaison between internal investment teams and outside counsel, general partners, investors, and other external parties throughout each closing
• Maintain organized, compliant closing files and support post-closing document distribution and recordkeeping

Required Qualifications

• At least 4-6 years of transactional paralegal experience gained in-house or at a law firm, with a focus on private equity, M&A, commercial real estate, and/or debt finance work
• Proven ability to juggle multiple closings simultaneously and manage complex deal documentation, ideally including experience with private fund or fund-of-funds investments
• Solid understanding of global AML/KYC requirements, along with sharp attention to detail and strong organizational and prioritization skills
• Bachelor's degree, preferably in law or business administration, with a strong preference for an ABA-accredited paralegal certificate

Location

Chicago, IL (Hybrid)

Compensation

The anticipated base compensation for this position is $95,000 - $130,000.