Paralegal

Loomis Sayles is a performance-driven active asset management company that seeks to identify exceptional investment opportunities on behalf of institutional and retail clients worldwide. We believe active management fueled by proprietary, best-in-class research helps us achieve financial success for our clients. Founded in 1926, Loomis Sayles currently oversees approximately $400 billion in assets under management for global clients spanning more than 50 countries.

We foster a culture of entrepreneurialism, where all employees are empowered and encouraged to develop themselves and their ideas. Our culture centers on our shared IDEALS, the core characteristics of who we aspire to be as employees and an organization.

INCLUSIVE & DIVERSE-DEDICATED TO TEAMWORK–EXCELLENT–ACCOUNTABLE–LEADERS-SOLUTION-ORIENTED

Loomis Sayles is committed to the continual improvement of our performance, processes and people. As part of this commitment, we are looking to hire an enthusiastic and passionate candidate, eager to contribute to our continued success through the following employment opportunity:

About the Role
This is a new paralegal position within the Legal and Compliance Department and will report to an Assistant General Counsel. The paralegal will be a member of the legal team supporting the private credit and bank loan investment teams and will represent the organization to internal and external business partners. The role will primarily involve identifying, evaluating and effectively communicating legal risks and business issues to appropriate parties for the private credit investment team, ultimately recommending and negotiating appropriate solutions and/or coordinating assistance from in-house attorneys. The role will also involve supporting the bank loan investment team by monitoring events related to existing investments, analyzing such events, and coordinating responses in consultation with the investment team.
About the Team
Primarily based out of Minneapolis, the Private Credit Team, which includes Managing Directors, Private Credit Analysts, Product, Legal and Information Technology specialists, invests in a full range of privately placed corporate, asset backed, infrastructure and other esoteric types of transactions. Although relatively new, the team has undergone a tremendous period of growth over the past few years, which is set to continue through 2025 and beyond. This role is adding a key member of the team to promote the Loomis Sayles Private Credit business. Additionally, the Bank Loan Team, based out of Boston, includes the full range of business, legal and operational specialists. This team is an established team with highly developed processes which the paralegal will learn and execute as part of the role.
Job Responsibilities

• Provide a high level of legal support directly to business clients independently, with minimal guidance, including responsibility for analyzing, drafting and negotiating complex legal documents and acting as the lead in managing transactions with internal and external parties through closing of private transactions.
• Prepare and/or evaluate requested amendments, consents, and waivers with respect to private credit securities and bank loan investments, analyze proposed changes and coordinate a response from the investment team and/or in-house counsel, as applicable.
• Draft bond powers, certificates and other documents in connection with secondary sale transactions. Serve as the primary point of contact with secondary brokers through closing process.
• Support all aspects of loan administration and bond settlements as a member of a dedicated team supporting private credit and bank loan strategies, including investment grade private placements, private asset-backed securitizations, high yield private securities, growth lending and specialty finance.
• Take the lead on deal closing activities and the coordination of transaction activity across operations, portfolio specialists, fund administrators, agents, and loan administration service providers.
• Participate in developing, refining, and documenting processes, procedures, guidelines, and controls that will govern all portfolio activity across private credit and bank loan strategies.
• Be a team player with strong interpersonal skills who acts as a mentor and resource for colleagues and participates in cross training, temporary assignments and special projects as needed.
• Work with multiple teams across the firm, including operations, investment product and fund services, legal & compliance, portfolio management, trading, tax, and information technology.
• Meet deadlines, at times with short notice.
• Maintain knowledge of trends in the industry, have familiarity with relevant statutes, regulations and other legal requirements and guidelines, and use that knowledge to research, suggest and implement improvements in procedures and identify legal issues.

Qualifications & Education Requirements

• Minimum of 4-6 years of paralegal experience required, in a law firm or in a corporate transactional group. Preferred experience supporting the end-to-end lifecycle of private credit or bank loan investments, including experience reviewing private loan documents (credit agreements, note purchase agreements, amendments, etc.) for key terms, data points and operational nuances; settlements for private investments--including US and international money movement and physical certificate registration.
• Bachelor’s degree or equivalent professional experience
• Formal paralegal educational training a plus, but not required
• Experience independently drafting and analyzing various types of complex commercial loan and investment related documents is required. Experience with private placement bond transactions, bank loan transactions and/or workouts is preferred.
• A good understanding of private credit and real estate fund concepts across a range of strategies, including investment grade private placements, asset backed securitizations, infrastructure investments, bank loans and specialty lending is strongly preferred.
• Strong organizational, critical thinking, analytical and problem-solving skills along with the ability to anticipate needs and recommend next steps. Ability to form creative solutions to innovate, lead change and mitigate risk.
• Team player with strong interpersonal skills who acts as a mentor and resource for colleagues and participates in cross training, temporary assignments and special projects as needed.
• Strong sense of curiosity and desire to learn complex corporate finance and investment concepts.
• Exceptional communication skills to explain transaction structures and legal risks to other associates, project a professional image, and negotiate complex lending and investment transactions with various external business partners.
• Must possess a high level of initiative, be self-directed, highly motivated and able to work under pressure handling numerous and complex transactions with short deadlines concurrently.
• Excellent organization, attention to detail and time management skills with ability to prioritize work and function with minimal guidance.
• Knowledge of state and federal securities laws (Investment Advisers Act, Securities Act, Securities Exchange Act), general corporate laws, and demonstrated ability to apply to business situations in a practical and collaborative fashion.
• Must be adept with technology. Experience in Microsoft Office as well as the ability to learn new document management systems.

Loomis Sayles Benefit Overview 2025

EEOC and Diversity Statement

Loomis Sayles is deeply committed to building a diverse and inclusive workforce in which talented individuals can realize their full potential and contribute to our growth and success. Please consider applying for this role even if your work history and skillset doesn’t completely match the job description. We believe creativity, tenacity and humility are as valuable as specific skills that can be practiced and perfected on the job.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, creed, color, gender, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.