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Asset Management Paralegal Jobs (NOW HIRING)

Paralegal (Northbrook, IL)

Gary, IN · On-site

$71K - $90K/yr

Support the Asset Management Department by drafting correspondence and communicating with third ... Paralegal certificate from ABA-approved program preferred; * Bachelor's degree required

Paralegal (Northbrook, IL)

Gary, IN · On-site

$71K - $90K/yr

Support the Asset Management Department by drafting correspondence and communicating with third ... Paralegal certificate from ABA-approved program preferred; * Bachelor's degree required

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Asset Management Paralegal information

See salary details

$33.5K

$71.4K

$108.5K

How much do asset management paralegal jobs pay per year?

As of Jun 12, 2026, the average yearly pay for asset management paralegal in the United States is $71,376.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,500.00 and $89,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Asset Management Paralegal, and why are they important?

To thrive as an Asset Management Paralegal, you need a solid understanding of legal documentation, regulatory compliance, and asset management processes, often supported by a paralegal certificate or relevant degree. Familiarity with legal research databases, document management systems, and compliance tracking tools is typically required. Strong attention to detail, organizational skills, and effective communication are crucial for managing complex legal transactions and supporting attorneys. These capabilities ensure accuracy, mitigate risk, and facilitate smooth legal operations within asset management firms.

What are the typical responsibilities of an Asset Management Paralegal in supporting legal and investment teams?

Asset Management Paralegals play a crucial role in assisting attorneys and investment professionals by preparing, reviewing, and managing legal documents related to fund formation, compliance, and transactional matters. They often help coordinate due diligence, maintain regulatory filings, and ensure documentation is up-to-date and accurate. Collaboration with portfolio managers, compliance officers, and outside counsel is common, requiring excellent organizational and communication skills. This role offers valuable exposure to both legal and financial aspects of asset management, providing a strong foundation for career growth within the industry.

What is the difference between Asset Management Paralegal vs Investment Fund Paralegal?

AspectAsset Management ParalegalInvestment Fund Paralegal
CredentialsParalegal certification, relevant finance or legal backgroundParalegal certification, specialized knowledge of investment funds
Work EnvironmentLaw firms, financial institutions, asset management firmsFund management companies, legal teams within investment firms
Employer & IndustryAsset management firms, legal service providersInvestment funds, private equity, hedge funds
Search & Comparison IntentYesYes

The main difference between an Asset Management Paralegal and an Investment Fund Paralegal lies in their focus areas. Asset Management Paralegals support legal and administrative tasks related to managing assets, while Investment Fund Paralegals specialize in legal work for investment funds. Both roles require similar credentials and are found within financial and legal industries, but their specific responsibilities and employer types differ slightly.

What is an Asset Management Paralegal?

An Asset Management Paralegal is a legal professional who supports attorneys and asset managers by handling legal and administrative tasks related to the management of assets, such as real estate, investments, and trusts. Their responsibilities often include preparing and reviewing legal documents, conducting due diligence, assisting with regulatory compliance, and maintaining records. They play a key role in ensuring that asset transactions and management activities adhere to relevant laws and regulations. Asset Management Paralegals typically work in law firms, asset management companies, or corporate legal departments.
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What job categories do people searching Asset Management Paralegal jobs look for? The top searched job categories for Asset Management Paralegal jobs are:
Paralegal (Northbrook, IL)

Paralegal (Northbrook, IL)

Wintrust Financial

Palatine, IL • On-site

$71K - $90K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 3 days ago


Wintrust rating

8.0

Company rating: 8.0 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

53rd of 141 rated banks


Job description

As one of the largest premium finance companies in the country, FIRST Insurance Funding provides full premium finance services, plus additional services built specifically for agencies. We pride ourselves on the variety of incentive programs, services, and technology we offer. This not only helps grow the agents, brokers, and companies we partner with, but also helps them better serve their clients. FIRST Insurance Funding is a subsidiary of Wintrust, a financial services company with more than $66 billion in assets.

Why join us?

  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years)

  • Competitive pay and discretionary or incentive bonus eligible

  • Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few.

  • Family-friendly work hours

  • With 175+ community bank locations, we offer opportunities to grow and develop in your career.

  • Promote from within culture.


Why join this team?

  • We have a culture that encourages an entrepreneurial spirit.

  • We offer multiple opportunities for development and upward mobility.

What You'll Do:

The Paralegal will assist the in-house attorneys in the Legal Department in day-to-day business matters concerning, but not limited to, bankruptcy, loan documentation, internal/external client service, litigation, and internal/external inquires.  This is a mid-level role that requires prior paralegal experience.

  • With oversight from in-house counsel, handle loan-related bankruptcy issues including, but not limited to, bankruptcy docket reviews, communications with the Trustee and/or opposing counsel, Motions for Authority to Procure Financing, Motions for Relief, and Proofs of Claim.

  • Support the Asset Management Department by drafting correspondence and communicating with third parties about the company’s collateral.

  • Draft contracts, amendments, addenda, memoranda, correspondence for attorney review.

  • Respond to inquiries from and communicate with government agencies from various states.

  • Conduct research using resources such as legal documents, online databases, and other legal references.

  • Support in-house attorneys and outside counsel with litigation management.

  • Assist in processing legal actions served upon FIRST including subpoenas, court orders, bankruptcy-related notifications, and motions. 

  • Review documents to determine deadlines and to ensure conformity with departmental procedures and requirements.

Qualifications:

  • 3 plus years paralegal experience: bankruptcy experience strongly preferred; corporate or finance environment a plus

  • Paralegal certificate from ABA-approved program preferred;

  • Bachelor’s degree required

  • Organizational and analytical skills, with a high level of accuracy and attention to detail

  • Excellent verbal and written communication skills

  • Demonstrates emotional intelligence as self-awareness, social awareness, and relationship management

  • Exhibits positive attitude

  • Capable of interacting with employees at all levels

  • Self-starter who shows initiative and multitasks effectively

  • Ability to work both independently and in a team environment

  • Advanced skills in Word, Excel and Outlook

Benefits:

Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance

Compensation:

The estimated salary range for this role is $71,000 - $90,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills and experience.

#LI-ONSITE

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life.  To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success.  Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.


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