About Us
Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.
How This Role Impacts Live Oak and Its People
The Senior Counsel, Lending and Operations provides hands‑on legal advice and operational guidance focused on transaction execution within the Bank’s lending and operations functions. This role partners closely with lending, closing, and operations teams to support efficient, consistent, and compliant loan execution. The Senior Counsel serves as a trusted legal resource for complex, transaction level matters and contributes to reducing legal friction while supporting timely and high-quality outcomes for the Bank and its clients.
What You'll Do at Live Oak
Define issues, perform legal research, analyze transaction level legal questions, evaluate alternatives, and provide practical legal guidance that supports timely execution and risk management.
Serve as an operationally embedded legal partner by working closely with lending, closing, and operations teams on loan execution, documentation, exceptions, and modifications.
Assist loan closing and loan modification teams with questions related to closings, loan documentation, loan exceptions, compliance, and loan modifications.
Prepare, review, and negotiate legal documents to document and close lending transactions, including promissory notes, guarantees, mortgages or deeds of trust, assignments, security agreements, real estate closing statements, and modification agreements.
Review, analyze, prepare, and negotiate due diligence items as applicable, including title commitments and exceptions, surveys, searches, purchase agreements, noncompetition agreements, leases, organizational documents, and inter‑creditor agreements.
Interact regularly with cross functional partners, including Closing, Operations, and Finance, to address operational issues, process questions, and documentation requirements.
Escalate complex, high risk, or non‑standard legal issues to the Managing Counsel, Lending and Operations as appropriate to ensure sound outcomes for the Bank and its clients.
Our Values
Dedication: Possess a deep commitment to Live Oak Bank’s mission and core values, exemplified through a strong work ethic, adaptability and pride in your work.
Ownership: Take initiative to deliver positive results by proactively and creatively solving problems, while maintaining a high degree of quality.
Respect: Treat everyone with courtesy, politeness, and kindness.
Innovation: Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.
Teamwork: Foster collaboration, accountability, and trust with others and understand that together, we do more
For a detailed overview of our employee benefits please visit: http://www.liveoakbank.com/careers/
Live Oak Bank is an Affirmative Action and Equal Opportunity Employer, Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, veteran status or disability. Equal access to programs, service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at [email protected].
EEO is the Law
The base pay range for this position is $113,080.00 - $154,200.00 per year. Compensation may also include annual bonuses and long-term incentives, subject to various metrics and company policy. A candidate’s salary is determined by several factors including travel, relevant work experience or skills and expertise.
Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave, including but not limited to Arizona, California, Colorado, District of Columbia, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington.
