Benefits Overview:
A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. In order to be the best, we hire the best!
Remarkable Benefits Offered by CoBank
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Careers with a purpose
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Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
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Competitive Compensation & Incentive
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Hybrid work model: flexible arrangements for most positions
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Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
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Robust associate training and development with CoBank University
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Tuition reimbursement for higher education
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Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
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Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
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Associate Resource Groups: creating a culture of respect and inclusion
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Recognize a fellow associate through our GEM awards
Job Description:
Performs varied legal, title, abstract, and other necessary research to assist attorneys and supervisors with the performance of corporate and/or transactional legal work. Assists in the preparation and review of complex legal, loan, and collateral documentation, analyses and opinions. May provide support for various corporate legal functions, as needed.
Essential Functions:
- Collaborates with the Responsible Attorney to draft, prepare and review high quality complex legal, loan, collateral and ancillary documents, correspondence and opinions. Assists in drafting, updating and maintenance of standard loan documentation templates and mortgage templates. Prepares online banking forms for new internally and externally documented customer. Acts as primary contact to deal team and responds to customers' requests, provides status updates and clarifies details of the transaction.
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Perfects collateral according to state statutes and maintains perfection of collateral to include extensions, amendments, and continuations as needed.
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Orders UCC lien searches for verification and determination of lien position.
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Reviews, analyzes and organizes title commitments, abstracts, policies submitted to CoBank, exception documents and other due diligence items, including but not limited to surveys. Recommends title objections and title endorsements, and communicates objections and recommendations to the title company, collateral associates and transactions teams; manages resolution of title and other due diligence issues.
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Obtains and reviews organizational documents. Completes signatory authority reviews, prepares borrower and guarantor resolutions. Performs follow up, tracking and maintenance of updated organizational documents.
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Assists in performing complex legal audits and reviews existing loan files to ensure compliance with quality controls.
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Assists in document preparation for discovery requests and tracks legal proceedings.
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Assists in research of mortgage law to keep mortgage review binders current.
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Drafts procedures, job aids and guidance.
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Performs legal research, including but not limited to cite checking. Summarizes research results and recommends appropriate courses of action.
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Assists in performance of general corporate support functions as required and is able to complete increasingly complex assignments and to work independently on such assignments.
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Inputs and maintains tracking of collateral and insurance.
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Performs quality review of legal documents prepared by other paralegals for basic transactions, as needed. Identifies errors, provides feedback and guidance, as appropriate.
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Analyzes credit report recommendations and generates transaction checklists to include appropriate tasks for all deal team members. Updates and manages the transaction checklist and all internal systems timely and accurately throughout the process. Ensures that all conditions have been met.
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Takes ownership of pipeline/deals/transactions and assigned banking centers, as appropriate.
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Maintains adherence to bank policies, procedures and controls to ensure consistency and quality.
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Facilitates and leads deal team meetings for transactions in assigned portfolio.
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Anticipates and takes proactive action to address potential issues, manage risks and escalates appropriately and timely/early in the process.
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Participate in or leads project work.
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Serves as a resource and subject matter expert for peers and internal customers on all transaction types.
Education:
- High school diploma or GED required
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Bachelor's Degree preferred
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Paralegal certification preferred
Work Experience:
- 5 years paralegal experience, preferably in a secured lending practice or law firm required
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Understanding of loan and collateral transactions and ability to audit a transaction or customer.
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Intermediate knowledge of legal, commercial lending, and lease terminology, title insurance, real estate law, the Uniform Commercial Code and collateral documentation, with intermediate knowledge of some of these areas preferred.
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Demonstrated skills in Microsoft Office applications (Outlook, Word, SharePoint, and Excel).
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Ability to prioritize and schedule work and projects with minimal supervision. Flexible to work with multiple teams and balance ongoing projects and work.
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Ability to work independently with minimal guidance, as well as collaboratively in a team environment. Acts as resource to others on the team, answers questions and provides training as needed.
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Strong analytical and problem-solving skills.
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Strong organizational and time management skills.
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Strong detail and customer service orientation.
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Strong verbal and written communication and interpersonal skills.
Physical Exertion Details:
Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
Travel Requirement Details:
Occasional Travel occurs infrequently (typically, once a month or less).
About CoBank:
The typical base pay range for this role is between $81,500 - $93,200. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.
The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.
CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.
REASONABLE ACCOMMODATION
We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing
[email protected]. Include your contact information and specific details about your requested accommodation.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.
CoBank is an Equal Opportunity Employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.
