Senior Paralegal

Overview

A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you choose a career with CoBank, you make a difference by doing work that matters. In order to be the best, we hire the best!

Remarkable Benefits offered by CoBank

• Competitive Compensation & Incentive
• Hybrid work model - flexible work arrangements for most positions
• Benefits Packages, including: Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• CoBank University robust curriculum –associate training and development, including higher education tuition reimbursement
• Outstanding 401k – up to 6% matching and an additional 3% non-elective contribution
• Time-Off Packages – Vacation 15+ days, 10 Paid Sick Days, and 11 Paid Holidays
• Community Impact – United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups – creating a culture of diversity and inclusion
• Recognize a fellow associate with “GEM” awards, including a monetary value
• On-site Fitness Center and Cafe
• ECO transportation pass provided to every Denver associate

Job Description

At CoBank, the Senior Paralegal 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 Duties and Responsibilities:

• Drafts and reviews complex legal, loan and collateral documentation, correspondence and opinions.
• Perfects collateral according to state statutes and maintains perfection of collateral to include extensions, amendments, and continuations as needed.
• Orders UCC lien searches for verification and determination of lien position.
• 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.
• Obtains and reviews organizational documents. Completes signatory authority reviews, prepares borrower and guarantor resolutions. Performs follow up, tracking and maintenance of updated organizational documents.
• Assists in drafting, updating and maintenance of standard loan documentation language and templates and mortgage templates.
• Assists in performing complex legal audits and reviews existing loan files to ensure compliance with quality controls.
• Maintains and organizes legal files and legal electronic database, legal training materials and manuals.
• Assists in document preparation for discovery requests and tracks legal proceedings.
• Assists in research of mortgage law to keep mortgage review binders current.
• Assists in drafting procedures and guidance.
• Performs legal research, including but not limited to cite checking. Summarizes research results and recommends appropriate courses of action.
• Responds to customer requests related to status updates and details of more complex transactions, consulting with an attorney as needed. Internal and external customers include but are not limited to relationship managers, credit analysts, attorneys, and outside counsel. Assists attorneys in performance of general corporate support functions as required.
• 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.
• Performs custodial duties and audits for the note files and other specific types of personal property files held in records.
• Inputs and maintains tracking of collateral and insurance.
• Ensures compliance with applicable laws and regulations relating to flood insurance.
• Assists attorneys in due diligence document requests for issuances of preferred stock and subordinated debt.
• Participates in special projects and performs other duties as assigned.

Basic Qualifications

• Five (5) or more years of paralegal experience, preferably in a secured lending practice or law firm; or appropriate combination of education and experience.

Preferred Qualifications

• Bachelor’s degree and paralegal certification preferred.
• Understanding of loan and collateral transactions and ability to audit a transaction or customer.
• 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.
• Demonstrated skills in Microsoft Office applications (Outlook, Word, SharePoint, and Excel).
• Ability to prioritize and schedule work and projects with minimal supervision. Flexible to work with multiple teams and balance ongoing projects and work.
• 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.
• Strong analytical and problem-solving skills.
• Strong organizational and time management skills.
• Strong detail and customer service orientation.
• Strong verbal and written communication and interpersonal skills.

Compensation Information

• Estimated Base Salary Range: $75,037-$91,920
• Short Term Incentive Bonus: 10%

About CoBank

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.

CoBank requires all newly hired associates to be fully vaccinated against COVID-19, and new hires will be asked to register their proof of vaccination. Any offer of employment will be conditioned upon an applicant supplying proof of vaccination against COVID-19; provided, however that CoBank may provide a reasonable accommodation for an applicant’s known disability or sincerely held religious belief.

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