Senior Paralegal

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. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!

 

Remarkable Benefits Offered by CoBank

• Careers with a purpose. Stand for something!
• Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education up to 10K
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution
• 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 through our GEM awards

 

Job Description

The Paralegal assists attorneys with corporate and transactional legal work by conducting research, preparing legal documents, and supporting various legal functions. This includes drafting, reviewing, and maintaining complex legal, loan, and collateral documentation, conducting due diligence, and ensuring compliance with legal and organizational requirements.

Essential Functions

• Draft, review, and maintain legal, loan, and collateral documents; collaborate with attorneys and deal teams, and serve as the primary point of contact for customer inquiries and status updates.
• Conduct due diligence, including UCC lien searches, title reviews, and organizing organizational documents, while addressing any issues and ensuring compliance with legal requirements.
• Assist with legal audits, document preparation for discovery requests, and research to support mortgage law and other legal matters.
• Manage and track collateral and insurance, ensuring all conditions are met and transactions progress smoothly.
• Provide quality control for legal documents, track transaction progress, and facilitate deal team meetings to ensure timelines are met and risks are managed.
• Lead or participate in projects, serving as a resource and subject matter expert for internal teams on legal and transactional matters.

Education

• High school diploma or GED required
• Bachelor's degree or paralegal certification preferred

Work Experience

• 5 years paralegal experience, preferably in a secured lending practice or law firm required.
• 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.

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 $80,300 - $91,840. 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 othe