Legal Specialist Ii

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!
• 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
• CoBank University robust curriculum –associate training and development, including higher education tuition reimbursement
• Outstanding 401k – up to 6% matching and 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

At CoBank, the Legal Specialist performs loan transaction analysis and prepares a variety of legal documents, including loan documents and secondary documents for standard and complex commercial loan transactions. This role proactively manages assigned portfolio to meet constantly changing priorities and deadlines.  The Legal Specialist interacts with and supports internal and external customers to ensure high satisfaction level with bank/customer relationship. 

Essential Duties and Responsibilities:

• Works closely with internal and external customers (including but not limited to relationship managers, credit analysts and attorneys) to respond to customers’ requests, provide status updates and clarify details of the transaction.
• Updates all internal systems, consistently, timely and accurately.
• Generates and manages transaction checklists as the deal progresses and ensures there is appropriate legal oversight of the transaction.
• Prepares and analyzes legal documents, including loan documents, Resolutions and Incumbency Certificates.
• Processes name changes and mergers.
• Prepares online banking forms.
• Facilitates deal team meetings, as assigned.
• Maintains adherence to bank policies and procedures to ensure consistency and quality.
• Takes ownership of pipeline/deals/transactions in assigned portfolio.
• Identifies potential issues, solves problems and escalates appropriately.

Basic Qualifications

• Bachelor’s degree in general business, economics, finance or relevant discipline; or equivalent combination of education and experience.
• 3 or more years of experience as a paralegal, legal assistant or loan processor preferably in secured lending, banking or financial services industry or law firm; or appropriate combination of education and experience.

Preferred Qualifications

• • Ability to proactively manage assigned portfolio to meet constantly changing priorities and deadlines.
  • Basic knowledge of commercial loan documentation, credit related practices, accounting systems and loan structures.
  • Strong verbal and written communication and interpersonal skills.
  • Ability to solve problems and identify when to escalate issues.
  • Ability to interact with and engage others appropriately at all levels in the organization.
  • Demonstrated skills in Microsoft Office applications (Outlook, Word and Excel).
  • Provide excellent customer service, and possess strong organizational and time management skills.
  • Ability to produce work that is timely, accurate and thorough. Must be detail-oriented.
  • Must demonstrate initiative, strong analytical and decision making skills.
  • Ability to work independently with minimal guidance, as well as collaboratively in a team environment.
  • Availability to periodically work outside of normal business hours.

   

Compensation Information

• Estimated Base Salary Range:  $55,000 - $70,000
• Target short-term incentive opportunity: 6%

CoBank stands strong as an enterprise dedicated to the financial needs of rural America. As a national cooperative bank and a proud member of the Farm Credit System it is our mission to serve as a relevant and dependable provider of credit and other value-added financial services. From our headquarters in Denver, Colorado and our regional banking centers across the US, CoBank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states.

CoBank will not consider a work visa H1B, EAD (Employment Authorization Document or Permit) or OPT (Optional Practical Training) for this position. 
CoBank is an Equal Opportunity Employer.

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.