Paralegal Development Associate

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

Members of CoBank's Paralegal Development Program provide legal support in a variety of areas to assist attorneys and supervisors with the bank's corporate and transactional legal work. The Paralegal Development Associate progresses through a two-year rotation of the various functional groups in CoBank's legal department in order to gain a broad understanding of the Bank, its customers and the paralegal role while providing on-the-job experience. CoBank's Paralegal Development Program is ideal for strong candidates who are new to the paralegal profession or lack directly relevant paralegal experience in the secured lending and corporate areas.

Documentation / Collateral Paralegal Rotation

• Drafts loan and ancillary documents, prepares banking forms, and ensures compliance with guidelines
• Collaborates with internal and external teams to manage transaction details, provide updates, and respond to requests
• Maintains accurate deal tracking, manages checklists, and ensures timely completion of required documentation
• Orders organizational documents, reviews Signatory Authority Reviews (SigArs), and ensures proper execution of legal documents
• Manages Vital Records for assigned transactions and ensures all legal conditions and checklists are met

Collateral Administration / Flood Paralegal Rotation

• Drafts and reviews legal and collateral documents; perfects collateral and maintains updates or releases, as needed
• Orders UCC lien searches and reviews title commitments, abstracts, policies, and other due diligence documents; manages title issues
• Works with outside counsel to receive closing binders and necessary collateral.  Tracks collateral for accuracy and completion
• Ensures real property collateral compliance with Flood Laws and orders flood zone determinations
• Communicates flood insurance requirements and ensures flood due diligence before loan closing
• Tracks collateral and insurance in internal systems and performs additional tasks to ensure compliance with flood laws

Corporate Paralegal

• Supports the Office of General Counsel (OGC) and Board Relations teams with various paralegal tasks, including meeting coordination and director disclosure processes
• Drafts and reviews legal contracts, conducts legal research, and provides project and transaction support
• Maintains and updates OGC internal systems (Malbek, Diligent, etc.) accurately and in a timely manner

Note: These rotations are subject to change based on needs of the team

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

• Prior experience in secured lending, banking or financial services industry, title company, or law firm/legal department preferred

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.

Occasional Travel occurs infrequently (typically, once a month or less).

The typical base pay range for this role is between $50,000 - $57,200. 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 recruiting@cobank.com. 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.