Paralegal

CoBankGreenwood Village, CO
6dHybrid

About The Position

Performs varied legal, title, abstract, and other necessary research to assist attorneys and supervisors with the performance of corporate and transactional legal work. Assists in the preparation of legal, loan, and collateral documentation, analyses and opinions.

Requirements

  • High school diploma or GED required
  • 3 years of paralegal experience, preferably in a secured lending practice or law firm or a combination of paralegal experience and paralegal certification. required

Nice To Haves

  • Paralegal certification is preferred
  • 3 years working in a commercial lending environment preparing or reviewing loan documentation or perfecting and maintaining commercial collateral is preferred.

Responsibilities

  • With limited oversight, assists in drafting and review of basic legal, loan collateral and ancillary documents, correspondence and opinions. Acts as the primary contact for the deal team and responds to customers’ requests, provides status updates and clarifies details of the transaction.
  • 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 transaction teams; manages resolution of title and other due diligence issues.
  • 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 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.
  • Assists in performance of general corporate support functions as required.
  • 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.
  • Monitors incoming transactions, analyzes credit report recommendations and generates transaction checklists to include appropriate tasks for all deal team members. Prepares and updates the transaction checklist and all internal systems timely and accurately throughout the process. Ensures that all conditions have been met.
  • Maintains adherence to bank policies, procedures and controls to ensure consistency and quality.

Benefits

  • 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 per year
  • Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
  • Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
  • Associate Resource Groups: creating a culture of respect and inclusion
  • Recognize a fellow associate through our GEM awards
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