At CoBank, our Closing Specialists perform specialized transaction analysis and coordinate documentation and closing actions for complex single bank, multi-bank syndications, participations, and sales. You will work closely with all business lines to support dependable delivery of loans, leases, and other financial services. You will independently interpret loan documentation and loan closing tasks as well as work directly with internal and external stakeholders for collection of post-closing documentation requirements. You’ll also ensure high satisfaction levels with our bank/customer relationships.
Why this job: This position is very complex and no day is the same. You would be working with a very close knit team where everyone takes ownership of what they do, and are always willing to help. If you are motivated, a proactive thinker, and like working with a team, then this job is for you!
High school diploma and 3-5 years relevant experience preferably in banking or financial services industry; or appropriate combination of education and experience.
Intermediate knowledge in loan and security documentation, commercial loan products and commercial loan syndication market.
Intermediate knowledge of credit practices.
Excellent organizational and time management skills.
Strong interpersonal, negotiation, customer service skills.
Excellent oral and written communications skills.
Intermediate personal computer and software application such as word processing, spreadsheets and database skills.
Basic knowledge of commercial loan accounting practices and basic knowledge of commercial loan account systems preferred.
Ability to interpret and translate terms and structure of highly complex transactions.
Must be detail-oriented.
Bachelor’s degree in business administration, finance, accounting or relevant discipline preferred.
CoBank is a $ 90 Billion dollar bank with over 850 Associates and is also one of the best kept secrets in the financial industry. We are a successful and unique bank that plays an important role in the nation’s rural economy. We’re not a retail bank – we don’t take deposits, have branches or offer mortgages, car loans and consumer credit cards. Instead, CoBank provides loans to vital industries throughout rural America – namely agribusiness and rural utilities. We also help some of our agribusiness customers sell their products internationally. It’s an important niche supporting U.S. industries that play a critical role in the national and global economy.
Not only does CoBank – headquartered in Denver and with 13 offices nationwide – serve a unique customer base, we do it using a unique business model. CoBank is a cooperative, which means we’re owned by our customers, and they are involved in the bank’s governance and share in our profits. It’s a system that works. CoBank, the largest financial institution headquartered in Colorado, is strong and stable. During the recent economic downturn and banking crisis, CoBank realized record profits and did not receive any government financing. Our commitment to cooperative principles – coupled with banking best practices – has kept our balance sheet healthy so we can stand by our customers in any economic conditions.
In addition to an unwavering customer focus, our employees are part of the secret of success at CoBank. CoBank has a vibrant, team-oriented and engaged corporate culture, and employees are respected for their experience and expertise. We provide competitive benefits, a generous 401(k) plan and promote a healthy work-life balance. Individual employees also get to direct a donation on behalf of the bank to a charity of their choice. Additionally, CoBank also has a robust environmental strategy and award-winning corporate giving program.
Cooperative. Connected. Committed.
CoBank will not sponsor a work visa (e.g. H1B, etc.,) to fill this position.
As a condition of employment with CoBank, any successful job applicant will be required to pass a pre-employment background investigation.
CoBank is an Equal Opportunity Employer
CoBank - 20 months ago
CoBank is a national cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and...