Associate General Counsel, Commercial Transactions
Who we are:
Farm Credit Bank of Texas is a $42.2 billion wholesale bank that has been financing agriculture and rural America for over 100 years. Headquartered in Austin, Texas, we provide funding and services to rural lending associations in five states, and we are active in the nation's capital markets.
While you may not be familiar with our name, Farm Credit Bank of Texas plays a critical role in supporting the businesses that make it possible for America to maintain access to an affordable and safe food supply, an industry which is one of the most innovative and evolving of our time. And while you help us deliver on our mission, we deliver on our commitment to you as a valued employee by providing competitive compensation, generous health and wellness benefits packages and an attractive workplace located along the bluffs of the Colorado River just minutes west of downtown Austin.
We seek out top talent in their fields, whether it be technology, finance, accounting, credit, human resources, legal, or other administrative functions, and welcome you to join us in our mission to feed the world.
Position Description:
Are you a seasoned commercial lending attorney looking for an opportunity to work on sophisticated financing transactions while partnering directly with business leaders? We are seeking an experienced Associate General Counsel to provide practical, business-focused legal advice supporting the Bank's lending and credit operations.
In this role, you will help structure, negotiate, document, and manage a broad range of commercial lending transactions, including bilateral and syndicated loans, loan participations, agribusiness financing, capital markets transactions, and other credit-related matters. You will work closely with the VP, Associate General Counsel and business stakeholders across the organization to help drive successful outcomes while managing legal and regulatory risk.
As part of a collaborative and engaged legal team, you'll have opportunities to expand your experience beyond lending and credit work through involvement in complex regulatory, operational, and strategic initiatives across the organization.
Day-to-Day Duties and Responsibilities:
- Draft, review, and negotiate lending and transactional documents, including credit agreements, participation agreements, collateral documents, and intercreditor arrangements.
- Provide counsel on commercial lending and credit matters, including the structuring, negotiation, and documentation of bilateral, syndicated, participation, agribusiness, and capital markets transactions.
- Advise credit and lending teams on intercreditor arrangements, subordination agreements, and lien priority issues, and portfolio management matters, challenged credits, collateral enforcement, legal risk, and recovery strategies.
- Collaborate with internal business units to help identify and manage legal, regulatory, reputational, and credit-related risks while supporting transaction execution.
- Provide guidance on the Farm Credit Act, regulations, scope and eligibility requirements, credit risk considerations, and other laws affecting lending operations.
- Manage legal and regulatory support matters, including tax exemption issues, lien and easement research, mineral interest requests, legal holds, subpoena responses, counterparty due diligence, and KYC requests.
- Collaborate with other members of the legal team on matters across the organization, including regulatory, operational, transactional, litigation, due diligence, and corporate initiatives.
What You Bring to the Team:
Our ideal candidate is a collaborative attorney who enjoys working directly with business leaders, solving complex legal challenges, and supporting sophisticated financing transactions within a highly regulated financial services environment.
This role requires a combination of commercial lending expertise, transactional experience, legal analysis, and business partnership skills, including:
- Juris Doctor (JD) from an accredited law school; active license to practice law, preferably Texas.
- Minimum 5+ years of experience in commercial lending.
- Ability to work onsite in the Bank’s Austin, Texas office.
- Strong working knowledge of lending laws and regulations, including consumer and commercial lending requirements, secured transactions, real estate finance, bankruptcy, and related areas.
- Demonstrated experience drafting and negotiating loan documentation for complex commercial lending transactions, including multi-lender facilities, syndicated loans, asset-based lending, acquisition financing, loan restructurings, revolving lines of credit, term loans and equipment loans.
- Experience with asset securitization and leveraged finance, mezzanine and subordinated financing; and workouts, debt restructurings, bankruptcies and debtor-in-possession financing is highly desirable.
- Familiarity with agricultural and agribusiness lending, the Farm Credit System or another highly regulated financial services environment is a plus.
Why Farm Credit Bank of Texas:
In addition to a competitive salary, we offer comprehensive, affordable, and competitive benefit options that are focused on health and wellness, financial security, and achieving a work-life balance:
- Flexible health-and-wellness benefits, including medical insurance, prescription drug coverage, dental insurance, vision care, flexible spending accounts, and more.
- 401(k) plan that includes immediate vesting of a generous employer match and additional employer contribution.
- Long-term disability and life insurance.
- Vacation leave, sick leave, and paid holidays.
- Fertility benefit and parental leave plan.
- Up to two days per year to volunteer in local community organizations, services, or events.
- Ongoing professional-development opportunities.
- Generous tuition-reimbursement program.
- Physical fitness incentive plan.
- Employer matching gifts program.
Important note: We care about your hiring process and take it seriously. A real person will review your application, meaning response timelines may vary. The interviewing process at Farm Credit Bank of Texas may include phone calls and emails, on-site interviews, and requests for portfolios or demonstrations of work. We can't personally follow up with each applicant, and we will do our best to create a professional, respectful, and thorough process for candidates with whom we identify as a potential fit.
A/EOE/M/F/D/V
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