Paralegal at Stearns Bank NA.

St. Cloud, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

09 Jan, 26

Salary

75000.0

Posted On

11 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Paralegal Degree, Legal Research, Analytic Skills, Attention to Detail, Communication Skills, Corporate Law, Bankruptcy, Litigation, Collections, Secured Transactions, Critical Thinking, Organizational Skills, Contract Review, Risk Assessment, Regulatory Compliance, Project Management

Industry

Financial Services

Description

At Stearns Bank, we’re helping people, entrepreneurs, small businesses, and local communities nationwide reach their full financial potential. Sound like something you want to be a part of? If so, we’re currently looking for a Paralegal. This is a fully remote position. Come see how we’re doing business unusual and charting our own path to reimagine a more inclusive financial services and banking ecosystem for all. Benefits Stearns Bank understands and respects that everyone is managing unique career, family, and wellness needs. That’s why we offer industry-leading benefits to employees to help them live healthy lives and bring their full selves to work every day. Benefits may vary for part-time positions. Some of those benefits include: * Employee Stock Ownership Plan & 401k Plan * Healthcare (Medical, Dental, Vision, Telehealth, Life insurance) * 12-week Paid Medical Leave * Paid Parental Leave: 21-weeks Primary Care Parent, 14-weeks Secondary Care Parent * $5,000 Family Care Reimbursement: Childcare, Elder Care, Student Loan Debt, Pet expenses, down payment assistance * PTO from 13 to 23 days depending on tenure. Cashout and Carryover options. * 10 Days Sick Time * 11 Paid Holidays * 4 Days Volunteer Time * 2 Days Self Allowance Time * Tuition Assistance For this position, we anticipate an annual range between $65,000 - $75,000. Final employment offers will be dependent upon the selected candidate’s relevant qualifications and experience. JOB SUMMARY Reporting to the Managing Paralegal, the Paralegal is tasked with addressing a diverse set of legal matters within the Legal team. The Paralegal will work closely with Bank attorneys and various other Bank personnel to provide legal assistance in one or more of the following areas: collections, garnishments, bankruptcy, litigation, and general transactional support. RESPONSIBILITIES * Provide support to the legal team in handling a comprehensive scope of legal matters. * At the direction of Bank attorneys and the Managing Paralegal, provide assistance on legal matters. * Research legal issues and statutes/regulations and brief Bank attorneys and management on research and recommendations. * Provide recommendations and legal support relating to potential litigation, bankruptcy matters, loan documentation, secured transactions, and lender rights, remedies, and recourse. * Assist in engaging and handling local counsel and handling litigation; maintain litigation report and keep updated from input/discussions with lender and local counsel. * Assist in legal review of loan documents and contracts/agreements. Evaluate the exposure and risks of identified deficiencies and comply with loan policy, regulatory requirements, and agency (SBA, USDA, etc.) guidance for lo an origination and servicing. * Assist in contract reviews for Bank’s third-party vendors, as needed. * Assist in the development of streamlined and improved procedures and processes and recommend safeguards and improved efficiencies to minimize risk exposure. * Assist in maintaining corporate formalities as it pertains to the Bank’s various corporate entities. * Maintain solid understanding of all legal and regulatory compliance issues as they pertain to this position. * Complete all required training. * Assist on special projects, as needed. REQUIREMENTS * Occasionally lift and/or move up to 10 lbs. * Literacy in English. * Ability to sit for extended periods of time, twist, bend, sit, walk use hands to twist, handle or feel objects, tools, or controls, such as computer mouse, computer keyboard, calculator, stapler, telephone, staple puller, etc., reach with hands and arms, balance, stoop, kneel, talk, or hear. * Specific vision abilities required by the job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus. QUALIFICATIONS * Paralegal Degree or Certificate preferred. * 2-3 years of paralegal work experience. * Background in corporate law, secured transactions, commercial transactions, litigation, collections, creditors’ rights, and/or bankruptcy. * Experience serving banks or financial institutions, either in-house or through a law firm, preferred. * Meticulous attention to detail. * Strong critical thinking and analytic skills. * Ability to synthesize information and communicate efficiently and effectively with attorneys, management, and other financial professionals. * Outstanding legal research and writing skills. * Very resourceful, organized, and ability to prioritize and handle a large workload of diverse matters independently. THE COMPANY Founded in 1912, Stearns Financial Services Inc. (SFSI) is a $3.2 billion, independently owned financial institution with locations in Minnesota, Florida and Arizona, and over 35,000 small business customers nationwide. Specializing in affordable housing financing, USDA and SBA lending, and small business and equipment financing, Stearns Bank is regularly recognized as one of the country’s top-performing banks and “Best Banks to Work For” by American Banker. As a Star Tribune Top Workplaces award recipient and an award recipient of the Minnesota Business Magazine 100 Best Places to Work in Minnesota, Stearns takes pride in their team and holds their employees in extremely high regard. We offer a competitive salary and benefit package including our Employee Stock Ownership Program-one of the best long-term incentive programs in the nation. To learn more about Stearns Bank, visit www. StearnsBank.com EQUAL OPPORTUNITY EMPLOYER /AFFIRMATIVE ACTION PLAN We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, or creed, religion, sex, marital status, familial status, sexual orientation, national origin, age, disability, veteran’s status, status with regard to public assistance, or any other class protected by Federal, State, local laws governing nondiscrimination in employment.

Responsibilities

The Paralegal will support the legal team in handling a wide range of legal matters, including collections, bankruptcy, and litigation. They will also assist in legal research, document review, and maintaining compliance with regulatory requirements.