Stearns Bank N.A.

Paralegal

• 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 loan 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.
• Complete all required training.
• Assist on special projects, as needed.