Stearns Bank N.A.

Paralegal

• At the direction of Bank attorneys and the Managing Paralegal, provide support to Legal team in managing all bankruptcy matters and a comprehensive range of transactional matters.
• Process new bankruptcy case filings, monitor case activity, and communicate relevant events to Bank personnel.
• Oversee post-confirmation bankruptcy plan performance.
• Prepare and file proofs of claims, relevant amendments, and reaffirmation agreements.
• Correspond with debtors’ counsel, bankruptcy trustees, other creditors, and bankruptcy court personnel.
• Assist in engaging and managing local outside counsel in bankruptcy matters.
• Provide recommendations and legal support relating to bankruptcy matters and a variety of general transactional matters which may include review and analysis of Bank loan documents, Bank account agreements, purchase and sale agreements, non-disclosure agreements, and third-party vendor contracts.
• Research legal issues and statutes / regulations and brief Bank attorneys and management on research and recommendations.
• Assist in the development of streamlined and improved procedures and processes and recommend safeguards and improved efficiencies to minimize risk exposure.
• Maintain working knowledge of applicable legal and regulatory compliance issues.
• Complete all required training.
• Assist with special projects as needed.
• Assist with some litigation tasks as needed.

Bankruptcy and Transactional Paralegal

Controller

• Plans and direct the accounting operations of the company.
• Oversees corporate operations of the Finance Department, which include accounts payable/ receivable, internal/external/regulatory financial reporting, and bank/general ledger account reconciliations.
• Maintains a documented system of accounting policies and procedures; implements a system of internal controls over accounting transactions and works with internal audit to ensure compliance with all accounting FDICIA controls.
• Oversees the production of periodic financial reports; ensures that the reported results comply with Generally Accepted Accounting Principles in the United States (US GAAP).
• Develop and prepare and non-US GAAP ad hoc management reports as requested.
• Assists Chief Financial Officer with financial analysis, with emphasis on mergers & acquisitions, capital planning, and contract negotiations.
• Prepares accounting and regulatory proformas for potential merger and acquisition targets.
• Prepares Day 1 purchase accounting entries for acquisitions.
• Responsible for oversight of the federal and state income tax estimates and tax returns preparation with the company’s CPA firm.
• Works with internal and external auditors to provide needed information for the annual consolidated financial statement audit, annual U.S. Department of Housing and Urban Development (HUD) audit, and annual employee benefit plans (ESOP/401k) audits.
• Prepare resolutions for the Board of Directors for dividend approvals, annual FRB daylight overdrafts, and other resolutions as needed.
• Oversee and manage the annual companywide insurance and fidelity bond renewal process.
• Oversee the financial reporting of all holding company and bank owned non-bank subsidiaries.
• Review and implement any new Accounting Standard Updates (ASU) from the FASB.
• Collect annual Regulation O information and track throughout the year.
• Ensures compliance with local, state, and federal government requirements.
• Performs other related duties as necessary or assigned.
• Loss prevention and security as applicable for this position.
• Maintain a working knowledge of all legal and regulatory compliance issues as they pertain to this position.
• Perform other duties as necessary for the efficient operations of the department and organization.
• Complete required training.

VP, Controller

• 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.