Stearns Bank N.A.

Paralegal

Stearns Bank N.A.

full-time

Posted on:

Location Type: Remote

Location: Remote • 🇺🇸 United States

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Salary

💰 $65,000 - $75,000 per year

Job Level

JuniorMid-Level

About the role

  • 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.

Requirements

  • 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.
  • Outstanding legal research and writing skills.
  • Very resourceful, organized, and ability to prioritize and handle a large workload of diverse matters independently.
Benefits
  • 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

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
legal researchcontract reviewlitigation supportbankruptcysecured transactionscommercial transactionscreditors' rightscollectionsloan documentationregulatory compliance
Soft skills
attention to detailcritical thinkinganalytical skillsorganizational skillsresourcefulnessindependenceprioritizationcommunication skillsproblem-solvingtime management
Certifications
Paralegal DegreeParalegal Certificate
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