
Bankruptcy and Transactional Paralegal
Stearns Bank N.A.
full-time
Posted on:
Location Type: Office
Location: St. Cloud • Minnesota • 🇺🇸 United States
Visit company websiteSalary
💰 $60,000 - $80,000 per year
Job Level
Mid-LevelSenior
About the role
- 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.
Requirements
- Minimum of 5 years of paralegal work experience (including 3 years of bankruptcy experience) required.
- Paralegal Degree or Certificate preferred.
- Background in secured transactions and lender’s rights, collections, commercial transactions, corporate law, and / or third-party vendor management preferred.
- 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.
- Top-notch legal research and writing skills.
- Extremely resourceful, organized, and ability to prioritize and manage 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
bankruptcy case filingsproofs of claimslegal researchlegal writingtransactional matterssecured transactionslender’s rightscollectionscommercial transactionscorporate law
Soft skills
attention to detailcritical thinkinganalytical skillscommunication skillsorganizational skillsresourcefulnessability to prioritizeindependenceefficiencyproblem-solving
Certifications
Paralegal DegreeParalegal Certificate