Lease Operations Specialist

Job Description

Job 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 Lease Operations Specialist. This is a hybrid position with an in-office rotation every 4th week at our EFD Albany, MN location.

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 Parental Leave and Medical Leave: With a cap of 20 weeks for eligible team members who qualify for both Medical and Parental Leave related to the birth of a child
• $5,000 Family Care Reimbursement: Childcare, Elder Care, Student Loan Debt, Pet expenses, Down Payment Assistance, Health Insurance Premiums
• 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 salary between $56,000 – 62,000 Final employment offers will be dependent upon the selected candidate’s relevant qualifications and experience.

JOB SUMMARY

This position will facilitate the day-to-day operation functions including but not limited to; payment processing, input, balancing and changes to contracts, account reconciliation, service requests, and monitoring of various reports. 

RESPONSIBILITIES

• Responsible for daily payment postings, ACH incoming & outgoing transactions, and contract adjustments, including returned items.
• Process IDT (insurance) files as received weekly from outside vendor.
• Process full-active write-down payments and terminations.
• Balance & prepare entries for daily booking of new contracts.
• Process daily contract terminations and general ledger entries.
• Monitor & process all Aspire ACH, credit memo, payment reversal & misc billable service requests.
• Prepare property tax for reporting by outside vendor, and upload billings as received.
• Responsible for reconciliation of bank statement accounts.
• Assist with month end and year end closings.

• Verify & post daily each incoming transaction, whether via ACH, check, wire, credit card payment. Communication with all departments for funds to be processed efficiently & accurately.
• Use multiple software systems to streamline all procedures & maintain precise account records.
• Maintain solid understanding of all legal and regulatory compliance issues as they pertain to this position.

• Loss prevention and security as applicable for this position.

• Assume additional responsibilities as requested.

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

• Associate degree (A.A.) or equivalent from a two-year college or technical program; or two years’ work-related experience and/or training.
• Excellent communication and interpersonal skills.
• Strong digital literacy, particularly with Microsoft Excel, Word and ten key skills.
• Attention to detail and basic math proficiency.
• Skilled at multi-tasking.
• Flexible & efficient.
• Strong organizational skills.
• Great teammate and self-starter.

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 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.