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Old Second National Bank · 16 hours ago

Loan Operations Reconciliation Analyst/ Senior Loan Ops Reconciliation Analyst

Oakbrook Terrace, IL

Full-time

Hybrid

Mid, Senior Level

$24.85/hr - $32/hr

3+ years exp

Old Second National Bank has been serving the Chicago area for over 150 years, focusing on community and growth. The Senior Loan Operations Reconciliation Analyst will analyze and correct reconciling differences, support loan systems projects, and provide operational support across various loan types.

BankingFinanceFinancial Services

Responsibilities

Analyze, research, and correct reconciling differences between the loan systems, the General Ledger and various sources requiring knowledge and experience regarding any system interfaces involved

Participate in the support of general ledger and loan systems projects, including conversions, testing, enhancement implementations, etc

Identify and address outages and reconciliation issues impacting internal business partners including Residential, Retail and Commercial loan processing staff within required SLAs

Generate and distribute various daily, weekly or monthly recon reports

Provide direction to Loan Operations staff on transaction processing or adjustments to correct errors, outages, etc

Develop and maintain written operational procedures for all tasks performed and cross train to provide effective support to all team members

Perform monthly review of OSNB Assignee accounts. Monitor and maintain integrity of account set ups to ensure proper reporting and controls are in place

Identify needs for process improvements where recurring issues persist. Research and be direct line of communication with other areas to resolve

Provide Training on enhanced processes within the department

Qualification

Loan OperationsReconciliationsAccountingData AnalysisExcelCommunication SkillsProblem SolvingMS WordMS AccessTeamwork

Required

Two or more years of college and three or more years of relevant work experience to include financial services operations, finance, and/or accounting; or equivalent combination of education and experience

Competencies: Knowledge of Institutional Client Loan Operations

Competencies: Knowledge of reconciliations, accounting and controls

Competencies: Working experience with data and excel and intermediate to advanced level

Competencies: Exceptional verbal and written communication skills

Competencies: In depth problem solving, analytical and judgment skills

Competencies: Proficient in MS Word, Excel and Access

Competencies: Ability to work well independently and as part of a team

Competencies: Experience identifying problems and use independent judgement to solve, recommend solution and/or notify and escalate as appropriate