Old National Bank-posted over 1 year ago
Full-time • Mid Level
Indianapolis, IN
11-50 employees
Credit Intermediation and Related Activities

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Old National Bank is seeking an Allowance for Credit Losses Consultant to join our Accounting department, which operates under the Corporate Controller organization. This role is crucial in providing accounting compliance and oversight for all transactions, ensuring appropriate accounting treatment, adherence to internal controls, and accurate financial statement reporting and presentation. The successful candidate will be involved in various accounting duties related to the allowance for credit losses (ACL), acquired loan accounting, and technical accounting matters. This includes current expected credit losses (CECL) modeling, data validation, and supporting the monthly and quarterly closing processes. The position offers a unique opportunity to engage with cross-functional groups, including Credit, Operations, Finance, external auditors, and various Lines of Business supported by the Controllership group. In this role, you will support the monthly and quarterly closing process, maintain the monthly close checklist for expected credit losses, and assist with the documentation, modeling, and validation of CECL. You will prepare technical accounting memorandums that support the analysis of accounting and financial reporting standards in accordance with generally accepted accounting principles (GAAP). Additionally, you will prepare financial reports and analyses related to CECL and acquired loan accounting, fulfill periodic reporting requests, and assist in preparing credit metric budgets and forecasts. This position also involves guiding accounting staff by reviewing operational reports and collaborating on technical accounting memorandums. The ideal candidate will possess strong time management and analytical skills, be detail-oriented, and have a basic understanding of US GAAP. You will be expected to actively seek information to understand changes in the accounting landscape, make sound decisions, and solve problems collaboratively. A commitment to client satisfaction and a strong alignment with Old National Bank's culture and values are essential for success in this role.

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