Field Examiner, Sr

Old National Bank•Palos Heights, IL

23h•Onsite

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Requirements

Bachelor’s degree in accounting or finance.
Seven years of Commercial Field Examination and Asset Based Loan experience.
Excellent written, verbal and interpersonal skills.
Ability to exercise prudent judgement to make independent decisions affecting customers and the Bank.
Strong organization and multi-tasking skills in a high stress, fast-paced environment.
Strong ability to interpret complex financial statements, ledgers, and collateral records.
Aptitude for spotting discrepancies, assessing risk and identifying potential fraud or non-compliance.
Proficient in Microsoft Excel and Word as well as other industry specific auditing or database platforms.

Responsibilities

Lead and independently complete Initial and Recurring field examinations for Commercial, Business Banking and Asset Based loans.
Conduct in-depth analysis of onsite collateral examinations to include a review of accounts receivable, inventory, accounts payable, cash, financial statements, liabilities, taxes and systems capabilities for the purpose of evaluating overall credit worthiness.
Conduct field examinations either independently or as the lead examiner of current and prospective asset based and commercial bank clients in accordance with standard auditing procedures to determine their financial condition and collateral values.
Construct field examination reports and supporting findings to highlight material variances that were identified, draw conclusions and provide recommendations for improvement.
Evaluate customers’ borrowing based certificates to ensure compliance with Bank requirements.
Investigate and examine customers’ accounting procedures and systems to ensure that they conform to acceptable bank standards and to identify potential collateral risk and exposure.
Assess customer’s financial condition by reviewing internal reports, bank statements and related financial documents.
Assist with the review of field examinations completed by outsourced vendors or contractors to ensure that the Bank's audit standards are uniformly met.
Assist in training with new field examiners.