Loan Operations Reconciliation Analyst - Aurora Main/Oakbrook Terrace

Old Second National Bank•Oakbrook Terrace, IL

5d•$25 - $31•Hybrid

About The Position

The Loan Operations Reconciliation Analyst works as part of the Loan Operations Reconciliation team to provide accounting control and operational support for a variety of functions, across multiple loan types utilizing the core system used for boarding loans.

Requirements

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.
Knowledge of Institutional Client Loan Operations
Knowledge of reconciliations, accounting and controls
Working experience with data and excel and intermediate to advanced level
Exceptional verbal and written communication skills
In depth problem solving, analytical and judgment skills
Proficient in MS Word, Excel and Access
Ability to work well independently and as part of a team.
Experience identifying problems and use independent judgement to solve, recommend solution and/or notify and escalate as appropriate.

Nice To Haves

Bachelor’s degree in Finance, Accounting or Business.
Two or more years of experience in loan accounting and reconciliation functions.
Knowledge and use of Commercial loan systems and applications including BlackLine, Jack Henry and Stucky systems.

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