Job Posting for Loan Operations Reconciliations Analyst at Pinnacle Technical Resources
Job Title: Loan Operations Reconciliations Analyst # 133865 Location: New Castle, Delaware OR Irving, Texas Employment Type: 8 to 12 Months Contract Employment Term: W2 Only
Notes:
8 role
In office 2X a week
Flexcube exp a HUGE
Loans IQ
COVID-19 considerations: All individuals working on-site must be fully vaccinated against COVID-19
Job Description:
As a Loan Operations Reconciliations Analyst, candidate will be responsible for the investigation and clearance of general ledger reconciliation exceptions.
Candidate’s key responsibilities will include:
Timely research of cash, position, payable or receivable, and other reconciliation breaks
Preparing and storing evidence to support the proposed matching of reconciliation breaks
Obtaining approvals for break clearance
Meeting quality and productivity service levels in the investigation and clearance of breaks
Identifying root causes of breaks and opportunities to improve automated break matching logic in the future.
Immediately escalating risks and issues identified during the break investigation and closure process
Investigating ad hoc queries related to breaks
Completing regular metrics reporting
Experience:
4 plus years of work experience in financial services operations, finance and/or accounting MUST.
Knowledge of Institutional Client Loan Operations MUST
Knowledge of reconciliations, accounting, and controls required - MUST
Strong data and excel skills - MUST
Responsibilities:
This role will manage preparing and reviewing loan documentation while providing support to a variety of tasks related to the loan process.
Activities will include independently processing and closing loans within a complex loans operation environment
Integrates a solid understanding of industry, business standards and practices of loan documentation processes
Demonstrates a comprehensive understanding of how the loan function collectively integrates to contribute to achieving overall business goals.
Acts as a coordinator to provide support to more senior members of the team on various loans related projects and initiatives
Provides value-added perspective or advice that contributes to the development of new solutions and the improvement of the loan documentation processes for the area.
Resolves complex problems where the analysis of situations or data requires an in-depth evaluation of loan procedures and industry standards.
Provides evaluative judgment based on analysis of factual information in complicated and unique situations, mostly but not limited to the loan documentation process
Responsible for escalating control gaps and issues to senior management
Identifies loan related control deficiencies and implements appropriate procedures and solutions to mitigate any risk or control losses
Identifies opportunities to reduce expenses
Influences decisions through advice, counsel and/or facilitating services to others in area of specialization
Assumes informal or formal leadership role within the team, is involved in the coaching and training of new recruits, and provides guidance and support to junior staff
Creates, develops and maintains effective relationships with colleagues, management, internal or external clients and stakeholders, and seeks to understand their needs and provides solutions
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding client, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Education:
Bachelor’s or University degree or equivalent experience
Salary.com Estimation for Loan Operations Reconciliations Analyst in New Castle, DE
$64,992 to $84,078
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