Description:

As a Loan Operations Reconciliations Analyst, you will be responsible for the investigation and clearance of general ledger reconciliation exceptions.



Your key responsibilities will include:

• Timely research of cash, position, payable / 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 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/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/external clients and stakeholders, and seeks to understand their needs and provides solutions

• Appropriately assess risk when business decisions are made