Field Examiner, Sr
Old National Bank · Sycamore, IL · Today
OTHR$60k–$121k/yrFull-time
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.
- 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.
Requirements
- Possess a 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.
Qualifications
- Bachelor’s degree in accounting or finance.
- Seven years of Commercial Field Examination and Asset Based Loan experience.
Skills
- 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.
Benefits
- Competitive compensation with a salary range of $60,000/yr - $121,300/yr plus bonus.
- Medical, dental, and vision insurance.
- 401K plan.
- Continuing education opportunities.
- Employee assistance program.
- Impact Network Groups.
Pay
Salary Range: $60,000/yr - $121,300/yr plus bonus.
Schedule
We are in office culture.