Deposit Quality Control Analyst I, II

Position Overview:

The Deposit Internal Control Analyst is responsible for performing various audits within the scope of the Internal Controls function.

Essential Job Functions -Level I

• Reviews daily, weekly, monthly reporting to ensure system changes are performed in accordance to bank's documented ICFR's.
• Performs review for all signature cards (DDA, SAV, CD) and associated account related documentation, including but not limited to signature cards, beneficial ownership and CIP checklist .
• Provides reporting on outstanding/missing documents, follow up and escalating as needed.
• Communicates summary report information to appropriate parties (function managers, appropriate executives), building consensus on findings, and gaining management commitment to solutions.
• Remains current with applicable regulatory requirements pertaining to the various operational functions under review.

Essential Job Functions - Level II

• Interprets and applies the guidelines set forth in the Bank's Internal Control Procedures, which outline specific audit schedules/frequency as well as the scope of audits and audit scripts for Teller Services, Wires/ACH, Deposit Operations, Retail and Card Services; Audits include:
  
  
  
  • CIP Branch Audits
  • New Account Review (Business and Retail)
  • ACH / Wire secondary review;
  • Treasury Support Limit Increases Review
  • Verification and/or testing of operational reconcilements;
  • Signature Guarantee Monthly Review
  • Annual review of Teller Services Audit process;
  • Monthly review of Teller Services teller difference review
  • Safe Deposit Branch Audits
  • Completes requested reports for Internal/External audits
  • Others as assigned
  
  
  
  
• Serves as auditor on assigned audits, ensures the Internal Control Procedures are adhered to and that findings and risks are documented appropriately.
• Produces report summaries including scope of work, summary narrative and specific findings/concerns.
• Utilizes Jack Henry reports and queries on key data points for Internal Control analysis.
• Monitors adherence to Sox Controls relevant to Teller Services, Wires/ACH, Deposit Operations, and Card Services.
• Implements solutions to areas of improvement in various aspects of current functions.
• Stays informed of all deposit regulatory requirements, including changes.
• Manage and implement new projects and or processes

Minimum Requirements - Level 1

High school diploma (or equivalent) and two or more years of banking, audit, or related experience; or equivalent combination of education and experience.

Minimum Requirements - Level 2

High school diploma (or equivalent) and three or more years of banking, audit, or related experience inclusive of one year of deposit focused experience; or equivalent combination of education and experience.

Competencies

• Strong analytical and organizational skills
• Good working knowledge of operational functions within the banking environment
• Works independently requiring minimal supervision
• Works well with others and team building;
• Flexible and able to handle multiple tasks, prioritizing appropriately.

Note: Job levels and hiring decisions are based upon both the business needs and the qualifications of the incumbent. In some cases, an incumbent may meet the requirements of a level 2 role but may be hired in at a lower level based upon business needs and staffing dynamics.

Location Details

This position will be located at the Aurora Main location and is a hybrid position. Training will be in the office at Aurora Main for 2 weeks, then hybrid schedule may begin. The hyrbid schedule is 1 day in the office and 4 days remote.

Compensation & Benefits

Base pay: $21.00 - $25.00 per hour

Old Second is committed to fair and equitable pay practices. Pay is dependent upon the pay range and the incumbent's knowledge, skills and experience.

Benefits: How We Support You - Old Second