Job DetailsJob Location: Oak Brook HQ - Oak Brook, IL 60523Position Type: Full TimeSalary Range: $50,000.00 - $65,000.00 Salary/year
GENERAL FUNCTION: To assist the Finance team in maintaining the accuracy of the general ledger and all Asset / Liability functions.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Assist in the preparation of asset/liability, projections and other risk management reports.
Maintain and regularly update financial model.
Prepare departmental reporting and branch profitability.
Review accounting data for daily cash requirements, primarily for liquidity planning.
Produce various regulatory and financial reports as needed.
Make recommendations for improving internal controls and operating efficiencies based upon own work routine and through the review of other’s work.
Create various short and long-term financial projections.
Assist in the development of the annual bank budget in conjunction with other department personnel.
Responsible for all loan pledge reporting to the FHLB (Federal Home Loan Bank) and FRB (Federal Reserve Bank). Develop, monitor and analyze all activities for pledging to these two entities.
Maintain and monitor collateral levels for certain deposit accounts.
Perform other accounting responsibilities as backup function for all accounting staff.
EXPECTATIONS:
The ability to communicate and collaborate with internal and external personnel in a professional and timely manner.
The ability to follow established policies and procedures, work effectively and efficiently in a fast paced environment and process requests per instructions.
The ability to maintain and follow through on assignments and daily duties.
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
Bachelor’s degree or equivalent experience and high school diploma.
Experience within financial institutions a plus.
Strong analytical ability with an attention to detail.
Proficient in Excel and Microsoft Word.
Comfortable with math and calculations.
Excellent phone and communication skills.
ADDITIONAL RESPONSIBILITIES:
Every employee of Republic Bank is responsible for knowing and practicing Bank Secrecy Laws (AML/CIP/SAR/CTR/OFAC), and the USA Patriot Act, and other related regulations as they relate to their specific job function. Training will be provided during your Introductory Period and annually thereafter. If you need additional training, you are responsible for contacting your immediate supervisor and/or the Director of Training.
QualificationsWHAT WE OFFER
As part of our commitment to your physical, emotional, and financial wellbeing, we proudly provide a comprehensive benefits package, which includes:
A competitive salary range estimated at $50,000 - $65,000 annually for this position. (Final compensation may vary based on experience, skills, and qualifications)
Generous Paid time Off (PTO) to help you rest, recharge, and take care of what matters most
Health, dental, and vision insurance with tax-advantaged FSA and HSA account options
Retirement benefits including 401k plan with discretionary matching contributions.
Childcare assistance program to support working parents and their eligible dependents
Parental Leave for both primary and secondary caregivers
Short-term and long-term disability coverage for long-term income security
Basic Life and AD&D insurance with elective additional coverage for you, your spouse, or children
Mental health & wellness benefits including bank-paid Headspace meditation app subscription and access to our Employee Assistance Program
We look forward to working with you and to the contributions you will make to Republic Bank of Chicago, as well as the opportunity to provide you with professional growth. However, we recognize that you retain the option, as does Republic Bank of Chicago, of ending your employment with us at any time, with or without notice and with or without cause. As such, your employment with Republic Bank of Chicago is at-will and neither this job description nor any other oral or written representations may be considered a contract for any specific period of time.
