Pay Rate: $0
Location: Chicago IL
Job Type: Contract

Position Title: Junior Operations Analyst/Junior Compliance Analyst
LOB: Business Unit Compliance Officers & Lending Deposit Operations
Estimated Start Date: Jan 21
Length of Contract: 3 months 
Possibility of Extension: Yes
Working Hours: 40 hrs/week, Monday-Friday, 8:30-5pm

Role Mandate: 
The fundamental purpose of this role is to identify, analyze and assess various rules and regulations and how the relevant regulations impacting the operating area, assisting with conducting Risk Assessment of regulations, conducting monitoring and testing activities to validate controls, as well as other administrative and compliance activities as assigned. 

Role Responsibilities Include (but are not limited to): 
• Monitor the central mailbox for incoming inquiries, predominantly made up of various financial statements requiring attention (loan agreements, credit agreements, etc.), treating each item as an individual case 


• Review the financial document under a critical lens and translate its information into the loan system, specifically assessing the loan documents as they relate to current regulatory requirements- document review is a critical portion of this role! 


• Translate the data into online document storing database 


• Make amendments and modifications to existing loan agreements per request of various LOB’s


• Assess the impact of Federal and State rules and regulations that govern lending and deposits, tailored to the specific Operating area applicable 


• Assist in the completion of Regulatory Compliance Risk Assessments 


• Assist in reviewing the work done by peers, acting as a second set of eyes and critical judgment to ensure accuracy of analysis 


• Prepare and provide summary reporting on progress of regulatory review assessments, Risk Assessment execution, and Monitoring and Testing execution to Business Unit Compliance Officers 


Must-Have Skills: 
• 1-3 years of experience in deposit compliance
• 1-3 years of experience of banking compliance in general 
• Strong MS Outlook, Word, Excel skills 
• Very Strong documentation skills- document review skills are essential to one's success in this role 
• Strong experience reading and interpreting loan documents on the whole 
• Experience reading and interpreting Borrowing Base certificates 
• Excellent communication skills, particularly written communication- a bulk of their interaction with Senior Management occurs via email
• Ability to work at a fast pace- a candidate’s success in this role is determined by both how quickly they respond to inquiries in the central mailbox, but also in the accuracy of their solutions presented 
• Ability to work with a team effectively 
• Ability to work with minimal supervision and prioritize one’s work on their own 


Educational Requirements: 
Bachelor’s Degree in Accounting, Finance or a related discipline is a very nice bonus 

For immediate consideration, please send resume and salary expectations to aliciaharris@ifgpr.com or tessa.groll@ifgpr.com . Local candidates only. Thank you.