Loan Analyst

Position Title: Loan Analyst

Duration: 3 Months (possibility of extension based on project needs)

Office Location: Chicago, IL 60602 (Hybrid)

Remote/Hybrid: Hybrid - Onsite preferably on Mondays and Tuesdays

Work Schedule (hours per week, start time): 40 Hours/week, 8-5 Monday to Friday

Pay Rate: $30.00/hr.

What project will this contractor be working on? Validating email information to clean up systems.

Job Description:

• Support an operational risk-based program within US Operations (Loans, Deposits, Payments).
• Liaise with the US TI&I Risk and Governance Team on behalf of US Commercial Operations to supply information required to complete periodic test of operational controls.
• Collaborate with US Commercial operations and US TI&I Risk and Governance Team in developing and monitoring corrective action plans when responding to Audit, Compliance, Self-Assessed, or regulatory examination findings.
• Assist with risk guidance in developing, reviewing and maintaining operational risk and compliance policies and procedures as it relates to US Commercial Operations.
• Coordinate Risk and Control Self-Assessment; Risk Identification; and Change Initiative Risk Assessment processes, as applicable for US Operations.
• In conjunction with US TI& I Risk and Governance Team, manage day-to-day risk issues; design and implement new controls and special projects.
• Update and maintain a risk and control inventory remediating any gaps and inadequacies.
• Maintain awareness of regulatory changes across the industry, analyzing how the changes will affect US Commercial Operations, and work with US TI & I Risk and Governance Team on a strategy to implement changes within US Commercial Operations.

Must Have Requirement:

• 2+ years' experience with loan systems such as IBS and ACBS
• 2+ years' Loan operations experience

Nice to Have:

• Knowledge of AML requirements
• Previous banking industry experience

Soft Skills:

• Detail oriented
• Ability to work in a fast paced environment
• Strong communication skills

Interview Process:

• 1 round video interview with the hiring manager and a colleague half an hour each.

Focus would be the candidates background and experience level

About Us: Established in 2004, SPECTRAFORCE is one of the largest and fastest-growing diversity-owned staffing firms in the US. The growth of our company is a direct result of our global client service delivery model that is powered by our state-of-the-art A.I. proprietary talent acquisition platform, robust ISO 9001:2015/ISO 27001 certified processes, and strong and passionate client engaged teams. We have built our business by providing talent and project-based solutions, including Contingent, Permanent, and Statement of Work (SOW) services to over 140 clients in the US, Canada, Puerto Rico, Costa Rica, and India. Key industries that we service include Technology, Financial Services, Life Sciences, Healthcare, Telecom, Retail, Utilities and Transportation. SPECTRAFORCE is built on a concept of “human connection,” defined by our branding attitude of NEWJOBPHORIA, which is the excitement of bringing joy and freedom to the work lifestyle so our people and clients can reach their highest potential. Learn more at: http://www.spectraforce.com

Benefits: SPECTRAFORCE offers ACA compliant health benefits as well as dental, vision, accident, critical illness, voluntary life, and hospital indemnity insurances to eligible employees. Additional benefits offered to eligible employees include commuter benefits, 401K plan with matching, and a referral bonus program. SPECTRAFORCE provides unpaid leave as well as paid sick leave when required by law.

Equal Opportunity Employer: SPECTRAFORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at [email protected] if you require reasonable accommodation.

California Applicant Notice: SPECTRAFORCE is committed to complying with the California Privacy Rights Act (“CPRA”) effective January 1, 2023; and all data privacy laws in the jurisdictions in which it recruits and hires employees. A Notice to California Job Applicants Regarding the Collection of Personal Information can be located on our website. Applicants with disabilities may access this notice in an alternative format by contacting [email protected].

LA County, CA Applicant Notice: If you are selected for this position with SPECTRAFORCE, your offer is contingent upon the satisfactory completion of several requirements, including but not limited to, a criminal background check. We consider qualified applicants with arrest or conviction records for employment in accordance with all local ordinances and state laws, including the Los Angeles County Fair Chance Ordinance for Employers (FCO) and the California Fair Chance Act (FCA). The background check assessment will consider whether a criminal history could reasonably have a direct, adverse impact on the job-related safety, security, trust, regulatory compliance, or suitability for this role. Such findings may result in withdrawal of a conditional job offer.

At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws.

Position Title: Loan Analyst

Duration: 3 Months (possibility of extension based on project needs)

Office Location: Chicago, IL 60602 (Hybrid)

Remote/Hybrid: Hybrid - Onsite preferably on Mondays and Tuesdays

Work Schedule (hours per week, start time): 40 Hours/week, 8-5 Monday to Friday

Pay Rate: $30.00/hr.

What project will this contractor be working on? Validating email information to clean up systems.

Job Description:

• Support an operational risk-based program within US Operations (Loans, Deposits, Payments).
• Liaise with the US TI&I Risk and Governance Team on behalf of US Commercial Operations to supply information required to complete periodic test of operational controls.
• Collaborate with US Commercial operations and US TI&I Risk and Governance Team in developing and monitoring corrective action plans when responding to Audit, Compliance, Self-Assessed, or regulatory examination findings.
• Assist with risk guidance in developing, reviewing and maintaining operational risk and compliance policies and procedures as it relates to US Commercial Operations.
• Coordinate Risk and Control Self-Assessment; Risk Identification; and Change Initiative Risk Assessment processes, as applicable for US Operations.
• In conjunction with US TI& I Risk and Governance Team, manage day-to-day risk issues; design and implement new controls and special projects.
• Update and maintain a risk and control inventory remediating any gaps and inadequacies.
• Maintain awareness of regulatory changes across the industry, analyzing how the changes will affect US Commercial Operations, and work with US TI & I Risk and Governance Team on a strategy to implement changes within US Commercial Operations.

Must Have Requirement:

• 2+ years' experience with loan systems such as IBS and ACBS
• 2+ years' Loan operations experience

Nice to Have:

• Knowledge of AML requirements
• Previous banking industry experience

Soft Skills:

• Detail oriented
• Ability to work in a fast paced environment
• Strong communication skills

Interview Process:

• 1 round video interview with the hiring manager and a colleague half an hour each.

Focus would be the candidates background and experience level

About Us: Established in 2004, SPECTRAFORCE® is one of the largest and fastest-growing diversity-owned staffing firms in the US. The growth of our company is a direct result of our global client service delivery model that is powered by our state-of-the-art A.I. proprietary talent acquisition platform, robust ISO 9001:2015/ISO 27001 certified processes, and strong and passionate client engaged teams. We have built our business by providing talent and project-based solutions, including Contingent, Permanent, and Statement of Work (SOW) services to over 140 clients in the US, Canada, Puerto Rico, Costa Rica, and India. Key industries that we service include Technology, Financial Services, Life Sciences, Healthcare, Telecom, Retail, Utilities and Transportation. SPECTRAFORCE is built on a concept of “human connection,” defined by our branding attitude of NEWJOBPHORIA®, which is the excitement of bringing joy and freedom to the work lifestyle so our people and clients can reach their highest potential. Learn more at: http://www.spectraforce.com

Benefits: SPECTRAFORCE offers ACA compliant health benefits as well as dental, vision, accident, critical illness, voluntary life, and hospital indemnity insurances to eligible employees. Additional benefits offered to eligible employees include commuter benefits, 401K plan with matching, and a referral bonus program. SPECTRAFORCE provides unpaid leave as well as paid sick leave when required by law.

Equal Opportunity Employer: SPECTRAFORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at [email protected] if you require reasonable accommodation.

California Applicant Notice: SPECTRAFORCE is committed to complying with the California Privacy Rights Act (“CPRA”) effective January 1, 2023; and all data privacy laws in the jurisdictions in which it recruits and hires employees. A Notice to California Job Applicants Regarding the Collection of Personal Information can be located on our website. Applicants with disabilities may access this notice in an alternative format by contacting [email protected].

LA County, CA Applicant Notice: If you are selected for this position with SPECTRAFORCE, your offer is contingent upon the satisfactory completion of several requirements, including but not limited to, a criminal background check. We consider qualified applicants with arrest or conviction records for employment in accordance with all local ordinances and state laws, including the Los Angeles County Fair Chance Ordinance for Employers (FCO) and the California Fair Chance Act (FCA). The background check assessment will consider whether a criminal history could reasonably have a direct, adverse impact on the job-related safety, security, trust, regulatory compliance, or suitability for this role. Such findings may result in withdrawal of a conditional job offer.

At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws.