B&C Supervisor

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance.  401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.  We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Position Summary

Balance and Control Supervisor will primarily be responsible for supervising a team of reconciliation analysts, overseeing the reconciliations relating to branch, loans, deposit, cash and general ledger accounts. Ensuring timely and accurate reporting, collaborating with other departments to resolve discrepancies. Leading the team to ensure all Service level agreements are met. Provide guidance and develop to the team.

Salary Range

The salary range for this position is $51,700.00 - $93,500.00 per year. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.

Key Accountabilities

Key Accountability 1: Reconciliations

• Responsible for ensuring the preparation and completion of all reconciliations assigned to Balance and Control team.
• Responsible for ensuring the clearance of items from these reconciliations and recommend procedural enhancements to the department, as appropriate, to minimize or eliminate the daily volume of outstanding exception entries
• Responsible ensuring that all stale outstanding items are followed through timely

Key Accountability 2: Account Research & Reporting

• Account Research: Perform retrieval of statement and/or check copies from image archives; also ability to recreate statement activity.
• Fulfill periodic reporting/data requests for the Financial Reporting department, auditor request etc.

Key Accountability 3: SLA’s & Compliance

• Meet department service level agreements while keeping quality high
• Identify methods of improving both functional and departmental efficiencies that contribute to improved delivery of quality service and have potential to reduce expenses
• Proactive in recognizing issues to be escalated in order to minimize financial loss to the company.
• Maintain adequate controls to ensure compliance with consumer protection statutes/regulations in a defined area of responsibility
• Implement bank-directed policy changes related to regulatory amendments
• Implement Cross training process on all duties of department
• Participate in all required training sessions for compliance

Key Competencies for

• Promotes Change -Seeks to understand and embrace change
• Compelling Communication -Openly and effectively communicates with others
• Makes Decisions & Solves Problems -Seeks deeper understanding and takes action
• Provides guidance and training to develop team

Qualifications and Education Requirements

• High School Degree required, some college preferred
• 5-10 years accounting experience required
• Experience in utilizing Windows, Microsoft Office (Excel & Word)
• Position requires the need to work varied hours/days including occasional overtime as business dictates.
• Proficiency working in spreadsheets
• Ability to acquire and use new skills as job requires
• Basic understanding of banking regulations and Federal Reserve rules, as well as Bank policy as it relates to Deposit Operations
• Leadership skills and attention to detail
• Communication skills

Key Measures of Success/Key Deliverables:

• Ability to identify, problem-solve and exercise good judgment concerning the disposition of daily issues as they arise.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. 

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. 

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP to fill a specific position.

 Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank.

Join our team!