Temporary Downstream Process Development Jobs in Hazel Crest, IL

Job Description

Reporting to the Assistant Vice President - Funding & Settlements, the Process Lead will oversee critical functions within the team, including the approval of transactions and wires in the system of record. You will serve as the primary escalation contact for Funding & Settlements issues, manage the end-to-end processing of funding transactions, and ensure effective communication to downstream teams. Additionally, you will collaborate with the Assistant Vice President (AVP) to drive process improvements and implement technology automation to enhance operational efficiency.

Responsibilities

• Review and approve transactions and wire instructions in the system of record.
• Ensure accuracy, compliance, and timely processing of all approvals.
• Act as the escalation point for complex settlement issues and discrepancies.
• Resolve issues efficiently, working with internal teams and external parties as needed.
• Oversee the complete processing cycle of funding transactions from initiation to completion.
• Ensure transactions are executed accurately and in compliance with company policies.
• Facilitate effective communication to downstream teams regarding funding transactions and settlement updates.
• Ensure all stakeholders are informed and aligned on transaction status and issues.
• Collaborate with the AVP to identify and implement process improvements.
• Support the development and deployment of technology automation to streamline workflows and enhance operational efficiency.
• Foster a collaborative and high-performance team environment.

Qualifications

• Bachelor's degree, with a preferred concentration in finance, accounting, business, or economics.
• 7+ years' experience with a financial institution or other organization with exposure to reconciliation processes.
• Strong problem-solving skills with the ability to handle complex settlement issues effectively.
• Experience in process improvement and technology automation within financial operations.
• Excellent communication and interpersonal skills, with the ability to liaise effectively with internal and external stakeholders.
• Knowledge of LoanIQ or WSO a plus.
• Proficiency with Microsoft Office 365 with emphasis on Outlook, Word and Excel usage or comparable software application.
• Motivated self-starter with a responsive, friendly, and professional demeanor and strong written and verbal communication skills.
• Demonstrated ability to be decisive, highly organized and prioritize tasks including the ability to adapt to changing circumstances and adjust priorities as needed in a deadline-driven environment while maintaining careful attention to detail and accuracy.
• Ability to work productively in a cross-functional team environment with both internal and external stakeholders while taking individual responsibility for quality and accuracy.
• Proven record of reliability and dedication to high quality work product.

• Attention to Detail: Accurately reviews and approves transactions, ensuring compliance with regulatory standards and company policies.
• Problem Solving: Acts swiftly as the escalation point for complex settlement issues, utilizing analytical skills to resolve discrepancies and minimize risk.
• Communication: Facilitates clear and timely communication with downstream teams, providing updates on transaction status and addressing inquiries from stakeholders.
• Process Improvement: Collaborates with the AVP to identify inefficiencies and implement technology-driven solutions, resulting in enhanced operational workflows.
• Leadership: Oversees the end-to-end processing cycle, ensuring team alignment and mentoring staff on best practices in Funding & Settlements.
• Technical Proficiency: Demonstrates expertise in the system of record and applies automation tools to streamline transaction approvals and reporting.

• Adaptability: Quickly responds to shifting priorities and changing business needs, seamlessly transitioning between tasks to meet tight deadlines without sacrificing quality.
• Collaboration: Works effectively with diverse teams across departments, building productive relationships and fostering a cooperative work environment to achieve shared objectives.
• Accountability: Takes ownership of assigned tasks, consistently delivering accurate results and following through on commitments to ensure stakeholder satisfaction.
• Continuous Learning: Proactively seeks opportunities for professional growth and stays current with industry trends to enhance job performance and contribute innovative ideas.
• Initiative: Demonstrates a proactive approach by identifying process improvements and taking action to implement effective solutions without being prompted.

The Fine Print

• Must have unrestricted authorization to work in the United States.
• Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.
• Must be willing to work from the Chicago or Atlanta office.

Antares is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

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A reasonable estimate of the current base salary range at the time of posting is below. Base salary does not include other forms of compensation or benefits. Actual base salary within the specified range is comprised of several components, including but not limited to applicant's skill, prior relevant experience, specific degrees and certifications, job responsibilities, market considerations and the location of the position.

This role is eligible for a discretionary annual bonus (based on company, business unit and individual performance).

Our benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.

Base Salary Range

$98,000 - $110,000

To learn more, visit www.antares.com. Antares is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.