The PrivateBank Loan Operations Specialist II in Chicago, Illinois

The PrivateBank provides middle market commercial banking, personal and small business banking, and private banking and investment management services. The PrivateBank is an indirect, wholly owned subsidiary of CIBC, a Toronto-based, global financial institution with a 150 year history, serving 11 million personal and business clients. We provide a comprehensive benefit package including paid vacation and holidays, 401(k) with employer match, insurance and EAP. Please visit our web site to learn more about The PrivateBank. The PrivateBank is an Equal Opportunity Employer M/F/Disability/Veteran

This position is responsible for the final step in the process of closing a loan and is responsible for disbursement of funds.

Duties include processing payments, advances, performing system maintenance, processing payoffs, reviewing reports and investigating unapplied/rejected funds, preparing cashier's checks for loan advances, monitoring incoming wire mailboxes, investigate/resolve open reconciliation items and other tasks as required within Loan Services

Detail oriented and organized with at least 1 year of similar loan service expereince. Must possess strong computer skills and have working knowledge of IBS (Metavante) and ACBS loan system or other comparable loan applications.

ID: 2017-4163

External Company Name: Private Bank and Trust Company, The