Summer Jobs in Aurora, IL

Job Description

Job Description

Who We Are

At Old Second, you're first! For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started.

With great employees we've grown from a single location in the back of a general store to 50 locations and over $6 billion dollars in assets. At Old Second we embrace values that foster an environment of community and growth. Recently, we've been voted a Forbes Best-In-State Bank for Illinois by our customers. Be a part of something big as we continue our growth story together!

What Makes You a Great Fit

You are an undergraduate college-level student who is interested in gaining financial and operational experience in a Community Bank environment. You are willing to work onsite to learn from field experts and gain valuable exposure to bank operations and financial processes.

What we Offer

This is a paid internship. You will gain first-hand knowledge within your area of interest, which may include :

• Exposure to high-net-worth clients and prospects
• Development of communication and presentation skills within a professional work environment
• A thorough understanding of bank policies and external regulatory requirements.
• Participation in education events, networking and presentations.

Compensation & Benefits

Base pay : $18.50 / hour

Old Second is committed to fair and equitable pay practices. Pay is dependent upon the pay range and the incumbent's knowledge, skills and experience.

Benefits : How We Support You - Old Second

Minimum Qualifications

Competencies

Loan Operations – Summer Employment

The Loan Operations department is responsible for the oversight of loan documentation, records, and updates of consumer and commercial loans within the Bank. The department is responsible for boarding each loan into the loan system, ensuring all data points are effectively captured, and reviewing information for accuracy while correcting any inconsistencies. Team members service each loan to maintain financial integrity and ensure all records are updated and meet bank guidelines and regulatory standards; manage collateral and establish controls to mitigate risk and apply consistent standards to all loans. The department manages the upkeep and release of records through the various stages of the loan from inception through maturity.

Thanks for considering Old Second!