B&C Specialist III

Overview

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.

Responsibilities

The Reconciliation Analyst is responsible for performing complex, multi‑system financial reconciliations and supporting daily settlement processes to ensure accurate, timely, and compliant financial reporting. The analyst conducts detailed research, resolves discrepancies, and ensures exceptions are communicated and addressed promptly. This position plays a critical role in maintaining the integrity of financial data and supporting continuous process improvement across reconciliation workflows.

Duties and Responsibilities

• Perform complex daily, weekly, and monthly reconciliations across multiple accounts, systems, and financial platforms.
• Complete settlement processes, ensuring all transactions are accurately processed, matched, and resolved in a timely manner.
• Investigate and resolve reconciliation breaks by performing detailed research, root-cause analysis, and coordination with relevant operational areas.
• Serve as the primary point of contact for reconciliation and settlement queries from internal business units, external partners, and auditors.
• Prepare and maintain reconciliation documentation, audit support packages, and process evidence.
• Collaborate with Internal Audit, External Audit, Compliance, and other departments to support control testing and respond to inquiries.
• Identify opportunities for process improvements, automation, and enhanced internal controls within reconciliation and settlement processes.
• Ensure adherence to corporate policies, regulatory requirements, and internal control standards.
• Escalate unresolved issues or emerging risks to management promptly.
• Assist in the development, maintenance, and continuous improvement of reconciliation procedures and workflow documentation.

Key Competencies

• Analytical Thinking: Ability to identify patterns, analyze exceptions, and determine root causes.
• Attention to Detail: Ensures accuracy and precision in reconciliation outputs and documentation.
• Problem‑Solving: Comfortable diagnosing issues across multiple systems and coordinating resolution.
• Communication: Clear, professional communication with operational partners, management, and auditors.
• Collaboration: Works effectively across departments to resolve discrepancies and improve processes.
• Time Management: Ability to prioritize responsibilities and manage peak-period workloads.
• Adaptability: Responsive to evolving systems, processes, and regulatory requirements.
• Integrity & Accountability: Maintains strong control awareness and ownership of assigned reconciliations.

Skills and Qualifications

• Experience in related field preferred
• 3+ years of experience in reconciliations, settlements, accounting operations, or similar financial operations roles.
• Strong understanding of reconciliation principles.
• Experience with reconciliation tools, general ledger systems and, Microsoft Excel.
• Ability to perform detailed financial research and explain findings.
• Familiarity with internal controls, audit processes, and documentation standards.
• Strong organizational skills with the ability to manage multiple reconciliations simultaneously.

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!