Deposit Balancing Specialist , II, III

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 a 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!

Move your career forward at Old Second.

Deposit Balancing Specialist (Level I, II and III) is responsible for performing a variety of deposit and general ledger account reconciliations that support the core functions of the Deposit Balancing Department. This role ensures accuracy, compliance, and timely resolution of assigned accounts, contributing to the overall integrity of the Bank's financial records.

• Reconciles standard deposit and general ledger accounts accurately, efficiently, and on a timely basis in accordance with procedures. Reconcilements include, but are not limited to, cash items, unposted deposits, ATM cash and differences, and CD interest.
• Ensures all account reconcilements and supporting documentation are properly archived in reconciliation software (Blackline) in accordance with established retention and documentation procedures.
• Collaborates with cross functional departments to research and resolve open items on account reconcilements.
• Performs reviewer responsibilities for assigned reconcilements, ensuring compliance with procedures and documenting findings accurately.

• Responsible for performing advanced reconcilement of deposit and general ledger accounts with higher complexity and volume. Leverages data-driven tools, system logic, and cross department collaboration to ensure timely and accurate financial reporting in accordance with established procedures.
• Reconciles all Level I deposit and general ledger accounts as well as complex and high-volume accounts such as: ATM Terminal Clearing GL, ATM Switch Clearing GL, Currency & Coin GL, Time Deposit Settlement GL, and Zelle GL.
• Performs end-to-end account reconcilement using software and data-driven applications to validate, investigate, and resolve discrepancies.
• Completes account reconcilements in Blackline software, leveraging matching rules, automation functionality, and workflow tools to drive efficiency and accuracy.
• Ensures all reconcilements and required documentation are properly archived in Blackline in accordance with established retention and documentation procedures.
• Consistently completes assignments with minimal guidance, demonstrating strong analytical and problem-solving skills.
• Communicates findings clearly and professionally, ensuring timely follow-up on outstanding issues.
• Performs reviewer responsibilities for assigned reconcilements, verifying completeness, compliance with procedures, and accurately recording all findings.
• Partners with cross-functional departments to research and resolve open items identified during account reconcilements.

• Proficient in completing all general ledger and deposit account reconcilements in Level 1 and Level 2; consistently balances accounts without manager assistance.
• Able to research discrepancies and identify unresolved items, including performing advanced troubleshooting within Blackline software.
• Serves as a subject matter expert among peers and provides backup support to management.
• Coaches, mentors, and trains new staff members; supports peers with complex issues requiring advanced problem solving skills.
• Assists with the creation, revision, or completion of departmental procedures.
• Conducts annual procedure reviews to ensure documentation remains accurate and up to date.
• Contributes to strategic planning initiatives by providing operational insight and process improvement recommendations.

• High school diploma (or equivalent) and one or more years of banking or related…