Loan Accounting Manager (Chicago)

Accretive Solutions’ Executive Search Practice has been engaged by an excellent mid-size bank to recruit a Loan Accounting Manager to join their team, located in Downtown Chicago. Candidate must have 5+ years’ loan accounting experience in commercial banking including strong Fiserv Signature Bank Platform experience. The company is growing, has a great culture, and excellent benefits. Salary range $100K + nice bonus.


Bank is seeking to hire a Loan Accounting Manager. As a Loan Accounting Manager, you will serve as a recognized expert within the Bank on loan accounting and processing on core system and third-party nationally recognized software system used for loan valuation.
Assist in loan valuations including purchase credit impaired (PCI) loan pools and whole loans, using discounted cash flow analysis modeling techniques. Modeling techniques include both instrument-level inputs (contractual payment flows, interest rates, probability of default and loss as well as portfolio level assumptions (prepayment rates, delinquency patterns, etc.) and incorporates borrower, institutional and economic data in order to value collateral and cash flow support.

Duties and Responsibilities:
• Manages large data sets for acquired assets for valuation purposes.
• Reconciles and reviews data used in valuations and ensures data integrity, accuracy, and completeness.
• Meets documentation standards sufficient for review by 3rd parties, including auditors and bank regulators.
• Interacts and collaborates with others in Finance, Credit Administration, Special Assets Group and Loan Services.


• 5+ years of related experience in a Commercial Bank or consulting firm, including: accounting, financial reporting, financial modeling, computer programming and database utilization; or a combination of education and experience.
• Bachelor's degree in Finance, Economics, Accounting or a related field is required. Candidates with advanced degrees are given priority.
• Fundamental understanding of valuation techniques, especially discounted cash flow methodologies.
• An understanding of the relationship between credit, prepayments, delinquency and valuation with a demonstrable understanding across both commercial and residential assets.
• Ability to summarize complex information for Senior Management.
• Advanced Microsoft Excel skills; Microsoft Access and/or Visual Basic skills a plus.
• Strong communication and interpersonal skills, self-motivated/results-oriented, with the ability to function effectively with deadlines and work within a team environment.
• Consistently operates with a sense of urgency and able to take ownership for projects through completion.
• Ability to master the quantitative issues but also speak to be understood by bankers and Senior Management.
• Fiserve experience highly preferred.


If you, or someone you know, meet these requirements and are interested in learning more about this exciting career opportunity, please contact Jennifer Weiss at and include an updated resume/CV.

Corporate Statement: 

Accretive Solutions is a national professional services firm providing Consulting, Staffing, and Outsourcing solutions to a wide variety of organizations from start-ups to the Fortune 500. We specialize in solving problems in Accounting & Finance, Governance & Compliance, Information Technology and Business Transformation. Our Executive Search practice has a long and successful history of identifying great talent on behalf of our clients and their organizations.

Throughout our 30 year history performing Executive Search, we have earned an excellent reputation for delivering results and operating with the highest degree of integrity and professionalism. One of the things that set us apart is our practice of always doing what is in the best interests of those we serve - both clients and candidates alike.

Accretive Solutions is an equal opportunity employer.

Job Date: 

Mon, 08/07/2017 - 22:00

Job Types: 


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