Quality Assurance Real Estate
Resume:
Linda Lambert
Chicago, ILL 60651
**************@*****.***
SUMMARY
Finance professional with diverse experiences in Loan
Operation and Accounting. Comprehensive
Knowledge of accounting and auditing practices and
principles of private and government accounting
systems; extensive knowledge of the financial operation of
private and not for profit operations.
EXPERIENCE
COLE TAYLOR BANK, Rosemont, IL
2002 - 2014
Loan Processing Reconciliation Specialist
2008 - 2014
Daily review and reconciliation of all Loan System and Loan Operations
General Ledger for both Commercial and Consumer applications. Daily review
and resolution of all applications unapplied or rejected transactions.
1. Reviewed and resolved open items in a timely manner for accurate
reporting to prevent a significant impact on bank financial reporting.
2. Coordinated with Loan Operations and external department staff to
resolve out of balance and/or open items as a result of daily general
ledger review as warranted.
3. Reported to department management unresolved items requiring
escalation and remediation.
4. Prepared month and quarter end processing of General Ledger
recompilation.
5. Prepared monthly balancing of letters of credit per issuance banks to
ensure accuracy.
6. Provided description analysis of income variances as reported by
Financial Management.
7. Prepared special project and other duties as assigned.
Loan Processing Specialist II
2002 - 2008
Review and process commitment, New Loan, Renewal set up for Commercial Real
Estate, Asset Based Lending, Special Assets Division portfolios including
nonaccrual, charge off, recovery, and other Real Estate owned transactions.
Prepare special projects and other duties as assigned.
1. Reviewed Credit Agreement and Loan Committee Approvals for Asset Based
Lending and Commercial and Industrial loans to determine correct
commitment hierarchy set up on Loan System.
2. Reviewed Loan Document Specialist submitted forms to ensure accurate
interpretation for Servicing Department.
3. Reviewed and processed all Special Assets Division non accruals,
charge off and other Real Estate Owned transactions in accordance with
intern approvals, bank policy, and procedures.
4. Ensured the proper booking and earning of all loan fees cost in
accordance to Financial Management policy.
5. Reviewed daily, weekly, and monthly integrity reposts and performed
the appropriated action to resolve open items with the Lenders, Loan
Document Specialist, or per internal document procedures.
6. Crossed trained in various functions within the department to provided
back up and strength to the overall process.
7. Processed transaction related to specialty products (SWAP, Protective
Advances, etc.).
CITY OF CHICAGO, Department of Finance
1994 - 2002
Financial Analyst
2000 - 2002
Provide comprehensive healthcare cost analysis, forecast and budget
according to Benefits Management guidelines and procedures. Prepare
special projects and other duties as assigned.
1. Prepared analyses and audited financial transactions to ensure
effective and efficient management of over $380 million in annual
healthcare expenses.
2. Developed, reviewed and implemented procedures review of healthcare
provider invoicing to ensure billing accuracy; analyzed and audited
monthly healthcare claims to identify duplicate charges and other
errors.
3. Conducted conference meeting with company representatives to discuss
incorrect billing issues and enhancing reported information.
4. Developed and implemented reporting procedures for direct pay and PHSA
(COBRA co-pay) accounts receivable posting to the Treasurer's Cash
Report and General Ledger.
5. Researched and complied responses of outside benefits survey.
6. Reviewed financial statements and audited comprehensive reports,
performed off-site audits of financial transactions and assisted
outside auditors with year-end financial information related to
healthcare provider.
7. Updated vendors WBE/MBE utilization report.
Loan Processing Officer
1995 - 2000
Review loan vouchers, payments, and payouts for loan closings and prepare
loans' closing documents related to assigned grants according to Special
Accounting Division guidelines, procedures, and grant agreements.
1. Assisted staff with the interpretation of Loan Regulation(s) and
guidelines on the City, State, or Federal levels; participated and
attended loan closings meetings.
2. Reconciled ledgers for loan accounts (including comprehensive loans
portfolio) and made necessary adjustments.
3. Assisted servicing departments with issues related to delinquent
status for restructuring of a loan.
4. Implemented procedures and reviewed the status for transferring
servicing department loans portfolio.
5. Evaluated and implemented procedures; provided training to staff;
assisted staff in preforming assignments; delegated assignments and
reviewed staff's performance for accuracy and completeness.
1. Reviewed and responded to annual audit confirmations, maintained the
record of cash receipts for the Special Accounting Division; liaison
person for the Treasurer's Office and the Department of Revenue;
assisted co-workers with the Revenue Cashiering System (RECAPS).
Loan Processing Officer Assistant
1990 - 1994
Prepare Monthly Status and Delinquency Report by required deadline. Assist
with the preparation of closing documents related to assigned grants
according to department guidelines and grant agreements; reconcile and
prepare payoff letters for Servicing Department(s) and Law Department.
Participate and attend loan closing meetings.
2. Maintained current and delinquent accounting records according to Loan
Procedures Unit guidelines on a daily basis and prepared Quarterly
Billing Statements, monthly reminders and past due notices.
3. Reviewed vouchers, loan payments, and cash receipts, reconciled
ledgers for loan accounts and cash receipts to the General Ledger,
Revenue and Treasurer's reports.
4. Communicated updated status of account(s) with servicing departments,
management and loan recipients by attending meetings, written
correspondence and verbally.
5. Per management instructions acted as supervisor when needed. Prepared
special projects and other duties as assigned.
EDUCATION & DEVELOPMENT
National Louis University, Chicago, IL Bachelor of Science -
Business Management
Proficient in Microsoft office suite including word, excel, outlook, etc.
Experience in Fiserv; FIS; Evision check research; Loan Quality Assurance
(LQA); Baker Hill Origination; and Fox-trot
Contact this candidate