Loan Accounting Ops Spec-Participation & Syndication

Job Summary

*Work location-Prefer Omaha, NE, willing to consider retail offices or homebased work for qualified candidates.*

We are looking for a Loan Accounting Operations Specialist to join our team. In this role, you will be responsible for researching, analyzing, and processing all transactions for participated and syndicated loans in the Associations Corporate Business Development portfolio.

Expected to provide accurate, clear, and timely notification to participants and syndicate banks. Loan Accounting Specialist will book new, renew, and modify participation and syndication loans in loan accounting software. This position acts as our primary contact and SME for association employees and participant and syndicate bank employees. This position is expected to resolve a wide variety of loan accounting problems and to identify accounting system problems or issues.

Essential Duties & Responsibilities

Account Set Up and Servicing

• Establish and maintain strong relationships with lending partners, and teammates using both written and verbal communication.
• Create LoanIQ accounts based on customers' operational structure to produce accurate statements and data that will utilized in AgriPoint, Account Access, Account Information and reporting that is shared with the Funding Corp and Funding Banks
• Utilize account setup documentation, internal resources, loan documents, and lender provided documents to establish customers' accounts in LoanIQ.
• Perform loan servicing actions creating accounting system entries using the appropriate procedures and accounting principles and ensuring the work is accurate.
• Influence process and procedures by evaluating complex customer data to determine the most efficient method to setup accounts that will produce accurate billing and activity statements while meeting compliance and legal guidelines.
• Initiate wire activity while adhering to the associations fraud prevention and compliance guidelines
• Minimizes risk to the association through a solid understanding of procedural requirements - provides solutions to reduce errors, and to adhere to audit and control policies

Support Specialization

• Provide LoanIQ product support to teammates who utilize the data from LoanIQ. Support may occur through email, phone, online chat or in person meetings and requires knowledge of accounting, loan structure, and accrual calculations
• Identify and escalate advanced product support and more complex requests
• Organizes and prioritizes work to meet processing deadlines.

General Ledger Balance Sheet Account Reconciliations

• Responsible for completing and/or reviewing all general ledger balance sheet account reconciliations on a daily or monthly basis. Coordinate resolution of discrepancies identified with appropriate teammates
• Understand accounting policies and procedures to ensure financial reports provide complete and accurate information.

Education Requirements

• Associate DegreeinFinance, Accounting or related degree preferred.

Years of Experience

• 2+ years of experience in commercial lending environment, accounting, or banking operations. Experience and/or understanding of agriculture.
• Foundational understanding of agriculture preferred.
• Strong critical thinking skills.