Finance Loan Analyst

Rogue Credit Union•Medford, OR

3d•Onsite

About The Position

Responsible for overseeing all loan-level participant/investor accounting, remittance, and reporting. This includes, but is not limited to, overseeing monthly principal and interest (P&I), remittance, end-of-month P&I reconciliation across all consumer products and investors, ensuring all reconciliations are completed on the expected timetable. Proactively researches and resolves reconciliation issues and accurately reports on all participant/investor delinquent loans. Responsible for identifying and creating servicing procedures. As the subject matter expert on all investor reporting requirements, the finance loan analyst provides guidance and support to team members while supporting the credit union's Vision of creating the most loyal members in the nation.

Requirements

Five years to eight years of similar or related experience.
Bachelor's degree in a relevant field - Accounting, General Business, Finance, Economics or Information Technology required.
Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation.
Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Basic math skills.
10-key calculator by touch.
Proficient in computer applications, including Microsoft Office, SQL, database design, query optimization, data analysis, report writing has excellent skills in Excel/spreadsheet software and keyboarding.
Strong organizational and time management skills, able to effectively manage the workload and meet deadlines.
Thorough, good eye for detail and accuracy.
Excellent communication skills and telephone skills, with the ability to obtain and relay information effectively.
Must display flexibility with work.
Some lifting required (up to 30 pounds), continuous sitting, occasional standing, and occasional walking.
Finger dexterity while using a computer.
Occasionally talking and hearing in person and on the telephone.
Must be able to review detailed data both on screen and on physical paper to analyze for accuracy, prepare for entry, and assess for adjustment.
Continuous clarity of vision at 20 inches or less and continuous clarity of vision at 20 feet or more.
Ability to drive a motor vehicle or arrange for own transportation to and from various work sites.

Responsibilities

Accurately reconciling all P&I custodial accounts with Investor data and Rogue Credit Union (RCU) across all loan investors/participants and designated products.
Delivering reporting for additional products in a timely manner and in compliance with standards.
Coordinating with contacts at outside parties related to loan purchases, sales and ongoing accounting and reporting.
Assisting with daily and monthly reporting of loan activity from outside parties, following up if such information is inaccurate or not received on schedule.
Assisting with reporting related to various loan relationships.
Researching and resolving all reconciliation discrepancies by working cross-functionally to ensure accuracy, collaborating closely with the Accounting Department to reconcile the custodial clearing GL account and ensure all variances are fully resolved.
Maintaining internal loan database/data files as necessary, including making programming changes as necessary.
Building and optimizing queries.
Using data analysis and modeling to identify errors and make needed corrections.
Reviewing reports received from vendors and adjusting the model to accommodate changes.
Collaborating with the Treasury Department on the purchase and sale of loan pools.
Assisting with the execution of loan purchases and sales.
Facilitating communication with internal teams and tracking pipeline activity and providing updates to internal stakeholders on status and timelines.
Responsible for monthly remittance reports to participating financial institutions purchasing the Credit Union’s loans as well as related reconciliations.
Reporting and remitting monthly payment activity to the appropriate investor and product type.
Responsible for tracking and verifying remittances are disbursed as required.
Supporting, guiding, and assisting other fellow team members with questions, and issues, on investor reporting requirements.
Proactively identifying and creating servicing procedures.
Accurately reporting on all investor/participant delinquent loans per the investor schedule and analyzing for discrepancies.
Notifying appropriate individuals of any discrepancies needed to be corrected.
Proactively providing recommendations to improve processes and improve reports.
Proactively performing other duties as needed or assigned.