Loan Accounting Specialist

AgWest Farm Credit•Spokane, WA

41d•Hybrid

About The Position

AgWest Farm Credit is a member-owned financial cooperative that provides financing and related services to farmers, ranchers, agribusinesses, commercial fishermen, timber producers, rural homeowners and crop insurance customers in a seven-state territory in the Western United States. AgWest is part of the 100+ year-old Farm Credit System – the leading provider of credit to American agriculture. AgWest champions the growth and advancement of agriculture, the value of rural communities, and the vital contribution our customers make to the economy and society. We serve customers in 59 locations throughout the West. We are in search of a Loan Accounting Specialist I or Loan Accounting Specialist II to join our Loan Accounting department in Spokane, Washington (Headquarters) or Rocklin, California. This full-time position reports to the Manager, Loan Accounting and provides centralized operational and loan accounting support to monitor, analyze and service the organization’s loan portfolio. After an initial in-office training period, this position is eligible for workplace flexibility and a one-time home office stipend. Employees are expected to continue working from their office location a minimum of 50% or 60% of the time depending on location.

Requirements

Ability to follow internal control procedures to prevent fraud deficiencies, mishandling of funds and monetary transactions
Demonstrated written and verbal communication skills
Ability to provide excellent customer service and timely, sound solutions for internal/external requests
Ability to problem solve through effective use of procedures and understanding of systems, reporting, internal controls and loan accounting
Knowledge of finance and accounting principles
Associate’s degree in accounting, finance, or related field, or an equivalent combination of education and experience

Nice To Haves

Bachelor’s degree in accounting, finance or related field
General understanding of credit related laws and regulations

Responsibilities

Perform a variety of loan accounting functions including processing payments, disbursing funds, booking new accounts, and processing account maintenance requests.
Review monitoring reports and take appropriate action to ensure loan accounting transactions and daily operations activities are in compliance and control with loan terms, regulations, policies and procedures.
Provide assistance and excellent customer service to internal and external stakeholders.
Prepare detailed and organized work papers to support daily work and reconcilements.
Participate in various workflows as assigned, both within the team and in collaboration with other functional areas.
Perform all duties and maintain all standards in accordance with company policies, procedures, and internal controls.
Other duties as assigned.