Loan Accounting Specialist

Tri City National Bank • West Allis, WI

3d • Onsite

About The Position

Under the direction of the Loan Services Manager, the Loan Accounting Specialist balances and reconciles loan-related general ledger accounts and ensures transactions are recorded accurately. The role performs daily account maintenance and monetary transactions related to loan servicing, handles annual property tax disbursements, monitors delinquent taxes, and conducts an annual review of unclaimed property.

This position is located in the office at Tri City National Bank’s Operations Center in West Allis, Wisconsin. Compensation is $22.00–$32.00 per hour, depending on experience. The schedule is described as predictable, with no early mornings or late nights and major holidays off.

Tri City National Bank describes itself as a community-focused, team-oriented bank that offers opportunities for personal and professional growth. Employee benefits begin on the first day of the month after the hire date. Benefits listed for full-time employees include a 401(k) with company match, tuition reimbursement, medical, dental, and vision coverage, paid vacation, and more. Part-time employees are listed as eligible for a 401(k) with company match and up to 20 hours of paid vacation after three months, subject to an average of at least 20 hours worked per week.

Requirements

• Experience in banking, loan servicing, or customer service is required.
• Understanding of basic transactions and loan products.
• Ability to gain working knowledge of Tri City National Bank’s policies, procedures, products, and services.
• Analytical ability involving basic accounting and data processing.
• Strong organizational and time-management skills, with keen attention to detail.
• Strong customer-service orientation, including effective oral and written communication, sensitivity, judgment, and initiative.
• Ability to perform detailed, time-sensitive work and make independent decisions with great accuracy.

Nice To Haves

• Education or experience in accounting is preferred.

Responsibilities

• Balance and reconcile existing loan accounts to the general ledger, ensuring the accuracy of posted entries.
• Identify and reconcile posting errors.
• Respond to calls and email inquiries to Loan Services from internal personnel, authorized third parties, and bank customers regarding loan accounts, including researching information and resolving errors.
• Handle monthly PMI processing, reporting, and remittance.
• Assist with escrow functions, including annual escrow analysis and monitoring hazard insurance payments.
• Balance and reconcile subsidiary and custodial accounts, including FHLMC Custodial Accounts.
• Perform interface balancing and provide backup for investor servicing, reporting, and remittance.
• Review daily reports to identify necessary corrections and adjustments.
• Enter customer and loan information in the IBS loan system.
• Prepare and transmit monthly SBA reports.
• Perform other duties as assigned or required.
• Balance and reconcile loan-related general ledger accounts and accounts.
• Perform daily account maintenance and monetary transactions related to loan servicing.
• Handle annual property tax disbursement, monitor delinquent taxes, and conduct an annual review of unclaimed property.

Benefits

• 401(k) with company match
• Tuition reimbursement
• Medical coverage
• Dental coverage
• Vision coverage
• Paid vacation
• Up to 20 hours of paid vacation after three months for eligible part-time employees who work an average of at least 20 hours per week
• Major holidays off

What This Job Offers

• Job Type: Full-time
• Education Level: No Education Listed