Syndicated Loan Accountant/Senior Syndicated Loan Accountant

GreenStone Farm Credit Services•East Lansing, MI

16d

About The Position

We are seeking a Syndicated Loan Accountant to join our Loan Accounting team. This role provides direction on syndicated lending transactions, including disbursements, payments, and fees. You will use strong customer service skills to coordinate with internal and external loan participants on funding activity, while managing pricing changes on syndicated loans. Get to know GreenStone Our $15 billion portfolio of customers, ranging from rural homeowners to global agriculture and food businesses, provides our employees with a unique opportunity to maintain a local presence while working for a top workplace. Our diverse business structure provides exciting opportunities for passionate, talented professionals in many areas. Additionally, many of our team members are highly respected in their area of expertise at both the state and national level making GreenStone one of the top Farm Credit associations in the country. Culture Core Four values steer everything we do at GreenStone. Customer First, Deliver Quality, Get involved, Do the right thing. Employees work as a team to create a company fueled by the desire to best serve each other and our customers every day. Greenstone culture promotes innovative thinking, professional development, health and wellness, and a relaxed work environment with flexible schedules. What can we offer you? GreenStone trusts the people we hire. We empower employees to make the best decisions for the customer and the company. GreenStone has an outstanding Total Rewards package, which includes, but is not limited to: 15 vacation days, 12 sick days, and 12 paid holidays per year 16 hours of volunteer time Paid parental leave 401(k) plan – up to a 9% employer contribution/match Medical, Dental, Vision, STD, LTD, Life/AD&D benefits, etc. $150/year Logo Wear allowance $400/year Wellness Subsidy/Reimbursement & wellness programs $6,000 lifetime maximum Student Debt repayment program Yearly bonus/incentive opportunity available to all benefit eligible employees

Requirements

HS diploma or equivalent is required
1+ year of experience in an accounting, loan accounting, or operations at a financial institution is required.
Proficiency in Microsoft Office and financial systems.
Strong interpersonal and communication skills (verbal & written).
Ability to learn and adapt quickly to new processes.
Team-oriented with relationship-building skills.
High accuracy and efficiency in work.
Strong reading comprehension and deductive reasoning.
Solid foundation in accounting principles.
Knowledge of commercial lending, credit, risk, and funding terminology.
Critical thinking and sound accounting judgment.

Nice To Haves

Bachelor’s degree preferred, majors include Business Administration, Economics, Finance, or Agricultural Business.
3+ years of accounting loan accounting, or operations experience at a financial institution preferred.
Experience with ACBS/CLS or other comparable high-end loan accounting system preferred.

Responsibilities

Process timely funding, payments, and fees for syndicated loans.
Review reports and resolve delinquencies or exceptions.
Coordinate with participating banks on funding activity.
Handle complex foreign fund transactions.
Serve as a subject matter expert for internal accounting inquiries.
Manage requests and inquiries for loans typically greater than $5M with complex terms.
Review and interpret loan agreements to accurately book syndicated loans.
Ensure correct loan pricing to maximize internal spreads.
Perform quality control for new loans and modifications.
Research and reconcile loan issues with internal and external parties.
Provide operational support to commercial banks, farm credit associations, and loan participants.
Conduct daily reconciliation of general ledger participation accounts.
Respond to complex inquiries regarding syndication servicing and GL research.