Loan Operations Accounting Analyst

Job Locations US-CO-Greenwood Village
ID
2024-5621
Category
Banking Operations
Type
Full Time

Benefits Overview

A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!

Remarkable Benefits Offered by CoBank

  • Careers with a purpose. Stand for something!
  • Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
  • Competitive Compensation & Incentive
  • Hybrid work model: flexible arrangements for most positions
  • Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
  • Robust associate training and development with CoBank University
  • Tuition reimbursement for higher education up to 10K
  • Outstanding 401k: up to 6% matching and additional 3% non-elective contribution
  • Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
  • Associate Resource Groups: creating a culture of diversity and inclusion
  • Recognize a fellow associate through our GEM awards

 

Job Description

Provides daily monitoring and reconciliation of data that impacts the Loan Servicing System's General Ledger System and regulatory reporting. Provides technical and operational expertise in servicing of all Loan Operations deal types including the non-accrual portfolio. Collaborates with stakeholders throughout the Operations Division and CoBank as it relates to system, data, and process improvements/enhancements.

Essential Functions

1. Serves as a primary Loan Operations resource to perform department reporting and analytics, including but not limited to ACBS, PeopleSoft, CoStar/DMF Tableau, DataMart, and LANSA Client data platforms. Understands ACBS system logic, how we use the system, how the system should be used, and what is commercial or industry standard.
2. Provides technical and operational expertise in processing and accounting for all Loan Operations deal types including the non-accrual portfolio.
3. Reviews daily activity for reasonableness and adherence to Generally Accepted Accounting Principles, CoBank and Farm Credit Association guidelines.
4. Reviews various daily control reports for all Loan Operations deal types and resolves out of balance situations and other error conditions that negatively impact PeopleSoft GL and Regulatory reports.
5. Develops and/or assists in report/query development for use in account servicing and quality control.
6. Performs quality assurance functions. Works with team to ensure that high quality standards are achieved. Identifies opportunities for quality improvement, and coordinates efforts to improve processes and controls.
7. Assists management with overall procedure management, assigns and monitors progress of procedures to be updated, periodically reviews and updates procedures, and provides peer review over procedure updates to align with business practices.
8. Employs advanced interpersonal skills; communicates clearly and confidently with stakeholders at all levels.

Education

  • High school diploma or GED required
  • Bachelor's Degree preferred

Work Experience

5 years of experience in Loan Operations and reconciliation practices. required
1. Excellent customer service and strong oral and written communication skills required.
2. Advanced knowledge of general commercial loan and nonaccrual accounting practices required.
3. Knowledge of personal computers and software applications such as word processing and spreadsheets, and query and data management tools such as LANSA Client, Tableau, and/or Datamart or other data query tools required.

 

Physical Exertion Details

Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Travel Requirement Details

Occasional Travel occurs infrequently (typically, once a month or less).

About CoBank

The typical base pay range for this role is between $68,085 - $85,906. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.

The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.

 

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

 

REASONABLE ACCOMMODATION

We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation.

 

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

 

CoBank is an Equal Opportunity Employer.

 

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

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