Loan Acct Ops Specialist-Participation & Syndication
Omaha, NE, US, 68137-2210 Grafton, ND, US, 58237-2225 Perry, IA, US, 50220 Alexandria, MN, US, 56308 Imperial, NE, US, 69033 Fergus Falls, MN, US, 56537 Mitchell, SD, US, 57301-7248 Crosby, ND, US, 58730 Madison, MN, US, 56256 Ada, MN, US, 56510 Yankton, SD, US, 57078 Oskaloosa, IA, US, 52577-3717 Beatrice, NE, US, 68310 Emporia, KS, US, 66801-7350 Roseau, MN, US, 56751 Morris, MN, US, 56267 Watertown, SD, US, 57201 ONeill, NE, US, 68763 Sheldon, IA, US, 51201 Carrington, ND, US, 58421 Graceville, MN, US, 56240 Jamestown, ND, US, 58401 LaMoure, ND, US, 58458 Langdon, ND, US, 58249 Crookston, MN, US, 56716 Harlan, IA, US, 51537 Columbus, NE, US, 68601 Stevens Point, WI, US, 54482 Pierre, SD, US, 57501 Grand Forks, ND, US, 58208-3570 Wausau, WI, US, 54402 Hiawatha, KS, US, 66434-0297 Parsons, KS, US, 67357-8110 Marshalltown, IA, US, 50158 Medford, WI, US, 54451 Fargo, ND, US, 58108 Grand Island, NE, US, 68803 Rapid City, SD, US, 57702 Red Oak, IA, US, 51566-1284 North Platte, NE, US, 69101 Lincoln, NE, US, 68521 Sioux Falls, SD, US, 57108 Scottsbluff, NE, US, 69361 Litchfield, MN, US, 55355 Storm Lake, IA, US, 50588 Willmar, MN, US, 56201 Baldwin City, KS, US, 66006-0858 Mason City, IA, US, 50401 Detroit Lakes, MN, US, 56501 Redwood Falls, MN, US, 56283 Thorp, WI, US, 54771 Bowbells, ND, US, 58721 Webster City, IA, US, 50595 Alliance, NE, US, 69301 Cavalier, ND, US, 58220 Decorah, IA, US, 52101 Olivia, MN, US, 56277 Mobridge, SD, US, 57601 Newton, IA, US, 50208 Thief River Falls, MN, US, 56701 Warren, MN, US, 56762 Kearney, NE, US, 68847 Rugby, ND, US, 58368 Cedar Falls, IA, US, 50613-0396 Hallock, MN, US, 56728 Mount Pleasant, IA, US, 52641 Marshall, MN, US, 56258 Marshfield, WI, US, 54449 DeWitt, IA, US, 52742 Valley City, ND, US, 58072 Hillsboro, ND, US, 58045 Minot, ND, US, 58701 Marysville, KS, US, 66508-0349 McCook, NE, US, 69001-2141 Manchester, IA, US, 52057-1522 Minneapolis, MN, US, 55426 Lisbon, ND, US, 58054 Huron, SD, US, 57350 Williston, ND, US, 58801 Minot, ND, US, 58702 Emmetsburg, IA, US, 50536 Sioux City, IA, US, 51106 Hiawatha, IA, US, 52233 Bottineau, ND, US, 58318 Carroll, IA, US, 51401 Devils Lake, ND, US, 58301 Norfolk, NE, US, 68701 Aberdeen, SD, US, 57401 Casper, WY, US, 82601 Fosston, MN, US, 56542 Elbow Lake, MN, US, 56531 Broken Bow, NE, US, 68822 Manhattan, KS, US, 66503-0368 Wahpeton, ND, US, 58075
AgCountry Farm Credit Services (AgCountry), Farm Credit Services of America (FCSAmerica) and Frontier Farm Credit are financial cooperatives that operate under shared management across eight states. While each association is owned by its local farmers and ranchers, they collaborate by pooling resources, expertise, and talent to provide affordable credit, crop insurance, and financial services.
Our associations are united by a common mission and commitment to serving rural America and supporting each other, which drives the success of the farmers, ranchers, and agribusiness we serve. We take pride in being a great place to work, and this enthusiasm is reflected in the relationships our team members foster with one another and with our customers.
Job Summary
*Work location-Prefer Omaha, NE, willing to consider retail offices or homebased work for qualified candidates.*
We are looking for a Loan Accounting Operations Specialist to join our team. In this role, you will be responsible for researching, analyzing, and processing all transactions for participated and syndicated loans in the Associations’ Corporate Business Development portfolio.
Expected to provide accurate, clear, and timely notification to participants and syndicate banks. Loan Accounting Specialist will book new, renew, and modify participation and syndication loans in loan accounting software. This position acts as our primary contact and SME for association employees and participant and syndicate bank employees. This position is expected to resolve a wide variety of loan accounting problems and to identify accounting system problems or issues.
Essential Duties & Responsibilities
Account Set Up and Servicing
- Establish and maintain strong relationships with lending partners, and teammates using both written and verbal communication.
- Create accounts based on customers' operational structure to produce accurate statements and data that will be utilized in AgriPoint, Account Access, Account Information and reporting that is shared with the Funding Corp and Funding Banks.
- Utilize account setup documentation, internal resources, loan documents, and lender provided documents to establish customers' accounts in the loan accounting system.
- Perform loan servicing actions creating accounting system entries using the appropriate procedures and accounting principles and ensuring the work is accurate.
- Influence process and procedures by evaluating complex customer data to determine the most efficient method to set up accounts that will produce accurate billing and activity statements while meeting compliance and legal guidelines.
- Initiate wire activity while adhering to the associations’ fraud prevention and compliance guidelines.
- Minimizes risk to the association through a solid understanding of procedural requirements - provides solutions to reduce errors, and to adhere to audit and control policies.
Support Specialization
- Provide product support to teammates who utilize the data from the loan accounting system. Support may occur through email, phone, online chat or in person meetings and requires knowledge of accounting, loan structure, and accrual calculations.
- Identify and escalate advanced product support and more complex requests.
- Organizes and prioritizes work to meet processing deadlines.
General Ledger Balance Sheet Account Reconciliations
- Responsible for completing and/or reviewing all general ledger balance sheet account reconciliations on a daily or monthly basis. Coordinate resolution of discrepancies identified with appropriate teammates.
- Understand accounting policies and procedures to ensure financial reports provide complete and accurate information.
Education Requirements
- Associates degree in Finance, Accounting, or a related field is preferred.
Years of Experience
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2+ years’ related experience in commercial lending environment, accounting, or banking operations
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Foundational understanding of agriculture is preferred
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Strong critical thinking skills.
About Us:
AgCountry has 45 offices, is based in Fargo, North Dakota and serves portions of North Dakota, Minnesota, and Wisconsin, FCSAmerica is based in Omaha, NE and has 42 local offices serves rural communities and agriculture in Iowa, Nebraska, South Dakota, and Wyoming. Frontier Farm Credit has six offices serving eastern Kansas. Together, we support nearly 82,000 producers and agribusinesses, meeting the needs of today’s agricultural industry with our combined 2600+ employees providing lending, risk management, technology, commodity marketing, and customer and employee education.