Loan Accounting Specialist

22 hours ago


Spokane, United States AgWest Full time

Loan Accounting SpecialistAgWest 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.Compensation InformationThe base salary range for this position in Spokane, Washington is:Level I: Typical starting range: $43,100 - $57,400 Full base salary range: $43,100 - $64,600 Annual performance-based incentive target is 6% of base.Level II: Typical starting range: $47,200 - $62,900 Full base salary range: $47,200 - $70,800 Annual performance-based incentive target is 6% of base.The base salary range for this position in Rocklin, California is:Level I: Typical starting range: $49,200 - $65,700 Full base salary range: $49,200 - $73,900 Annual performance-based incentive target is 6% of base.Level II: Typical starting range: $54,400 - $72,300 Full base salary range: $54,400 - $81,100 Annual performance-based incentive target is 6% of base.Job RequirementsPerform 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 reconciliations.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.Minimum RequirementsAbility to follow internal control procedures to prevent fraud deficiencies, mishandling of funds and monetary transactionsDemonstrated written and verbal communication skillsAbility to provide excellent customer service and timely, sound solutions for internal/external requestsAbility to problem solve through effective use of procedures and understanding of systems, reporting, internal controls and loan accountingKnowledge of finance and accounting principlesAssociate's degree in accounting, finance, or related field, or an equivalent combination of education and experiencePreferred RequirementsBachelor's degree in accounting, finance or related fieldGeneral understanding of credit related laws and regulationsBenefits Offered by AgWestMedical, dental, and vision insuranceBasic term life and AD&D insurance (fully paid for by the company)Paid days off annually: 15 vacation*, 15 sick, 12 holidays and 3 volunteer401(k) plan (6% match plus 3% employer contribution)Employee Assistance ProgramWellness ProgramJeans are welcome at work every day at AgWest*Vacation accrual rates increase with tenure.



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