Loan Accounting Specialist

4 weeks ago


Olney, Maryland, United States TrustBank Full time
Job Summary

This role requires the necessary skills and knowledge to manage all assigned duties of loan accounting and related customer and internal loan servicing. This position performs a variety of operational and administrative functions supporting the Loan Accounting Department.

Key Responsibilities
  • Treat all customers in a professional and courteous manner as described in the TrustBank Superior Service Commitment and execute the duties of the job within the TrustBank Values framework.
  • Assist customers and employees with any loan related questions or issues.
  • Upload and service all loans on the core banking system. Including making appropriate general ledger entries and requesting payment of invoices.
  • Maintain escrow accounts, make disbursements, conduct annual escrow analysis reviews.
  • Manage Uniform Commercial Code (UCC) Portfolio & File UCC's (new and continuations etc. with the appropriate county or state).
  • Oversight of loan Participation relationships with other banks.
  • Review daily reports and make any necessary corrections.
  • Process miscellaneous loan payments, ACH payment requests, loan advances, and Payoff requests.
  • Monthly reporting to 3rd party vendors including but not limited to: Freddie Mac, Proctor, IAC, ARCH, SBA, etc.
  • Lease accounting and servicing.
  • Prepare reports for lenders and board of directors on a scheduled basis and ad-hoc reports as needed.
  • Monitoring of Floor plan loans ensuring collateral inventory and related values are tracked.
  • Process billings, past due and rate change notices.
  • Monitor insurance requirements for loans. Update notifications on system. Force place insurance when required.
  • Order loan coupon books.
  • Review and assign CECL/Risk ratings to new loans.
  • Provide back-up to miscellaneous Accounting Department functions.
Working Conditions

The position is a full-time position, working a minimum of 40-hours per week. The hours are Monday – Friday, 8 AM – 5 PM. Noise levels may vary. The duties of the job may require the employee to stand, walk, use hands, and feel objects, tools, or controls, reach with hands, arms and talk or hear. Ability to lift up to 25-pounds. Vision abilities include close vision, distance vision, peripheral vision, depth perception and the ability to focus. Travel is minimal.

Benefits

Competitive Compensation with discretionary year-end bonus.

Comprehensive employee benefits, including medical, dental, vision, disability, life insurance, HSA contribution, and Section 125

Paid vacation, sick, personal, plus federal holidays

401k with ESOP and a discretionary employer match in bank stock

Tuition reimbursement



  • Olney, Maryland, United States TRUSTBANK Full time

    JOB DESCRIPTIONTITLE: LOAN ACCOUNTANTDEPARTMENT: ACCOUNTINGREPORTS TO: SENIOR LOAN SERVICER/ACCOUNTING OFFICERFLSA STATUS: NON-EXEMPTTYPE OF POSITION: FULL-TIME, NOT REMOTEJOB SUMMARYThis position demands a proficient understanding of loan accounting and the ability to manage related customer and internal loan servicing tasks. The Loan Accountant will engage...


  • Olney, Maryland, United States TRUSTBANK Full time

    JOB DESCRIPTIONTITLE: LOAN ACCOUNTANTDEPARTMENT: ACCOUNTINGREPORTS TO: SENIOR LOAN SERVICER/ACCOUNTING OFFICERFLSA STATUS: NON-EXEMPTTYPE OF POSITION: FULL-TIME, NOT REMOTEJOB SUMMARYThis position demands a comprehensive understanding of loan accounting principles and the ability to manage all responsibilities associated with customer and internal loan...


  • Olney, Maryland, United States TRUSTBANK Full time

    JOB DESCRIPTIONTITLE: LOAN ACCOUNTANTDEPARTMENT: ACCOUNTINGREPORTS TO: SENIOR LOAN SERVICER/ACCOUNTING OFFICERFLSA STATUS: NON-EXEMPTTYPE OF POSITION: FULL-TIME, NOT REMOTEJOB SUMMARYThis position demands a proficient understanding of loan accounting and related customer service and internal loan management. The role encompasses a variety of operational and...


  • Olney, Maryland, United States TRUSTBANK Full time

    JOB DESCRIPTIONTITLE: LOAN ACCOUNTANTDEPARTMENT: ACCOUNTINGREPORTS TO: SENIOR LOAN SERVICER/ACCOUNTING OFFICERFLSA STATUS: NON-EXEMPTTYPE OF POSITION: FULL-TIME, NOT REMOTEJOB SUMMARYThis position necessitates the expertise and proficiency to oversee all assigned responsibilities related to loan accounting and associated customer and internal loan servicing....


  • Olney, Maryland, United States TRUSTBANK Full time

    JOB DESCRIPTIONTITLE: LOAN ACCOUNTANTDEPARTMENT: ACCOUNTINGREPORTS TO: SENIOR LOAN SERVICER/ACCOUNTING OFFICERFLSA STATUS: NON-EXEMPTTYPE OF POSITION: FULL-TIME, NOT REMOTEJOB SUMMARYThe Loan Accountant is responsible for executing all essential functions related to loan accounting and providing support for both customer and internal loan servicing. This...


  • Olney, Maryland, United States Care Team Solutions Full time

    Job Title: Travel Nurse ICU SpecialistCare Team Solutions is seeking a skilled Travel Nurse ICU Specialist to join our team in Olney, Illinois.Job Description:Specialty: Intensive Care UnitDiscipline: Registered NurseDuration: 13 weeksShift: 12 hoursHours Per Week: 36 hoursEmployment Type: TravelAs a Travel Nurse ICU Specialist, you will have the opportunity...


  • Olney, Maryland, United States Next Move Healthcare Full time

    Job Title: Travel Nurse ICU SpecialistNext Move Healthcare is seeking a skilled Travel Nurse ICU Specialist to join their team for a travel nursing job in Illinois.Job Description:Specialty: ICU - Intensive Care UnitDiscipline: RNDuration: 13 weeksShift: 12 hours, nightsEmployment Type: TravelBenefits:Health savings accountDental benefitsVision...


  • Olney, Maryland, United States Next Move Services Full time

    Next Move Services is seeking a travel nurse ICU specialist for a travel nursing opportunity in Illinois.**Job Details:*** Specialty: ICU - Intensive Care Unit* Discipline: RN* Duration: 13 weeks* Hours per week: 36* Shift: 12 hours, nights* Employment Type: Travel**Benefits:*** Health savings account* Dental benefits* Vision benefits* Benefits start day 1*...


  • Olney, Maryland, United States Outpatient Imaging Affiliates Full time

    Job SummaryWe are seeking an experienced Diagnostic Imaging Specialist to join our team at Outpatient Imaging Affiliates. As a key member of our imaging center, you will be responsible for performing breast imaging procedures and related techniques, producing high-quality data for interpretation by licensed practitioners.Key ResponsibilitiesPerform breast...


  • Olney, Maryland, United States Sandy Spring Bancorp Full time

    About the JobSandy Spring Bancorp is a community lender committed to serving our footprint aggressively with highly competitive product offerings. Our mortgage department includes in-house processing, underwriting, portfolio and secondary market lending.Job SummaryWe are seeking a skilled Mortgage Banker to acquire and deepen relationships with clients...


  • Olney, Maryland, United States Sandy Spring Bank Full time

    About the Role:Sandy Spring Bank is seeking a seasoned professional to fill the position of Director of Capital Markets. This individual will be responsible for overseeing the Mortgage Division's Capital Markets, Product Development, Post-Closing, Finance, Consumer Product, and Pricing functions.Key Responsibilities:Capital Markets: Coordinate all...


  • Olney, Maryland, United States Spero Family Services Full time

    Empower Individuals and FamiliesSpero Family Services is seeking a compassionate and dedicated Community Based Social Worker to facilitate and coordinate services for those experiencing complex challenges. As a key member of our team, you will play a vital role in ensuring individuals receive the support and resources necessary to achieve their goals and...

  • Physical Therapist

    7 days ago


    Olney, Maryland, United States NovaCare Rehabilitation Full time

    Position OverviewWe are seeking a skilled Physical Therapist to join our team at NovaCare Rehabilitation in Olney, MD.Key ResponsibilitiesEvaluate and treat patients with various needs, including orthopedic, sports medicine, vestibular, and pelvic health conditions.Develop and implement personalized rehabilitation plans to improve patient...

  • Physical Therapist

    4 days ago


    Olney, Maryland, United States NovaCare Rehabilitation Full time

    About the RoleWe are seeking a highly skilled and compassionate Physical Therapist to join our team at NovaCare Rehabilitation in Olney, MD. As a Physical Therapist in our Ortho/Oncology department, you will have the opportunity to work with a diverse patient population and contribute to the development of personalized rehabilitation plans.Key...


  • Olney, Maryland, United States Arbor Company Full time

    Unlock Your Potential as a Certified Nursing Assistant at Arbor CompanyArbor Company, a renowned provider of luxurious assisted living services, is seeking highly skilled Certified Nursing Assistants (CNAs) to join their team in Fulton, MD.About the Role:Provide exceptional, personalized care to support seniors in their activities of daily living.Encourage...


  • Olney, Maryland, United States TRUSTBANK Full time

    Job SummaryTrustBank is seeking a highly skilled BSA and Compliance Officer to join our team. As a key member of our Risk Management department, this individual will be responsible for overseeing the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) programs, ensuring compliance with all relevant regulations and laws.Key ResponsibilitiesDevelop and...


  • Olney, Maryland, United States TRUSTBANK Full time

    Job SummaryAs a BSA and Compliance Officer at TrustBank, you will be responsible for overseeing the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) programs, ensuring compliance with all banking laws and regulations. This includes monitoring and reporting suspicious activity, as well as providing training and implementation throughout the...


  • Olney, Maryland, United States TRUSTBANK Full time

    Job Title: BSA and Compliance OfficerTrustBank is seeking a highly skilled BSA and Compliance Officer to join our team. As a key member of our Risk Management department, you will be responsible for ensuring the bank's compliance with all banking laws and regulations, with a focus on the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations.Key...


  • Olney, Maryland, United States Accountable Healthcare Staffing Full time

    Job DetailsAccountable Healthcare Staffing is seeking a skilled travel nurse to fill a position in the Emergency Department.Key ResponsibilitiesProvide high-quality patient care in a fast-paced emergency setting.Collaborate with a multidisciplinary team to ensure seamless patient care.Develop and implement effective treatment plans to meet the unique needs...


  • Olney, Maryland, United States TRUSTBANK Full time

    Job Title: BSA and Compliance OfficerTrustBank is seeking a highly skilled BSA and Compliance Officer to join our team. As a key member of our Risk Management department, you will be responsible for ensuring the bank's compliance with all banking laws and regulations, with a focus on the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) programs.Key...