Loan Accounting Transaction Specialist

Capital Farm CreditCollege Station, TX
11hOnsite

About The Position

Capital Farm Credit is the largest rural lending cooperative in Texas, serving 192 counties through nearly 70 credit offices. With over $12 billion in assets and more than 600 team members, we provide essential financial services to farmers, ranchers, rural homeowners, and agribusinesses. As part of the nationwide Farm Credit System, we are dedicated to supporting rural communities and agriculture. We seek motivated individuals who share our core values: commitment, trust, value, and family-like respect. As a customer-owned cooperative, we align employee success with member success, offering competitive pay, growth opportunities, and a supportive environment. At Capital Farm Credit, you’ll find more than a job—you’ll find purpose. This position will be located in our office in College Station, Texas.

Requirements

  • Associate or bachelor’s degree in accounting, business, finance, or a related field preferred or equivalent experience.
  • zero (0) to three (3) years of accounting or related business experience in the operation, maintenance, and end-user support of loan accounting, including two or more years of loan origination, loan accounting, or related business experience, as well as experience in customer service.
  • Experience in the operation, maintenance, and end-user support of loan accounting, cash management, general ledger, and/or other loan accounting systems preferred.

Nice To Haves

  • Position requires the ability to organize and handle multiple, concurrent tasks at once, and accomplish accurate, detailed tasks in short time frames.
  • Must be able to adapt to and operate complex loan accounting systems quickly and accurately.
  • Ability to learn and adapt to new applications and technology quickly.
  • Position requires strong written and oral communication skills.
  • Intermediate skill level in Microsoft Office applications.
  • Problem solving skills including problem identification, fact-finding, research, analysis, and solution development.
  • Ability to explain loan accounting treatments to others.
  • Ability to conduct group or individual training sessions.
  • Must be self-motivated and able to work with minimal supervision to complete assigned projects.
  • Must have the ability to work closely with others.
  • Ability to negotiate/resolve differences, provide feedback, as well as formulate well-thought-out solutions and gathering appropriate information.
  • Ability to confidently speak in public.

Responsibilities

  • Works with Credit Office personnel on posting of all loan accounting transactions related to payments, disbursements, and other income sources submitted by Association offices. Coordinates with credit offices to ensure proper and accurate accounting.
  • Process transaction reversals.
  • Conducts reconciliation and reporting as required.
  • Ensures compliance with laws and regulations (including Regulation Z, RESPA, high-risk accounting, etc.), bankruptcy settlement agreements, procedures, and guidelines for loan accounting transactions related to payments, disbursements, and other income sources.
  • Communicates frequently with supervisor to ensure appropriate resources are available to process transactions accurately and timely.

Benefits

  • Incentive Program: Company-wide, goals-based rewards.
  • Accrued Time Off: Earn 13 days of annual leave and 15 days of sick leave per year, plus enjoy 12 paid holidays annually.
  • Retirement: 401(k) with up to 9% employer contribution/match.
  • Health Coverage: Affordable medical, dental, and vision plans.
  • Parental Leave: 8 weeks of paid parental leave.
  • Life & Disability Insurance: Employer-paid coverage.
  • Education & Wellness: Tuition reimbursement and up to $400 for wellness expenses.
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