Apply on Employer Site

Kapital Bank · 3 months ago

Loan Accounting Analyst

Rockville, MD

Full-time

Onsite

Mid, Senior Level

6+ years exp

Capital Bank N.A. is a publicly traded company headquartered in Maryland that provides commercial and consumer banking services. The Loan Accounting Analyst is responsible for delivering high-quality customer service while managing loan support accounting and ensuring compliance with the Bank's policies and legal requirements.

BankingFinanceFinancial ServicesInsurance

Growth Opportunities

Responsibilities

Completes loan support accounting and GL functions for new and renewed loans:

Verifies loan information by comparing data and confirming that the coding is accurate and in compliance with Bank’s policy and legal requirements

Updates Core and Ancillary Systems to accurately affect loan reporting and daily reconciliation

Review closing packages for codes and figures

Prepare the forms for input into the loan accounting system. Prepares and enters loan transactions to the Bank’s core to help ensure costs associated with the loan are posted to the correct general ledger accounts

Ensure Loan GL Recons provided by the Accounting Department are managed daily

Tracks accounts payable invoices for loans and research when payment inconsistencies arise

Prepares lien releases and sends to appropriate party for processing

Ensures payoff and release documentation is timely uploaded to Imaging System

Ensures the collateral records in the loan accounting system are properly updated to reflect any released or changed collateral

Performs transactions and manages request queues to meet department SLAs, such as:

Loan Research

GL Research

Loan Transactions

GL corrections

Assist with training less experienced staff in department processes and procedures

Helps manage workflow during high volumes

Suggests solutions and assistance with implementation of new processes and procedures

Works with accounting to research transactions and reconciliation of loan gls

Leads organization efforts within the department to help streamline processes

Skilled at bank loan transactions and practices

Other Duties as Assigned, such as:

Provides documents for internal and external auditors

Assists with special projects

Participates in any department activities to promote efficiency and quality

Cross trains to learn other job duties within the department

Qualification

Loan GL managementLending policies knowledgeMicrosoft Office SuiteFiServ Premier & NavigatorExcel proficiencyAptitude to learn softwareCollateral perfection knowledgeCommunication