TrustBank · 16 hours ago
Loan Accountant
Olney, IL
Full-time
Onsite
New Grad, Entry Level
$22.60/hr - $25.48/hrTrustBank is a community-focused organization seeking a driven Loan Accountant to join their team. The role involves managing loan accounting duties, supporting loan servicing operations, and ensuring compliance with banking regulations while providing exceptional customer service.
Financial ServicesVenture Capital
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
Process miscellaneous loan payments, ACH payment requests, loan advances, and Payoff requests
Upload and service all loans on the core banking system. Including making appropriate general ledger entries and requesting payment of invoices
Review daily reports and make any necessary corrections
Process billings, past due and rate change notices
Monitor insurance requirements for loans. Update notifications on system
Manage Force placed insurance Program
Monitoring of Floor plan loans ensuring collateral inventory and related values are tracked
Order loan coupon books
Review and assign CECIL/Risk ratings to new loans
Oversight of Loan Participation relationships with other banks
Lease accounting and servicing
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)
Monthly reporting to 3rd party vendors including but not limited to: Freddie Mac, Proctor, IAC, ARCH, SBA, etc
Prepare reports for lenders and board of directors on a scheduled basis and ad-hoc reports as needed
Provide back-up to miscellaneous Accounting Department functions
Qualification
Required
Strong customer service skills
Analytical skills
Problem solving skills
Attention to detail
Ability to navigate loan transaction detail and grasp related accounting logic
Ability to maintain and reconcile records associated with customer loan transactions
Ability to follow internal directives on loan accounting matters in a timely and accurate manner
Compliance with established bank policies, procedures, and banking regulations
Benefits
Discretionary annual bonus
Generous benefits offering
Company
TrustBank
TrustBank is a bank that provides personal banking, business banking, commercial loans, investments, and retirement plans services
Founded in 1912
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
D
Daniel Eichelberger
President and CEO
E
Emily Stephenson
Chief Financial Officer
Recent News
Global Trade Review
2025-03-26
2024-05-01
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