Loan Accounting Analyst

Job description

Summary The Loan Accounting Analyst I is responsible for loan servicing by analyzing general ledger activity, maintaining account records, and processing payments with accuracy and timeliness. The role focuses on reconciling transactions, resolving discrepancies, and ensuring compliance with company policies and regulations. The Analyst collaborates with internal teams and external partners to support reporting and drive process improvements through automation. Responsibilities: - Reconcile payment activity, research and resolve discrepancies, and correct misapplied or returned payments. - Prepare, balance, and maintain daily reports, payment batches, and transaction records for audit and compliance. - Communicate with borrowers, branches, and internal teams to resolve payment issues and account inquiries. - Apply loan payments to customer accounts with accuracy and attention to detail. - Ensure all payment processing and account adjustments comply with company policies and applicable regulations (e.g., FDCPA, Fair Credit Reporting Act). - Assist with payoff requests, payment adjustments, and loan modifications after securing required approvals. - Maintain borrowing base loans and...