Analyst - Loan Accounting

The Analyst

• Loan Accounting provides support in accounting, recording, and reporting for the Farmer Mac USDA Loans portfolio and recording of payments on other loan portfolios. This role is part of the front-line service to and managing of relationships with investors and seller banks.

With Whom You Will Work

The position will report directly to the Manager

• Loan Accounting and Reporting and liaison with other members of the Servicing team as well as Accounting, Finance, Loan Servicing, Business Development, and Legal departments.

Where and When You Will Work

The position will be based in the Farmer Mac Johnston, Iowa, location. Core business hours are Monday through Friday 8:00 am to 5:00 p.m. Central. Work outside of these times may be required for planned and unplanned activities to complete time sensitive projects.

Primary Responsibilities and Duties

• Perform calculations of debt service for Farmer Mac USDA loans and full serviced loan portfolios

• Post receipts and disbursements for the Farmer Mac USDA loan portfolio within the servicing software

• Post payments received by check, wire, ACH and lockbox on the full serviced loan portfolios Perform bank account reconciliations

• Complete changes due to service actions on the USDA loan portfolio in the servicing software to ensure maximum utilization is achieved

• Fund Farmer Mac USDA weekly settlements in the servicing software

• Calculate amounts due for USDA loans over 180 days delinquent. Prepare letters and track loans throughout the demand for repurchase process

• Prepare custom collection reports for Farmer Mac USDA seller banks Update index values in servicing software

• Provide back-up to Senior Administrator

• Provide front line customer service to Farmer Mac, Investors, seller banks, field servicers, and borrowers

• Test new versions of servicing software

• Assist with internal and external audits and reviews Assist with staff training

• Perform other duties as assigned

Desired Skills and Qualifications

• Problem solving/critical thinking. Attention to detail.

• Experience in customer service

• Excellent communication and interpersonal skills Organized with the ability to prioritize and multi-task. Ability to work in a team environment.

• Reliable and professional

Education/Experience

Bachelor's degree plus two (2) years mortgage accounting and reporting experience; or equivalent combination of education and experience.

Our compensation philosophy is targeted pay positioning relative to peers, our industry, and external markets. Farmer Mac is committed to a compensation program that will enable the organization to attract, motivate, reward, and retain highly skilled and creative talent to maintain sustained long-term performance and achieve the organization's strategic business objectives. The typical base pay range for this role is $53,000 to $59,000.

Farmer Mac is an equal opportunity employer.

NO EMPLOYEE OR JOB APPLICANT WILL BE DENIED OPPORTUNITIES OR BENEFITS AT FARMER MAC BASED ON RACE, RELIGION, COLOR, SEX, AGE, NATIONAL ORIGIN, DISABILITY, VETERAN STATUS, CITIZENSHIP STATUS, GENETIC INFORMATION, OR ANY OTHER BASIS PROHIBITED BY APPLICABLE LAW.

Farmer Mac has adopted an affirmative action program plan to create a workforce that is an accurate reflection of the demographics of the qualified available workforce in the relevant job market. A summary report is available upon request.