What are the responsibilities and job description for the Loan Administration Analyst position at FARMER MAC?
The Loan Administration Analyst is primarily responsible for recording and reconciling all loan related activity on the Farm & Ranch portfolio into the loan accounting system. This role provides front line service to and helps manage relationships with Farmer Mac’s Central Servicer network.
The People You Will Work With
The position will report directly to the Senior Manager of Loan Administration and work closely with other members of Loan Administration as well as the external stakeholders, Central Servicer staff members.
Where and When You Will Work
Farmer Mac embraces a Presence with Purpose work environment, which allows for flexibility of work location while providing the opportunity for teams to come together in the office with purpose. Work outside of core hours may be required for planned and unplanned activities to complete time sensitive projects or to attend off-site meetings or events.
Primary Responsibilities and Duties
- Uploads and reconciles loan payment activities reported by Central Servicers into the loan accounting system
- Ensures components of payments match expected amounts
- Distributes aggregate loan data receipts and reporting to internal stakeholders
- Processes Note modifications in the loan accounting system
- Uploads and reconciles new loan purchase information to ensure completeness in the loan accounting system
- Aggregate and distribute delinquency reporting for downstream users
- Reconciles PNC bank account and moves money accordingly daily
Desired Skills and Qualifications
- Excellent oral and written communication
- Problem solving/critical thinking
- Attention to detail
- Organized with the ability to prioritize and multi-task
- Advanced skills using MS Office applications (MS Access, Word, Excel, PowerPoint)
- Ability to work in a team environment
- Reliability and professionalism
Education and Experience
Bachelor’s degree plus two (2) years of mortgage accounting, reconciliation, 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 $55,000 to $70,000 per year. Compensation will vary based on experience and geographic work location.
Salary : $55,000 - $70,000