What are the responsibilities and job description for the Loan Reconcilement Specialist II position at Trustmark?
Overview
The primary purpose of this position is to daily reconcile the Trustmark retail loan system to general ledger and depository accounts. Other assignments pertaining to the retail loans are handled by this position as described below.
Responsibilities
- Reconcile loan system to general ledger accounts. This responsibility includes but is not limit to researching, analyzing, and resolving discrepancies (non-reconciling items).
- Utilize the Posting Rejects Journal to research and process rejected loan transactions coming from various sources. These transactions include but are not limited to loan payments, late fees payments, sweep transactions, warehouse payments, consumer and commercial loan advances, automatic draft charges, and ACH items.
- Process loan system charge-downs, charge-offs and write-offs for the Retail Bank.
- Maintain the retail loan portfolio in accordance with the Servicemembers Civil Relief Act.
- Re-amortize and restructure employee loans at the point of termination.
- Support and assist internal and external customers with retail loan, general ledger, credit life, 1098 forms, and dealer reserve inquiries and maintenance.
- Perform additional duties as assigned.
Qualifications
Physical Requirements / Working Conditions : Must be able to sit for long periods of time and use computer keyboard and / or mouse, while viewing computer screens.
Note : This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.
