Capital Markets Loan Operations Associate 1901

Join a team focused on the success of our customers the success of our communities and the success of each other. Farm Credit East (FCE) is the leading provider of loans and farm advisory services to farm forest product fishing and other agricultural business owners across the northeast with $11.7 billion in total loan volume and $29 million in annual financial services revenue from 18000 customers across our 8state territory. We are One Team Working Together with a focus on our five pillars: Outstanding Customer and Employee Experience Quality Growth Operational Excellence Commitment to our Communities and Protecting Customer Information.

The Loan Operations Associateserves in an operational capacity to support efficient functioning and monitoring of Farm Credit Easts Capital Markets group. This group serves the largest Farm Credit East customers and purchased participation loans from across the country. The Operations team member handles the accounting and monetary functions of the lending relationship ensuring loan transactions are accounted for and funded correctly and according to Farm Credit East FCA and partner bank regulations policies and procedures. This role strives to promote good customer and public relations to support an exceptional experience for both customers and internal employees. This role is mindful of all phases of the credit delivery process and takes responsibility for meeting the needs of both internal and external customers.

The value drivers for this role are as follows:
Ensures accurate accounting and funding of Capital Markets loans fueling Association loan growth.
Provides quality control for internal reporting and loan documentation fueling operational excellence.

Come join a collaborative customerfocused team at Farm Credit East!

Duties and Responsibilities:

Loan Accounting

• Maintains accurate general ledger account records
• Processes monetary transactions including loan disbursements wires ACHs and customer payments including proper documentation
• Provides loan activity notification to participating banks within timeframes established in ACA operational procedures
• Process rate changes as required
• Completes manual billings for assigned customers on a timely basis
• Reviews accounting system reports to ensure exceptions are identified and corrected. Corrects accounting system rejects within 2 days. Follows up on recently processed loan actions to correct loan rejects and ensure billing is scheduled according to the approval and note.

Job Qualifications and Requirements:

• This position requires an Associates or Bachelors degree in Agriculture AgriBusiness Economics Finance Business or a related field.
• This position is primarily conducted out of a physical Farm Credit East office location in order to effectively serve local customers. Farm Credit East requires new employees to work at their assigned office location for the first 2 weeks of their employment. After 2 weeks of acceptable performance the employee is eligible for a hybrid working structure of 4 days inoffice and 1 day working from home each week.

Compensation and Benefits:

• Salary Range: $50000 $65000 commensurate with experience

• Short Term Incentive to reward business results

• Retirement Contributions:

  • 401(k) match up to 6 of salary; or for those unable to take full advantage of the 401(k) match verified student loan payments may qualify for an employer match in your 401(k) up to 6 of salary

  • Defined Contribution retirement plan funded at 29 of salary depending on years of service

• Time Off:

  • 1525 days of vacation leave per year depending on years of service

  • 12 days of holiday leave per year

  • 7.5 days of sick leave in your first year followed by 12 days of sick leave per year thereafter; unlimited rollover of unused sick leave year to year

• Health and Insurance:

  • Comprehensive medical dental and vision plans including preventive care and wellness programs to support your overall health and wellbeing

  • Health Savings Account

  • Life insurance at 2x base pay

  • Accidental Death and Dismemberment insurance at 2x base pay

  • Longterm disability insurance at 2/3 base pay

• Additional Benefits:

  • Tuition reimbursement

  • Continuing education and training

  • Employee Assistance Program offering a wide variety of tools and resources

Farm Credit East is an Equal Opportunity Employer. As an Equal Opportunity Employer we do not discriminate on the basis of race color religion national origin sex sexual orientation gender identity or expression age marital status parental status political affiliation disability status protected veteran status genetic information or any other status protected by federal state or local law. It is our goal to make employment decisions that further the principle of equal employment opportunity by utilizing objective standards based upon an individuals qualifications for a specific job opening. In compliance with the Americans with Disabilities Act (ADA) if you have a disability and would like a reasonable accommodation in order to apply for a position with Farm Credit East please callor email.