Loan Accounting Intern at AgWest Farm Credit

Spokane, Washington, United States -

Full Time

Start Date

Immediate

Expiry Date

11 Jun, 26

Salary

22.0

Posted On

13 Mar, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan Accounting, Processing Fund Requests, Rate Changes, Fee Reconciliations, Accounting, Communication, Analytical Aptitude, Teamwork, Computer Skills, Microsoft Word, Excel, Outlook, Time Management, Attention To Detail

Industry

Financial Services

Description

AgWest Farm Credit is a member-owned financial cooperative that provides financing and related services to farmers, ranchers, agribusinesses, commercial fishermen, timber producers, rural homeowners and crop insurance customers in a seven-state territory in the Western United States. AgWest is part of the 100+ year-old Farm Credit System – the leading provider of credit to American agriculture. AgWest champions the growth and advancement of agriculture, the value of rural communities, and the vital contribution our customers make to the economy and society. We serve customers in 59 locations throughout the West. We are in search of a Loan Accounting Intern to join our Loan Accounting department in Spokane, Washington (Headquarters). This temporary position reports to the VP, Loan Accounting and is responsible for performing entry-level loan accounting activities including processing fund requests, rate changes and fee reconciliations. Training will be provided to set the successful candidate up for success in performing the duties of this role. We offer a flexible, 20-25 hours a week schedule and many learning opportunities. Compensation Information $22.00 per hour Job Requirements Process funding requests, receipts, and rate changes for AgWest's portfolio of loans. Provide accounting for loans purchased and/or sold by AgWest. Communicate with other lending institutions regarding AgWest's loan accounting activities, to ensure compliance with the loan documents. Build unused fee reconciliations history in Excel spreadsheets. Manage the communication flow of work queue requests and group email to effectively assign work and complete requests. Provide back-up support for all Loan Accounting processes and transactions, general ledger entries and related reconciliations, as assigned. Assist with special projects. Minimum Qualifications Pursuing a bachelor's degree in business, economics, finance, accounting or related field Preference for students in their Junior or Senior year Communication and analytical aptitude Teamwork skills demonstrated through involvement in extracurricular activities and/or outside work experience Strong computer skills; proficient with Microsoft Word, Excel, and Outlook Excellent time management skills with a proactive approach to deadlines Strong attention to detail Completion of the online application including uploading transcripts (unofficial okay) and a cover letter (not required, but recommended) Job level and starting annual salary will be based on a variety of factors including but not limited to experience, education, certifications/licensure, internal equity, location, business needs and market demands. The listed compensation and benefits information is accurate as of the posting date. AgWest reserves the right to adjust compensation for all positions and modify or discontinue benefits programs at its sole discretion, subject to applicable law. Qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender orientation, national origin, marital status, age, disability, protected veteran status, or any other classification protected by law. When you apply for a position with AgWest Farm Credit, we collect personal identifiers (from your resume and other application information you submit), such as your name, email address, mailing address, telephone number(s) and employment and education related information. This helps us evaluate job applicants for hiring opportunities, and, communicate with them. To comply with federal regulations for equal employment opportunity and affirmative action (EEO/AA), we track our applicants by gender, race/ethnicity, veteran status, disability status, and the position for which they applied. You will be presented with a voluntary self-identification form as part of this application; we wanted you to know why we collect this information and what we do with it. Please be aware that this information is kept separate from your application, and not utilized in the selection process. For more information about the information AgWest Farm Credit collects, please see the AgWest Farm Credit California Privacy Policy.

Responsibilities

This entry-level role involves performing various loan accounting activities such as processing fund requests, managing rate changes, and reconciling fees for the company's loan portfolio. Responsibilities also include providing accounting for purchased/sold loans and communicating with other lending institutions for compliance.