Loan Accounting Analyst

Responsibilities

• Accurately manage and process all loan-related transactions, including funding, payment processing, draws, and disbursements.
• Review funding documentation from the Closing team to ensure accuracy and completeness.
• Collaborate with the Closing team to reconcile payments and disbursements within the Loan Accounting System (LAS).
• Validate loan proceeds distribution and ensure initial transactions align with expected loan balances.
• Perform accurate reconciliation of Demand Deposit Accounts (DDAs) associated with partners.
• Maintain detailed records for audit and compliance purposes in adherence to internal policies and external regulations.
• Identify and suggest process improvements to enhance efficiency and accuracy in loan accounting.

Requirements

• High School Diploma or GED.
• 3+ years of experience in loan or general accounting.
• 1+ years of experience in creating and documenting processes and procedures.
• Experience in payment processing (e.g., leasing, syndications, mortgages, or related financial services).
• Proficiency in Microsoft Office, specifically Word, Excel, and Outlook.
• Ability to travel up to 10% of the time for onsite meetings.
• Ability to work full-time with flexibility for 8-hour shifts and occasional overtime.

Preferred Qualifications

• Experience with SQL or Power BI.
• Familiarity with loan management systems (LAS).
• Familiarity with commercial and consumer loan operations.
• Basic knowledge of documentation and procedures to secure and perfect bank collateral.
• Understanding of commercial and consumer lending regulatory and compliance components.

Benefits

• Comprehensive health plans and coverage to support wellness.
• Financial benefits including retirement planning and 401k contributions.
• Incentive and recognition programs.
• Equity stock purchase options.
• Paid training and professional development opportunities.

About the Company

Optum is a global organization that delivers care, aided by technology, to help millions of people live healthier lives. We are part of UnitedHealth Group, working to improve health outcomes by connecting people with the care, pharmacy benefits, data, and resources they need to feel their best.