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Federal Home Loan Bank of Chicago

Loan Administration Associate (Loan Accounting)


Job Information

Posted:

Sunday, February 10, 2013

Modified:

Monday, February 11, 2013

Division:

Accounting

Location: 

Chicago Illinois USA

Job ID:

fhlbc_odC9WfwE (Federal Home Loan Bank of Chicago Job ID)

HireDiversity Job ID:

3588290

Job Text

The Loan Administration Associate is responsible for accounting support in the MPF Loan Administration Department. Responsibilities include; maintaining accounting systems for MPF transactions on a daily and monthly basis, reviewing custodial account reconciliations, monthly Remittance Processes, reviewing GL and DID transactions, responding to MPF Bank and audit inquiries, communicating with the Bank’s Accounting Department, PFIs, MPF Banks, Master Servicer, auditors and outside vendors on loan accounting and reporting issues. The Senior Accountant will prepare and review various complex financial transactions, including journal vouchers, wire transfers and LAS adjustments and create and maintain supporting documentation to substantiate financial transactions and account balances. This position also functions as back-up for MPF Custody department and supports questions from the MPF Help Desk.

Specifications: Bachelor’s degree or equivalent Mortgage Banking work experience.  Familiarity with basic mortgage lending documents. Strong customer service attitude and PC skills. High degree of independent thinking, organization, professionalism, use of logical reasoning and excellent math aptitude. Able to cope with interruptions and handle multiple tasks concurrently. Must have proven ability using MS Excel, MS Access a plus.
 

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