Loan Administration Accounting Intern bei Quontic Bank

Primary responsibility will be to assist with the reconciliation of loan servicing general ledger and DDA accounts, ensuring accurate tracking of items for completion. Additionally, supporting the team in addressing the backlog of reconciling items, identifying amounts to be offset, refunded to customers, or written off.

Job Responsibilities:

• Support the team on data entry and audits, physical mail management, and general loan servicing tasks.

• Assist in the reconciliation of loan servicing general ledger and DDA accounts on a regular basis

• Ensure accurate tracking of items in the reconciliation process to facilitate timely completion

• Collaborate with team members to research and resolve discrepancies found during the reconciliation process

• Support the Loan Administration team in addressing the backlog of reconciling items

• Identify amounts that need to be offset, refunded to customers, or written off based on established guidelines and procedures

• Prepare reports and documentation related to reconciliation activities for review and analysis.

• Assist in maintaining accurate records and documentation of all reconciliation activities

• Stay updated on relevant industry regulations and guidelines to ensure compliance with accounting standards

• This is a paid part-time internship opportunity

• Compensation will be commensurate with experience and qualifications

Requirements

Education and Experience Requirements:

• Currently pursuing a degree in Accounting, Finance, or a related field.

• Prior experience or coursework in reconciliations or financial analysis is preferred.

Additional Requirements:

• Strong analytical and problem-solving skills with a keen attention to detail

• Proficient in Microsoft Excel and other accounting software

• Excellent organizational and time management abilities

• Ability to work effectively both independently and as part of a team

• Strong written and verbal communication skills

• Familiarity with loan administration processes and general accounting principles is a plus

• Responsive and customer-focused with a demonstrated use of professional judgment

The above is merely a description.  Responsibilities and duties are not limited to the above. Quontic reserves the right to change job descriptions at any time.

Benefits

This role's hourly rate is $17 to $20.