Commercial Loan Accounting Specialist

Academy Bank; Kansas City (MO); Hybrid; USD 28,000 - 40,000; Full time

Benefits offered by this job

Medical

Vision

401(k) plan

Short and Long-term disability

Vacation and holidays

Job summary

Academy Bank in Kansas City, MO is seeking a Commercial Loan Accounting Representative to support the Loan Operations team with servicing and maintenance of commercial and business loans, ensuring accurate transactions and records.

You will process loan disbursements, respond to inquiries, prepare payoff calculations and amortization schedules, and perform system updates while upholding policies and regulatory requirements.

Qualifications

• High school diploma or equivalent required.
• 3-5 years of banking, lending, or related financial operations preferred.
• Detail-oriented with strong organizational and communication skills.

Responsibilities

• Process commercial and business loan transactions and related disbursements.
• Respond to inquiries from lending staff and internal partners regarding loan activity and systems.
• Prepare and communicate payoff calculations, amortization schedules, and related loan figures.
• Perform loan system updates and maintenance to ensure accurate records.
• Reconcile assigned loan‑related general ledger accounts and resolve discrepancies.
• Support participation and syndication loan processes by preparing notifications, processing transactions, and booking post‑origination tracking loans.
• Interpret loan documents and perform timely checkbacks to ensure accurate booking of new, renewed, and modified commercial and business loans.
• Complete verification procedures, including wiring instructions confirmations and loan confirmations.
• Manage returned loan correspondence and ensure records are updated appropriately.
• Adhere to company policies, regulatory requirements, and departmental standards.
• Complete required training and uphold the company’s mission, vision, and values.
• Embrace RPA (Robotic Process Automation) and AI-driven tools to improve workflow efficiency.
• Protect all client and bank information confidentially and follow all company policies.
• Complete monthly training in a timely manner to ensure knowledge of bank regulatory requirements, policies, and procedures.
• Other specified duties as assigned.

Skills

Attention to detail

Organization

Communication

MS Office

Copilot

Education

High school diploma or equivalent

Tools

Copilot

Microsoft Office 365

Excel

Job description

Academy Bank in Kansas City, MO is seeking a Commercial Loan Accounting Representative to support the Loan Operations team with servicing and maintenance of commercial and business loans, ensuring accurate transactions and records.

You will process loan disbursements, respond to inquiries, prepare payoff calculations and amortization schedules, and perform system updates while upholding policies and regulatory requirements.