Loan Operations Analyst (Accounting and Reconciliation Focus)

SolomonEdwards; Saint Paul (MN); Hybrid; USD 61,992 - 75,768; Full time

Benefits offered by this job

Health insurance

Sick leave

401(k)

Job summary

SolomonEdwards is hiring a Loan Accounting Analyst in St. Paul, MN. The role involves end-to-end accounting and reconciliation for loan portfolios, ensuring accuracy in cash movements and resolving discrepancies. The ideal candidate has 3+ years of experience in loan accounting, strong Excel skills, and a bachelor’s in Accounting or Finance. This hybrid position allows onsite work 3 days and remote work 2 days a week, offering competitive pay between $45-$55 per hour and comprehensive benefits.

Qualifications

• 3+ years of loan accounting experience within banking, commercial real estate, capital markets, or mortgage environments.
• Experience with cash and account level reconciliations.
• Hands-on experience in cash posting or cash management.

Responsibilities

• Perform daily and monthly cash and account reconciliations across loan portfolios and investor accounts.
• Execute and validate cash posting activities, ensuring accuracy.
• Conduct transaction-level research and resolution of discrepancies.

Skills

Reconciliations (cash and/or account level)

Cash posting or cash management

Transaction research and discrepancy resolution

Strong understanding of loan lifecycle accounting

Proficiency in Excel

Education

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Bachelor’s degree in related field

Tools

Excel

Loan IQ

AFS

Job description

Position Summary

We are seeking a Loan Accounting Analyst, also referred to as a Loan Accounting Analyst/Cash Reconciliation Analyst, with hands‑on experience in loan accounting within a banking, commercial real estate (CRE), capital markets, or mortgage environment.

This role is responsible for end‑to‑end accounting and reconciliation activities across loan portfolios and investor accounts, including tracking cash movements, conducting transaction‑level research, and resolving discrepancies in a high‑volume, deadline‑driven environment.

This is a hybrid position in St. Paul, MN (onsite 3 days a week/remote 2 days).

Responsibilities

• Perform daily and monthly cash and account reconciliations across loan portfolios and investor accounts, ensuring completeness and accuracy.
• Execute and validate cash posting/cash application activities, including tracking fund movements across multiple accounts.
• Conduct transaction‑level research and break resolution, identifying root causes and resolving discrepancies independently.
• Support loan accounting processes, including principal and interest activity, paydowns, and portfolio‑level cash balancing.
• Partner with operations, servicing, and finance teams to resolve reconciling items and ensure proper accounting treatment.
• Maintain documentation and support audit, SOX, and internal control requirements.
• Identify process gaps and contribute to process improvements within reconciliation and cash management workflows.

Qualifications

• 3+ years of loan accounting experience within banking, commercial real estate (CRE), capital markets, or mortgage environments (required).
• Hands‑on experience with:
  • Reconciliations (cash and/or account level)
  • Cash posting or cash management
  • Transaction research and discrepancy resolution
  • Strong understanding of loan lifecycle accounting and cash flow movement.
• Proficiency in Excel (pivot tables, lookups, data analysis).
• Bachelor’s degree in Accounting, Finance, or related field.

Skills and Job‑Specific Competencies

• Experience with investor reporting or investor accounting.
• Exposure to loan servicing or loan accounting systems (e.g., Loan IQ, AFS, or similar).
• Background supporting CRE portfolios or structured finance/capital markets products.

Travel Requirements

No travel will be required, unless at the client’s discretion.

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be provided to qualified applicants or candidates with disabilities upon request to enable them to perform essential functions. This role may require mobility to attend in‑person meetings, sitting or standing for extended periods, and the use of telephone, computer, or other electronic communication devices.

Salary Range

SolomonEdwards values your unique and individual experience and background. As such, we take a comprehensive approach when determining compensation for our roles. The compensation for this specific role is based on a wide range of factors, including but not limited to education, licensure and certifications, location, experience, and training. A reasonable estimate for the current hourly range for this role is $45 – $55.

Benefits

We are committed to providing health and financial stability by offering a comprehensive suite of benefits. Benefits include access to top‑tier employers and job opportunities, health insurance, sick leave, and 401(k).

Inclusion and Diversity Statement

SolomonEdwards is an Equal Opportunity/Affirmative Action employer. We firmly believe in fostering an inclusive and diverse workplace environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, veteran status, or any other characteristic protected by applicable laws. All employees, including managers and supervisors, are responsible for upholding our EEO and diversity principles. Discrimination or harassment of any kind will not be tolerated.