Capital Bank, N.A. · 12 hours ago
Loan Accountant
Rockville, MD
Full-time
Hybrid
Mid Level
$65K/yr - $90K/yr
3+ years expCapital Bank, N.A. is a publicly traded company providing commercial and consumer banking services. The Loan Accountant role involves ensuring financial accuracy and regulatory compliance through detailed loan accounting, reconciliation, and reporting activities.
BankingCommercial LendingFinanceFinancial Services
Responsibilities
Perform daily, weekly, and monthly reconciliations for all loan-related general ledger accounts, including retained and serviced principal, accrued interest, deferred fees/costs, escrow, participations, and charge-offs
Complete transactions and manage request queues to meet departmental SLAs for GL-related research and corrections
Review and validate loan system-to-GL interfaces for accuracy; research and resolve discrepancies promptly
Review and validate core loan system data to other loan data systems to ensure accuracy; perform reconciling adjustments swiftly
Track Loan-related invoices for proper treatment and corrections, as needed
Complete regular exception testing to ensure quality control in loan coding, deferred fee/costs, interest rates, accrual methods, and other items impacting financial
Support in the maintenance of accurate accounting of unearned income, premium/discount amortization, and nonaccrual interest
Support month‑end and quarter‑end closing activities, ensuring timely and accurate entries and reporting
Partner closely with Finance to answer reconciliation questions
Serve as a subject matter expert on loan system functionality, setups, and configuration as it relates to GL mapping, deferrals, accruals, and other specifications impacting loan accounting
Partner with the Product Owner for the Core Banking System to maintain loan system tables, rate schedules, product configurations, and accounting parameters
Partner with Accounting and Loan Operations in testing impact of new system releases, patches, and enhancements
Maintain detailed records of transactions completed with supporting documentation and approvals, as required
Define and oversee adherence to GL transaction processes and procedures followed by Loan Operations staff
Collaborate with Loan Operations to ensure accounting alignment with booking practices, participation agreements, and servicing requirements
Review and validate complex loan structures (construction, participations, syndicated loans, variable rates, interest‑only, etc.) for accurate accounting treatment
Assist in implementing new loan products or accounting processes
Provide support for internal and external audits, including documentation and data retrieval
Promote operational excellence through implementation of streamlined processes and clear procedural documentation
Assist in other responsibilities of the Loan Operations team as needed
Ensure adherence to GAAP, bank policies, and regulatory requirements for loan accounting
Maintain strong internal controls and support ongoing enhancements to the control environment
Support the bank’s SOX or FDICIA processes as applicable
Support Finance in preparation of internal loan portfolio reports, including roll‑forwards, yield analysis, concentration summaries, and trend reports for management, as needed
Support Finance in preparation of regulatory reports tied to loan accounting (e.g., Call Report and FR-Y schedules related to loans), as needed
Assist with variance analysis in loan-related income and balances; identify and elevate anomalies or trends
Qualification
Required
Bachelor's degree in accounting, Finance, or related field
3+ years of experience in loan accounting, loan operations, or bank financial reporting
Previous hands-on experience with core banking system configurations related to loan accounting (loan system setup, GL mapping, reporting, or system administration); Fiserv Premier strongly preferred
Strong understanding of GAAP related to loan accounting (accruals, nonaccruals, deferred fees/costs, charge-offs)
Proficiency in Excel and strong analytical skills
Ability to work independently, multitask, and meet tight deadlines
High attention to detail; strong financial accuracy
Excellent problem-solving and reconciliation skills
Strong communication and cross-department collaboration
Ability to interpret complex loan structures and translate into correct accounting treatment
Continuous improvement mindset with willingness to enhance systems and processes
Preferred
Fiserv Premier experience
Benefits
Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more?
Company Contributions to your 401k - Regardless of your contribution
Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more!
Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities
Company
Capital Bank, N.A.
Capital Bank N.A., headquartered in Rockville, Maryland is a Maryland chartered commercial bank that offers commercial and consumer banking services to clients in the Washington D.C.
201-500 employees
Funding
Current Stage
Public CompanyTotal Funding
$18.4M2020-12-10Debt Financing· $10M
2018-09-17IPO
2014-08-26Debt Financing· $5M
Leadership Team
Edward Barry
Chief Executive Officer, Member Board of Directors
Dominic Canuso
Chief Financial Officer
Recent News
Maryland Daily Record
2026-01-03
2025-12-31
Company data provided by crunchbase